Microsoft Dynamics 365 Finance Functional Consultant : MB-310

MB-310 real exams

Exam Code: MB-310

Exam Name: Microsoft Dynamics 365 Finance Functional Consultant

Updated: Sep 11, 2026

Q & A: 349 Questions and Answers

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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

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Implementing & Managing Accounts Payables and Expenses (10-15%):

  • Configure & utilize expense management: this topic covers the skills in configuring workflow for expense management; configuring expense management, such as per diem options, personal expenses, categories, and mileage expenses; explaining the use cases for expense management policies as well as an Audit workbench; explaining and configuring credit card processing; managing expense reports.
  • Manage and implement account payables: this domain requires competence in configuring validation policies for the invoice; setting up posting profiles for vendors; processing orders, payments, and invoices; configuring Vendor Collaborations modules; configuring account payable charges; configuring vendor payments, such as payment calendars and positive pay;

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Microsoft MB-310 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Implement and Manage Accounts Payable and Receivable25-30%- Implement Accounts Payable
  • 1. Configure charges and multi-lined invoice scenarios
  • 2. Configure accounts payable parameters and payment terms
  • 3. Implement invoice and payment workflows
  • 4. Set up vendors, vendor groups, and vendor posting profiles
  • 5. Implement and process vendor payments
- Implement Accounts Receivable
  • 1. Set up customers, customer groups, and customer posting profiles
  • 2. Configure and manage collection letters and interest
  • 3. Implement free text invoices and sales orders
  • 4. Implement and process customer payments
  • 5. Configure accounts receivable parameters and payment terms
Topic 2: Implement and Manage Fixed Assets10-15%- Configure Fixed Assets
  • 1. Configure fixed asset books and value models
  • 2. Configure fixed asset parameters and groups
  • 3. Implement fixed asset tracking and reporting
  • 4. Set up fixed asset depreciation methods and conventions
  • 5. Implement fixed asset acquisition, depreciation, and disposal
Topic 3: Implement and Manage General Ledger and Cost Accounting25-30%- Implement General Ledger
  • 1. Configure and process journal entries
  • 2. Configure and manage intercompany accounting
  • 3. Configure and process financial consolidation
  • 4. Implement advanced ledger structures
  • 5. Implement periodic processes and allocations
- Implement Cost Accounting
  • 1. Configure cost accounting module
  • 2. Create cost control units and cost groups
  • 3. Implement cost allocations and cost behavior
  • 4. Configure and process budget configurations
Topic 4: Configure and Implement Core Financial Functions20-25%- Implement and manage financial structures
  • 1. Configure fiscal calendars, fiscal years, and periods
  • 2. Set up ledgers, currencies, and exchange rates
  • 3. Configure chart of accounts and account structures
  • 4. Implement financial dimensions and dimension sets
  • 5. Create and manage legal entities
- Configure cash flow management
  • 1. Implement petty cash and workflow for cash management
  • 2. Set up cash flow forecasts
  • 3. Configure bank management and bank accounts

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