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M3-123 Exam Topics and Domains
M3-123 is organized into 6 weighted domains. Expect to work with GLS090, GLS095, APS100, APS110, and more.
General Ledger Management
GL Configuration and Setup
- Configure and maintain the general ledger structure
- Set up and manage accounting periods
- Implement accounting rules and validations
Journal Entries and Vouchers
- Create and manage various types of journal entries
- Understand automatic journal generation from integrated modules
- Implement journal approval workflows
Accounts Payable Management
Supplier Management and Invoice Processing
- Set up and maintain supplier master data
- Process supplier invoices efficiently
- Implement invoice matching and approval processes
Payment Processing
- Generate and manage payment proposals
- Execute various payment methods
- Reconcile payment transactions
Accounts Receivable Management
Customer Management and Invoicing
- Configure customer master data and credit management
- Process customer invoices and credit notes
- Manage customer payment terms and conditions
Cash Management and Collections
- Process customer payments and cash applications
- Implement collection procedures and dunning processes
- Manage customer aging and bad debt provisions
Fixed Asset Management
Asset Acquisition and Setup
- Set up and maintain fixed asset master data
- Configure depreciation methods and calculations
- Process asset acquisitions and disposals
Asset Operations
- Process various asset transactions
- Manage asset lifecycle events
- Generate asset reports and analytics
Financial Reporting and Analysis
Financial Statement Generation
- Generate standard financial statements
- Create custom reports using ad hoc reporting tools
- Analyze financial data and trends
Budgeting and Forecasting
- Create and manage budgets in M3
- Perform budget comparisons and variance analysis
- Generate budget reports
Multi-Company and Currency Management
Multi-Company Operations
- Configure multi-company and division structures
- Process intercompany transactions
- Perform group consolidations
Currency Management
- Configure multi-currency operations
- Manage exchange rates and revaluations
- Process foreign currency transactions
How do I earn this certification?
Passing M3-123 earns the Infor Certified M3 Finance Consultant certification. It sits in the Infor M3 Finance track.
- Advanced M3 - Infor M3 Advanced Finance Specialist Advanced certification path
- M3 Solution Architect - Infor M3 Solution Architect Architecture-focused certification
- M3 Supply Chain - Infor M3 Supply Chain Consultant Complementary supply chain expertise
- M3 Manufacturing - Infor M3 Manufacturing Consultant Manufacturing module expertise
- CloudSuite - Infor CloudSuite Consultant Cloud platform specialization
- ION - Infor ION Integration Specialist Integration and workflow expertise
Practice with Precision
The PlanetCert Simulator mirrors the real exam environment with authentic questions and timed pressure.
How to study for this exam?
Use the official PlanetCert Practice Test alongside the study plan below to prepare efficiently for M3-123.
What's changed on this exam?
- ACTIVE
- Last content update: 2024-01-15
- M3 Finance API Suite 16.1 New API endpoints likely in next exam update • Release date: 2024-06-01
- Infor OS Integration 2024.1 ION workflows and Ming.le integration topics • Release date: 2024-03-15
- M3 Mobile Apps 3.0 Mobile approval workflows for finance • Release date: 2024-07-01
Who should take this exam?
- 6+ months of hands-on Infor M3 experience
- Completion of Infor M3 Finance training courses
- Understanding of financial accounting principles
- Experience with ERP system implementations