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Exam MB-310: Microsoft Dynamics 365 Finance
Candidates for this exam are Functional Consultants who analyze business requirements and translate those requirements into fully realized business processes and solutions that implement industry best practices. Candidates serve as a key resource in implementing and configuring applications to meet business requirements.
Candidates for this exam must have a fundamental understanding of accounting principles and financial operations of businesses including accounts payables and accounts receivables, taxes, costing principles, fixed assets, and budgeting.
Part of the requirements for: Microsoft Certified: Dynamics 365 Finance Functional Consultant Associate
The Microsoft MB-310: Microsoft Dynamics 365 Finance exam is one of the major requirements for earning the Microsoft Certified: Dynamics 365 Finance Functional Consultant Associate certification. It is developed for the functional consultants who are involved in examining the business requirements and interpreting those elements into the business processes that can be fully realized.
The target audience for this test is those individuals who have the fundamental knowledge of financial operations and accounting principles of business, field service, and customer service, and who are able to apply the chain management and retail concepts. The candidates need to have a thorough understanding of the basic accounting practices.
Reference: https://docs.microsoft.com/en-us/learn/certifications/exams/mb-310
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Microsoft MB-310 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Manage cash, bank, tax, and cost accounting | - Configure bank management and reconciliation - Configure consolidation and elimination processes - Implement cost accounting and cost management - Set up tax calculation and reporting | |
| Implement accounts receivable, credit, collections, and subscription billing | 15–20% | - Configure accounts receivable parameters and profiles
- Implement subscription billing and revenue recognition - Manage customers and customer transactions - Configure credit management and limits |
| Manage budgeting | 10–15% | - Configure budgeting parameters and dimensions - Perform budget forecasting and analysis - Create and revise budget plans - Allocate and control budgets |
| Implement financial management | 40–45% | - Configure financial dimensions
- Design and configure chart of accounts
- Configure financial reporting and inquiries - Configure fiscal calendars and periods |
| Implement and manage accounts payable and expenses | 10–15% | - Process invoices, payments, and prepayments - Configure accounts payable parameters and profiles
- Manage vendors and vendor transactions |
| Manage fixed assets | 10–15% | - Manage asset leasing and valuation - Perform fixed asset reporting and inquiries - Acquire, depreciate, and dispose of fixed assets - Configure fixed assets parameters and groups |
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