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Microsoft MB-310 exam is designed for individuals who want to become certified Dynamics 365 Finance Functional Consultants. Microsoft Dynamics 365 Finance Functional Consultant certification demonstrates that an individual has the knowledge and skills required to implement and configure the financial management functionality of Microsoft Dynamics 365 Finance. MB-310 exam is intended for individuals who are responsible for configuring, managing, and maintaining financial management modules within Dynamics 365 Finance.

Microsoft MB-310 Exam is an essential step for those who want to become Microsoft Dynamics 365 Finance Functional Consultants. Passing this certification exam validates the candidate's ability to design, configure, and implement finance and accounting solutions in Dynamics 365. Candidates who are interested in taking MB-310 exam should have a strong background in finance and accounting and should be familiar with Dynamics 365 Finance.

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The best certificate to follow after the associate-level path is the Microsoft Certified: Dynamics 365: Finance and Operations Apps Solution Architect Expert, which will require you to nail one exam and which requires the Dynamics 365 Finance Functional Consultant Associate validation as a prerequisite.

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Microsoft MB-310 exam is designed to test the skills and knowledge of individuals who are planning to work as a Dynamics 365 Finance Functional Consultant. Microsoft Dynamics 365 Finance Functional Consultant certification is ideal for professionals who are responsible for implementing, configuring, and customizing Dynamics 365 Finance solutions for businesses. MB-310 exam is designed to validate the candidate's expertise in financial management, accounts payables and receivables, budgeting, and financial reporting.

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

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