The Microsoft MB-310: Microsoft Dynamics 365 Finance exam focuses on validating the candidates’ skills in managing the Microsoft Dynamics 365 Finance tools and features. It targets the professionals who want to strengthen their expertise in accounting and want to learn how they can implement the Microsoft infrastructure to meet the business objectives and determine sustainable growth. Exam MB-310 is part of the requirements for the Microsoft Certified: Dynamics 365 Finance Functional Consultant Associate certification. Apart from obtaining the passing score in this exam, test-takers will need to pass another evaluation which is coded MB-300 and validates the examinees’ skills on managing the Microsoft Dynamics 365: Core Finance and Operations concepts.

Target Candidates For The Microsoft MB-310 Exam

The individuals who go for the MB-310 test are interested in learning how to properly analyze the organization’s requirements and translate them into effective business solutions and processes by taking into consideration the industry’s best practices. In addition, they already have experience in using accounting principles and want to improve this type of knowledge. Besides, they are interested in understanding more about the relationship that can be established between financial operations and core finance, supply chain management, retail, and manufacturing operations.

Target candidates typically possess competency in at least one Dynamics 365 Finance feature sets. These include cost accounting, tax, general ledger, expense management, fixed assets, finance, budgeting, consolidation, revenue recognition, cash & bank management, credit & collections, as well as project management & accounting.

Details Of The Microsoft MB-310 Evaluation

The MB-310 exam is available in the English language only. The total number of questions that candidates need to answer within this test ranges between 40 to 60 questions. The allocated time for the completion of the exam is 100 minutes. To succeed in the evaluation and qualify for the associated certificate, test-takers are required to reach a minimum passing score of 700 points out of 1000 available. The registration fee for the exam is $165. However, the pricing may vary depending on the country chosen by the candidates to take the proctored test. To check the actual cost for the specific location, applicants can refer to the official exam webpage.

Skills Validated By The Microsoft MB-310 Exam

Before exploring the available preparation resources to pass the MB-310 exam, candidates should understand its main objectives. Therefore, according to the test’s syllabus, the test-takers must demonstrate that they developed a solid understanding of the following areas:

• Financial management configuration and installation, including the definition and configuration of the chart of accounts, the configuration of currencies and ledgers, the implementation of cost accounting, cost management, cash, bank, journals, and more.
• Implementation of revenue recognition, accounts receivable, collections, and credit operations.
• Management and implementation of expense and accounts payable.
• Management of budgeting, including the configuration and management of budget controls as well as the configuration and processing of budget plans.
• Management and implementation of fixed assets, including the processing of fixed asset transactions.

Official Training Resources For The Microsoft MB-310 Exam

Training with appropriate study materials is the key to success in any certification test. When you start your preparation process for the MB-310 test, you should first focus on the official and verified preparation resources. Below, you can find some useful training tools that will help you pass the MB-310 evaluation with flying colors:

• Microsoft Dynamics 365 Finance

  This instructor-led training familiarizes the candidates with the core financial aspects of Dynamics 365. These include the configuration and utilization of key financial components, accounts receivable, fixed assets, accounts payable, budgeting, collections, as well as additional functionality. The learners planning to attend this course are recommended to have fundamental accounting skills and general understanding of Dynamics 365 Core. The training represents a combination of lectures and practical labs to ensure that the students cover the whole scope of the exam objectives. The course is intended for 4 days of learning experience and delivered in the English language.

• Get started with cost accounting for supply chains in Dynamics 365 Finance

  This is a self-study training tool that is a part of the Microsoft learning path. It will enable you to develop an understanding of how to collect data from various sources such as the general ledger, budgets, sub-ledgers, and statistical information with the use of cost accounting. You will also acquire skills required to analyze, sum up, and assess cost data for the best possible solutions related to price updates, cost control, budgets, and so on. The learning path takes 56 minutes to complete. It recommended that the attendees have prior knowledge of accounting and finance processes, order-to-cash scenarios, manufacturing costing, procure-to-pay scenarios, warehouse and inventory costing. The ability to perform basic processing with the use of Finance will be an added advantage.

• Configure and use the general ledger in Dynamics 365 Finance

  This is another course offered by the vendor on its website. It is divided into 9 modules that have a total duration of 13 hours. This self-study material has some prerequisites. Therefore, the candidates should develop proficiency in using Finance to perform basic processing. Besides, the attendees are required to develop an understanding of accounting and finance processes. In addition, the test-takers must have a good comprehension of how to process purchase order invoicing.

The first module of the learning path is focused on introducing the audience to Dynamics 365 Finance applications. Further, the potential test-takers will have the opportunity to learn how to use the Dynamics 365 Finance tools for currencies configuration. The following module equips the candidates with the skills needed to use Dynamics 365 tool to create fiscal periods, years, and calendars. Then, the students will familiarize themselves with the methods used for configuring the accounts charts, ledgers, and journals within Dynamics 365 Finance. The remaining chapters allow the attendees to get a solid understanding of intercompany accounting, performing daily general ledger procedures, configuring accruals and ledger allocations, as well as configuring periodic financial processes with the help of Dynamics 365 Finance tools.

Conclusion

Being successful in the Microsoft MB-310 exam is an important milestone in your career as a Dynamics 365 Finance Functional Consultant. Your success in this test depends to a great extent on your capacity to train hard and identify verified preparation resources. The materials presented above will help you cement your knowledge and get the passing score on the first try. So, you should bank on them to pass the MB-310 evaluation nice and easy!