Pass Your Microsoft Certified: Dynamics 365 Finance Functional Consultant Associate Certification Easy!

Prepare with top-notch Microsoft Certified: Dynamics 365 Finance Functional Consultant Associate certification practice test questions and answers, vce exam dumps, study guide, video training course from ExamCollection. All Microsoft Certified: Dynamics 365 Finance Functional Consultant Associate certification exam dumps & practice test questions and answers are uploaded by users who have passed the exam themselves and formatted them into vce file format.

The Microsoft Certified: Dynamics 365 Finance Functional Consultant Associate certification is designed to validate the candidates’ expertise as a Functional Consultant who is responsible for analyzing the business requirements and translating them into efficient business solutions and processes with the help of industry best practices. To obtain this certificate, the individuals are required to complete two qualifying exams: Microsoft MB-300: Microsoft Dynamics 365: Core Finance and Operations as well as Microsoft MB-310: Microsoft Dynamics 365 Finance.

Prerequisites

This associate-level certification is intended for the practitioners who are the members of finance departments and work in accounts payable, accounts receivable, general ledger, cost accounting & cost management, budgeting, fixed assets, or expenses. They must possess a basic understanding of financial operations and business accounting principles, comprising including accounts payables & accounts receivables, fixed assets, costing principles, taxes, and budgeting.

Moreover, the candidates must have a comprehension of standard features & capabilities of Finance & Operations apps and know how to configure and utilize each. They need to be familiar with the integration of Finance & Operations apps with external tools and systems such as Power Platform. The learners should also be able to manage application lifecycles with the help of Lifecycle Services (LCS) as well as other Microsoft platforms & tools. Besides that, they need to have a solid knowledge of one or more Finance & Operations apps feature sets, including finance, manufacturing, and supply chain management.

Exam Details

The qualifying tests for the Microsoft Certified: Dynamics 365 Finance Functional Consultant Associate certification are made up of 40-60 questions that are to be completed by the learners within the allocated time of 120 minutes. The candidates are required to pay $165 per exam as a registration fee to make an appointment. This pricing applies to a single delivery of the test, which means that the applicants will be required to pay a new fee if they fail the first attempt. The Microsoft MB-300 exam is delivered in English and Japanese, while the Microsoft MB-310 test is available in English only.

Exam Topics

Before registering for the Microsoft MB-300 or Microsoft MB-310 exams, the candidates need to develop competency in the topics covered in these tests. The detailed outline of the knowledge and skills measured within each of the certification exams can be downloaded directly from the official platform. A brief overview of the domains covered in these tests is provided below.

The Microsoft MB-300 exam comes with the following subject areas:

• Utilization of Common Functionality & Implementation Tools (15-20%)

  This topic of the Microsoft MB-300 exam revolves around such skills as the identification and utilization of common features and functionality related to Finance & Operations apps. It also evaluates one’s expertise in the description of use cases for Power Platform apps & services.

• Configuration of Security, Options, and Processes (30-35%)

  This section measures the individuals’ skills in implementing security, designing and creating workflows, configuring the administration features of an enterprise, as well as configuring the system administration features.

• Finance & Operations Data Management (25-30%)

  The candidates are required to demonstrate their proficiency in managing data, planning a migration strategy, as well as preparing data for migration and migrating data.

• Solution Validation & Support (15-20%)

  The test takers must demonstrate their ability to evaluate solutions as well as utilize the Lifecycle Services tools.

The Microsoft MB-310 exam covers the domains, such as:

• Configuration of Financial Management (50-55%)

  This subject area evaluates the capacity of the candidates to determine and customize the chart of accounts; implement and handle journals; customize ledgers as well as currencies; implement and handle cash & bank; fulfill periodic processes; customize, gather, and report taxes; implement cost accounting as well as cost management.

• Implementation and Management of Accounts Payable & Expenses (10-15%)

  The core abilities covered within this exam part are the implementation & management of accounts payable. These include the configuration of invoice validation policies; setting up of vendor posting profiles; processing of invoices, orders, and payments, configuration of the Vendor Collaboration module; configuration of vendor payments; configuration of accounts payable charges. The learners will be also required to demonstrate their skills in the configuration and utilization of expense management.

• Implementation of Collections, Accounts Receivable, Credit, and Revenue Recognition (20-25%)

  The examinees need to show that they are capable of implementing and managing accounts receivable, managing credit & collections, as well as configuring revenue recognition.

• Management of Budgeting & Fixed Assets (10-15%)

  Here the applicants need to prove that they have capacity to customize & handle budgeting processes, including their ability to configure the budgeting components, create a budget plan, determine a budget planning procedure and plan a budget, create & customize registry entries, customize budget controls, implement budget workflows, execute budget checks on documents & journals. This topic also covers their competency in the implementation and management of the fixed assets, including the creation of fixed assets & fixed assets groups, configuration of fixed asset parameters, configuration of fixed asset books & depreciation, etc.

Preparation Process

To prepare for the certification tests associated with Microsoft Certified: Dynamics 365 Finance Functional Consultant Associate, the candidates can take advantage of the official resources available on the Microsoft website. There are both free and paid options available. The free preparation variant presents self-paced learning paths that include a number of modules. These will equip you with the required knowledge and skills in accordance with the exam objectives. Additionally, the vendor offers the students to enroll for the dedicated instructor-led courses. There are two courses that prepare the practitioners for Microsoft MB-300 and Microsoft MB-310: Microsoft Finance and Operations Core as well as Microsoft Dynamics 365 Finance.

Career Bonuses

As its name suggests, the Microsoft Certified: Dynamics 365 Finance Functional Consultant Associate certification paves the way to a career of a Functional Consultant. As a Dynamics 365 Finance Functional Consultant, you will serve as a key resource needed for the implementation and configuration of applications to satisfy the business needs. The average salary that the professionals can earn with this certificate amounts to $125,000 per annum.

ExamCollection provides the complete prep materials in vce files format which include Microsoft Certified: Dynamics 365 Finance Functional Consultant Associate certification exam dumps, practice test questions and answers, video training course and study guide which help the exam candidates to pass the exams quickly. Fast updates to Microsoft Certified: Dynamics 365 Finance Functional Consultant Associate certification exam dumps, practice test questions and accurate answers vce verified by industry experts are taken from the latest pool of questions.