Exam Code: MB-310
Exam Name: Microsoft Dynamics 365 Finance Functional Consultant
Certification Provider: Microsoft
Corresponding Certification: Microsoft Dynamics 365
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Step 5: Join an online forum or community

Study groups and online forums are an excellent way to prepare for a certification test. Get in touch with your peers through online groups or study forums so that you can ask any question related to all the topics you are having issues with.

You can read the Registration procedure of the Microsoft MB-310 Certification Exam

Step 1: Visit to Microsoft Exam Registration Step 2: Signup/Login to MICROSOFT account Step 3: Search for Microsoft MB-310 Certifications Exam Step 4: Select Date and Center of examination and confirm with payment value of $165

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Career Prospects

The professionals with the Microsoft Certified: Dynamics 365 Finance Functional Consultant Associate certification can explore different career opportunities. Some of the job titles that they can take up include a Functional Consultant, a Senior IT Manager, a Finance and Operation Manager, a Dynamics 365 Finance Consultant, a Business Analyst, and a Senior Implementation Consultant, among others. The salary outlook for these positions is an average of $65,000 per annum, while some specialists can earn as high as $176,000 per year.

Reference: https://docs.microsoft.com/en-us/learn/certifications/exams/mb-310

Overview of MB-310 Evaluation

Comprising over 40-60 questions, this test will last for 130. Unlike some of the other exams, candidates may encounter scenario-based, drag and drop, multiple-choice, and best answer questions. Only available in English, candidates will be required to pay a sum of $165 if they are to qualify for this validation. Additionally, candidates will have to score more than 700 points if they are to be deemed certified Microsoft Dynamics 365 functional consultants. This test has been created to monitor or examine your knowledge of basic cloud concepts like Azure including services like security, compliance, privacy, etc. Albeit no prerequisites for completing this exam, candidates must have basic knowledge of the various accounting principles as well as practices, if they are to duly qualify to take such a test.

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Microsoft MB-310 Exam Syllabus Topics:

SectionWeightObjectives
Manage fixed assets10–15%- Configure fixed assets parameters and groups
- Acquire, depreciate, and dispose of fixed assets
- Manage asset leasing and valuation
- Perform fixed asset reporting and inquiries
Implement financial management40–45%- Design and configure chart of accounts
  • 1. Configure main accounts and categories
  • 2. Set up ledger account aliases and control accounts
- Configure financial dimensions
  • 1. Set up dimension security and default values
  • 2. Define dimension structures and rules
- Manage currencies and exchange rates
  • 1. Configure currency types and exchange rate providers
  • 2. Process foreign currency revaluation
- Manage general ledger journals and transactions
- Implement financial closing processes
- Configure financial reporting and inquiries
- Configure fiscal calendars and periods
Manage budgeting10–15%- Configure budgeting parameters and dimensions
- Allocate and control budgets
- Perform budget forecasting and analysis
- Create and revise budget plans
Manage cash, bank, tax, and cost accounting- Implement cost accounting and cost management
- Set up tax calculation and reporting
- Configure bank management and reconciliation
- Configure consolidation and elimination processes
Implement accounts receivable, credit, collections, and subscription billing15–20%- Implement subscription billing and revenue recognition
- Configure credit management and limits
- Configure accounts receivable parameters and profiles
  • 1. Set up customer groups and posting profiles
  • 2. Define payment terms and methods
- Set up collections processes and workflows
- Manage customers and customer transactions
Implement and manage accounts payable and expenses10–15%- Configure accounts payable parameters and profiles
  • 1. Define invoice matching and validation policies
  • 2. Set up vendor groups and posting profiles
- Configure expense management and travel workflows
- Manage vendors and vendor transactions
- Process invoices, payments, and prepayments

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