Career Bonuses

The Microsoft certifications are among the most highly regarded options in the IT industry. Therefore, after passing the MB-310 exam and getting certified, you will open a lot of new doors of the opportunities for you. You will qualify to apply for several job roles. Some of these positions are listed below:

• System Engineer;
• Solutions Architect;
• Project Manager;
• Functional Consultant.

The average salary for these professionals can be about $119,000 per annum.

You can read the Microsoft MB-310 Certification Exam Requirements

Candidates for this exam have a basic understanding of the concepts of corporate accounting and finance, customer service, field service, manufacturing, retail, and supply chain management.

Applicants for this exam usually train in one or more sets of Microsoft Dynamics 365 Finance functions, including finance, manufacturing, and supply chain management. Applicants must have knowledge of basic accounting principles and practices.

• Microsoft Certified: Dynamics 365 Finance Functional Consultant Associate

Implementing Accounts Receivables, Collections, Credits, and Revenue Recognitions (20-25%):

• Configure the revenue recognition: this module covers competence in implementing revenue schedules; entering and processing revenue recognition transactions; configuring journals & parameters or revenue recognition.
• Manage and implement account receivable: this subject area comes with the individuals’ competence in setting up customer posting profiles; configuring and processing free text invoices; processing orders, invoices & payments; configuring customer payment setup; configuring account receivable charges;
• Manage collections and credits: this section requires your skills in configuring credit management procedures; configuring collections management procedures; managing delinquent customers; preparing and sending customer account statements; managing customer credit holds and credit limits; setting up and processing interest notes and collection letters;

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

The MB-310 exam is based on a number of topics, which are divided further into several other subtopics. Basically, the test is comprised of the following 4 domains:

• Implementing Revenue Recognition, Accounts Receivable, Collections, and Credit (20-25%): This section includes the topics related to the management and implementation of the accounts receivable, configuration of revenue recognition, and management of collections and credit;
• Managing Budgeting and Fixed Assets (10-15%): The last area comes with the implementation and management of the fixed assets and configuration and management of the budgeting processes.
• Setting Up and Configuring Financial Management (50-55%): The first subject area of this exam revolves around the concepts of configuring currencies and ledgers, implementing journals and managing them, as well as performing periodic processes. Other concepts include implementing and managing bank and cash. Furthermore, it includes the configuration of the chart of accounts and configuration, collection, and reporting of taxes;
• Implementing and Managing Accounts Expenses and Payable (10-15%): The second domain focuses on the implementation and management of the accounts payable. Besides that, it includes the concepts such as configuration and usage of the expense management;