MB-310 – Microsoft Dynamics 365 Finance Functional Consultant:

Exam Introduction

The MB-310: Microsoft Dynamics 365 Finance Functional Consultant exam is an official Microsoft certification that validates the competencies of professionals in configuring, implementing, and managing financial processes using Dynamics 365 Finance. This certification is ideal for those seeking to demonstrate technical and functional expertise in ERP solutions focused on accounting automation, financial reporting, expense control, budgeting, and accounting close. The exam assesses the candidate's ability to apply Dynamics 365 functionalities to optimize financial management in organizations, with an emphasis on security, data integration, and regulatory compliance.

Exam Requirements

To adequately prepare for the MB-310 Finance Functional Consultant, it is recommended that candidates have prior experience with financial and accounting processes, such as accounts payable and receivable, budgeting, cash flow, and reporting. Familiarity with ERP platforms, especially Microsoft Dynamics 365, is also important, as well as basic knowledge of process automation and reporting with tools like Power BI. Practical mastery of these concepts facilitates understanding of the exam scenarios and improves performance in simulations and technical questions.

To successfully complete the MB-310 exam and earn the Microsoft Dynamics 365 Finance Functional Consultant Associate certification, it's essential to master a diverse set of skills. The majority of the exam, approximately 40 to 45%, focuses on financial implementation and management, including account setup, budgeting, and detailed reporting. Additionally, candidates must demonstrate the ability to implement accounts receivable processes, manage credit, collections, and subscription billing, which account for 15 to 20% of the exam. Implementing and managing accounts payable and expenses are equally important, accounting for 10 to 15% of the exam, as are budget and fixed asset management, each with a similar weighting.

Benefits of Certification

Earning the MB-310 certification represents a competitive advantage for professionals working in finance or functional ERP systems consulting. In addition to demonstrating expertise in managing complex financial solutions with Dynamics 365, the certification expands the possibilities for working on digital transformation, process automation, and financial governance projects. Certified professionals also have greater opportunities for career growth, access to specialized positions, and recognition in markets that increasingly demand integration between technology and strategic accounting management.

For Whom It Is Addressed

The MB-310 certification is designed for functional finance consultants, ERP administrators, and financial professionals who work with Microsoft Dynamics 365 or wish to implement robust financial solutions in their organizations. It is also recommended for specialists seeking to differentiate themselves in the digital finance field, professionals involved in accounting automation processes, or those responsible for analyzing financial performance in corporate environments. Those who intend to work with systems integration, compliance, and financial reporting in large corporations also benefit greatly from this certification.

Program content

1. Overview of Dynamics 365 Finance

Introduction to Dynamics 365 Finance and its main features
Initial account setup, financial reporting, and chart of accounts
Integration with other Dynamics 365 and Power Platform applications
Permission and access management for finance users, including verifying and ensuring the security of user connections through security validations, authentication, and protection against unauthorized access.

2. Accounting and Entry Configuration

Setting up accounting accounts, journals and entries
Management of financial transactions and accounting of entries
Automation of accounting processes with accounting rules
Accounting closing configuration and bank reconciliations

3. Budget and Forecast Management

Creating and configuring financial budgets
Using forecasts to optimize financial planning
Budget monitoring and variance analysis
Integrating financial forecasts with other Dynamics 365 modules

4. Accounts Payable and Accounts Receivable

Accounts Payable (AP) Setup and Management
Automation of payment processes and invoice reconciliation
Accounts Receivable (AR) Setup and Management
Collection management and invoice automation

5. Cash and Bank Management

Bank account setup and cash flow integration
Automating bank reconciliation and cash flow
Cash flow monitoring and forecasting
Optimization of banking transactions and payment processes

6. Financial Reporting and Compliance

Creating financial reports with Power BI and Dynamics 365
Monitoring financial KPIs and performance metrics
Configuring Compliance and Audit Reports
Automating tax and regulatory compliance reporting

7. Financial Closure

Configuration of monthly and annual accounting closing processes
Review of balance sheets and income statements
Automation of closing and reconciliation processes
Optimization of the accounting and financial closing cycle

8. MB-310 Exam Preparation

MB-310 Exam Format
Exam simulations and practices
Exam Tips: Answer Strategies
Review of key topics and concepts

Differential

The MB-310 certification represents an important milestone for finance and ERP consulting professionals, as it validates practical skills for implementing and managing Dynamics 365 Finance solutions. The distinguishing feature lies in its functional focus applied to business realities, enabling professionals to integrate accounting, compliance, and technology processes into a single environment. With this certification, candidates demonstrate not only technical knowledge but also the ability to optimize end-to-end digital financial management.