Exam Name: Microsoft Dynamics 365 Finance Functional Consultant

Exam Code: MB-310

Related Certification(s): Microsoft Dynamics 365 Certification

Certification Provider: Microsoft

Actual Exam Duration: 120 Minutes

Number of MB-310 Practice Questions: 309 (updated: )

Microsoft Recommended Focus Areas for the MB-310 Exam:
Topic 1: Configure financial management and core finance settings:
This section evaluates configuring financial modules, ledger setup, fiscal calendars, and financial parameters within Dynamics 365 Finance.
Topic 2: Manage accounts payable and vendor processes:
This section covers vendor setup, invoice processing, payments, and managing accounts payable transactions.
Topic 3: Manage accounts receivable and customer billing:
This section focuses on customer setup, invoicing, collections, and managing receivables processes.
Topic 4: Configure budgeting and financial planning processes:
This section evaluates budgeting configuration, budget control, and financial planning features.
Topic 5: Manage fixed assets and asset lifecycle:
This section covers acquisition, depreciation, disposal, and tracking of fixed assets.
Topic 6: Configure cash and bank management:
This section focuses on bank accounts, cash flow management, reconciliations, and payment processing.
Topic 7: Manage general ledger and financial reporting:
This section evaluates journal entries, financial statements, and reporting capabilities.
Topic 8: Configure expense management and cost control:
This section covers expense reporting, policies, and cost tracking across the organization.
Topic 9: Manage tax configurations and compliance:
This section focuses on tax setup, calculations, and regulatory compliance requirements.
Topic 10: Configure credit and collections management:
This section evaluates credit limits, collections strategies, and risk management.
Topic 11: Manage intercompany accounting and consolidations:
This section covers intercompany transactions, eliminations, and financial consolidation processes.
Topic 12: Configure financial dimensions and account structures:
This section focuses on defining financial dimensions, account structures, and reporting frameworks.
Topic 13: Implement financial integrations and data management:
This section evaluates integrating finance data with external systems and managing data imports/exports.
Topic 14: Monitor, analyze, and optimize financial performance:
This section covers financial insights, analytics, and performance optimization.
Free Microsoft MB-310 Exam Actual Questions
Note: Microsoft MB-310 Premium Questions were last updated on

Q1. A company uses Microsoft Dynamics 365 Finance. The company purchases, creates, and acquires fixed assets by using purchase orders.

The system must acquire the fixed asset when a vendor invoice is posted.

You need to process the transaction.

What should you do?

Q2. A company uses Dynamics 365 Finance.

The customer payment journal must only be available for selection by the accounts receivable user group.

You need to configure the accounts receivable journal name to meet the requirement Solution: Configure the journal control.

Does the solution meet the goal?

Q3. You need to configure settings to resolve a sales tax issue for a user. What should you select?

Q4. You need to ensure that customer transactions post to the correct ledger accounts. What should you configure?

Q5. You want to analyze financial data by department and region. What should you configure?