Microsoft Dynamics 365 Finance Functional Consultant: MB-310 Exam

"Microsoft Dynamics 365 Finance Functional Consultant", also known as MB-310 exam, is a Microsoft Certification. With the complete collection of questions and answers, PrepPDF has assembled to take you through 349 Q&As to your MB-310 Exam preparation. In the MB-310 exam resources, you will cover every field and category in Microsoft Dynamics 365 Certification helping to ready you for your successful Microsoft Certification.

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  • Exam Code: MB-310
  • Exam Name: Microsoft Dynamics 365 Finance Functional Consultant
  • Certification Provider: Microsoft
  • Corresponding Certification: Microsoft Dynamics 365
  • Updated: Aug 07, 2026
  • No. of Questions: 349 Questions & Answers with Testing Engine
  • Download Limit: Unlimited

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Career Opportunities and Salaries

Through Microsoft, candidates are given the opportunity to improve their knowledge and expertise as functional consultants in the field of finance. This means that you can accelerate your career and fulfill your professional dreams after passing the Microsoft MB-300 & MB-310 exams. Since most of the enterprises are currently shifting their business processes on ERP software, a huge demand has been building up for certified specialists. Following job roles are available after you have gained the Microsoft Certified: Dynamics 365 Finance Functional Consultant Associate qualification:

  • Dynamics 365 F&O/AX Finance Consultant;
  • Dynamics 365 Finance and Operations Consultant.
  • Microsoft Dynamics 365 ERP Functional Lead;

The annual pay for a Microsoft Dynamics AX Consultant is slightly more than $75k as covered by Payscale. Also, the average annual pay for a Microsoft Dynamics Consultant is around $99k, according to Ziprecruiter.com.

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

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Skills measured

  • Set up and configure financial management (50-55%)
  • 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.
  • Manage budgeting and fixed assets (10-15%)
  • Implement accounts receivable, credit, collections, and revenue recognition (20-25%)
  • Implement and manage accounts payable and expenses (10-15%)

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Microsoft MB-310 Exam Syllabus Topics:

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

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