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Microsoft MB-310 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Implement and Manage Fixed Assets10-15%- Configure Fixed Assets
  • 1. Set up fixed asset depreciation methods and conventions
  • 2. Configure fixed asset books and value models
  • 3. Implement fixed asset tracking and reporting
  • 4. Implement fixed asset acquisition, depreciation, and disposal
  • 5. Configure fixed asset parameters and groups
Topic 2: Implement and Manage General Ledger and Cost Accounting25-30%- Implement Cost Accounting
  • 1. Configure and process budget configurations
  • 2. Configure cost accounting module
  • 3. Implement cost allocations and cost behavior
  • 4. Create cost control units and cost groups
- Implement General Ledger
  • 1. Implement advanced ledger structures
  • 2. Configure and process financial consolidation
  • 3. Configure and process journal entries
  • 4. Implement periodic processes and allocations
  • 5. Configure and manage intercompany accounting
Topic 3: Configure and Implement Core Financial Functions20-25%- Implement and manage financial structures
  • 1. Set up ledgers, currencies, and exchange rates
  • 2. Create and manage legal entities
  • 3. Configure fiscal calendars, fiscal years, and periods
  • 4. Implement financial dimensions and dimension sets
  • 5. Configure chart of accounts and account structures
- Configure cash flow management
  • 1. Implement petty cash and workflow for cash management
  • 2. Set up cash flow forecasts
  • 3. Configure bank management and bank accounts
Topic 4: Implement and Manage Accounts Payable and Receivable25-30%- Implement Accounts Payable
  • 1. Implement invoice and payment workflows
  • 2. Set up vendors, vendor groups, and vendor posting profiles
  • 3. Configure accounts payable parameters and payment terms
  • 4. Implement and process vendor payments
  • 5. Configure charges and multi-lined invoice scenarios
- Implement Accounts Receivable
  • 1. Configure accounts receivable parameters and payment terms
  • 2. Configure and manage collection letters and interest
  • 3. Set up customers, customer groups, and customer posting profiles
  • 4. Implement free text invoices and sales orders
  • 5. Implement and process customer payments

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Microsoft Dynamics 365 Finance Functional Consultant Sample Questions (Q164-Q169):

NEW QUESTION # 164
A client is using the budget planning process in Dynamics 365 for Finance and Operations.
Your client requires the ability to plan for a one-year, three-year, and five year-budget.
You need to configure the various year length options to be used in the budgeting module.
What should you do?

Answer: A

Explanation:
Section: Manage budgeting and fixed assets


NEW QUESTION # 165
A client wants general journals to be used only to post ledger-type transactions.
You need to set up journal configuration to achieve the requirement.
Solution: Set up posting restrictions on the general journal.
Does the solution meet the goal?

Answer: A


NEW QUESTION # 166
You need to ensure Trey Research meets the compliance requirement.
Which budget technology should you implement? Each correct answer presents a complete solution.
NOTE: Each correct selection is worth one point

Answer: A,B


NEW QUESTION # 167
A company is preparing to complete yearly budgets.
The company plans to use the Budget module in Dynamics 365 Finance for budget management.
You need to create the new budgets.
What should you do?

Answer: A

Explanation:
Reference:
https://docs.microsoft.com/en-us/dynamics365/unified-operations/financials/budgeting/budget-planningoverview-configuration


NEW QUESTION # 168
A company is implementing Microsoft Dynamics 355 -Finance. The company plans to Implement the fixed asset module. You have the full awing requirements:
* Post transactions to the tax depreciation hook at the same interval as the primary book.
* Tax transactions must be journalized without being recorded in the general ledger.
You need to configure the 'wet! asset books.
Which conjuration option should you use? To , drag the appropriate urn figurations to the correct requirement.
Each configuration may be used once, more than once, more not at all You may need to drag the split bar between panes or scroll to view content.
NOTE: Each correct selection is worth one point.

Answer:

Explanation:

Explanation:


NEW QUESTION # 169
......

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