MB-310T00: Manage Financial Operations with Dynamics 365 Finance

MB-310 training

Instructor-led Microsoft Dynamics 365 Finance training for functional consultants, finance analysts, implementation team members, and business users who need practical skills in general ledger, accounts receivable, accounts payable, budgeting, fixed assets, cash and bank management, tax, and financial operations. This outline uses the official MB-310 certification objectives, Microsoft Learn lab structure, and the uploaded MB-310T00A PowerPoint courseware as the topic source. Microsoft lists the related certification as Microsoft Certified: Dynamics 365 Finance Functional Consultant Associate, and the exam assesses financial management, AR, credit and collections, AP and expenses, budgeting, and fixed assets.

Certification: Microsoft Certified: Dynamics 365 Finance Functional Consultant Associate
Exam: MB-310: Microsoft Dynamics 365 Finance Functional Consultant
Duration: 4 days
Audience: Dynamics 365 Finance functional consultants, finance power users, implementation consultants, solution architects, support analysts, and accounting/finance team members.

Why choose Dynamics Edge for MB-310T00 training?

Dynamics Edge turns Microsoft course topics into practical instructor-led training for learners who need job skills, certification preparation, course review, and project-ready capability. The class can be delivered as a public course, private team course, government training, or customized workshop.

• Learn from a Microsoft-focused training provider with practical business applications, cloud, ERP, Power Platform, AI, and security delivery experience.
• Use structured course review, hands-on discussion, and implementation examples instead of only reading a catalog outline.
• Prepare for real Dynamics 365 Finance work across ledger, banking, tax, receivables, payables, budgeting, fixed assets, and reporting.
• Align learning to the MB-310 certification skills measured as of July 25, 2025.
• Request private team delivery for finance transformation, ERP rollout, upgrade readiness, government teams, or role-based onboarding.

What will you learn in MB-310T00 training?

This course helps learners understand Microsoft Dynamics 365 Finance features and apply them through instructor explanation, business scenarios, labs, review questions, and certification-focused discussion.

• Configure financial management, ledgers, currencies, journals, taxes, banking, allocations, consolidations, and reporting.
• Manage accounts receivable, customer invoicing, payments, credit, collections, subscription billing concepts, and cost management.
• Configure accounts payable, vendor invoices, invoice matching, settlements, OCR automation, payments, and expense management.
• Use budgeting, budget control, budget register entries, workflows, and budget-versus-actual analysis.
• Configure and process fixed assets, asset books, depreciation, acquisitions, transfers, splits, disposals, and asset leasing concepts.

Dynamics 365 Finance MB-310 Course Outline

Learning Path 1: Configure financial management

Module 1: Get started with Dynamics 365 Finance

Students begin by reviewing the role of Dynamics 365 Finance in enterprise financial operations. They explore how finance features support general ledger, cash and bank management, taxes, accounts payable, accounts receivable, budgeting, fixed assets, cost accounting, and reporting.

Topics include:

• Dynamics 365 Finance business value.
• Core financial management capabilities.
• General ledger and subledger overview.
• Cash, tax, payable, and receivable processes.
• Role-based workspaces and financial intelligence.

Module 2: Configure currencies

Students learn how currencies support multicurrency financial operations in Dynamics 365 Finance. They configure currency codes, exchange rate types, exchange rates, conversions, and imported exchange rate processes.

Topics include:

• Currency setup.
• Currency conversions.
• Exchange rate types.
• Imported exchange rates.
• Multicurrency transaction support.

Module 3: Create fiscal calendars, years, and periods

Students configure fiscal calendars and accounting periods to support financial processing, budgeting, closing, and reporting. They learn how fiscal years, periods, budget cycles, date intervals, and ledger calendars control transaction timing.

Topics include:

• Fiscal calendars and fiscal years.
• Accounting periods.
• Budget cycle time spans.
• Period maintenance.
• Date intervals.

Module 4: Get started with chart of accounts

Students learn how to plan the chart of accounts for Dynamics 365 Finance. They review main account design, account structures, multiple charts of accounts, and basic chart of accounts setup.

Topics include:

• Chart of accounts planning.
• Main account structure.
• Multiple chart of accounts strategy.
• Main account creation.
• Financial reporting alignment.

Module 5: Set up chart of accounts

Students configure detailed chart of accounts components used in financial posting and control. They learn how main accounts, categories, validation options, closing options, financial tags, allocation terms, and automatic transaction accounts affect posting.

Topics include:

• Main account categories.
• Main account information.
• Financial tags.
• Automatic transaction accounts.
• Account validation and closing settings.

Module 6: Set up financial dimensions

Students configure financial dimensions to support reporting, analysis, and posting control. They learn how to create custom and entity-backed dimensions, activate dimensions, apply default dimensions, use derived dimensions, and design dimension combinations.

Topics include:

• Financial dimension configuration.
• Custom dimensions.
• Entity-backed dimensions.
• Default dimension values.
• Derived dimensions.

Module 7: Configure ledgers and journals

Students configure ledgers and journals for daily financial processing. They review journal types, journal names, voucher number options, posting rules, approvals, periodic journals, and journal workflow concepts.

Topics include:

• Ledger setup.
• Journal names and types.
• Voucher number configuration.
• Journal approvals.
• Periodic journals.

Module 8: Perform general ledger daily procedures

Students perform common general ledger tasks used by finance teams. They process journal entries, use templates, validate postings, review balance controls, perform ledger settlements, and work with Excel-based journal entry options.

Topics include:

• Journal entry processing.
• Balance control accounts.
• Ledger settlements.
• Journal line templates in Excel.
• Voucher templates.

Module 9: Intercompany accounting

Students learn how Dynamics 365 Finance supports transactions between legal entities. They configure intercompany relationships, post intercompany journals, trace intercompany entries, and review how due-to and due-from entries are generated.

Topics include:

• Intercompany setup.
• Intercompany journal posting.
• Due-to and due-from accounting.
• Intercompany transaction tracing.
• Intercompany reconciliation support.

Module 10: Configure ledger allocations and accruals

Students configure allocation and accrual processes for automated financial distribution. They learn how accrual schemes and ledger allocation rules help spread costs, revenue, and balances across periods, accounts, and dimensions.

Topics include:

• Accrual schemes.
• Ledger allocation rules.
• Fixed and variable allocations.
• Allocation sources and destinations.
• Recurring allocation processes.

Module 11: Configure and perform periodic processes

Students learn how to support financial close and recurring period-end tasks. They configure financial period workspaces, closing schedules, reconciliations, foreign currency revaluation, trial balances, year-end close, consolidation, and ledger settlement.

Topics include:

• Financial period workspace.
• Closing schedules.
• Foreign currency revaluation.
• Year-end close.
• Consolidation and elimination.

Module 12: Work with analytics and reporting

Students explore financial inquiries, reports, financial reporting tools, and analytics options. They learn how to generate and consume financial reports, find standard inquiries, and understand Power Platform integration points.

Topics include:

• Financial reporting.
• Standard inquiries and reports.
• Report definitions.
• Analytics workspaces.
• Power Platform integration.

Module 13: Configure cash and bank management

Students configure cash and bank management features used for bank account administration, payments, reconciliation, and cash visibility. They review bank transaction types, bank groups, bank accounts, reconciliation, IBAN, SEPA, and payment setup.

Topics include:

• Bank transaction types and groups.
• Cash and bank parameters.
• Bank accounts and check layout.
• Customer and vendor bank accounts.
• Bank reconciliation concepts.

Module 14: Customer and vendor netting in Dynamics 365 Finance

Students learn how customer and vendor netting helps organizations offset receivable and payable balances when the same party acts as both customer and vendor. They configure netting agreements, process manual and automatic netting, and review netting history.

Topics include:

• Netting setup.
• Netting agreements.
• Manual netting.
• Automatic netting.
• Netting history and reporting.

Module 15: Set up taxes

Students configure tax components used for sales tax calculation, posting, settlement, and reporting. They learn how tax codes, tax groups, item tax groups, authorities, settlement periods, and ledger posting groups work together.

Topics include:

• Sales tax codes.
• Sales tax groups.
• Item sales tax groups.
• Tax authorities and settlement periods.
• Tax ledger posting groups.

Learning Path 2: Manage accounts receivable

Module 16: Configure accounts receivable

Students configure accounts receivable components used for customers, payments, posting, credit card processing, payment schedules, payment fees, and cash discounts. They learn how AR setup supports invoicing, collections, and customer payment processing.

Topics include:

• Payment schedules and terms.
• Cash discounts and payment fees.
• Customer payment methods.
• Customer posting profiles.
• Customer setup and maintenance.

Module 17: Perform accounts receivable daily procedures

Students process common accounts receivable transactions. They create free text invoices, recurring invoices, sales order invoices, credit memos, customer payments, settlements, and transaction reversals.

Topics include:

• Free text invoices.
• Recurring invoices.
• Sales order invoicing.
• Credit memos.
• Customer payments and settlements.

Module 18: Configure credit and collections

Students configure credit and collections features to support credit limits, interest, collection letters, aging, and customer follow-up. They learn how to set up credit and collections components before processing delinquent accounts.

Topics include:

• Credit management setup.
• Collections setup.
• Interest codes.
• Collection letters.
• Aging definitions.

Module 19: Process credit and collections

Students use credit and collections tools to manage customer risk and overdue balances. They review customer statements, collections workspaces, delinquent accounts, credit holds, and collection activities.

Topics include:

• Customer account statements.
• Collections workspaces.
• Delinquent customer management.
• Credit holds.
• Collection activities.

Module 20: Implement cost management in Dynamics 365 Finance

Students learn core cost management concepts that support inventory valuation and financial posting. They review cost groups, costing versions, inventory costing methodologies, item model groups, item groups, posting profiles, recalculation, and inventory close.

Topics include:

• Cost groups.
• Costing versions.
• Inventory costing methods.
• Item model groups.
• Inventory recalculation and close.

Learning Path 3: Manage accounts payable

Module 21: Configure accounts payable

Students configure accounts payable components used for vendors, terms, payment schedules, payment fees, cash discounts, posting profiles, and vendor groups. They learn how AP setup supports invoice entry, payment processing, and vendor accounting.

Topics include:

• Vendor groups.
• Terms of payment.
• Payment schedules and fees.
• Vendor posting profiles.
• Vendor setup and maintenance.

Module 22: Perform accounts payable daily procedures

Students process common vendor transactions in Dynamics 365 Finance. They enter invoices, process purchase order invoices, manage credit memos, review payment journals, and support prepayments and vendor payment processing.

Topics include:

• Vendor invoice types.
• Purchase order invoices.
• Vendor payment journals.
• AP credit memos.
• Vendor payments and prepayments.

Module 23: Work with accounting distributions, invoice validations, and settlements

Students learn how invoice validation and settlement processes improve accounts payable control. They configure invoice matching, validation policies, accounting distributions, settlement processes, and matching rules.

Topics include:

• Accounting distributions.
• Invoice validation policies.
• Two-way and three-way matching.
• Invoice totals matching.
• Vendor settlements.

Module 24: Set up and use Intelligent OCR for vendor invoices

Students review intelligent invoice automation capabilities for vendor invoice processing. They learn how OCR, workflow, product receipt matching, automation results, and prepayment options improve invoice entry and validation.

Topics include:

• Vendor invoice automation.
• Intelligent OCR setup.
• Workflow integration.
• Product receipt matching.
• Invoice automation results.

Module 25: Get started with Expense management

Students learn the purpose and planning considerations for Expense management. They review expense categories, financial setup, intercompany expenses, payment methods, taxes, per diems, journals, and expense policy concepts.

Topics include:

• Expense management planning.
• Expense categories.
• Per diems.
• Payment methods.
• Intercompany expenses.

Module 26: Set up and configure Expense management

Students configure Expense management features for enterprise expense reporting. They set up parameters, workflows, policies, mileage options, per diem rules, audit workbench cases, and tax posting for intercompany expenses.

Topics include:

• Expense management parameters.
• Expense workflows.
• Expense policies.
• Mileage and per diem rules.
• Audit workbench cases.

Learning Path 4: Configure and use basic budgeting and budget control

Module 27: Configure and use basic budgeting and budget control

Students learn how Dynamics 365 Finance supports budgeting, budget control, and budget monitoring. They configure budgeting parameters, budget models, budget workflows, budget dimensions, budget register entries, allocation terms, transfer rules, and budget-versus-actual review.

Topics include:

• Basic budgeting setup.
• Budget models and dimensions.
• Budget register entries.
• Budget workflows.
• Budget control and budget-versus-actual analysis.

Learning Path 5: Administer fixed assets and inventory

Module 28: Configure fixed assets management

Students configure fixed asset components used to track, depreciate, and report long-term assets. They review fixed asset groups, books, depreciation profiles, journals, parameters, purchasing integration, and fixed asset transaction options.

Topics include:

• Fixed asset components.
• Fixed asset groups.
• Books and derived books.
• Depreciation profiles.
• Purchasing integration.

Module 29: Set up and acquire fixed assets

Students learn how to create and acquire fixed assets in Dynamics 365 Finance. They review the fixed asset lifecycle, fixed asset workspace, asset records, acquisition options, purchase integration, and stock item activation.

Topics include:

• Fixed asset lifecycle.
• Fixed asset workspace.
• Fixed asset record setup.
• Asset acquisition.
• Stock item activation.

Module 30: Manage fixed assets

Students perform fixed asset maintenance and management tasks. They review asset budgeting, transfers, fixed asset groups, asset splits, reclassification, replacement cost updates, insured value updates, and asset information maintenance.

Topics include:

• Asset budgeting.
• Fixed asset transfers.
• Fixed asset groups.
• Asset splits.
• Replacement cost and insured value updates.

Module 31: Work with fixed asset depreciation and disposal

Students process depreciation and asset disposal activities. They learn how depreciation runs affect asset books, how to sell assets using free text invoices, how to dispose assets as scrap, and how to review disposal outcomes.

Topics include:

• Depreciation processing.
• Asset disposal.
• Free text invoice asset sales.
• Scrap disposal.
• Disposal review and reporting.

Hands-on labs

MB‑310 Labs

🔹1. Core General Ledger (VERY HIGH PRIORITY)

These area  appear on the exam

1. Get Started with Financial Management (Exercise)
2. Configure Ledgers and Journals (Exercise)
3. General Ledger Daily Procedures (Exercise)
4. Create Fiscal Calendars (Exercise)
5. Configure Periodic Processes (Exercise)

Why important: Core posting, periods, and closing scenarios are tested heavily.

🔹 2. Chart of Accounts + Financial Dimensions

Critical for configuration scenarios.

1. Get Started with Chart of Accounts (Exercise)
2. Set Up Chart of Accounts (Lab)
3. Set Up Financial Dimensions (Exercise)

Expect case-based questions on structure and segmentation.

🔹 3. Accounts Receivable (AR)

Directly tied to real exam scenarios.

1. Configure Accounts Receivable
2. Accounts Receivable Daily Procedures
3. Configure Credit and Collections
4. Process Credit and Collections

Covers customer transactions, settlements, and collections lifecycle.

🔹 4. Accounts Payable (AP)

Another major exam domain.

1. Configure Accounts Payable
2. Accounting Distributions and Invoice Validation
3. OCR Vendor Invoice Processing

Focus on invoice matching, posting, and automation.

🔹 5. Cash & Bank + Currencies

Highly testable operational scenarios.

1. Configure Cash and Bank Management (Exercise)
2. Configure Currencies (Exercise)

Foreign currency revaluation + bank setups are common questions.

🔹 6. Budgeting + Allocations

Moderate but very conceptual exam weight.

1. Budgeting and Budget Control
2. Configure Ledger Allocations and Accruals (Exercises)

🔹 7. Fixed Assets (FA)

Frequently tested lifecycle scenarios.

1. Manage Fixed Assets + Depreciation & Disposal

Includes acquisition, depreciation, and disposal flows.

Certification alignment

This course supports preparation for Exam MB-310: Microsoft Dynamics 365 Finance Functional Consultant. Microsoft’s current study guide weights the exam as follows: financial management is 40–45%, accounts receivable/credit/collections/subscription billing is 15–20%, accounts payable and expenses is 10–15%, budgeting is 10–15%, and fixed assets is 10–15%.

Course review

Students should leave the course able to explain, configure, and support the major financial operations areas in Dynamics 365 Finance. The review should reinforce setup dependencies, daily transaction processing, period-end activities, business controls, and reporting outcomes.

Certification exam review

Exam review should focus on configuration decisions, business scenarios, and process troubleshooting rather than memorizing menu paths. Priority review areas should include chart of accounts, financial dimensions, journals, cash and bank, taxes, AR, credit and collections, AP invoice matching, expense management, budgeting, budget control, fixed assets, depreciation, and periodic financial close.