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Microsoft Dynamics 365 Finance Functional Consultant : MB-310 Exam

MB-310 actual test
  • Exam Code: MB-310
  • Exam Name: Microsoft Dynamics 365 Finance Functional Consultant
  • Updated: Jul 22, 2026
  • Q & A: 349 Questions and Answers
  • PDF Demo
  • PC Test Engine
  • Online Test Engine
  • Total Price: $59.99  

About Microsoft Dynamics 365 Finance Functional Consultant : MB-310 Exam

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Step 6: Enjoy self-evaluation time

The last step of any successful preparation process involves self-evaluation. Take several practice tests so that you can diversify your study strategy in order to ensure the best results. When you analyze your answers, you will be able to find out what areas you should still give special attention to. Taking practice tests will also help you become aware of your alignment with the objectives of the actual exam.

Exam MB-310: Microsoft Dynamics 365 Finance

The content of this exam will be updated on August 27, 2021. Please download the skills measured document below to see what will be changing.

Candidates for this exam are Functional Consultants who analyze business requirements and translate those requirements into fully realized business processes and solutions that implement industry best practices. Candidates serve as a key resource in implementing and configuring applications to meet business requirements.

Candidates for this exam must have a fundamental understanding of accounting principles and financial operations of businesses including accounts payables and accounts receivables, taxes, costing principles, fixed assets, and budgeting.

Part of the requirements for: Microsoft Certified: Dynamics 365 Finance Functional Consultant Associate

Download exam skills outline

Step 4: Take online courses

The students can also opt to join an online course instead of self-study. There are a lot of online courses available on various platforms. Before you choose one, ensure that you are viewing all its objectives. The good thing with the online courses is that they provide the individuals with all the video materials that are easy to digest. They form a critical part of your entire preparation journey.

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

Step 3: Locate and gather the right preparation resources

Finding and gathering the right resources is critical in any preparation process because it allows the candidates to have a deep understanding of each domain. You can go for the following options:

  • Books: They have always been around from the beginning of the study life cycles. They are still the most useful learning resources when it comes to preparing for any certification exam. Some of the top picks include the following guides:
    • Microsoft Dynamics 365 for Finance & Operations: Learn & Understand the Functionality of the Microsoft Enterprise Solution (Andreas Luszczak);
    • Implementing Microsoft Dynamics 365 for Finance & Operations: Implement Methodology, Integration, and Data Migration (Rahul Mohta);
    • Implementing Microsoft Dynamics 365 for Finance & Operations Apps (JJ Yadav).
  • Microsoft Training Programs: Microsoft offers two ways to prepare, which include paid instructor-led training courses and free online training paths. There are exam questions at the end of every module of online training.

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Microsoft MB-310 Exam Syllabus Topics:

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

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