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Reference: https://docs.microsoft.com/en-us/learn/certifications/exams/mb-310
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The Microsoft Certified: Dynamics 365 Finance Functional Consultant Associate is one of the related certifications for anyone seeking to climb up the organizational ladder. MB-300 & MB-310 tests and their accompanying certification equip you with knowledge of configuration and usage of functionality tools. Additionally, this validation is designed for all in the finance and supply chain industry looking to learn and understand the concept of operations, accounting principles, and practices. In all, getting the affiliated certificate arms candidates with in-depth knowledge of how to carry out the subsequent technical tasks:
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| Section | Weight | Objectives |
|---|---|---|
| Manage fixed assets | 10–15% | - Configure fixed assets parameters and groups - Perform fixed asset reporting and inquiries - Manage asset leasing and valuation - Acquire, depreciate, and dispose of fixed assets |
| Implement accounts receivable, credit, collections, and subscription billing | 15–20% | - Manage customers and customer transactions - Implement subscription billing and revenue recognition - Set up collections processes and workflows - Configure accounts receivable parameters and profiles
|
| Manage budgeting | 10–15% | - Create and revise budget plans - Configure budgeting parameters and dimensions - Perform budget forecasting and analysis - Allocate and control budgets |
| Manage cash, bank, tax, and cost accounting | - Set up tax calculation and reporting - Implement cost accounting and cost management - Configure bank management and reconciliation - Configure consolidation and elimination processes | |
| Implement financial management | 40–45% | - Manage currencies and exchange rates
- Design and configure chart of accounts
- Implement financial closing processes - Configure financial dimensions
|
| Implement and manage accounts payable and expenses | 10–15% | - Manage vendors and vendor transactions - Configure expense management and travel workflows - Process invoices, payments, and prepayments - Configure accounts payable parameters and profiles
|
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