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Microsoft Certified: Dynamics 365: Finance Functional Consultant Associate

About the
course

MB-300, MB-310
Associate
60 minutes to complete the exam
40-60 questions, multiple-choice and multi-select questions
700 / 1000
Important
The English language version of this certification was updated recently. Exam MB-300 was updated on August 9, 2021, and Exam MB-310 was updated on August 27, 2021. Please download the skills measured documents on the associated exam pages to see what changed.

Use this certification to prove your skills and help advance your career, if you have experience as a functional consultant who analyzes business requirements and translates them into successful business processes and solutions based on industry best practices. You need to have experience in implementing and configuring Dynamics 365 Finance to meet business requirements.

This certification is a good fit for people in finance departments who work in accounts receivable, accounts payable, general ledger, fixed assets, budgeting, cost accounting and cost management, or expenses. You must have a fundamental understanding of business accounting principles and financial operations.

If you need more experience before you try to earn this certification, here are some suggestions:

  • Work with a functional consultant who uses Dynamics 365 Finance
  • Work as a functional consultant on one or more projects
  • Work on a finance consulting project
  • Join the community at community.dynamics.com
  • Take available learning paths on Microsoft Learn
  • Complete more hands-on practice
  • Sign up for an instructor-led training course

What you will learn

Skills measured

  • Describe finance and operations apps, and extend apps by using Microsoft Power Platform technologies
  • Configure administrative features and workflows
  • Manage Finance and Operations data
  • Validate and support the solution
  • Set up and configure financial management
  • Implement accounts receivable, credit, collections, and revenue recognition
  • Implement and manage accounts payable and expenses
  • Manage budgeting
  • Manage fixed assets
Download certification skill outline
Average salary for Finance Functional Consultant professionals

£65,000.00+

The average finance functional consultant salary in the United Kingdom is £65,000 per year or £33.33 per hour. Entry level positions start at £57,500 per year while most experienced workers make up to £75,125 per year.

Job Roles

  • Functional Consultant
  • Functional Consultant - Projects & Finance
  • Finance Functional Consultant
  • Senior Functional Finance Consultant
  • Oracle Functional Consultant (Finance)
Related Exams

Exam skills outline

Important
The content of this exam was updated on August 9, 2021. Please download the skills measured document below to see what changed.

Consultants (functional and technical) gather and analyze business requirements and translate those requirements into fully realized business processes and solutions that implement industry recommended practices. They serve as a key resource in implementing and configuring apps to meet business requirements.

Consultants should be able to implement core components and features of Dynamics 365 Finance and Operations apps. They should also have awareness of how Dynamics 365 Finance and Operations apps integrate with external systems and tools including Power Platform. The consultant uses Lifecycle Services (LCS), Azure DevOps, and other Microsoft tools and platforms to facilitate the application lifecycle management (ALM) process.

Consultants pursue continuous education by reading the product release notes, reviewing product roadmaps, participating in conferences, or continue learning by using Microsoft Learn, Microsoft Docs, instructor-led training, blogs, and user communities. They should also pursue role-base certifications and assessments to ensure their knowledge is recognized.

  • The content of this exam was updated on August 9, 2021. Please download the exam skills outline below to see what changed.
  • Describe finance and operations apps, and extend apps by using Microsoft Power Platform technologies (20–25%)
  • Configure administrative features and workflows (30–35%)
  • Manage finance and operations data (25-30%)
  • Validate and support solutions (20-25%)
Important
The English language version of this exam was updated on August 27, 2021. Please download the skills measured document below to see what changed.

Candidates for this exam analyze business requirements and translate those requirements into fully realized business processes and solutions that implement industry recommended practices. They have a fundamental understanding of accounting principles and a deeper understanding of financial operations as they relate to core finance, manufacturing, retail, and supply chain management operations.

Candidates for this exam typically specialize in one or more feature sets of Dynamics 365 Finance including core finance, general ledger, tax, cost accounting, fixed assets, budgeting, revenue recognition, consolidation, credit and collections, cash and bank management, expense management, and project management and accounting. They understand the relationships between finance and manufacturing, retail, and supply chain management.

  • The content of this exam was updated on August 27, 2021. Please download the exam skills outline below to see what changed.
  • Set up and configure financial management (40-45%)
  • Implement accounts receivable, credit, collections, and revenue recognition (15-20%)
  • Implement and manage accounts payable and expenses (10-15%)
  • Manage budgeting (10-15%)
  • Manage fixed assets (10-15%)
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