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The Microsoft Certified: Dynamics 365 Finance Functional Consultant Associate is one of the related certifications for anyone seeking to climb up the organizational ladder. MB-300 & MB-310 tests and their accompanying certification equip you with knowledge of configuration and usage of functionality tools. Additionally, this validation is designed for all in the finance and supply chain industry looking to learn and understand the concept of operations, accounting principles, and practices. In all, getting the affiliated certificate arms candidates with in-depth knowledge of how to carry out the subsequent technical tasks:
Reference: https://docs.microsoft.com/en-us/learn/certifications/exams/mb-310
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The professionals with the Microsoft Certified: Dynamics 365 Finance Functional Consultant Associate certification can explore different career opportunities. Some of the job titles that they can take up include a Functional Consultant, a Senior IT Manager, a Finance and Operation Manager, a Dynamics 365 Finance Consultant, a Business Analyst, and a Senior Implementation Consultant, among others. The salary outlook for these positions is an average of $65,000 per annum, while some specialists can earn as high as $176,000 per year.
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Succeeding in MB-310 will make you attain the Microsoft Certified: Dynamics 365 Finance Functional Consultant Associate certification, which focuses more on global financial operations and automates tasks along with workflows. As a result, this will lead you to many job opportunities in the field of finance. It's to be mentioned that MB-300 is one of the related exams to earn the aforementioned certificate. Such a test gauges your ability to complete technical tasks like using common functionality & implementation tools and configuring security processes. This MB-300 validation acts as a prerequisite for the Microsoft Certified: Dynamics 365 Supply Chain Management, Manufacturing Functional Consultant Associate certification. Following this path can also help you gratify your goals professionally.
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| Section | Weight | Objectives |
|---|---|---|
| Manage budgeting | 10–15% | - Create and revise budget plans - Perform budget forecasting and analysis - Configure budgeting parameters and dimensions - Allocate and control budgets |
| Manage cash, bank, tax, and cost accounting | - Configure bank management and reconciliation - Configure consolidation and elimination processes - 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
- Configure credit management and limits - Set up collections processes and workflows - Manage customers and customer transactions |
| Implement financial management | 40–45% | - Configure fiscal calendars and periods - Design and configure chart of accounts
- Configure financial dimensions
- Manage general ledger journals and transactions |
| Manage fixed assets | 10–15% | - Configure fixed assets parameters and groups - Manage asset leasing and valuation - Acquire, depreciate, and dispose of fixed assets - Perform fixed asset reporting and inquiries |
| Implement and manage accounts payable and expenses | 10–15% | - Configure accounts payable parameters and profiles
- Process invoices, payments, and prepayments - Configure expense management and travel workflows |
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