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

  • Exam Code: MB-310
  • Exam Name: Microsoft Dynamics 365 Finance Functional Consultant
  • Updated: Oct 08, 2026
  • Q&As: 364 Questions and Answers

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Managing Fixed Assets & Budgeting (10-15%):

  • Manage and implement fixed assets: the individuals should have the skills in creating fixed assets groups and fixed assets; configuring fixed asset parameters; explaining and configuring fixed asset depreciation and books; enabling integration with purchasing and projects; acquiring, depreciating, and disposing of fixed assets; estimating and performing eliminations of projects to fixed assets; creating fixed asset budgets and transferring budgets to budgeting modules.
  • Manage and configure budgeting processes: this topic covers one’s skills in configuring the budgeting components; creating the budget plan; defining the budget planning process and planning a budget; configuring budget controls; creating and configuring registry entries; implementing budget workflows; performing budget checks on journals and documents;

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

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Quick study guide if you don't have time to read complete the page

Microsoft exams assist you to distinguish yourself and verify your education and abilities. Describe your expertise in Microsoft 365 technologies moreover improve your work by earning one of the new Microsoft 365 role-based certifications for business administrators or an Office 365 certification. Verify your abilities in sectors such as relocation and management of cloud-hosted business apps with Microsoft 365 and move your business to the cloud. In this guide, we will cover the Microsoft MB-310 Exam, Microsoft Dynamics 365 Finance Certification Salary and all aspects of the Microsoft MB-310 Exam Certification.

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

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