MB-310 study plan
MB-310 · Give each week a clear focus.
8 weeks · About 7 hours per week
Implement financial management
Configure a legal entity's chart of accounts with main accounts, account categories, and account structures, then validate the resulting ledger setup for a sample company
Build a fiscal calendar with a non-calendar fiscal year including periods, quarters, and a closing period, and assign it to a ledger
Set up accounting currencies, exchange rate types, and exchange rate providers, then record a revaluation-ready rate set
Create journal names and posting profiles for daily, vendor, customer, and inventory posting, and trace how each profile drives postings
Explain and apply financial dimension structures, dimension sets, and account structure rules that constrain combinations
Your checkpoint
A written setup summary sheet listing every ledger, calendar, currency, journal name, and dimension structure you configured, with 25 self-written questions answered to 90% accuracy
Implement financial management
Post general journals of each type (daily, allocation, reversing, accrual) and reconcile ledger balances against the trial balance
Configure and run an allocation rule with a basis and ledger dimension target, then verify the distribution in the posted voucher
Set up intercompany accounting for two legal entities and post a balanced two-legged intercompany journal
Perform a period close: run a soft close, post accruals, run foreign currency revaluation, and settle a period to prevent further posting
Configure financial reporting elements by building a row definition and column definition that produce a balance sheet for the company
Your checkpoint
A completed end-to-end ledger walkthrough document (setup, journals posted, allocations, intercompany, close) plus a 2-page list of gotchas you hit and how you resolved them
Implement accounts receivable, credit, collections, and subscription billing
Configure customers, customer groups, posting profiles, and payment terms so that free text and sales order invoices post to the correct AR accounts
Create and post a free text invoice with multiple lines, then process a partial customer payment and a full settlement, verifying the open-transaction aging
Set up and run a customer payment proposal through a payment journal with a payment method, then reconcile the resulting transactions
Configure credit management (credit limits, credit hold rules, aging period definitions) and demonstrate a blocked order released after credit review
Configure collections, generate collection letters and interest notes, and write off a small uncollectible balance
Your checkpoint
A settlement and collections matrix showing each AR transaction you created, its final status, and the GL accounts hit - cross-checked against the customer aging report
Implement accounts receivable, credit, collections, and subscription billing
Configure subscription billing groups, billing schedules, and billing cycles, then generate and post an invoice for a recurring subscription
Set up revenue recognition schedules and deferral accounts, then post a transaction and verify the deferred revenue release over three periods
Test a price escalation and a subscription billing failure case, then document how to correct it
Complete a timed 50-question practice set covering domains 1 and 2 and log every missed objective into a weak-area tracker
Your checkpoint
A timed practice score report for domains 1-2 with a weak-area tracker listing each missed objective and the corrective action
Implement and manage accounts payable and expenses
Configure vendors, vendor groups, posting profiles, and payment terms, then post a vendor invoice through the pending vendor invoice form
Configure invoice matching (two-way and three-way) with tolerances, then demonstrate the matching policy blocking and releasing an invoice
Build a vendor payment proposal, process a payment run with a selected payment method, and settle invoices including a partial and a prepayment
Set up expense management: expense categories, policies, delegates, and an approval workflow, then submit and approve an expense report that posts to AP
Configure cash advance, expense reimbursement method, and per diem rules, then verify the resulting ledger entries
Your checkpoint
A procurement-to-payment trace document mapping one purchase order through product receipt, invoice match, payment, and settlement, with the voucher numbers cited
Manage fixed assets
Configure fixed asset books with depreciation profiles, conventions, and useful life, then acquire an asset and run depreciation for two periods
Perform an asset adjustment, a transfer between dimensions or locations, and a split, verifying resulting transactions in each asset book
Post an asset disposal of the sale type with a gain or loss and reconcile the gain/loss accounts to the ledger
Configure an asset group, asset calendar, and depreciation run batch, and explain how derived books and bonus depreciation interact
Run the fixed asset roll-forward report and reconcile beginning balance plus acquisitions minus disposals to the ending ledger balance
Your checkpoint
A fixed asset lifecycle workbook covering acquisition, depreciation, transfer, and disposal for three assets, reconciled to the ledger roll-forward report
Manage budgeting
Configure budget models, budget codes, budget cycles, and budget dimension values, then create and approve a budget register entry
Set up budget control: budget control configuration, over-budget permissions, and budget groups, then demonstrate a blocked posting exceeding remaining budget
Run budget planning with a planning process, scenario, and workflow, then generate a budget plan from prior-year actuals
Configure budget transfers, carry-forward rules, and apportionment, then execute a transfer and verify balances
Analyze budget vs. actual using budget control statistics and explain how to resolve a budget check failure
Your checkpoint
A budget control test log with at least six scenarios (allow, warn, block, transfer, carry-forward, override) each showing the configuration, action taken, and observed result
Implement financial management & Implement accounts receivable, credit, collections, and subscription billing & Implement and manage accounts payable and expenses & Manage budgeting & Manage fixed assets
Re-study every item in your weak-area tracker and rewrite each as a narrated explanation without notes
Complete two timed full-length practice exams and score above 80% on each
Reconfigure the three configurations you got wrong most often from a blank environment, without reference material
Build a one-page cheat sheet per domain covering forms, key fields, and posting dependencies
Your checkpoint
Two timed full-length practice scores at or above 80% plus a finalized five-page cheat sheet set and a dated exam booking
Milestones
Week 1: Chart of accounts, fiscal calendar, currency, journal names, and dimension structures all configured and validated in a working environment
Week 2: Can post a general journal, run an allocation, post an intercompany entry, and close a period without consulting documentation
Week 4: Domain 1 and 2 objectives covered; practice set score at or above 70% and weak-area tracker populated
Week 6: Procurement-to-payment and fixed asset lifecycle traces both reconciled to the ledger; cumulative practice score at or above 75%
Week 8: Two consecutive full-length timed practice exams at or above 80% with no domain below 70%