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Exam Overview

The Microsoft MB-310: Microsoft Dynamics 365 Finance exam is available in the English language and the candidates have to pay the fee of $165 to take it. Although Microsoft does not disclose its details, the students can expect between 40 and 60 questions covering a range of topics. The time allowed for the test is 120 minutes.

Ideal MB-310 Audience

This test is designed primarily for all of the functional analysts tasked with the responsibility of examining a plethora of business requirements and also deciphering each of these elements into fully functional business processes. Also, these specialists must be able to implement and configure applications with the aim of satisfying business requirements. Then, such a test is also created for candidates that are specialists in the existing Microsoft Dynamics 365 Finance domain touching on such notions as supply chain industry, management, business, etc. Besides these, candidates with knowledge of various accounting principles, as well as financial operations of businesses, field service, retailing, etc. are ideal candidates for MB-310.

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You can read the Microsoft MB-310 Certification Exam cost

  • The cost of the Microsoft MB-310 Exam is $165.

The Microsoft MB-310: Microsoft Dynamics 365 Finance exam has been designed for almost everyone in the finance industry. Its accompanying certification, the Microsoft Certified: Dynamics 365 Finance Functional Consultant Associate, seeks to test your knowledge on the aspect of business requirements and processes. Moreover, the second test required to earn this designation is MB-300, which also has been developed for anyone in the finance industry.

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

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Microsoft MB-310 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Manage cash, bank, tax, and cost accounting- Set up tax calculation and reporting
- Configure consolidation and elimination processes
- Configure bank management and reconciliation
- Implement cost accounting and cost management
Topic 2: Manage budgeting10–15%- Configure budgeting parameters and dimensions
- Create and revise budget plans
- Perform budget forecasting and analysis
- Allocate and control budgets
Topic 3: Implement and manage accounts payable and expenses10–15%- Manage vendors and vendor transactions
- Configure expense management and travel workflows
- Configure accounts payable parameters and profiles
  • 1. Define invoice matching and validation policies
  • 2. Set up vendor groups and posting profiles
- Process invoices, payments, and prepayments
Topic 4: Implement financial management40–45%- Manage general ledger journals and transactions
- Configure fiscal calendars and periods
- Configure financial dimensions
  • 1. Set up dimension security and default values
  • 2. Define dimension structures and rules
- Implement financial closing processes
- Configure financial reporting and inquiries
- Manage currencies and exchange rates
  • 1. Process foreign currency revaluation
  • 2. Configure currency types and exchange rate providers
- Design and configure chart of accounts
  • 1. Set up ledger account aliases and control accounts
  • 2. Configure main accounts and categories
Topic 5: Manage fixed assets10–15%- Configure fixed assets parameters and groups
- Perform fixed asset reporting and inquiries
- Acquire, depreciate, and dispose of fixed assets
- Manage asset leasing and valuation
Topic 6: Implement accounts receivable, credit, collections, and subscription billing15–20%- Manage customers and customer transactions
- Implement subscription billing and revenue recognition
- Set up collections processes and workflows
- Configure accounts receivable parameters and profiles
  • 1. Set up customer groups and posting profiles
  • 2. Define payment terms and methods
- Configure credit management and limits

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