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Skills measured
- The content of this exam will be updated on August 27, 2021. Please download the exam skills outline below to see what will be changing.
- Implement and manage accounts payable and expenses (10-15%)
- Implement accounts receivable, credit, collections, and revenue recognition (20-25%)
- Set up and configure financial management (50-55%)
- Manage budgeting and fixed assets (10-15%)
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.
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:
- Project Manager;
- Functional Consultant.
- System Engineer;
- Solutions Architect;
The average salary for these professionals can be about $119,000 per annum.
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Microsoft MB-310 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Implement and manage accounts payable and expenses | 10–15% | - Manage vendors and vendor transactions - Process invoices, payments, and prepayments - Configure expense management and travel workflows - Configure accounts payable parameters and profiles
|
| Manage budgeting | 10–15% | - Configure budgeting parameters and dimensions - Perform budget forecasting and analysis - Create and revise budget plans - Allocate and control budgets |
| Implement financial management | 40–45% | - Manage currencies and exchange rates
- Configure financial reporting and inquiries - Configure fiscal calendars and periods - Implement financial closing processes - Configure financial dimensions
|
| Manage fixed assets | 10–15% | - Manage asset leasing and valuation - Configure fixed assets parameters and groups - Perform fixed asset reporting and inquiries - Acquire, depreciate, and dispose of fixed assets |
| Manage cash, bank, tax, and cost accounting | - Configure consolidation and elimination processes - Configure bank management and reconciliation - Set up tax calculation and reporting - Implement cost accounting and cost management | |
| Implement accounts receivable, credit, collections, and subscription billing | 15–20% | - Configure accounts receivable parameters and profiles
- Set up collections processes and workflows - Manage customers and customer transactions - Implement subscription billing and revenue recognition |
