MB-310 study guide
MB-310 · Work through your exam, one topic at a time.
The Microsoft Certified: Dynamics 365 Finance Functional Consultant Associate is an intermediate-level, role-based certification for professionals who analyze and translate financial business requirements into processes and solutions on Dynamics 365 finance and operations apps. Candidates are expected to have a foundational understanding of accounting principles and financial operations, plus awareness of how finance work intersects with manufacturing, retail, supply chain, service-based operations, and other core tasks. The MB-310 study guide has 5 sections and about 1,823 words.
01Implement financial management
Every question in this domain starts with setup order: legal entity → shared chart of accounts → account structures → advanced rules → financial dimensions → ledger and fiscal calendars → currencies and exchange rate types. Account structures define which main account + dimension combinations are valid ; advanced rules add conditional logic (require, default, or block a dimension when another dimension or main account has a given value).
366 words, about 2 min02Implement accounts receivable, credit, collections, and subscription billing
Customer groups feed posting profiles, which control the summary accounts for receivables, cash discounts, and write-offs. Payment terms carry cash discount definitions; methods of payment carry the file format, remittance format, and the payment attributes used for electronic payment.
382 words, about 2 min03Implement and manage accounts payable and expenses
Vendor groups feed posting profiles, then vendors. Learn the invoice entry paths, because identifying the right one is the most common scenario trap: the invoice journal posts immediately; the invoice register + approval journal is a two-step path that parks the entry in the invoice register suspense account defined in Accounts payable parameters; pending vendor invoices use workflow and can create a new vendor; the invoice pool holds unapproved entries for later.
382 words, about 2 min04Manage budgeting
Budget models and submodels group budget register entries; budget codes classify them as original budget, transfer, revision, encumbrance, or carry-forward. Entries are created manually, imported from Excel, or generated from a budget plan, and they follow their own workflow - an unapproved entry funds nothing.
361 words, about 2 min05Manage fixed assets
The fixed asset group supplies defaults - books, service life, depreciation convention, asset group type - and links to a posting profile that maps each transaction type (acquisition, acquisition adjustment, depreciation, write-up/write-down, disposal) to ledger accounts. Each book holds a depreciation profile (method plus rounding), service life, convention, calendar, and depreciate/hold flags.
332 words, about 2 min