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Taking and passing the Microsoft MB-310 test is a step in the right direction for functional consultants seeking to learn and master the act of meeting business requirements. The Microsoft Certified: Dynamics 365 Finance Functional Consultant Associate certification being globally recognized will prepare you to take more roles in the industry if you nail such a test. Also, this description has highlighted a few books you need to efficiently prepare for and clear the actual evaluation. Everything is in your hands now so do your best!
Reference: https://docs.microsoft.com/en-us/learn/certifications/exams/mb-310
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After reviewing the exam details, you need to ensure that you are staying up-to-date with the entire course outline. It is worth mentioning that it is usually the most important part of the certification test. So, you should go to the Microsoft site and review the course outline.
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Manage budgeting | 10–15% | - Configure budgeting parameters and dimensions - Allocate and control budgets - Create and revise budget plans - Perform budget forecasting and analysis |
| Topic 2: Implement and manage accounts payable and expenses | 10–15% | - Process invoices, payments, and prepayments - Configure expense management and travel workflows - Configure accounts payable parameters and profiles
|
| Topic 3: Manage fixed assets | 10–15% | - Manage asset leasing and valuation - Configure fixed assets parameters and groups - Perform fixed asset reporting and inquiries - Acquire, depreciate, and dispose of fixed assets |
| Topic 4: Implement accounts receivable, credit, collections, and subscription billing | 15–20% | - Implement subscription billing and revenue recognition - Set up collections processes and workflows - Manage customers and customer transactions - Configure credit management and limits - Configure accounts receivable parameters and profiles
|
| Topic 5: Implement financial management | 40–45% | - Manage currencies and exchange rates
- Design and configure chart of accounts
- Configure financial dimensions
- Configure financial reporting and inquiries |
| Topic 6: Manage cash, bank, tax, and cost accounting | - Configure consolidation and elimination processes - Configure bank management and reconciliation - Implement cost accounting and cost management - Set up tax calculation and reporting |
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