If you are among those individuals who have a solid understanding of the core business accounting principles and finance operations, work in finance departments, and need to deepen your skills and boost your career, then obtaining the Microsoft Certified: Dynamics 365 Finance Functional Consultant Associate certification should be your aim. This designation is the perfect choice for those, who have skills in working with Dynamics 365 Finance to accomplish business requirements and convert them into solutions fulfilled with the help of the best practices. This Microsoft accreditation can be obtained by passing two exams: MB-300 and MB-310.
If youíve set the goal to become certified on the first try, you need to be confident in your skills and knowledge. Thus, you can get experience working with a functional consultant who deals with Dynamics 365 Finance, you can be engaged in completing a finance consulting project, choose the training offered on the vendorís website, take an instructor-led training course, or complete the given practical tasks.
Anyway, taking the two certification exams is an essential step on the way to being Microsoft certified. The first exam MB-300 is centered on the Microsoft Dynamics 365: Core Finance and Operations topic. The certified professionals should be knowledgeable of the main elements and features of Dynamics 365 Finance and Operations apps, be able to analyze business requirements, and convert them into completed business solutions based on the best industry practices. This exam will check how proficient you are in dealing with finance and operations apps, and how to implement Microsoft Power Platform technologies. Thus, you should have skills to deal with Power BI, Power Apps, Microsoft Dataverse, to name a few. You also should be knowledgeable of the core elements of Dynamics 365 Commerce, operations portfolio, and capabilities of mobile workspaces. Your skills to implement administrative features, create business events, and workflows, implement system and organization administration features should also be demonstrated. In this exam, you are expected to show your competence in managing data, describing use cases for projects, and templates, explaining the migration process, defining which tools to use in migration scenarios and operation apps, as well as preparing data for migration. To add more, in this exam you should be able to describe the types of resting solutions, utilize Azure DevOps for tracking the process of the project implementation, and utilize Lifecycle Services tools.
The MB-310 exam measures your skills in Microsoft Dynamics 365 Finance. This test aims to check your skills in launching and configuring financial management, utilizing accounts receivable, revenue recognition, and credit, operating budgeting as well as accounts payable and expenses, using fixed assets. In this exam, you should be ready to demonstrate your skills in indicating and creating the charts of accounts, dealing with currencies and ledgers, managing journals, cash & bank, collecting and reporting taxes. This exam will assess your capacity in utilizing accounts receivable, managing credit and collections processes, operating accounts payable, dealing with approval settings of the accounts payable journal, and implementing expense management. You also should have a solid comprehension of how to create and operate budgeting elements, such as budget codes, models, cycles, allocation terms, how to apply budget workflows, plan a budget, and create its template. Other skills tested, include applying and operating fixed assets and working with their transactions.
Since these two exams are intended for professionals, they will last for 2 hours and include from 40 to 60 questions of various types. Each exam is priced at $165. To succeed in the test, you need to score 700 points out of 1000.
Having passed these 2 exams and obtained the Microsoft Certified: Dynamics 365 Finance Functional Consultant Associate certification, your average salary will be $118,035 per annum, as stated on the Ziprecruiter website.