MB-920 Study Material: Important Concepts Explained

MB-920 study material covers essential Microsoft Dynamics 365 Fundamentals concepts, including core Finance and Operations (F&O) modules, cloud architecture, AI-driven insights, and unified reporting tools. Mastering these topics—along with supply chain workflows and regulatory compliance—is key to passing the exam. Study4Pass offers premium MB-920 study guides, featuring real-world case studies and practice questions, to help you grasp these critical ERP/CRM concepts and ace your certification with confidence!

Tech Professionals

30 April 2025

Microsoft

MB-920 Study Material: Important Concepts Explained

The Microsoft MB-920 (Microsoft Dynamics 365 Fundamentals – Finance and Operations Apps) certification is a foundational credential for professionals looking to validate their expertise in enterprise resource planning (ERP) solutions. This exam is designed for those who want to demonstrate their understanding of Microsoft Dynamics 365 Finance, Supply Chain Management, and ERP concepts.

With businesses increasingly adopting cloud-based ERP solutions, professionals with Microsoft MB-920 Certification are in high demand. This article explores the key concepts covered in MB-920 study material, exam preparation strategies, and how Study4Pass can help you succeed.

Enterprise Resource Planning (ERP): An Introduction

What is ERP?

Enterprise Resource Planning (ERP) refers to integrated software solutions that help organizations manage core business processes such as:

Finance & Accounting
Supply Chain & Procurement
Manufacturing & Operations
Human Resources & Payroll

Why is ERP Important?

Streamlines Operations: Eliminates data silos by integrating departments.
Improves Decision-Making: Real-time analytics and reporting.
Enhances Efficiency: Automates repetitive tasks.
Scalability: Grows with business needs.

Microsoft Dynamics 365: The Next-Gen ERP

Microsoft Dynamics 365 combines ERP and CRM (Customer Relationship Management) into a unified cloud platform. The Finance and Operations Apps (now split into Finance and Supply Chain Management) provide advanced tools for:

Financial Management
Inventory & Warehouse Management
Manufacturing & Production Planning
Retail & Commerce

Understanding MB-920 Study Material Scope

Overview of Microsoft Dynamics 365 ERP

The MB-920 exam focuses on:

Core ERP functionalities in Dynamics 365
Cloud vs. On-Premise Deployment
Integration with Power Platform (Power BI, Power Apps, Power Automate)
Security & Compliance in Dynamics 365

Importance for Certification

Passing the MB-920 exam proves you understand:

How Dynamics 365 Finance & Operations Apps work
Key ERP workflows
Basic configuration and reporting

Focus on Core Concepts

To pass the MB-920 exam, you must master:
✔ Dynamics 365 Finance Features (General ledger, budgeting, fixed assets)
✔ Supply Chain Management (Procurement, inventory, warehousing)
✔ Manufacturing Processes (Production orders, lean manufacturing)
✔ Reporting & Analytics (Power BI integration, financial reporting)
✔ Security & Licensing (Role-based security, data compliance)

Key Concepts in MB-920 Study Material

Dynamics 365 Finance Module

General Ledger: Core accounting functions.
Accounts Payable & Receivable: Managing vendor and customer transactions.
Budgeting & Forecasting: Financial planning tools.
Fixed Assets: Tracking depreciation and asset lifecycle.

Dynamics 365 Supply Chain Management

Procurement & Sourcing: Vendor management, purchase orders.
Inventory Management: Stock tracking, warehouse management.
Transportation & Logistics: Shipment planning, route optimization.

Manufacturing & Production

Discrete vs. Process Manufacturing: Different production methodologies.
Production Orders: Managing manufacturing workflows.
Lean Manufacturing: Reducing waste in production.

Reporting & Business Intelligence

Power BI Integration: Real-time dashboards.
Financial Reporting: Balance sheets, profit & loss statements.
Operational Analytics: Inventory turnover, supply chain insights.

Security & Compliance

Role-Based Security: Controlling user access.
Data Encryption & Compliance: GDPR, SOX compliance.
Audit Trails: Tracking system changes.

MB-920 Certification Exam Objectives

The MB-920 exam tests knowledge across four key areas:

Exam Section	Weightage
Describe Dynamics 365 Finance & Operations Apps	30-35%
Configure Dynamics 365 Finance & Operations Apps	20-25%
Use Dynamics 365 Finance & Operations Apps	20-25%
Implement Dynamics 365 Finance & Operations Apps	20-25%

Key Learning Outcomes

Understanding core ERP workflows in Dynamics 365.
Configuring basic financial and supply chain modules.
Using Power BI for reporting.
Implementing security best practices.

How To Prepare for MB-920 Exam?

Use Official Microsoft Learning Paths: Microsoft provides free MB-920 study material on its Microsoft Learn platform.
Take Practice Tests with Study4Pass:
· Simulate real exam conditions with timed tests.
· Identify weak areas with detailed answer explanations.
Hands-on Labs
· Use Microsoft’s trial environment for Dynamics 365.
· Practice creating financial reports, managing inventory, and setting up security roles.
Join Study Groups & Forums:
· Engage with other learners on Microsoft Tech Community.
· Discuss tricky concepts with experts.
Review Case Studies:
· Understand real-world ERP implementations in different industries.

Conclusion

The Microsoft MB-920 certification is a valuable credential for professionals entering the ERP and Dynamics 365 ecosystem. By mastering financial management, supply chain processes, and reporting, you can position yourself as a skilled ERP specialist.

Study4Pass offers high-quality MB-920 study material, including practice tests, exam dumps, and detailed guides, to help you pass the exam on your first attempt