{"id":9703,"date":"2020-07-02T04:05:34","date_gmt":"2020-07-02T04:05:34","guid":{"rendered":"https:\/\/www.testpreptraining.com\/tutorial\/?page_id=9703"},"modified":"2024-08-30T04:58:14","modified_gmt":"2024-08-30T04:58:14","slug":"mb-310-microsoft-dynamics-365-for-finance","status":"publish","type":"page","link":"https:\/\/www.testpreptraining.ai\/tutorial\/mb-310-microsoft-dynamics-365-for-finance\/","title":{"rendered":"MB-310 Microsoft Dynamics 365 for Finance"},"content":{"rendered":"<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"750\" height=\"400\" src=\"https:\/\/www.testpreptraining.ai\/tutorial\/wp-content\/uploads\/2020\/06\/Microsoft-Dynamics-365-Finance.png\" alt=\"\" class=\"wp-image-9704\"\/><\/figure>\n<\/div>\n\n\n<p>The <a href=\"https:\/\/docs.microsoft.com\/en-us\/learn\/certifications\/exams\/mb-310\" target=\"_blank\" rel=\"noreferrer noopener\">Microsoft MB-310 exam<\/a> also known as the Microsoft Dynamics 365 for Finance and Operations is a core exam for Financials.&nbsp; After the qualifying the<a href=\"https:\/\/www.testpreptraining.ai\/microsoft-dynamics-365-for-finance-and-operations-financials-mb-310-certification-exam\" target=\"_blank\" rel=\"noreferrer noopener\"> MB-310 examinatio<\/a>n, the candidate will be able to do the following technical tasks-<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Setting up and configuring financial management&nbsp;<\/li>\n\n\n\n<li>Managing and applying common processes<\/li>\n\n\n\n<li>The candidate will be able to implement and manage accounts payable and receivable<\/li>\n\n\n\n<li>Managing, budgeting and fixing assets.<\/li>\n<\/ul>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><img decoding=\"async\" src=\"https:\/\/www.testpreptraining.ai\/tutorial\/wp-content\/uploads\/2020\/06\/www.testpreptraining.ai_-2.png\" alt=\"MB-310 learning Objectives\" class=\"wp-image-9708\" style=\"width:710px;height:399px\"\/><\/figure>\n<\/div>\n\n\n<h5 class=\"wp-block-heading\"><strong>Intended Audience<\/strong><\/h5>\n\n\n\n<p>The Course is designed for the following list of candidates-<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Functional Consultants who examine business requirements and decipher those elements into fully-realized business processes. Also, they come up with solutions that achieve industry best practices. Further, they must be able to implement and configure applications to satisfy business requirements.<\/li>\n\n\n\n<li>Candidates having a fundamental knowledge of accounting principles and financial operations of businesses, customer service, field service, manufacturing, retail, and supply chain management concepts.<\/li>\n\n\n\n<li>Candidates who specialize in more than one feature sets of Microsoft Dynamics 365 Finance, including finance, manufacturing, and supply chain management.<\/li>\n<\/ul>\n\n\n\n<h5 class=\"wp-block-heading\"><strong>Prerequisites<\/strong><\/h5>\n\n\n\n<p>One must have a clear idea of prior knowledge and experience he\/she must possess. For Microsoft Exam MB-310<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>A candidate must have knowledge of basic accounting principles and practices.<\/li>\n<\/ul>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"750\" height=\"311\" src=\"https:\/\/www.testpreptraining.ai\/tutorial\/wp-content\/uploads\/2020\/07\/mb-310-750x311.png\" alt=\"MB-310 certification details\" class=\"wp-image-9833\" srcset=\"https:\/\/www.testpreptraining.ai\/tutorial\/wp-content\/uploads\/2020\/07\/mb-310-750x311.png 750w, https:\/\/www.testpreptraining.ai\/tutorial\/wp-content\/uploads\/2020\/07\/mb-310.png 1055w\" sizes=\"auto, (max-width: 750px) 100vw, 750px\" \/><\/figure>\n<\/div>\n\n\n<h5 class=\"wp-block-heading\"><strong>Basic Exam Details<\/strong><\/h5>\n\n\n\n<p>The exam comprises 40-60 questions that must be completed within 120 minutes. Speaking of the exam pattern, here is a list of few types of Microsoft MB-310 Exam Questions you may encounter-<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Scenario-based single answer question<\/li>\n\n\n\n<li>Multiple-choice questions<\/li>\n\n\n\n<li>Arrange in the correct sequence type questions<\/li>\n\n\n\n<li>Drag &amp; drop questions<\/li>\n\n\n\n<li>One case study with 5 questions<\/li>\n<\/ul>\n\n\n\n<p>However, the exam is only available in the English language. As far as the registration fee is concerned it\u2019s USD 165 without taxes. And, in case of passing score, one requires 700 or more.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"1920\" height=\"1080\" src=\"https:\/\/www.testpreptraining.ai\/tutorial\/wp-content\/uploads\/2020\/06\/Course-Outline-1-1.png\" alt=\"MB-310 exam details\" class=\"wp-image-9709\" style=\"width:670px;height:377px\" srcset=\"https:\/\/www.testpreptraining.ai\/tutorial\/wp-content\/uploads\/2020\/06\/Course-Outline-1-1.png 1920w, https:\/\/www.testpreptraining.ai\/tutorial\/wp-content\/uploads\/2020\/06\/Course-Outline-1-1-711x400.png 711w\" sizes=\"auto, (max-width: 1920px) 100vw, 1920px\" \/><\/figure>\n<\/div>\n\n\n<h3 class=\"wp-block-heading\"><strong>How to Schedule the exam?<\/strong><\/h3>\n\n\n\n<p>The Microsoft Dynamics 365 Finance (<a href=\"https:\/\/www.testpreptraining.ai\/microsoft-dynamics-365-for-finance-and-operations-financials-mb-310-certification-exam\" target=\"_blank\" rel=\"noreferrer noopener\">MB-310) exam<\/a> has been built to measure your ability to understand the basic of cloud concepts, understanding core Azure services; security, privacy, compliance, and trust; as well as Azure pricing and support.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>For Non-Students interested in Technology<\/strong> <img loading=\"lazy\" decoding=\"async\" width=\"245\" height=\"48\" src=\"https:\/\/lh5.googleusercontent.com\/gQ5EvvWVV6o9kIA1oNntq4Osz1LKoMc09VlNDTA61AB3BRCVO4IQtjKdozXa8gBpxTm0l6FTVCp-fl_mZcDocTkNF7pHUJ9y2tE5h6ClAJwbhLKsJYhe-c7Vk9tVAkFlhvlhMUvv\"><\/li>\n\n\n\n<li><strong>For Students or Instructors <\/strong><\/li>\n<\/ul>\n\n\n\n<p>Now, that we have acquired all the information related to Microsoft Dynamics 365 Finance (MB-310). It\u2019s time for you to understand the Course Outline. The Course Outline forms the most crucial aspect of the examination. So, let\u2019s begin.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Check:<a href=\"https:\/\/www.testpreptraining.ai\/tutorial\/mb-310-microsoft-dynamics-365-for-finance-and-operations-interview-questions\/\" target=\"_blank\" rel=\"noreferrer noopener\"> MB-310 Microsoft Dynamics 365 for Finance and Operations Interview Questions<\/a><\/strong><\/h3>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><a href=\"https:\/\/www.testpreptraining.ai\/tutorial\/mb-310-microsoft-dynamics-365-for-finance-and-operations-interview-questions\/\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"750\" height=\"400\" src=\"https:\/\/www.testpreptraining.ai\/tutorial\/wp-content\/uploads\/2021\/06\/MB-310-Microsoft-Dynamics-365-for-Finance-and-Operations-Interview-Questions.png\" alt=\"MB-310 Microsoft Dynamics 365 for Finance and Operations Interview Questions\" class=\"wp-image-45049\"\/><\/a><\/figure>\n<\/div>\n\n\n<h3 class=\"wp-block-heading\"><strong>Course Outline: MB-310 Exam<\/strong><\/h3>\n\n\n\n<p>The <a href=\"https:\/\/query.prod.cms.rt.microsoft.com\/cms\/api\/am\/binary\/RE3VEHU\" target=\"_blank\" rel=\"noreferrer noopener\">Course Outline<\/a> is a deciding factor, whether you\u2019ll qualify the exam or not. So, make sure not to take it lightly. Now, focus, what we have to say next. This is the ultimate GAME-CHANGER. Yes, you heard us right. The stakes are high here. You have to make sure that every tiny section or module present here is on your fingertips.&nbsp;<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>Set up and configure financial management (40\u201345%)<\/strong><\/h4>\n\n\n\n<p><strong>Define and configure the chart of accounts<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Describe use cases for financial dimensions<\/li>\n\n\n\n<li>define and configure the chart of accounts and main accounts<strong> (Microsoft Documentation:<\/strong> <a href=\"https:\/\/docs.microsoft.com\/en-us\/learn\/modules\/configure-chart-accounts-dyn365-finance\/\" target=\"_blank\" rel=\"noreferrer noopener\">Configure chart of accounts in Dynamics 365 Finance <\/a>)<\/li>\n\n\n\n<li>describe use cases for main accounts categories, ledger account aliases, and balance control accounts <\/li>\n\n\n\n<li>configure legal entity overrides for financial dimensions and main accounts <strong>(Microsoft Documentation:<\/strong> <a href=\"https:\/\/docs.microsoft.com\/en-us\/dynamics365\/finance\/general-ledger\/financial-dimensions#legal-entity-overrides\" target=\"_blank\" rel=\"noreferrer noopener\">Legal entity overrides<\/a> )<\/li>\n\n\n\n<li>Configure and manage account structures and advanced rules<\/li>\n\n\n\n<li>Configure financial tags<\/li>\n\n\n\n<li>Configure derived dimensions and financial dimension default templates<\/li>\n<\/ul>\n\n\n\n<p><strong>Configure ledgers and currencies<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Configure batch transfer rules<\/li>\n\n\n\n<li>Configure currency exchange types and rates<\/li>\n\n\n\n<li>Configure a currency revaluation posting profile<\/li>\n\n\n\n<li>Configure and import exchange rates by using the exchange rate provider<\/li>\n\n\n\n<li>Configure accounting and reporting currencies<\/li>\n<\/ul>\n\n\n\n<p><strong>Implement and manage journals<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Configure journal names and vouchers <strong>(Microsoft Documentation:<\/strong> <a href=\"https:\/\/docs.microsoft.com\/en-us\/learn\/modules\/configure-ledgers-journals-dyn365-finance\/\" target=\"_blank\" rel=\"noreferrer noopener\">Configure ledgers and journals in Dynamics 365 Finance<\/a>)<\/li>\n\n\n\n<li>Configure journal controls and posting restriction rules <strong>(Microsoft Documentation:<\/strong> <strong>:<\/strong><a href=\"https:\/\/docs.microsoft.com\/en-us\/dynamicsax-2012\/appuser-itpro\/set-up-posting-restrictions\" target=\"_blank\" rel=\"noreferrer noopener\">Set up posting restrictions<\/a> )<\/li>\n\n\n\n<li>Implement journal workflow approvals<\/li>\n\n\n\n<li>Configure and use periodic journals<\/li>\n\n\n\n<li>Configure and apply accrual schemes <strong>(Microsoft Documentation:<\/strong> <a href=\"https:\/\/docs.microsoft.com\/en-us\/dynamics365\/finance\/general-ledger\/tasks\/create-accrual-schemes\" target=\"_blank\" rel=\"noreferrer noopener\">Create accrual schemes<\/a> )<\/li>\n\n\n\n<li>Configure intercompany accounting <strong>(Microsoft Documentation:<\/strong> <a href=\"https:\/\/docs.microsoft.com\/en-us\/dynamics365\/finance\/general-ledger\/intercompany-accounting-setup\" target=\"_blank\" rel=\"noreferrer noopener\">Intercompany accounting setup<\/a>)<\/li>\n\n\n\n<li>Create templates to edit journals in Microsoft Excel<\/li>\n\n\n\n<li>Reverse financial transaction entries<\/li>\n\n\n\n<li>Configure default descriptions<\/li>\n\n\n\n<li>Create and use journal entries, including validation and posting<\/li>\n\n\n\n<li>Configure batch processing of journals<\/li>\n<\/ul>\n\n\n\n<p><strong>Implement and manage cash and bank<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>create and manage bank groups and bank accounts <strong>(Microsoft Documentation:<\/strong> <a href=\"https:\/\/docs.microsoft.com\/en-us\/dynamics365\/finance\/cash-bank-management\/cash-bank-management\" target=\"_blank\" rel=\"noreferrer noopener\">Cash and bank management<\/a> )<\/li>\n\n\n\n<li>Configure payment formats<\/li>\n\n\n\n<li>Configure bank reconciliations, including advanced bank reconciliations <strong>(Microsoft Documentation:<\/strong> <a href=\"https:\/\/docs.microsoft.com\/en-us\/dynamics365\/finance\/cash-bank-management\/set-up-advanced-bank-reconciliation-import-process\" target=\"_blank\" rel=\"noreferrer noopener\">Set up the advanced bank reconciliation import process<\/a>)<\/li>\n\n\n\n<li>Configure the cash flow forecast setup, including automation setup<\/li>\n\n\n\n<li>Perform bank foreign currency revaluation<\/li>\n\n\n\n<li>Process manual and advanced bank reconciliations<\/li>\n\n\n\n<li>Configure shared payment setup for customers and vendors<\/li>\n<\/ul>\n\n\n\n<p><strong>Perform periodic processes<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Design and configure periodic closing processes and end-of-year processes, including main accounts and templates<\/li>\n\n\n\n<li>Perform financial consolidation and elimination processes by using Consolidation online <strong>(Microsoft Documentation:<\/strong> <a href=\"https:\/\/docs.microsoft.com\/en-us\/dynamics365\/finance\/budgeting\/consolidation-elimination-overview#:~:text=Dynamics%20365%20for%20Finance%20and,you%20manage%20specific%20business%20functions.&amp;text=When%20you%20consolidate%20data%2C%20the,for%20a%20single%2C%20consolidated%20company.\" target=\"_blank\" rel=\"noreferrer noopener\">Consolidation and elimination<\/a>)<\/li>\n\n\n\n<li>Create and manage financial reports, including modifying row, column, and report definitions, and reporting trees<\/li>\n\n\n\n<li>Design and configure financial period workspaces and closing schedules<\/li>\n\n\n\n<li>Design and configure legal entity for consolidation and elimination by using Consolidation online<\/li>\n\n\n\n<li>Design consolidation and elimination by using financial reports<\/li>\n\n\n\n<li>Configure and process ledger settlements<\/li>\n\n\n\n<li>Perform general ledger foreign currency revaluation<\/li>\n\n\n\n<li>Manage the ledger calendar<\/li>\n<\/ul>\n\n\n\n<p><strong>Configure, collect, and report taxes<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Configure tax groups, tax codes, settlement periods, and authorities<\/li>\n\n\n\n<li>configure tax ledger posting groups <\/li>\n\n\n\n<li>Settle and post sales tax<\/li>\n\n\n\n<li>Configure withholding tax groups, tax codes, and authorities<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>Implement accounts receivable, credit, collections, and subscription billing (15\u201320%)<\/strong><\/h4>\n\n\n\n<p><strong>Implement and manage accounts receivable<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Configure customers and customer groups, including configuring shared customers<\/li>\n\n\n\n<li>Configure and process free text invoices, including recurring free text invoices <strong>(Microsoft Documentation:<\/strong> <a href=\"https:\/\/docs.microsoft.com\/en-us\/dynamicsax-2012\/appuser-itpro\/key-tasks-free-text-invoices\" target=\"_blank\" rel=\"noreferrer noopener\">Key tasks: Free text invoices<\/a>)<\/li>\n\n\n\n<li>Process sales order invoices and credit memos<\/li>\n\n\n\n<li>Configure customer payment methods <strong>(Microsoft Documentation:<\/strong> <a href=\"https:\/\/docs.microsoft.com\/en-us\/dynamics365\/finance\/accounts-receivable\/tasks\/establish-customer-method-payment\" target=\"_blank\" rel=\"noreferrer noopener\">Establish customer method of payment<\/a>)<\/li>\n\n\n\n<li>Configure accounts receivable charges and apply changes to an invoice <strong>(Microsoft Documentation:<\/strong> <a href=\"https:\/\/docs.microsoft.com\/en-us\/learn\/modules\/configure-accounts-receivable-dyn365-finance\/\" target=\"_blank\" rel=\"noreferrer noopener\">Configure accounts receivable in Dynamics 365 Finance<\/a> )<\/li>\n\n\n\n<li>Manage customer holds<\/li>\n\n\n\n<li>Configure customer posting profiles<\/li>\n\n\n\n<li>Process customer payments<\/li>\n\n\n\n<li>Configure customer change approvals<\/li>\n\n\n\n<li>Perform accounts receivable foreign currency revaluation<\/li>\n\n\n\n<li>Configure and use billing classification<\/li>\n\n\n\n<li>Configure batch processing of free text and sales order invoicing<\/li>\n\n\n\n<li>Configure bank accounts for customers<\/li>\n<\/ul>\n\n\n\n<p><strong>Manage credit and collections<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Configure credit management processes<\/li>\n\n\n\n<li>Configure collections management processes, including collection activities<\/li>\n\n\n\n<li>manage delinquent customers <strong>(Microsoft Documentation:<\/strong> <strong>Documentation:<\/strong><a href=\"https:\/\/docs.microsoft.com\/en-us\/learn\/modules\/process-credit-collections-dyn365-finance\/\" target=\"_blank\" rel=\"noreferrer noopener\"> Process credit and collections in Dynamics 365 Finance<\/a> )<\/li>\n\n\n\n<li>prepare and send customer account statements <strong>(Microsoft Documentation:<\/strong> <a href=\"https:\/\/docs.microsoft.com\/en-us\/dynamicsax-2012\/appuser-itpro\/print-periodic-customer-account-statements#:~:text=You%20can%20send%20customer%20account,email%20address%20for%20the%20destination.\" target=\"_blank\" rel=\"noreferrer noopener\">Send customer account statements by using email<\/a> )<\/li>\n\n\n\n<li>Configure and process collection letters<\/li>\n\n\n\n<li>Configure aging definitions and process aged balances<\/li>\n\n\n\n<li>Process and manage credit holds<\/li>\n\n\n\n<li>Configure and use customer write-offs<\/li>\n\n\n\n<li>Configure and process interest notes<\/li>\n<\/ul>\n\n\n\n<p><strong>Configure and manage subscription billing<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Generate sales documents by using billing schedules<\/li>\n\n\n\n<li>Manage billing schedules, including price update and hold termination<\/li>\n\n\n\n<li>Configure contract billing, including billing schedule group, item group, and milestone setup<\/li>\n\n\n\n<li>Configure and use revenue deferrals and recognition, including for charges, deferral defaults, and items deferred by default<\/li>\n\n\n\n<li>Configure and use expense deferrals and recognition<\/li>\n\n\n\n<li>Process and manage revenue and expense recognition schedules<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>Implement and manage accounts payable and expenses (10\u201315%)<\/strong><\/h4>\n\n\n\n<p><strong>Implement and manage accounts payable<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Configure invoice validation policies and invoice matching setup <strong>(Microsoft Documentation:<\/strong> <a href=\"https:\/\/docs.microsoft.com\/en-us\/dynamics365\/finance\/accounts-receivable\/tasks\/set-up-vendor-invoice-policies\" target=\"_blank\" rel=\"noreferrer noopener\">Set up vendor invoice policies<\/a>)<\/li>\n\n\n\n<li>Configure vendor groups, vendors, and vendor posting profiles, including configuring shared vendors<\/li>\n\n\n\n<li>Process purchase order invoices and credit memos, including prepayments<\/li>\n\n\n\n<li>Configure vendor payment methods <strong>(Microsoft Documentation:<\/strong>  <a href=\"https:\/\/docs.microsoft.com\/en-us\/dynamics365\/finance\/cash-bank-management\/tasks\/vendor-payment-overview\" target=\"_blank\" rel=\"noreferrer noopener\">Vendor payment overview<\/a>)<\/li>\n\n\n\n<li>configure accounts payable charges and apply changes to an invoice <strong>(Microsoft Documentation:<\/strong>  <a href=\"https:\/\/docs.microsoft.com\/en-us\/learn\/modules\/configure-accounts-payable-dyn365-finance\/\" target=\"_blank\" rel=\"noreferrer noopener\">Configure Accounts payable in Dynamics 365 Finance<\/a>)<\/li>\n\n\n\n<li>Configure bank accounts and bank account approvals for vendors<\/li>\n\n\n\n<li>Configure vendor change approvals<\/li>\n\n\n\n<li>Perform accounts payable foreign currency revaluation<\/li>\n\n\n\n<li>Configure vendor invoice automation<\/li>\n\n\n\n<li>Process the vendor invoice journal including voyage cost<\/li>\n\n\n\n<li>Configure and use recurring vendor invoices<\/li>\n\n\n\n<li>Process and generate vendor payments, centralized payments, and prepayments<\/li>\n\n\n\n<li>Manage vendor holds and inactivation<\/li>\n<\/ul>\n\n\n\n<p><strong>Configure and use expense management<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Configure expense management including categories, per diem options, mileage expenses, intercompany expenses, and personal expenses <strong>(Microsoft Documentation:<\/strong> <a href=\"https:\/\/docs.microsoft.com\/en-us\/dynamics365\/project-operations\/prod-exp\/expense-management\" target=\"_blank\" rel=\"noreferrer noopener\">Expense management overview<\/a>)<\/li>\n\n\n\n<li>Create and manage expense reports <strong>(Microsoft Documentation:<\/strong> <a href=\"https:\/\/docs.microsoft.com\/en-us\/dynamics365\/project-operations\/prod-exp\/expense-management#expense-report-entry\" target=\"_blank\" rel=\"noreferrer noopener\">Expense report entry<\/a> )<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>Manage budgeting (10-15%)<\/strong><\/h4>\n\n\n\n<p><strong>Implement basic budgeting<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>configure budgeting components including budget models, codes, allocation terms, and transfer rules<\/li>\n\n\n\n<li>Create and manage budget register entries <strong>(Microsoft Documentation:<\/strong>  <a href=\"https:\/\/docs.microsoft.com\/en-us\/cpp\/atl\/registry-scripting-examples?view=vs-2019\" target=\"_blank\" rel=\"noreferrer noopener\">Registry Scripting<\/a>)<\/li>\n\n\n\n<li>Compare budgeted values with actual values<\/li>\n<\/ul>\n\n\n\n<p><strong>Configure and manage budget controls<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Configure budget controls including budget parameters, budget fund availability options, budget control rules and groups, and over-budget permissions<\/li>\n\n\n\n<li>Perform budget checks on documents and journals<\/li>\n\n\n\n<li>Configure budget cycle time spans<\/li>\n\n\n\n<li>Activate or deactivate budget control configurations<a href=\"https:\/\/learn.microsoft.com\/en-us\/credentials\/certifications\/resources\/study-guides\/mb-310#configure-and-process-budget-plans\"><\/a><\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"manage-fixed-assets-1015\"><strong>Manage fixed assets (10\u201315%)<\/strong><a href=\"https:\/\/learn.microsoft.com\/en-us\/credentials\/certifications\/resources\/study-guides\/mb-310#implement-and-manage-fixed-assets\"><\/a><\/h4>\n\n\n\n<p><strong>Implement and manage fixed assets<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Create and manage fixed asset groups and other fixed asset attributes<\/li>\n\n\n\n<li>Configure fixed asset posting profiles<\/li>\n\n\n\n<li>Configure fixed asset parameters<\/li>\n\n\n\n<li>Configure fixed asset books<\/li>\n\n\n\n<li>Configure depreciation profiles<\/li>\n\n\n\n<li>Create and manage fixed asset<\/li>\n\n\n\n<li>Configure mapping for fixed asset groups and books<a href=\"https:\/\/learn.microsoft.com\/en-us\/credentials\/certifications\/resources\/study-guides\/mb-310#process-fixed-asset-transactions\"><\/a><\/li>\n<\/ul>\n\n\n\n<p><strong>Process fixed asset transactions<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Process fixed asset disposal (sales) by using free text invoices<\/li>\n\n\n\n<li>Process fixed asset acquisitions by using purchase orders, journals, inventory journals, and projects<\/li>\n\n\n\n<li>Create fixed asset budgets and transfer the budgets to the budgeting module<\/li>\n\n\n\n<li>Process fixed asset depreciation<\/li>\n\n\n\n<li>Process fixed asset disposals and other transactions by using the fixed asset journal<\/li>\n\n\n\n<li>Process fixed asset split, reclassification, and transfer<\/li>\n\n\n\n<li>Process acquisition and depreciation for derived books<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Exam Policies<\/strong><\/h3>\n\n\n\n<p>While preparing for Microsoft Dynamics 365 Finance (MB-310) exam you will be solely responsible for understanding and complying with <a href=\"https:\/\/docs.microsoft.com\/learn\/certifications\/certification-exam-policies\" target=\"_blank\" rel=\"noreferrer noopener\">Microsoft Certification exam policies<\/a>, together with the specified exam delivery provider\u2019s policies and procedures.<\/p>\n\n\n\n<p>Also, you can go through the Exam Retake Policy together with other Microsoft exam available and <a href=\"https:\/\/docs.microsoft.com\/learn\/certifications\/certification-exam-policies\" target=\"_blank\" rel=\"noreferrer noopener\">exam testing procedures<\/a>. The exam policy page provides details of the exam provider\u2019s policies and procedures together with the exam provider\u2019s details. Note, you will have 30 days after taking an exam to challenge your exam score for that exam.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"711\" height=\"400\" src=\"https:\/\/www.testpreptraining.ai\/tutorial\/wp-content\/uploads\/2020\/06\/Microsoft-Dynamics-365-Finance-1-711x400.png\" alt=\"MB-310 FAQ\" class=\"wp-image-9710\" srcset=\"https:\/\/www.testpreptraining.ai\/tutorial\/wp-content\/uploads\/2020\/06\/Microsoft-Dynamics-365-Finance-1-711x400.png 711w, https:\/\/www.testpreptraining.ai\/tutorial\/wp-content\/uploads\/2020\/06\/Microsoft-Dynamics-365-Finance-1.png 1280w\" sizes=\"auto, (max-width: 711px) 100vw, 711px\" \/><\/figure>\n<\/div>\n\n\n<h5 class=\"wp-block-heading\"><strong>For more queries, visit the <a href=\"https:\/\/www.testpreptraining.ai\/tutorial\/exam-mb-310-microsoft-dynamics-365-finance-faq\/\" target=\"_blank\" rel=\"noreferrer noopener\">Microsoft MB-310 Page<\/a><\/strong><\/h5>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>A step by step Preparation Guide<\/strong> <strong>to qualify MB-310 exam<\/strong><\/h3>\n\n\n\n<p>It would take more than a single article to go over every aspect of studying for a certification exam. This subject could fill a small book and not a very exciting one at that. There are some key truisms and must-do\u2019s, however, which every candidate should be aware of when it comes to Microsoft Certification MB 310 exam preparation.<\/p>\n\n\n\n<p>Now that we have cleared the air, let\u2019s talk straight into it with our MB-310 Study Guide<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"2000\" src=\"https:\/\/www.testpreptraining.ai\/tutorial\/wp-content\/uploads\/2020\/07\/New-York-City.png\" alt=\"MB-310 PREPARATION GUIDE\" class=\"wp-image-9827\" style=\"width:692px;height:1730px\" srcset=\"https:\/\/www.testpreptraining.ai\/tutorial\/wp-content\/uploads\/2020\/07\/New-York-City.png 800w, https:\/\/www.testpreptraining.ai\/tutorial\/wp-content\/uploads\/2020\/07\/New-York-City-160x400.png 160w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/figure>\n<\/div>\n\n\n<h4 class=\"wp-block-heading\"><strong>STEP 1: Review all the MB-310 Exam Info<\/strong><\/h4>\n\n\n\n<p>Take it from the experts over here, while preparing for certification exams, make sure that you don\u2019t jam your head with too many questions. Too many questions will definitely lead to anxiety and believe us when we say, anxiety is one thing you don\u2019t want. To begin with, clear your head first. Next step is to deeply understand and analyse all the exam information provided above. Make sure that all the info is up to date. Review and keep note if there may have been some changes in the exam objectives or not. This step will make sure that you\u2019re overdoing or forgetting something, that may somehow lead to anxiety on the exam day.&nbsp;<\/p>\n\n\n\n<p>So, make sure that you\u2019re on the same page as the certification vendor, so that there is no gap of confusion between the two.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>STEP 2: Thoroughly go through the Course Outline<\/strong><\/h4>\n\n\n\n<p>Now that you\u2019ve reviewed the exam details regarding the exam. It\u2019s time to make sure that you are up to date with the Course Outline. As mentioned earlier, the <a href=\"https:\/\/www.testpreptraining.ai\/microsoft-dynamics-365-for-finance-and-operations-financials-mb-310-practice-exam\" target=\"_blank\" rel=\"noreferrer noopener\">Course Outline<\/a> is the most crucial part of the examination. Since this forms the syllabus of the examination. And, obviously, all the questions originate from this particular domain list. Therefore, it\u2019s your responsibility to go to the Official site of Microsoft and check it on your own. Make sure to be an empiricist, and view and experience knowledge on your own. In case, you\u2019re unable to locate the list of domains. <\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>STEP 3: Finding all the RIGHT Learning Resources<\/strong><\/h4>\n\n\n\n<p>We cannot stress enough that only finding the <a href=\"https:\/\/www.testpreptraining.ai\/microsoft-dynamics-365-for-finance-and-operations-financials-mb-310-certification-exam\" target=\"_blank\" rel=\"noreferrer noopener\">right learning resources<\/a> will allow you to understand each and every domain properly. And, you\u2019re well aware of the fact that the internet is clustered with so many different resources, training programs and exam dumps. We highly recommend not to follow exam dumps. So, hold your horses there and then. Since you have landed here, we just wanna make sure here that you\u2019re in the safe hands. We are going to shed some light on where to get all the right learning resources to follow. Not only will this provide you with a stranger base that will help you qualify, but also this will provide you with that confidence among your peers. So, without a further adieu let\u2019s get started.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>STEP 3.1: MICROSOFT Training Programs<\/strong><\/h4>\n\n\n\n<p>If this is your first time with a certification exam, let\u2019s get you familiar with Microsoft Training Programs. When it comes to training programs, Microsoft has two ways to prepare. The first is the free online training and the second is the paid Instructor-led Training. It\u2019s totally a subjective approach to choose either one or both of these learning resources. To provide you with a clear view, let\u2019s just view them separately.<\/p>\n\n\n\n<h5 class=\"wp-block-heading\"><strong>STEP 3.2:<\/strong> <strong>FREE-Online Learning Paths<\/strong><\/h5>\n\n\n\n<p>These are the free preparatory learning paths that Microsoft has to offer to candidates like you. These are a great way to prepare yourself for the MB-310 certification exam. Here you\u2019ll find<a href=\"https:\/\/docs.microsoft.com\/en-us\/learn\/certifications\/exams\/mb-310\" target=\"_blank\" rel=\"noreferrer noopener\"> 7 modules<\/a>. Each of these discusses important sections of the exam. Not to mention, they also have questions at the end of each module. If you\u2019re an avid learner, then you must also check out the Instructor-led Training.<\/p>\n\n\n\n<h5 class=\"wp-block-heading\"><strong>STEP 3.3: Instructor-led Training<\/strong><\/h5>\n\n\n\n<p>We\u2019re just going to say it out loud, that when it comes to <a href=\"https:\/\/docs.microsoft.com\/en-us\/learn\/certifications\/exams\/mb-310?tab=tab-instructor-led\" target=\"_blank\" rel=\"noreferrer noopener\">Instructor-led Training,<\/a> Microsoft has definitely hit the ground running. This is not just a rumour, but a fact that Microsoft Instructor-led Training is a gold standard in the industry. In case, you\u2019re amped up by the high standards, wait till you hear the benefits you\u2019ll enjoy. Further, instructor-led training has a facility to have on-demand classroom training. So, if you\u2019re juggling so many chores and fear you might skip one, then this will allow you to arrange classes according to your convenience. Both of these MB-310 Training and learning paths can be easily located on the Microsoft Portal. So, make sure to check them out.<\/p>\n\n\n\n<h5 class=\"wp-block-heading\"><strong>STEP 3.4:<\/strong> <strong>BOOKS: Studying the traditional way!<\/strong><\/h5>\n\n\n\n<p>Fro the very beginning of your study life cycle, BOOKS have always been around. So, did you think books won\u2019t help here? Of course, they do, they are the most beneficial learning resource here too. Here are our selected picks, that have helped many before you, so do check them out.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"alignright size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"326\" height=\"400\" src=\"https:\/\/www.testpreptraining.ai\/tutorial\/wp-content\/uploads\/2020\/07\/book-1-326x400.png\" alt=\"\" class=\"wp-image-9829\" style=\"width:227px;height:278px\" srcset=\"https:\/\/www.testpreptraining.ai\/tutorial\/wp-content\/uploads\/2020\/07\/book-1-326x400.png 326w, https:\/\/www.testpreptraining.ai\/tutorial\/wp-content\/uploads\/2020\/07\/book-1.png 394w\" sizes=\"auto, (max-width: 326px) 100vw, 326px\" \/><\/figure>\n<\/div>\n\n<div class=\"wp-block-image\">\n<figure class=\"alignright size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"284\" height=\"400\" src=\"https:\/\/www.testpreptraining.ai\/tutorial\/wp-content\/uploads\/2020\/07\/book-2-284x400.png\" alt=\"\" class=\"wp-image-9830\" style=\"width:195px;height:275px\" srcset=\"https:\/\/www.testpreptraining.ai\/tutorial\/wp-content\/uploads\/2020\/07\/book-2-284x400.png 284w, https:\/\/www.testpreptraining.ai\/tutorial\/wp-content\/uploads\/2020\/07\/book-2.png 369w\" sizes=\"auto, (max-width: 284px) 100vw, 284px\" \/><\/figure>\n<\/div>\n\n\n<ul class=\"wp-block-list\">\n<li>Using Microsoft Dynamics 365 for Finance and Operations: Learn and understand the functionality of Microsoft&#8217;s enterprise solution by Andreas Luszczak<\/li>\n\n\n\n<li>Implementing Microsoft Dynamics 365 for Finance and Operations Apps by JJ Yadav, Sandeep Shukla&nbsp;<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Implementing Microsoft Dynamics 365 for Finance and Operations: Implement methodology, integration, data migration, and more by Rahul Mohta, Yogesh Kasat, JJ Yadav&nbsp;<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>STEP 4: Online Courses<\/strong><\/h4>\n\n\n\n<p>If a candidate wishes to join an Online Course for the same. There are various courses available online. In fact, the internet is cluttered with so many courses. While choosing the right online course for your preparation, make sure to view all the objectives of the course. Is it in your price range or not? Is it feasible for you? And, if possible try to take a trial session before hitting that buy button. All these factors will allow you to choose the right fit according to your needs. These courses provide you with the online video study material that can get digested easily. Also, they even provide the candidate with sample papers. So, you can try them out.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>STEP 5: Join the Community\/ Online Forum<\/strong><\/h4>\n\n\n\n<p>Online forums and study groups are a great way to prepare for the certification exam. Therefore, feel free to get in touch with other candidates through study forums or online groups to ask a question related to the topic you\u2019re having difficulty with.<\/p>\n\n\n\n<p>However, it\u2019s not something you have to join. It\u2019s just something very subjective. Not to mention, these online groups help you stay equated with the other people who are also walking through the same path as yours. Moreover, you can also ask a question related to the topic you\u2019re having difficulty with.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>STEP 6: Self-evaluation Time<\/strong><\/h4>\n\n\n\n<p>Finally, we\u2019re on the last step for the <a href=\"https:\/\/www.testpreptraining.ai\/microsoft-dynamics-365-for-finance-and-operations-financials-mb-310-certification-exam\" target=\"_blank\" rel=\"noreferrer noopener\">preparatory guide.<\/a> Further, this final step will give the candidate the exact insight of the topics in which they\u2019re lacking. So, make sure you\u2019re going through <a href=\"https:\/\/www.testpreptraining.ai\/microsoft-dynamics-365-for-finance-and-operations-financials-mb-310-free-practice-test\" target=\"_blank\" rel=\"noreferrer noopener\">sample tests<\/a> after you have gone through the entire syllabus. Most importantly, all the practice tests are designed to encounter the real exam environment around you. However, practice papers can be from various sources. Above all, remember the more you test yourself the better you\u2019re going to become.&nbsp;<a href=\"https:\/\/www.testpreptraining.ai\/microsoft-dynamics-365-for-finance-and-operations-financials-mb-310-practice-exam\" target=\"_blank\" rel=\"noreferrer noopener\"> SO START PRACTICING NOW with MB-310 PRACTICE TEST!<\/a>&nbsp;<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"750\" height=\"117\" src=\"https:\/\/www.testpreptraining.ai\/tutorial\/wp-content\/uploads\/2020\/06\/Add-a-subheading-750x117.png\" alt=\"\" class=\"wp-image-9711\" srcset=\"https:\/\/www.testpreptraining.ai\/tutorial\/wp-content\/uploads\/2020\/06\/Add-a-subheading-750x117.png 750w, https:\/\/www.testpreptraining.ai\/tutorial\/wp-content\/uploads\/2020\/06\/Add-a-subheading.png 960w\" sizes=\"auto, (max-width: 750px) 100vw, 750px\" \/><\/figure>\n<\/div>\n\n\n<p><strong>Catapult your career with advanced learning skills and expert tutorials on Microsoft MB-310 Exam. Prepare and become a <a href=\"https:\/\/www.testpreptraining.ai\/microsoft-dynamics-365-for-finance-and-operations-financials-mb-310-practice-exam\" target=\"_blank\" rel=\"noreferrer noopener\">Microsoft Certified: Dynamics 365 Finance Functional Consultant Associate<\/a>!<\/strong><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Microsoft MB-310 exam also known as the Microsoft Dynamics 365 for Finance and Operations is a core exam for Financials.&nbsp; After the qualifying the MB-310 examination, the candidate will be able to do the following technical tasks- Intended Audience The Course is designed for the following list of candidates- Prerequisites One must have a&#8230;<\/p>\n","protected":false},"author":1,"featured_media":9704,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"footnotes":""},"categories":[1226],"tags":[4,1440,1439,1443,1442,1441],"class_list":["post-9703","page","type-page","status-publish","has-post-thumbnail","hentry","category-microsoft","tag-m4f","tag-mb-310-course-outlinr","tag-mb-310-exam-details","tag-mb-310-faq","tag-mb-310-practice-tests","tag-mb-310-preparation-guide"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>MB-310 Microsoft Dynamics 365 for Finance - Testprep Training Tutorials<\/title>\n<meta name=\"description\" content=\"Catapult your career with expert tutorials on Microsoft MB-310 Exam. Prepare for Dynamics 365 Finance Functional Consultant Associate\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.testpreptraining.ai\/tutorial\/mb-310-microsoft-dynamics-365-for-finance\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"MB-310 Microsoft Dynamics 365 for Finance - Testprep Training Tutorials\" \/>\n<meta property=\"og:description\" content=\"Catapult your career with expert tutorials on Microsoft MB-310 Exam. 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