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Important Details
The candidates for this certification exam are Functional Consultants. These specialists analyze the business prerequisites and translate the same into completely realized business procedures and solutions that utilize industry best practices. These professionals function as a core resource in the implementation and configuration of applications that fulfill the business requirements.
The Microsoft MB-310 exam does not have any official prerequisites. However, the test takers must have a basic understanding and knowledge of financial operations and accounting principles, including accounts receivables and accounts payables, costing principles, budgeting, taxes, and fixed assets.
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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.
Topics Covered in MB-310
The Microsoft MB-310 test is structured in a way that it measures the following skills of a candidate:
- Putting into practice accounts payable & expenses
The second sector consists of two parts. The category of implementing and managing accounts payable requires your knowledge of configuring invoice validation policies, setting up vendor posting profiles, and processing orders, invoices, and payments. The coverage also extends to configuring the vendor collaboration module and payment calendars in addition to charges. The second tested area of this domain is mainly about configuring and using expense management, which explains per diem options, personal and mileage expenses, credit card processing, and the Audit workbench.
- Setting up and configuring financial management
This domain is rather extensive that is why it's further categorized into seven parts. To start with, skills in defining and configuring the chart of accounts are examined in the first part, where you'll get to know more about financial dimensions, main accounts, and ledger account aliases. The second subcategory, which is based on configuring ledgers and currencies, requires skills such as constructing fiscal calendars and installing the ledger features. Abilities to describe & configure batch transfer rules and setting up currencies alongside conversions for a legal entity can also be identified as required skills in this category. The third area concerns implementing and managing journals. In this regard, the candidates must focus on their capabilities to describe options for implementing voucher numbers in journals and build journal names. Few other sections which should be taken into consideration by the candidates are their competency in describing use cases for periodic journals as well as configuring & applying accrual schemes. The next objective, which is executing and managing cash, includes skills such as creating and maintaining bank groups with bank accounts, describing & configuring electronic payment formats, and composing and processing bank reconciliations. The potential to describe cost accounting processes & terms and create a cost accounting report by using the Cost Accounting Report wizard are among some of the scopes analyzed regarding the cost accounting and cost management portion. Another key sector of this topic is performing periodic processes, which are centered on closing schedules, financial consolidation, and various ledger allocation policies.
- Managing fixed and budgeting assets
The final domain of managing & budgeting fixed assets encloses two main segments. The first is configuring and managing budgeting processes. Within this part, you should be able to arrange budgeting components, define a budget planning process, implement budget workflows, and perform budget checks. To finalize the tested skillset is putting into operation and managing fixed assets, which measures your abilities in creating diverse fixed assets and fixed assets groups. Additionally, within this section, you'll learn more about parameters, books, and depreciation for fixed assets.
- Implementing as well as managing accounts receivable, credit, collections, and the recognition for revenues
The next tested area is about putting into operation accounts receivable, credit, collection, and revenue recognition that detail three subcategories. The first one is implementing and managing accounts receivable, which comprises skills such as setting up customer posting profiles as well as configuring & processing free text invoices, orders, and payments. Monitoring credit and collections comes under the second subtopic, where you'll have to deal with delinquent customers and control customer credit limits. To succeed in the third objective, which covers configuring revenue recognition, candidates must excel in patterning journals & parameters and executing revenue schedules.
Reference: https://docs.microsoft.com/en-us/learn/certifications/exams/mb-310
Career Bonuses
The Microsoft certifications are among the most highly regarded options in the IT industry. Therefore, after passing the MB-310 exam and getting certified, you will open a lot of new doors of the opportunities for you. You will qualify to apply for several job roles. Some of these positions are listed below:
- Functional Consultant.
- System Engineer;
- Project Manager;
- Solutions Architect;
The average salary for these professionals can be about $119,000 per annum.
Microsoft MB-310日本語 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Implement and Manage Accounts Payable and Receivable | 25-30% | - Implement Accounts Payable
|
| Topic 2: Configure and Implement Core Financial Functions | 20-25% | - Implement and manage financial structures
|
| Topic 3: Implement and Manage Fixed Assets | 10-15% | - Configure Fixed Assets
|
| Topic 4: Implement and Manage General Ledger and Cost Accounting | 25-30% | - Implement General Ledger
|



