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Microsoft MB-310 Exam is intended for those who have a strong background in finance and accounting and want to enhance their skills in the Microsoft Dynamics 365 Finance domain. Microsoft Dynamics 365 Finance Functional Consultant certification exam measures the candidate's ability to evaluate the financial requirements of an organization and design and implement the required solutions in Dynamics 365.

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You can read the Microsoft MB-310 Certification Exam Requirements

Candidates for this exam have a basic understanding of the concepts of corporate accounting and finance, customer service, field service, manufacturing, retail, and supply chain management.

Applicants for this exam usually train in one or more sets of Microsoft Dynamics 365 Finance functions, including finance, manufacturing, and supply chain management. Applicants must have knowledge of basic accounting principles and practices.

  • Microsoft Certified: Dynamics 365 Finance Functional Consultant Associate

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

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Microsoft MB-310 Exam Syllabus Topics:

SectionWeightObjectives
Implement and Manage Fixed Assets10-15%- Configure Fixed Assets
  • 1. Configure fixed asset books and value models
  • 2. Configure fixed asset parameters and groups
  • 3. Implement fixed asset tracking and reporting
  • 4. Implement fixed asset acquisition, depreciation, and disposal
  • 5. Set up fixed asset depreciation methods and conventions
Configure and Implement Core Financial Functions20-25%- Implement and manage financial structures
  • 1. Implement financial dimensions and dimension sets
  • 2. Set up ledgers, currencies, and exchange rates
  • 3. Configure fiscal calendars, fiscal years, and periods
  • 4. Create and manage legal entities
  • 5. Configure chart of accounts and account structures
- Configure cash flow management
  • 1. Implement petty cash and workflow for cash management
  • 2. Configure bank management and bank accounts
  • 3. Set up cash flow forecasts
Implement and Manage General Ledger and Cost Accounting25-30%- Implement General Ledger
  • 1. Configure and manage intercompany accounting
  • 2. Configure and process journal entries
  • 3. Configure and process financial consolidation
  • 4. Implement advanced ledger structures
  • 5. Implement periodic processes and allocations
- Implement Cost Accounting
  • 1. Configure and process budget configurations
  • 2. Configure cost accounting module
  • 3. Implement cost allocations and cost behavior
  • 4. Create cost control units and cost groups
Implement and Manage Accounts Payable and Receivable25-30%- Implement Accounts Receivable
  • 1. Configure and manage collection letters and interest
  • 2. Implement free text invoices and sales orders
  • 3. Implement and process customer payments
  • 4. Configure accounts receivable parameters and payment terms
  • 5. Set up customers, customer groups, and customer posting profiles
- Implement Accounts Payable
  • 1. Configure accounts payable parameters and payment terms
  • 2. Configure charges and multi-lined invoice scenarios
  • 3. Implement and process vendor payments
  • 4. Implement invoice and payment workflows
  • 5. Set up vendors, vendor groups, and vendor posting profiles

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