Microsoft Dynamics 365 Finance Functional Consultant : MB-310 exam

MB-310
  • Exam Code: MB-310
  • Exam Name: Microsoft Dynamics 365 Finance Functional Consultant
  • Updated: Sep 25, 2026
  • Q & A: 349 Questions and Answers

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About Microsoft Dynamics 365 Finance Functional Consultant : MB-310 Exam Questions

Step 2: Go through the official course outline

After reviewing the exam details, you need to ensure that you are staying up-to-date with the entire course outline. It is worth mentioning that it is usually the most important part of the certification test. So, you should go to the Microsoft site and review the course outline.

Certification Path

The best certificate to follow after the associate-level path is the Microsoft Certified: Dynamics 365: Finance and Operations Apps Solution Architect Expert, which will require you to nail one exam and which requires the Dynamics 365 Finance Functional Consultant Associate validation as a prerequisite.

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

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Free Download Latest MB-310 Exam Tests

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:

  • 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;
  • 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.
  • 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;
  • 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;

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Microsoft MB-310 Exam Syllabus Topics:

SectionWeightObjectives
Implement financial management40–45%- Implement financial closing processes
- Configure financial reporting and inquiries
- Design and configure chart of accounts
  • 1. Set up ledger account aliases and control accounts
  • 2. Configure main accounts and categories
- Configure financial dimensions
  • 1. Define dimension structures and rules
  • 2. Set up dimension security and default values
- Manage general ledger journals and transactions
- Manage currencies and exchange rates
  • 1. Configure currency types and exchange rate providers
  • 2. Process foreign currency revaluation
- Configure fiscal calendars and periods
Implement and manage accounts payable and expenses10–15%- Configure accounts payable parameters and profiles
  • 1. Define invoice matching and validation policies
  • 2. Set up vendor groups and posting profiles
- Process invoices, payments, and prepayments
- Configure expense management and travel workflows
- Manage vendors and vendor transactions
Manage cash, bank, tax, and cost accounting- Configure bank management and reconciliation
- Configure consolidation and elimination processes
- Set up tax calculation and reporting
- Implement cost accounting and cost management
Implement accounts receivable, credit, collections, and subscription billing15–20%- Configure credit management and limits
- Manage customers and customer transactions
- Set up collections processes and workflows
- Configure accounts receivable parameters and profiles
  • 1. Set up customer groups and posting profiles
  • 2. Define payment terms and methods
- Implement subscription billing and revenue recognition
Manage budgeting10–15%- Create and revise budget plans
- Perform budget forecasting and analysis
- Configure budgeting parameters and dimensions
- Allocate and control budgets
Manage fixed assets10–15%- Manage asset leasing and valuation
- Perform fixed asset reporting and inquiries
- Acquire, depreciate, and dispose of fixed assets
- Configure fixed assets parameters and groups

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