[2022] Use Valid MB-310 Exam – Actual Exam Question & Answer
Test Engine to Practice MB-310 Test Questions
You can read the Microsoft MB-310 Certification Exam cost
- The cost of the Microsoft MB-310 Exam is $165.
Official Text Books
Like most of the other Microsoft evaluations, revision guides are important in the preparatory phase. While Microsoft does not have a list of required books for you when it comes to MB-310 prep, a ton of these has been designed to help you better understand the tested concepts. Some of these guides are found on Amazon:
- Using Microsoft Dynamics 365 for Finance and Operations: Learn and Understand Functionality of Microsoft’s Enterprise Solution by Andreas Luszczak
This material has been designed to offer candidates first-hand knowledge of the concepts and topics needed to pass the official exam. Particularly, it will help you prepare for supply chain, manufacturing as well as financial types of management, which are fundamental topics you’d need to familiarize yourself with if you’re to earn this designation. Plus, the concepts are designed in an easy-to-understand, well-written, and engaging format that anyone interested in the finance and supply chain industry would like to know. In addition to covering all of the exam objectives, this book comes with detailed case studies that will help you retain information and facilitate the learning process as a whole.
- Beginners Guide to Dynamics 365 for Finance and Operations, Enterprise Edition by Murray Fife
Albeit introductory, such a manual welcomes you to the concept of fact boxes, filter lists, navigating with Dynamics 365, etc. Also, it gives you an insight into each of the topics of MB-310 in an easy and well-written manner. More so, here, you’ll get to know what the user interface is including its nuisances, and how to deal with varied Dynamics 365 environments. In case you go so far as to get the material from Amazon, it’s available for roughly $50 as a paperback edition.
- Implementing Microsoft Dynamics 365 for Finance and Operations App by Sandeep Shukla, JJ Yadav, and other
Well, such a comprehensive book from renowned IT authors takes a deeper look into finance and operations. Lifecycle Services (LCS) have been identified as one of the key topics in the course outline. Thus, the material discusses what LCS entails as well as highlights the necessary tools for managing projects. Besides that, data management, Power BI, the integration of technology, and managing go-live are a few of the other key areas this revision resource covers. So, if you’re intended to tackle all the intricacies of Dynamics 365 for Finance, this material is a way to go.
Microsoft MB-310 Exam Syllabus Topics:
| Topic | Details |
|---|---|
Set up and configure financial management (40-45%) |
|
| Define and configure the chart of accounts | – define and configure the chart of accounts and main accounts – describe use cases for main accounts categories, ledger account aliases, and balance control accounts – configure financial dimensions and dimension sets – configure legal entity overrides for financial dimensions and main accounts – create and configure account structures and advanced rules |
| Configure ledgers and currencies | – construct fiscal calendars, years, and periods – configure the ledger – describe and configure batch transfer rules – set up currencies and conversions for a legal entity – manually enter currency exchange rates |
| Implement and manage journals | – describe options for implementing voucher numbers in journals – configure journal names – set up journal controls and posting restriction rules – describe and configure journal approvals – create voucher templates – describe use cases for periodic journals – configure and apply accrual schemes – set up intercompany accounting – create templates to edit journals in Microsoft Excel – perform reverse entries |
| Implement and manage cash and bank | – create and maintain bank groups and bank accounts – describe and configure electronic payment formats – configure and process bank reconciliations including advanced bank reconciliations – configure cash flow reports |
| Implement cost accounting and cost management | – describe cost accounting processes and terms – configure cost accounting processes – create a cost accounting report by using the cost accounting report wizard – describe and configure the costing sheet and indirect costs – configure cost objects and cost groups – implement inventory costing versions – differentiate between inventory costing methodologies – configure item groups and posting profiles – perform inventory closing and adjustment processes |
| Perform periodic processes | – configure a financial period workspace and closing schedule – define and demonstrate periodic closing processes and end-of-year processes – perform financial consolidation and elimination processes – configure allocation terms for a main account – create and process ledger allocation rules – implement foreign currency revaluation processes – create and manage financial reports including modifying row, column, and report definitions |
| Configure, collect, and report taxes | – configure tax groups, tax codes, settlement periods, and jurisdiction – configure tax ledger posting groups – prepare periodic filings including end-of-year tax reporting |
Implement accounts receivable, credit, collections, and revenue recognition (15-20%) |
|
| Implement and manage accounts receivable | – set up customers and customer posting profiles – configure and process free text invoices – process orders, invoices, and payments – configure customer payment setup – configure accounts receivable charges – configure bank accounts for customers – manage customer holds |
| Manage credit and collections | – configure credit management processes – configure collections management processes – manage delinquent customers – prepare and send customer account statements – manage customer credit limits and credit holds – set up and process collection letters and interest notes |
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