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Implementing Accounts Receivables, Collections, Credits, and Revenue Recognitions (20-25%):
- Manage collections and credits: this section requires your skills in configuring credit management procedures; configuring collections management procedures; managing delinquent customers; preparing and sending customer account statements; managing customer credit holds and credit limits; setting up and processing interest notes and collection letters;
- Manage and implement account receivable: this subject area comes with the individuals’ competence in setting up customer posting profiles; configuring and processing free text invoices; processing orders, invoices & payments; configuring customer payment setup; configuring account receivable charges;
- Configure the revenue recognition: this module covers competence in implementing revenue schedules; entering and processing revenue recognition transactions; configuring journals & parameters or revenue recognition.
How to Register For Exam MB-310: Microsoft Dynamics 365 Finance?
Reference: https://docs.microsoft.com/en-us/learn/certifications/exams/mb-310
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You can read the Microsoft MB-310 Certification Exam advantages below
- After completing the Microsoft Certified Dynamics 365 Finance certification, Candidate becomes a solid, well-rounded Microsoft Certified MB-310 Exam.
- When an organization hiring or promotion an employee, then the decision is made by human resources. Now while Candidate may have an IT background, they do their decisions in a way that takes into record many different factors. One thing is candidates have formal credentials, such as the Microsoft MB-310 .
- If the Candidate has the desire to move up to a higher-paying position in an organization. This certification will help as always.
- A candidate might have incredible IT skills. Employers that do the hiring need to make decisions based on limited information and as it always. When they view the official Microsoft Dynamics 365 Finance certification, they can be guaranteed that a candidate has achieved a certain level of competence.
Microsoft Microsoft Dynamics 365 MB-310 Microsoft Dynamics 365 Finance Functional Consultant Exams
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Important Details
The candidates for this certification exam are Functional Consultants. These specialists analyze the business prerequisites and translate the same into completely realized business procedures and solutions that utilize industry best practices. These professionals function as a core resource in the implementation and configuration of applications that fulfill the business requirements.
The Microsoft MB-310 exam does not have any official prerequisites. However, the test takers must have a basic understanding and knowledge of financial operations and accounting principles, including accounts receivables and accounts payables, costing principles, budgeting, taxes, and fixed assets.
Microsoft MB-310 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Implement and Manage General Ledger and Cost Accounting | 25-30% | - Implement Cost Accounting
|
| Topic 2: Implement and Manage Accounts Payable and Receivable | 25-30% | - Implement Accounts Receivable
|
| Topic 3: Configure and Implement Core Financial Functions | 20-25% | - Implement and manage financial structures
|
| Topic 4: Implement and Manage Fixed Assets | 10-15% | - Configure Fixed Assets
|
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