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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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Reference: https://docs.microsoft.com/en-us/learn/certifications/exams/mb-310
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| Section | Weight | Objectives |
|---|---|---|
| Manage cash, bank, tax, and cost accounting | - Configure bank management and reconciliation - Implement cost accounting and cost management - Configure consolidation and elimination processes - Set up tax calculation and reporting | |
| Implement and manage accounts payable and expenses | 10–15% | - Configure expense management and travel workflows - Configure accounts payable parameters and profiles
- Manage vendors and vendor transactions |
| Manage budgeting | 10–15% | - Create and revise budget plans - Perform budget forecasting and analysis - Configure budgeting parameters and dimensions - Allocate and control budgets |
| Manage fixed assets | 10–15% | - Perform fixed asset reporting and inquiries - Acquire, depreciate, and dispose of fixed assets - Configure fixed assets parameters and groups - Manage asset leasing and valuation |
| Implement accounts receivable, credit, collections, and subscription billing | 15–20% | - Configure accounts receivable parameters and profiles
- Set up collections processes and workflows - Implement subscription billing and revenue recognition - Manage customers and customer transactions |
| Implement financial management | 40–45% | - Configure fiscal calendars and periods - Implement financial closing processes - Configure financial reporting and inquiries - Design and configure chart of accounts
|
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