Microsoft Dynamics 365 Finance Exam Syllabus

Use this quick start guide to collect all the information about Microsoft Dynamics 365 Finance (MB-310) Certification exam. This study guide provides a list of objectives and resources that will help you prepare for items on the MB-310 Microsoft Dynamics 365 Finance Functional Consultant exam. The Sample Questions will help you identify the type and difficulty level of the questions and the Practice Exams will make you familiar with the format and environment of an exam. You should refer this guide carefully before attempting your actual Microsoft MCA Dynamics 365 - Finance Functional Consultant certification exam.

The Microsoft Dynamics 365 Finance certification is mainly targeted to those candidates who want to build their career in Microsoft Dynamics 365 domain. The Microsoft Certified - Dynamics 365 Finance Functional Consultant Associate exam verifies that the candidate possesses the fundamental knowledge and proven skills in the area of Microsoft MCA Dynamics 365 - Finance Functional Consultant.

Microsoft Dynamics 365 Finance Exam Summary:

Exam Name	Microsoft Certified - Dynamics 365 Finance Functional Consultant Associate
Exam Code	MB-310
Exam Price	$165 (USD)
Duration	120 mins
Number of Questions	40-60
Passing Score	700 / 1000
Books / Training	MB-310T00-A: Manage Financial Operations with Dynamics 365 Finance
Schedule Exam	Pearson VUE
Sample Questions	Microsoft Dynamics 365 Finance Sample Questions
Practice Exam	Microsoft MB-310 Certification Practice Exam

Microsoft MB-310 Exam Syllabus Topics:

Topic	Details
Implement financial management (35-40%)
Design and configure the chart of accounts and financial dimensions	- Design and configure financial dimensions - Design and configure the chart of accounts and main accounts - Configure main account categories, ledger account aliases, and balance control accounts - Configure legal entity overrides for financial dimensions and main accounts - Configure and manage account structures and advanced rules - Design and configure financial tags - Configure derived dimensions and financial dimension default templates
Configure ledgers and currencies	- Configure currency exchange types and rates - Configure a currency revaluation posting profile - Configure accounting and reporting currencies - Configure ledger calendar and fiscal calendar - Configure posting layers for ledger transactions - Configure and process ledger allocation rules
Implement and manage journals	- Configure journal names and vouchers - Configure journal controls and posting restriction rules - Configure and process periodic journals - Configure intercompany accounting - Create and modify templates to edit journals in Microsoft Excel - Reverse financial transaction entries - Create, validate, and post journal entries manually and by using Microsoft Excel - Configure batch processing of journals
Implement and manage cash and bank	- Create and manage bank groups and bank accounts - Configure payment formats - Configure bank reconciliations, including advanced bank reconciliations - Configure the cash flow forecast setup, including automation setup - Perform bank foreign currency revaluation - Process manual and advanced bank reconciliations - Configure shared payment setup for customers and vendors - Configure and process customer and vendor netting
Perform periodic processes	- Design and configure periodic closing processes and end-of-year processes, including main accounts, reports, and templates - Perform financial consolidation and elimination processes - Design and configure financial period workspaces and closing schedules - Design and configure legal entity for consolidation and elimination by using Consolidation online - Configure and process ledger settlements
Configure, collect, and report taxes	- Configure sales tax groups, item sales tax groups, tax codes, settlement periods, authorities, and tax exemptions - Configure tax ledger posting groups - Settle and post sales tax - Configure withholding tax groups, tax codes, and authorities - Calculate and adjust sales tax
Implement accounts receivable, credit, collections, and subscription billing (15-20%)
Implement and manage accounts receivable	- Configure customers and customer groups, including configuring shared customers - Configure and process free text invoices, including recurring free text invoices - Process sales order invoices and credit memos, including prepayments - Configure customer payment methods - Configure accounts receivable charges and apply changes to an invoice - Configure customer posting profiles - Process customer payments - Perform accounts receivable foreign currency revaluation - Configure billing classification - Configure bank accounts for customers - Process intercompany invoices
Manage credit and collections	- Configure credit management processes - Configure collections management processes, including collection activities - Manage delinquent customers - Configure and process collection letters - Configure aging definitions and process aged balances - Process and manage credit holds - Configure and process customer write-offs - Configure and process interest notes
Configure and manage subscription billing	- Generate sales documents by using billing schedules - Manage billing schedules, including price update and hold termination - Configure contract billing, including billing schedule group, item group, and milestone setup - Configure and process revenue deferrals and recognition, including charges - Configure and process expense deferrals and recognition - Process and manage revenue and expense recognition schedules - Configure deferral defaults and items deferred by default
Implement and manage accounts payable and expenses (10-15%)
Implement and manage accounts payable	- Configure invoice validation policies and invoice matching setup - Configure vendor groups, vendors, and vendor posting profiles, including configuring shared vendors - Process invoices and credit memos, with and without associated purchase orders, including prepayments - Configure vendor payment methods - Configure accounts payable charges, and apply changes to an invoice - Configure vendor bank accounts - Perform accounts payable foreign currency revaluation - Process the vendor invoice journal - Configure and process recurring vendor invoices - Process and generate vendor payments, centralized payments, and prepayments - Process intercompany vendor invoices
Configure expense management	- Configure expense management including categories, per diem options, mileage expenses, intercompany expenses, and personal expenses - Create and manage expense reports, including expense report policies
Manage budgeting (10-15%)
Implement basic budgeting	- Configure budgeting components, including budget models, codes, allocation terms, and transfer rules - Create and manage budget register entries - Compare budgeted values with actual values
Configure and manage budget controls	- Configure budget controls including budget parameters, budget fund availability options, budget control rules and groups, and over-budget permissions - Validate budget control on transactions
Configure and manage budget planning	- Create and manage budget plans, including scenarios and allocations - Configure budget planning process, including organization hierarchy
Manage fixed assets (10-15%)
Implement and manage fixed assets	- Create and manage fixed asset groups and other fixed asset attributes - Configure fixed asset posting profiles - Configure fixed asset books, including derived books - Configure depreciation profiles - Create and manage fixed assets - Configure mapping for fixed asset groups and books
Process fixed asset transactions	- Process fixed asset disposal (sales) by using free text invoices - Process fixed asset acquisitions by using purchase orders, journals, inventory journals, and projects - Create fixed asset budgets and transfer the budgets to the budgeting module - Process fixed asset depreciation, including multi-company - Process fixed asset split, reclassification, transfer, disposals and other transactions by using the fixed asset journal

To ensure success in Microsoft MCA Dynamics 365 - Finance Functional Consultant certification exam, we recommend authorized training course, practice test and hands-on experience to prepare for Microsoft Dynamics 365 Finance Functional Consultant (MB-310) exam.

Microsoft Dynamics 365 Finance Exam Syllabus

Microsoft Dynamics 365 Finance Exam Summary:

Microsoft MB-310 Exam Syllabus Topics:

Implement financial management (35-40%)

Implement accounts receivable, credit, collections, and subscription billing (15-20%)

Implement and manage accounts payable and expenses (10-15%)

Manage budgeting (10-15%)

Manage fixed assets (10-15%)