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MB-310: Microsoft Dynamics 365 Finance Functional Consultant Certification Video Training Course

MB-310: Microsoft Dynamics 365 Finance Functional Consultant Certification Video Training Course includes 25 Lectures which proven in-depth knowledge on all key concepts of the exam. Pass your exam easily and learn everything you need with our MB-310: Microsoft Dynamics 365 Finance Functional Consultant Certification Training Video Course.

95 Students Enrolled
25 Lectures
08:00:00 hr

Curriculum for Microsoft Dynamics 365 MB-310 Certification Video Training Course

MB-310: Microsoft Dynamics 365 Finance Functional Consultant Certification Video Training Course Info:

The Complete Course from ExamCollection industry leading experts to help you prepare and provides the full 360 solution for self prep including MB-310: Microsoft Dynamics 365 Finance Functional Consultant Certification Video Training Course, Practice Test Questions and Answers, Study Guide & Exam Dumps.

Mastering MB-310: Dynamics 365 Finance & Operations Core Finance

Introduction to MB-310

The MB-310 exam focuses on Microsoft Dynamics 365 Finance and Operations, specifically the core financial management functionality. This course is designed to prepare learners to manage and configure financial operations within Dynamics 365, a leading enterprise resource planning (ERP) system.

Importance of Finance in Dynamics 365

Finance is at the heart of every business. The ability to manage ledgers, budgets, and accounts is crucial for organizational success. Dynamics 365 Finance and Operations allows businesses to streamline these processes in a unified system.

Who Should Take This Course

This course is perfect for finance professionals, system administrators, and consultants who work or plan to work with Microsoft Dynamics 365 Finance. It prepares you to handle real-world financial tasks using this powerful platform.

Learning Objectives

You will learn how to set up financial management features in Dynamics 365, process transactions, manage budgets, and generate financial reports. By the end, you will be ready to pass the MB-310 certification exam.

Course Structure Overview

The course is divided into several modules, each focusing on different aspects of finance in Dynamics 365. It covers everything from basic setup to advanced financial operations.

Why Choose This Course?

This training is designed to be practical and hands-on. You will not only learn theory but also how to apply these concepts in Dynamics 365, enabling you to gain real skills that employers value.

Course Modules

Module 1: Configure Financials

In this module, you will learn how to set up the core financial components of Dynamics 365 Finance and Operations. This includes defining the chart of accounts, configuring financial dimensions, and setting up ledger accounts.

Chart of Accounts Setup

Understanding the structure of the chart of accounts is fundamental. You will learn how to create and manage account structures that align with your organization’s financial reporting requirements.

Financial Dimensions

Financial dimensions allow for detailed tracking and reporting. This part covers how to configure these dimensions to support your organization's unique financial analysis needs.

Ledger Setup

You will learn how to configure the main ledger, including fiscal calendars, currencies, and exchange rates, which are essential for accurate financial tracking.

Module 2: Manage Accounts Payable

This module dives into the accounts payable functionality within Dynamics 365. You will learn how to process vendor invoices, manage payments, and handle vendor settlements.

Vendor Setup and Maintenance

Understanding how to add and maintain vendor records is key to efficient accounts payable management. This section teaches you how to manage vendor information effectively.

Invoice Processing

You will gain insights into processing different types of vendor invoices, including manual and automated entry, and how to handle discrepancies.

Payment Processing

This part covers the methods for paying vendors, including electronic payments and checks, as well as managing payment schedules.

Module 3: Manage Accounts Receivable

This module focuses on managing customer accounts, invoicing, and collections. You will learn how to create customer records, generate sales invoices, and manage incoming payments.

Customer Setup

Proper customer information management is essential for billing and collections. This section explains how to maintain accurate customer data.

Invoice Generation

You will explore how to create and send sales invoices, ensuring that billing is timely and accurate.

Payment Collections

Effective management of incoming payments is crucial. This part covers various payment methods and how to reconcile payments with outstanding invoices.

Module 4: Budgeting and Fixed Assets

In this module, you will learn how to set up and manage budgets, as well as track fixed assets within Dynamics 365.

Budget Planning

Budgeting helps organizations control spending. This section explains how to create and manage budgets aligned with your organization’s financial goals.

Budget Control

You will understand how to implement budget controls to monitor and restrict spending.

Fixed Asset Management

Managing fixed assets is important for accurate financial reporting. This module covers asset acquisition, depreciation, and disposal.

Module 5: Financial Reporting

This module helps you understand how to generate financial reports using Dynamics 365, providing insights into organizational financial health.

Report Setup

You will learn how to configure reports, including financial statements, trial balances, and custom reports.

Analyzing Financial Data

This section explains how to interpret financial data to support decision-making.

Using Financial Insights

Leveraging Dynamics 365's reporting tools enables organizations to make data-driven decisions.

Module 6: Month-End and Year-End Close

The final module focuses on closing financial periods, ensuring that all transactions are accurately recorded and reported.

Period Close Process

You will learn the step-by-step process of closing a financial period within Dynamics 365.

Adjustments and Reconciliations

Proper adjustments and reconciliations ensure financial accuracy. This section teaches how to handle these critical tasks.

Year-End Closing

This part covers the specific tasks required to close the fiscal year, preparing the system for the new financial cycle.

Summary of Course Coverage

This course provides comprehensive training on Microsoft Dynamics 365 Finance and Operations focusing on core financial processes. From setting up your ledger and managing vendors to budgeting and financial reporting, you will gain essential skills for the MB-310 exam and practical work in finance roles.

Hands-On Learning

Throughout the course, practical exercises and simulations will help reinforce learning. You will get real experience navigating the Dynamics 365 interface and performing typical finance tasks.

Exam Preparation

Each module includes practice questions and scenarios to prepare you for the MB-310 certification exam. You will build confidence in your knowledge and skills.

Requirements of the Course

Prerequisite Knowledge

Before starting this course, it is highly recommended that learners have a solid understanding of general accounting principles. Familiarity with basic financial terminology and processes will help you grasp the course content more effectively.

Understanding Business Processes

A good grasp of typical business processes, such as purchasing, sales, and inventory management, can be very beneficial. This background knowledge helps you see how finance integrates with other business areas in Dynamics 365.

Technical Skills Needed

Basic computer skills are essential since you will be navigating through Microsoft Dynamics 365 Finance and Operations software. Familiarity with Microsoft Office, especially Excel, is advantageous for handling reports and data exports.

Prior Experience with ERP Systems

Experience working with any ERP system is a plus. While this course is focused on Dynamics 365, many concepts such as ledger management and invoicing are common across ERP platforms.

Software Access and Tools

To get the most out of the course, access to a Dynamics 365 Finance and Operations environment is important. This allows you to practice real-life scenarios and apply the concepts you learn.

Licensing and Subscription

Microsoft Dynamics 365 Finance and Operations requires a valid license or subscription. For training purposes, Microsoft often provides trial versions or sandbox environments. It’s important to set up access ahead of time.

Hardware Requirements

Your computer should meet the minimum system requirements to run Dynamics 365 smoothly. This typically includes a modern processor, sufficient RAM (at least 8 GB recommended), and a reliable internet connection since Dynamics 365 is cloud-based.

Recommended Prior Courses

Although not mandatory, completing courses on Dynamics 365 Fundamentals or basic Finance and Operations concepts can give you a head start. These foundational courses introduce core ideas that will be expanded on in MB-310.

Familiarity with Microsoft Power Platform

Since Dynamics 365 integrates with Microsoft Power Platform tools such as Power BI and Power Automate, basic knowledge of these tools can enhance your ability to create reports and automate tasks.

Language Proficiency

The course material and exam are typically offered in English. Proficiency in English reading and comprehension will help you understand the course content and exam questions clearly.

Time Commitment

This course requires a significant time investment. To fully absorb the material and complete practical exercises, plan to dedicate regular study time over several weeks.

Motivation and Learning Style

Being motivated to learn and having a hands-on approach will greatly enhance your success. The course involves both theoretical knowledge and practical application, so active engagement is crucial.

Organizational Requirements

If you are taking this course on behalf of your employer, check if there are specific organizational policies or requirements for certification. Some companies have guidelines on exam timing, retakes, or post-certification use.

Support Resources

Having access to support resources such as forums, study groups, or a mentor familiar with Dynamics 365 Finance is helpful. These resources can provide assistance and deepen your understanding.

Internet Connectivity

Because Dynamics 365 Finance is a cloud-based application, reliable and fast internet is necessary for smooth access and use. Interruptions in connectivity can disrupt your learning experience.

Browser Compatibility

Using a modern and supported web browser such as Microsoft Edge, Google Chrome, or Mozilla Firefox ensures the Dynamics 365 interface functions correctly during your training.

Exam Registration Requirements

To take the MB-310 exam, you need to register through Microsoft’s certification platform. You will also need a valid form of identification to verify your identity on exam day.

Exam Cost

Be aware of the exam fee, which can vary by region. Plan your budget accordingly and look out for any available discounts or vouchers that might reduce the cost.

Practical Experience in Finance Roles

Having practical experience working in finance, accounting, or related roles will provide valuable context. Real-world experience helps you connect the course content to daily business operations.

Understanding Regulatory Requirements

Basic awareness of financial regulations, compliance, and accounting standards such as GAAP or IFRS can improve your ability to configure and use Dynamics 365 Finance correctly.

Course Materials and Documentation

Access to official Microsoft documentation and learning paths supports your study. Familiarize yourself with these resources to complement your training.

Self-Study vs Instructor-Led Training

Decide whether you prefer self-paced learning or instructor-led training. Each approach has benefits, and your choice depends on your learning style and schedule.

Summary of Course Requirements

In summary, to succeed in this course and exam, you need a blend of financial knowledge, technical skills, access to software, and dedication. Preparing ahead with prerequisite knowledge and resources will make your learning experience smoother and more productive.

Overview of MB-310 Course

The MB-310 course is a comprehensive training designed to help learners master the core financial management capabilities of Microsoft Dynamics 365 Finance and Operations. It focuses on configuring and using the finance module to meet business needs effectively.

Core Focus Areas

This course emphasizes key financial processes such as setting up the general ledger, managing accounts payable and receivable, budgeting, fixed assets, and financial reporting. You will gain in-depth knowledge of these functions as they relate to Dynamics 365.

Hands-On Approach

The course combines theoretical concepts with practical exercises. This dual approach allows learners to apply what they study immediately in a simulated environment, improving retention and confidence.

Alignment with Certification Exam

The content is closely aligned with the MB-310 certification exam objectives. Every module prepares you for the skills and knowledge tested during the official Microsoft exam.

Real-World Application

Throughout the course, real-world business scenarios are presented. These help illustrate how Dynamics 365 finance functions support various organizational finance activities and challenges.

Continuous Updates

Microsoft regularly updates Dynamics 365 with new features. This course incorporates the latest updates to keep your skills current and relevant.

Integration with Other Modules

Finance does not work in isolation. The course explains how financial operations integrate with other modules like supply chain management and sales, providing a holistic understanding of Dynamics 365.

Software Navigation Skills

You will also learn how to efficiently navigate the Dynamics 365 interface, manage user roles, and customize views to optimize financial workflows.

Reporting and Analytics

The course covers how to use built-in reporting tools and dashboards. You will learn how to generate reports that provide valuable insights for decision-making and compliance.

Month-End and Year-End Processes

An important part of financial management is closing periods accurately. The course teaches the month-end and year-end close procedures to ensure accurate financial statements.

Who This Course Is For

Finance Professionals

This course is ideal for accountants, finance managers, and financial analysts who want to deepen their understanding of Dynamics 365 finance functionalities. It equips them with skills to streamline financial operations.

ERP Consultants

Consultants implementing or supporting Dynamics 365 Finance and Operations will benefit greatly. This course helps them configure the system to meet client needs and troubleshoot common issues.

System Administrators

Those responsible for managing Dynamics 365 environments will find this course valuable. It teaches how to maintain financial data integrity and configure system settings related to finance.

Business Analysts

Business analysts who work closely with finance teams will gain insights into how Dynamics 365 finance data is structured and processed. This knowledge supports better analysis and reporting.

IT Professionals with Finance Focus

IT professionals supporting finance systems will learn how Dynamics 365 integrates with other business applications and platforms, improving collaboration between IT and finance departments.

Students and Career Changers

Individuals looking to enter the finance or ERP consulting fields can use this course as a foundation. It provides a practical introduction to financial management in a leading ERP system.

Organizations Implementing Dynamics 365

Companies planning to adopt Dynamics 365 Finance and Operations can train their staff using this course. It helps ensure that key personnel are prepared to handle financial operations efficiently.

Project Managers

Project managers overseeing Dynamics 365 Finance implementations can benefit by understanding the finance module deeply. This knowledge aids in better project planning and communication.

Course Benefits

Skill Enhancement

The course builds critical skills in financial management using modern ERP technology, increasing your value in the job market.

Certification Readiness

Completing this course prepares you thoroughly for the MB-310 certification, a recognized credential that validates your expertise.

Practical Knowledge

Hands-on labs and exercises reinforce learning, ensuring you can apply concepts directly in real work scenarios.

Career Advancement

With the skills gained, learners can pursue roles such as Dynamics 365 Finance Functional Consultant, Finance Manager, or ERP Specialist.

Networking Opportunities

Training often connects you with peers and instructors, providing opportunities for networking and knowledge exchange.

Confidence Building

By mastering the material, you gain confidence in using Dynamics 365 Finance, improving job performance and career prospects.


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