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Exam Information
Official specifications published by Microsoft
Exam Format
100 min
700 out of 1000
Associate
Registration
$165 USD
Pearson VUE or online proctoring
Validity
1 year
Pass renewal assessment on Microsoft Learn (free); Retake the full exam
MB-310 Exam Topics and Domains
MB-310 is organized into 5 weighted domains. Expect to work with General Ledger, Payment processing, Workflow engine, Adjustment processing, and more.
1
Implement financial management
45%
Design and configure the chart of accounts
Financial dimensionsChart of accounts and main accountsLegal entity overridesAccount structures and advanced rulesFinancial tags
- Design and configure financial dimensions for organizational needs
- Create and maintain chart of accounts and main accounts
- Configure legal entity overrides for multi-company operations
- Implement account structures and advanced validation rules
- Design and configure financial tags for enhanced reporting
Configure ledgers and currencies
Currency configurationRevaluation postingAccounting and reporting currencies
- Configure currency exchange types and rates
- Set up currency revaluation posting profiles
- Configure accounting and reporting currencies for legal entities
Implement and manage journals
Journal configurationJournal workflowsPeriodic and intercompany journalsExcel integrationJournal processing
- Configure journal names, vouchers, and controls
- Implement journal approval workflows
- Configure and use periodic and intercompany journals
- Create and use Excel templates for journal entry
- Process journals including reversals and batch processing
Implement and manage cash and bank
Bank account managementBank reconciliationCash flow forecastingPayment processing
- Create and manage bank groups and bank accounts
- Configure and process bank reconciliations
- Set up cash flow forecasting with automation
- Configure shared payments and netting processes
Perform periodic processes
Period closingConsolidation and eliminationFinancial reportingLedger processes
- Design and configure periodic closing processes
- Perform consolidation and elimination using Consolidation online
- Create and manage financial reports
- Configure and process ledger settlements and revaluations
Configure, collect, and report taxes
Sales tax configurationTax postingWithholding tax
- Configure tax groups, codes, and authorities
- Set up tax ledger posting groups
- Configure and process withholding tax
Implement cost management
Cost configurationInventory costingItem configurationInventory processes
- Configure cost groups and categories
- Set up inventory costing versions and methods
- Configure item model groups and posting profiles
- Perform inventory recalculation and closing processes
2
Implement accounts receivable, credit, collections, and subscription billing
20%
Implement and manage accounts receivable
Customer configurationInvoice processingPayment processingCustomer managementAR processes
- Configure customers and customer groups
- Process various types of invoices
- Configure and process customer payments
- Manage customer holds and approvals
- Perform AR periodic processes
Manage credit and collections
Credit managementCollections managementCustomer communicationsWrite-offs and adjustments
- Configure credit management processes
- Set up collections management and activities
- Prepare and send customer communications
- Configure and process write-offs
Configure and manage subscription billing
Billing schedulesContract billingRevenue deferralsExpense deferrals
- Generate sales documents using billing schedules
- Manage billing schedules and contract billing
- Configure and use revenue deferrals
- Configure and use expense deferrals
3
Implement and manage accounts payable and expenses
15%
Implement and manage accounts payable
Invoice validationVendor configurationInvoice processingPayment processingVendor managementInvoice automationVendor invoice journals
- Configure invoice validation and matching policies
- Set up vendor groups and posting profiles
- Process various types of vendor invoices
- Generate and process vendor payments
- Configure vendor invoice automation
- Process vendor invoice journals
Configure and use expense management
Expense configurationExpense typesExpense reports
- Configure expense management components
- Set up various expense types
- Create and manage expense reports
4
Manage budgeting
10%
Implement basic budgeting
Budget componentsBudget entriesBudget analysis
- Configure budgeting components
- Create and manage budget register entries
- Compare budgeted values with actuals
Configure and manage budget controls
Budget control configurationOver-budget permissionsBudget control activation
- Configure budget control components
- Set up over-budget permissions
- Activate and deactivate budget controls
5
Manage fixed assets
10%
Implement and manage fixed assets
Fixed asset configurationPosting configurationAsset booksDepreciation configurationAsset management
- Create and manage fixed asset groups and attributes
- Configure fixed asset posting profiles
- Set up fixed asset books
- Configure depreciation profiles
- Create and manage fixed assets
Process fixed asset transactions
Asset acquisitionsAsset disposalsDepreciation processingAsset adjustmentsAsset budgeting
- Process fixed asset acquisitions through various methods
- Process fixed asset disposals and calculate gains/losses
- Run depreciation proposals and adjustments
- Process asset splits, reclassifications, and transfers
- Create and transfer fixed asset budgets
How do I earn this certification?
Passing MB-310 earns the Microsoft Certified: Dynamics 365 Finance Functional Consultant Associate certification.
Practice with Precision
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How to study for this exam?
The most effective way to prepare for MB-310 is by using the PlanetCert Simulator to practice questions and review detailed explanations.
What's changed on this exam?
Current Status
- ACTIVE
- Last content update: 2025-07-25
Updates
- Financial Reporting Latest Enhanced reporting tree capabilities likely in future updates • Release date: 2025-Q2
- Bank Reconciliation Advanced reconciliation 2.0 New matching rules and automation features • Release date: 2025-Q1
- Tax Calculation Service Global Cloud-based tax calculation becoming standard • Release date: 2024-Q4
Who should take this exam?
This exam is typically taken by Functional Consultants and Business Analysts.
- Fundamental understanding of accounting principles
- Knowledge of financial operations of businesses
- Understanding of customer service, field service, manufacturing, retail, and supply chain management concepts
- Experience with Dynamics 365 Finance functionality
- Basic understanding of Microsoft Power Platform