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Microsoft MB-310 : Microsoft Dynamics 365 for Finance and Operations, Financials (beta) Exam

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Exam Number : MB-310
Exam Name : Microsoft Dynamics 365 for Finance and Operations, Financials (beta)
Vendor Name : Microsoft
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Question Bank : Check Questions

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MB-310 exam Format | MB-310 Course Contents | MB-310 Course Outline | MB-310 exam Syllabus | MB-310 exam Objectives


Set up and configure financial management (35-40%)
Manage and apply common processes (20-25%)
Implement and manage accounts payable and receivable (20-25%)
Manage budgeting and fixed assets (15-20%)

Set up and configure financial management (35-40%)
Implement and configure financial modules
configure and apply accrual schemes
configure cash flow reports
configure the letter of credit and letter of certain templates
set up intercompany accounting
create and configure account structures
configure other modules including cash and bank management and budgeting, credit and collections, audit workbench, and consolidations
implement posting definitions
Implement and test cost and allocation policies
implement cost accounting processes
implement inventory costing versions
implement item groups
create and process Ledger allocation rules
demonstrate use of cost accounting terminology
construct fiscal calendars, years, and periods
Perform periodic processes
configure financial period close
define and demonstrate periodic closing processes and end-of-year processes
demonstrate regional tax reporting capabilities
perform bank reconciliation
perform financial consolidation
create a cost accounting report by using the cost accounting Report Wizard
allocate funds by using Accounting distributions
Configure, collect, and report taxes
configure tax components
implement and test end-of-year tax reporting
prepare periodic filings

Manage and apply common processes (20-25%)
Define and configure the account structure
demonstrate the advanced ledger entries functionality
set up derived financial hierarchies
demonstrate financial consolidation and elimination processes
set up funds
define and configure the main account
define and configure the financial dimensions and dimension sets
perform financial statements
perform tracking of posted transactions
Implement regulatory and localization features and manage currencies
set up legal entity currencies and conversions
configure currency exchange rate providers
implement foreign currency revaluation processes
determine which regulatory and localization features to apply to a given scenario
Implement and manage journals
identify the different types of journals available and their setup
set up journal controls
configure the journal posting restriction rules
configure approval processes by using workflows
create voucher templates
perform daily procedures using journals

Implement and manage accounts payable and receivable (20-25%)
Implement and manage Accounts receivable
set up customer posting profiles
manage delinquent customers
configure billing codes for free text invoices, process orders, invoices, and payments
configure and process credit and collection
configure customer payment setup
prepare and send customer account statements
configure accounts receivable charges
Implement and manage Accounts payable
configure invoice validation policies
set up vendor posting profile, process orders, invoices, and payments
configure the Vendor collaboration module
configure vendor payments
configure accounts payable charges

Manage budgeting and fixed assets (15-20%)
Configure and manage Budgeting processes
configure budgeting components
create a budget plan template
create a budget plan by using the budget plan wizard
perform the budget planning process
configure budget controls
create and demonstrate registry entries
implement budget workflows
Implement and manage fixed assets
create fixed assets and fixed assets groups
configure fixed asset parameters
identify when to enable integration with purchasing and sales module
perform acquisition, depreciation, and disposal of fixed assets



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