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MB6-895 - Financial Management in Microsoft Dynamics 365 for Finance and Operations - Dump Information

Vendor : Microsoft
Exam Code : MB6-895
Exam Name : Financial Management in Microsoft Dynamics 365 for Finance and Operations
Questions and Answers : 49 Q & A
Updated On : October 19, 2018
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MB6-895 Questions and Answers

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MB6-895 Financial Management in Microsoft Dynamics 365 for Finance and Operations

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MB6-895 exam Dumps Source : Financial Management in Microsoft Dynamics 365 for Finance and Operations

Test Code : MB6-895
Test Name : Financial Management in Microsoft Dynamics 365 for Finance and Operations
Vendor Name : Microsoft
Q&A : 49 Real Questions

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Microsoft Financial Management in Microsoft

Microsoft invests in grab to convey AI and large facts to on-demand functions | killexams.com Real Questions and Pass4sure dumps

Microsoft has made a strategic funding in trip-hailing and on-demand functions company grab as part of a deal that contains collaborating on huge information and AI initiatives.

beneath the settlement, Singapore-based seize will adopt Microsoft Azure as its preferred cloud platformAzure cloud computing service.

Microsoft and grab didn’t expose fiscal terms.

The conception behind the tie-up is for seize to use Microsoft’s product to scale its personal digital platform, which has grown beyond journey-hailing. seize also has its own price service and makes meals deliveries.

“Our partnership with grab opens up new opportunities to innovate in both a swiftly evolving business and increase vicinity,” mentioned Peggy Johnson, government vice chairman at Microsoft, referred to in a press release.

The companies said they’ll also work on a number of “ingenious deep know-how tasks,” including new authentication measures such as facial recognition with built-in AI (for drivers and shoppers who choose in) to exchange the old-school system of checking IDs.

The organizations will also examine makes use of for herbal language processing, computing device studying and AI in grab’s platform comparable to map advent, fraud detection capabilities and the ability for passengers to take a photograph of their latest area and have it translated into an precise tackle for the driver.

seize and Microsoft already have a unfastened connection of sorts via Toyota.

Toyota, which recently made a $1 billion funding into grab (and yet another $1 billion from different traders), has been working with Microsoft for a few years now. In 2017, Microsoft agreed to license its patents for information superhighway-linked automobiles to Toyota, a milestone deal at the time that signaled the know-how company’s willingness and activity to extend its transportation-related functions.

both agencies struck a deal in April 2016 to create a knowledge analytics business called Toyota connect concentrated on bringing new cyber web-connected functions to vehicles. Toyota join makes use of Microsoft Azure to trap and evaluate data and aid strengthen new products for drivers, groups with vehicle fleets, and purchasers.


Microsoft funding in enterprise purposes contains large dev group boom, says GM | killexams.com Real Questions and Pass4sure dumps

Microsoft's commitment to Dynamics 365 and company applications as a "third leg of the stool" together with Azure and workplace 365 will also be seen through a starting to be R&D team and more advertising and marketing funding.

nonetheless it hasn't resulted in new workplace house yet.

These insights and extra come from Microsoft enterprise functions well-known manager Charles Lamanna, who talked to Microsoft MVP Steve Mordue in a lately posted podcast. in the interview, he talked about his team's plans in more than a few areas, from PowerApps and the Unified client Interface to the grand imaginative and prescient of the Open statistics Interface and the function of Azure information Lake.

The Dynamics team continues to be working "in a barn" on a satellite tv for pc campus in Redmond, Lamanna mentioned, however Microsoft has made its commitment to the company functions group evident in alternative ways, including primary increase in the team. Lamanna described the enterprise applications crew as growing its engineering team more than 300%. He explained:


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No outcomes found, are trying new keyword!today announced that the Icertis Contract administration (ICM) platform is now being showcased in over 50 Microsoft know-how centers (MTC) global. The ICM platform, constructed on Microsoft Azure, is being ...

MB6-895 Financial Management in Microsoft Dynamics 365 for Finance and Operations

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MB6-895 exam Dumps Source : Financial Management in Microsoft Dynamics 365 for Finance and Operations

Test Code : MB6-895
Test Name : Financial Management in Microsoft Dynamics 365 for Finance and Operations
Vendor Name : Microsoft
Q&A : 49 Real Questions

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Financial Management in Microsoft Dynamics 365 for Finance and Operations

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Arbela Technologies Corp. Announces Delivery of Dynamics 365 for Finance and Operations in One Month | killexams.com real questions and Pass4sure dumps

Dynamics AX 2009 to Dynamics 365 Upgrade in Record One Month

IRVINE, Calif., Oct. 11, 2018 /PRNewswire-iReach/ -- Arbela Technologies Corp., a Microsoft Dynamics 365 ERP, CRM, Field Service, Business Intelligence/Analytics and related Microsoft Cloud Solutions Partner, is pleased to announce its continued success in delivery of Dynamics 365 for Finance and Operations in record times.

The market today demands a predictable and faster value of ERP, CRM, and BI projects.  With the advent of cloud business solutions and Microsoft Dynamics 365, delivering these solutions in record time is now possible more than ever before.

Successful implementations not only require strong product and industry knowledge with an agile implementation methodology, but they also require active client participation in learning and taking ownership of the new system. Arbela has invested significantly in internal training, upgrade tools, and its implementation methodology provides a trackable and repeatable Microsoft Dynamics upgrade solution for global manufacturers and distributors with legacy Microsoft Dynamics systems, such as AX 2009, and AX 2012.  

An example of this success is BionX's Microsoft Dynamics AX 2009 upgrade to Dynamics 365 for Finance and Operations -- delivering a complete solution from financial management, order management, procurement, manufacturing, and reporting in one month for BionX, an electric drive system manufacturer. BionX's location in Germany is the Sales & Service Center for Europe and is where the implementation of the upgrade took place.

"Active learning and ownership is exactly what the BionX team did in their successful deployment of Dynamics 365 for Finance and Operations. Active participation in data migration, validating data, design of the solution, and performing testing are critical factors in ownership," stated Anja Fisher, Chief Architect Officer of Arbela Technologies. "We are grateful for our relationship and wish BionX further success in using Dynamics 365."

Barbara Tremmel, Finance Manager of BionX said, "Our business required us to deliver, and Arbela and our team were able to deliver a complete ERP solution in just one month. Arbela's team of Dynamics 365 experts with their global presence and response enabled us to leverage the available time in the most efficient way in this successful delivery."

About Arbela BionX: 

BionX' award-winning electric drive systems are answering a growing worldwide demand for alternative transportation solutions that enable environmental sustainability and a higher quality of life. The BionX Sales & Service Center for Europe is located near Munich, Germany to support the large European customer base. 

About Arbela Technologies: 

Arbela Technologies is a Dynamics 365, Business Intelligence & Analytics global consulting firm that empowers organizations around the world to digitally transform and grow their businesses. Their expert consultants offer strategic consulting, implementation services, support, and managed services, and pre-built software solutions. Arbela helps its clients innovate and reinvigorate their customer, employee, partner and supplier experiences and processes using Microsoft Dynamics. Arbela specializes in global implementations, often with complex business processes and have extensive expertise in the industries they serve — including engineer-to-order, make-to-order and configure-to-order manufacturing, distribution, aerospace, building materials, high-tech, and media/entertainment industries. Further information about Arbela Technologies can be found at www.arbelatech.com.

Media Contact: Kimia Moini, Arbela Technologies, 9499733512, kimia.moini@arbelatech.com

News distributed by PR Newswire iReach: https://ireach.prnewswire.com

 


Microsoft Dynamics 365 for Finance and Operations, Business Edition | killexams.com real questions and Pass4sure dumps

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Launched in November 2016, Microsoft Dynamics 365 for Finance and Operations, Business Edition (Dynamics 365) joins other Microsoft Dynamics enterprise resource planning (ERP) applications, including Dynamics GP and Dynamics NAV. Dynamics 365 is focused on small and midsize enterprises (SMEs) and is offered on a cloud-only deployment model. Prices begin at $40 per user per month, though each team member (which are defined as users that only need to observe but not enter or change information) pays only $5 per month. As with most SME-focused accounting and ERP systems, you'll need to deal with a Microsoft Partner to obtain the app. Because of this, you'll only know your final cost after that partner has added its charges. While Dynamics 365 is a solid product, its current lack of payroll, customer relationship management (CRM), and project management (PM) features keep it behind our Editors' Choice winners Oracle NetSuite OneWorld and Syspro in our ERP review roundup.

Nice Landing There

Microsoft provided me with a full, autonomous test instance of Dynamics 365, hosted in Microsoft's cloud like any other customer would have. The system initiated a landing page with tiles for a wide variety of integrated Microsoft cloud apps, including Microsoft Office 365 and several others. Clicking the "Dynamics 365" tile launches the app.

As with a number of other SME accounting systems I reviewed, the landing page has tiles that represent open items and key performance indicators (KPIs). Microsoft calls these "cues." There's also a chart on the right-hand side of the window where you can specify which KPIs, reminder cues, and chart information you want displayed. With the pie chart graphic in my test system, hovering over a slice brings up the financial data associated with that slice. Clicking the segment brings up the customer, vendor, or other record associated with the part of the graphic. As with other items on the landing page, you can choose what items you want graphed and resize any or all items displayed. Also located on the landing page is a short summary trial balance, a useful feature that I appreciated. The customization capabilities mean that users can essentially design their own initial landing portals without much or even any assistance from IT.

Your main navigation mechanism is a menu on the left-hand side of the landing window. What's displayed there depends on the role assigned to that particular user. Available roles include Accountant, Administrator, Business Manager, Project Manager, Sales Activities, Sales and Relationship Manager, Sales Order Processor, and Team Member. As mentioned earlier, a Team Member can only view data, not enter or edit it.

I performed this review in the role of Accountant. In this role, the initial left-hand side menu consisted of icons for Advanced Finance, Approvals, Finance, Home, Purchasing, and Sales. Each icon is accompanied by a short description of available functions. For example, clicking the Finance icon brings you to a window that lets you collect and make payments, prepare statements, and reconcile bank accounts. The Advanced Financials icon brings you to the window where you can manage budgets, analyze cash flows, perform fixed asset functions, and handle sales analysis.

These menus are enhanced by ribbon menus at the top of each screen that present different sub-tasks you can perform depending on which menu window you're currently in. Unlike some of the other ERP and accounting programs I have reviewed, such as QuickBooks Enterprise Solutions and Sage 300, Dynamics 365 doesn't provide a process flowchart navigation option. Even so, it's laid out intuitively enough that I quickly became familiar with the app's navigation process. If you need to get to a specific function and aren't sure where it's located, then entering the desired function or report in the Search box immediately brings up various options, one of which is will bring you to the desired location.

Dynamics 365 has corresponding mobile apps available for Android and iOS, and I tested them on an iPad Air and Lenovo Yoga tablet. The screens appear to be identical with the PC version, though somewhat truncated due to the smaller screen size of the tablet's display, but still nicely designed within those constraints.

Dynamics 365's robust Chart of Accounts structure can have up to 35 characters in total, 20 as the actual account number, and the remainder as something Microsoft calls "dimensions." These dimensions can be used to delineate things such as departments and function, somewhat similar to custom fields in other vendors' accounting systems.

Reports are plentiful and easy to access. Dynamics 365 has the standard financial reports, including summary and detail general ledgers, trial balances, a Working Trial Balance and the standard financial statements of Balance Sheet, Income Statement, and Cash Flows. A nice side effect of the tight integration with the rest of the Microsoft Office and Office 365 suite is that creating custom reports is fairly easy using tools you likely already know.

Dynamics 365 also has excellent graphics and charting capabilities. These are greatly enhanced by letting you easily incorporate additional charts and graphics from Microsoft Excel and even more complex data visualizations from Microsoft Power BI. However, Microsoft Power BI wasn't active on my review system so I didn't directly test this capability, though the "Import from Microsoft Excel" feature worked well.

Solid Sales and Purchases

The Sales and Purchases capabilities of Dynamics 365 are fairly standard except for one standout. On the basic functionality side, you can create quotes and estimates and turn them into invoices. You can also easily create purchase orders. Both sales and purchases are closely tied to inventory so it's easy to tell if you have sufficient stock to fill an order, or whether you have to backorder some or all of an order and issue a purchase order to restock your inventory. However, Dynamics 365 isn't quite an inventory management system on its own as it doesn't currently support multiple warehouses, bar coding, or similar features you'd expect in that category.

The standout features is Microsoft Dynamic 365 for Financials' ability to create sales quotes and even invoices directly inside of a Microsoft Outlook email and have the quote or invoice immediately reflected in Dynamics 365. This is a result of the very tight integration with Microsoft Office 365, and easily justifies obtaining Microsoft Office 365 if you don't already subscribe. When in Microsoft Outlook 365, there's a button with the Financials icon. Clicking this icon opens the customer's record, and you can create the estimate or invoice directly in Dynamics 365; it attaches to an email reply sent to the customer. With most other accounting systems, you'd have to create the document inside of the accounting system, save it as a document of some kind, and then attach it to an email.

Not Quite PM

In addition to sales, purchases, and inventory, Dynamics 365 offers what Microsoft is calling project management. But if you're expecting a true PM tool that supports features such as Critical Path Method (CPM), Program Evaluation Review Technique (PERT) charts, min/max resource allocation, or Gantt charts, then you'll be disappointed. This feature might more accurately be called job management or job costing. To use it, you create Job Cards, and then create tasks and rates for these as well as planning times and a budget. Once that's done, you can apply resources to the job.

While Dynamics 365's PM capabilities don't include Gantt charts, you can still set milestones and determine how well the job is meeting them. You can also enter time cards and allocate these time card expenses to the project or job. For many small and midsize businesses (SMBs), this approach will work well enough. But if you need more depth, you'll have to spring for Microsoft Project (the company does offer a cloud version) or some third-party PM tool.

Fixed Assets Is a Nice Addition

It's not all that usual to find Fixed Asset capability in an ERP or accounting system that's targeted to the SME market strata. However, even when one is available, it's often an extra cost, optional module. Dynamics 365 includes Fixed Asset capability as part of its Basic bundle, which is a nice touch. Assets are entered into the system on Asset Cards that contain a description of the asset, acquisition cost and date, and the desired depreciation method.

Dynamics 365 has the standard depreciation methods including Straight Line, Declining Balance, and Depreciation, calculated by using the Half-Year Convention. You can also specify your own depreciation method. While Fixed Assets in Dynamics 365 isn't quite as comprehensive as those in many of the standalone Fixed Asset modules available for modular ERP systems, such as SAP Business One Professional, it should be satisfactory for most of Dynamics 365's intended customer base.

Inventory Is Slightly Limited

Dynamics 365's Inventory menu represents a fairly generic inventory management sub-system. However, it looks good; in the test system I reviewed, each inventory item was paired with a photo of that item. That's a nice touch and it makes it easy to visually verify that you are working with the correct item.

On the downside, Dynamics 365 has only a single inventory costing method, namely, First-In First-Out (FIFO). That's probably not going to be a deal breaker for many potential users, and a Microsoft rep confirmed to me that the company thinks FIFO is enough for its intended customers. But I would have liked to have seen at least the Weighted Average Cost method included as well. Microsoft is in the process of adding Kitting (creating sub-assemblies), though this is not yet a feature in the version of the software I reviewed.

Overall, after testing this initial release of Dynamics 365, I think that what's available was nicely done. However, the app is very much a work in progress. At the time I tested the software, it was only available in the US and Canada so, if you conduct a business in other areas of the world, then you should check with Microsoft first. Still, Dynamics 365 seems like a good fit for companies looking to move up from a more entry-level accounting system, such as FreshBooks. It's highly scalable and will hopefully gain some of the additional capabilities that many of its midmarket competitors offer, especially payroll and a more comprehensive inventory management capability.

Microsoft Dynamics 365 for Finance and Operations, Business Edition

good

Bottom Line: Microsoft Dynamics 365 for Finance and Operations, Business Edition is a cloud-based accounting system that's tightly integrated with Office 365 and other Microsoft cloud applications. It's a solid offering that's easy to navigate, but some small to midsize businesses may find it lacks particular features they need.


Armanino Enters Licensing Deal With Microsoft to Add Its Revenue Recognition Management to Microsoft Dynamics 365 Software | killexams.com real questions and Pass4sure dumps

June 12, 2018 12:04 ET | Source: Armanino

SAN RAMON, Calif., June 12, 2018 (GLOBE NEWSWIRE) -- Armanino LLP, one of the top 25 largest accounting and business consulting firms in the U.S., announced today it has reached an agreement with Microsoft to license its Revenue Recognition Management for Microsoft Dynamics 365 to the software leader. Armanino’s solution will be built into Dynamics 365 for Finance and Operations, becoming part of the standard release and giving every user access to streamlined accounting processes for complex revenue recognition management. Users will be able to more easily comply with IFRS 15 and ASC 606 standards, ending reliance on manually managed spreadsheets.

“We are very excited about this agreement with Microsoft, as it will integrate our proprietary Revenue Recognition Management add-on into future editions of Microsoft Dynamics 365 for Finance and Operations,” said Tom Mescall, partner-in-charge of consulting at Armanino. “As a value-added reseller, our team knows Dynamics 365 for Finance and Operations inside and out, and will continue to assist businesses and organizations in purchasing and implementing the solution. We also offer a full suite of Dynamics add-ons, including Life Sciences Industries, High Tech Industries, Warranty Management, Forecast Management and more.”

Muhammad Alam, General Manager of Microsoft Dynamics 365 for Finance and Operations, Microsoft Corp., said, “We are proud to be collaborating with Armanino to bring its Revenue Recognition Management solution to Microsoft Dynamics 365 for Finance and Operations. Armanino has an excellent track record with revenue recognition management and a deep expertise with Dynamics 365, and has built an add-on that lives up to the Microsoft standard.”

Revenue Recognition Management simplifies the order entry process by allowing customer service representatives to enter, confirm, pick, pack, ship and invoice orders per their natural workflows, without requiring them to be revenue experts. The solution supports the utilization of sale pricing, discounts, trade agreements and promotions native to Dynamics 365, as well as importing orders and pricing from CRM.

Armanino will continue to support Microsoft as it transitions Revenue Recognition Management for Dynamics 365 from add-on to an integrated part of the Dynamics 365 for Finance and Operations software.

To learn more about Revenue Recognition Management for Dynamics 365, please visit: http://www.armaninollp.com/software-solutions/integration-solutions/marketplace-solutions/dynamics/revenue-recognition-management-for-dynamics-365/

About Armanino LLP

Armanino LLP (www.armaninollp.com) is one of the top 25 largest independent accounting and business consulting firms in the nation. Armanino provides an integrated set of audit, tax, business management, consulting and technology solutions to companies in the U.S. and globally. The firm helps clients adapt and change in every stage of business, from startup through rapid growth to the sale of a company. Armanino emphasizes smart technology, leading a cloud revolution of financial, operational, sales and compliance tools that are transforming the way companies do business. The firm extends its global services to more than 100 countries through its membership in Moore Stephens International Limited, one of the world's major accounting and consulting membership organizations. In addition to its core consulting and accounting practices, Armanino operates its division, AMF Media Group (www.amfmediagroup.com), a media and communications services agency. Its affiliate, Intersect Capital (www.intersectcapitalllc.com), is an independent financial planning, wealth and lifestyle management firm.

Kyle McGuire, AMF Media Group925.790.2788kyle@amfmediagroup.com



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Microsoft MB6-895 Exam (Financial Management in Microsoft Dynamics 365 for Finance and Operations) Detailed Information



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