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MB-310 Microsoft Dynamics 365 for Finance and Operations- Financials (2025) |

Microsoft MB-310 : Microsoft Dynamics 365 for Finance and Operations, Financials (2025) Practice Tests

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Exam Number : MB-310
Exam Name : Microsoft Dynamics 365 for Finance and Operations, Financials (2025)
Vendor Name : Microsoft
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Exactly same MB-310 Mock Exam as in actual test.
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MB-310 test Format | MB-310 Course Contents | MB-310 Course Outline | MB-310 test Syllabus | MB-310 test 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 ensure 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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Microsoft MB-310 : Microsoft Dynamics 365 for Finance and Operations, Financials (2025) Practice Tests

Latest 2025 Updated Microsoft Microsoft Dynamics 365 for Finance and Operations, Financials (2025) Syllabus
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