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Microsoft MB-310 : Microsoft Dynamics 365 Finance Functional Consultant

MB-310 real exams

Exam Code: MB-310

Exam Name: Microsoft Dynamics 365 Finance Functional Consultant

Updated: Aug 09, 2026

Q & A: 349 Questions and Answers

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About Microsoft MB-310 Exam

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Languages: English

Retirement date: none

This exam measures your ability to accomplish the following technical tasks: set up and configure financial management; implement and manage accounts payable and expenses; implement accounts receivable, credit, collections, and revenue recognition; and manage budgeting and fixed assets.

Reference: https://docs.microsoft.com/en-us/learn/certifications/exams/mb-310

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Conclusion

Taking and passing the Microsoft MB-310 test is a step in the right direction for functional consultants seeking to learn and master the act of meeting business requirements. The Microsoft Certified: Dynamics 365 Finance Functional Consultant Associate certification being globally recognized will prepare you to take more roles in the industry if you nail such a test. Also, this description has highlighted a few books you need to efficiently prepare for and clear the actual evaluation. Everything is in your hands now so do your best!

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Topics Covered in MB-310

The Microsoft MB-310 test is structured in a way that it measures the following skills of a candidate:

  • 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.

  • 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.

  • 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.

Overview of MB-310 Evaluation

Comprising over 40-60 questions, this test will last for 130. Unlike some of the other exams, candidates may encounter scenario-based, drag and drop, multiple-choice, and best answer questions. Only available in English, candidates will be required to pay a sum of $165 if they are to qualify for this validation. Additionally, candidates will have to score more than 700 points if they are to be deemed certified Microsoft Dynamics 365 functional consultants. This test has been created to monitor or examine your knowledge of basic cloud concepts like Azure including services like security, compliance, privacy, etc. Albeit no prerequisites for completing this exam, candidates must have basic knowledge of the various accounting principles as well as practices, if they are to duly qualify to take such a test.

Microsoft MB-310 Exam Syllabus Topics:

SectionObjectives
Configure and use financial management- General ledger setup
  • 1. Fiscal calendars and periods
    • 2. Chart of accounts configuration
      • 3. Financial dimensions setup
        - Financial reporting
        • 1. Budgeting and control
          • 2. Financial statements configuration
            Manage fixed assets- Fixed asset lifecycle
            • 1. Acquisition and depreciation
              • 2. Disposal and revaluation
                Manage cash and bank- Bank account setup
                • 1. Cash flow management
                  • 2. Bank reconciliation
                    Configure and manage tax- Tax setup and configuration
                    • 1. Tax calculation and reporting
                      • 2. Sales tax setup
                        Manage accounts payable and receivable- Accounts receivable processes
                        • 1. Customer management
                          • 2. Invoicing and collections
                            - Accounts payable processes
                            • 1. Vendor management
                              • 2. Invoice processing and payments

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