DOWNLOAD the newest Pass4Leader MB-310 PDF dumps from Cloud Storage for free: https://drive.google.com/open?id=1c4EWg4y48PpM9TXxp-MSaIaCCa3mPy-G
The clients only need 20-30 hours to learn the MB-310 exam questions and prepare for the test. Many people may complain that we have to prepare for the MB-310 test but on the other side they have to spend most of their time on their most important things such as their jobs, learning and families. But if you buy our MB-310 Study Guide you can both do your most important thing well and pass the test easily because the preparation for the test costs you little time and energy.
Step 3: Locate and gather the right preparation resources
Finding and gathering the right resources is critical in any preparation process because it allows the candidates to have a deep understanding of each domain. You can go for the following options:
- Microsoft Training Programs: Microsoft offers two ways to prepare, which include paid instructor-led training courses and free online training paths. There are exam questions at the end of every module of online training.
- Books: They have always been around from the beginning of the study life cycles. They are still the most useful learning resources when it comes to preparing for any certification exam. Some of the top picks include the following guides:
- Microsoft Dynamics 365 for Finance Operations: Learn Understand the Functionality of the Microsoft Enterprise Solution (Andreas Luszczak);
- Implementing Microsoft Dynamics 365 for Finance Operations: Implement Methodology, Integration, and Data Migration (Rahul Mohta);
- Implementing Microsoft Dynamics 365 for Finance Operations Apps (JJ Yadav).
The candidates for the Microsoft MB-310 exam must understand its content before attempting to pass it. It is recommended that they go through the official website for the updated details at the point of preparing for the test. The topics covered within the domain of the certification exam are highlighted below:
Defining and Configuring Financial Management (50-55%):
- Manage implement bank and cash: this topic covers competence in creating and maintaining bank accounts and bank groups; explaining and configuring electronic payment options; configuring and processing bank reconciliations such as advanced bank reconciliations; configuring cash flow reports;
- Manage implement journals: this subtopic covers the skills in explaining options for the implementation of the voucher numbers within journals; configuring journal names; setting up journal controls posting limitation rules; explaining and configuring journal approvals; creating voucher templates; explaining use cases for periodic journals; setting up inter-company accounting; configuring and applying accrual schemes;
- Define configure charts of accounts: this objective requires that the applicants demonstrate competence in defining and configuring charts of accounts main accounts; explain the use cases for main accounts categories, balance control accounts, and ledger account aliases; configuring financial dimension dimension sets; configuring legal entity overrides for main accounts and financial dimensions; creating and configuring account structures advanced rules;
- Perform periodic processes: this section requires competence in configuring closing schedule and financial period workspace; defining and demonstrating year-end processes and periodic closing processes; performing elimination processes and financial consolidation; configuring the allocation terms for main accounts; creating and processing ledge allocation policies; implementing the revaluation processes for foreign currency; creating and managing financial reports, including report definitions, row, and column;
- Implement cost management cost accounting: the potential candidates should have the skills in explaining cost accounting terms and processes; configuring cost accounting procedures; creating cost accounting reports with the use of the Cost Accounting Report wizard; explaining and configuring indirect costs and costing sheet.
- Configure, collect, and report taxes: the learners need to show competence in configuring tax groups, settlement periods, jurisdiction, and tax codes; configuring tax ledger posting groups; preparing the periodic filings, such as year-end tax reporting.
The area will also measure one’s skills in configuring cost groups and cost objects, implementing inventory costing versions, differentiating between the inventory costing methodologies, configuring posting profiles and item groups, as well as performing adjustment processes and inventory closing.
Microsoft MB-310 Printable PDF & MB-310 Test Simulator Fee
To effectively getting ready for Microsoft MB-310 test, do you know what tools are worth using? Let me tell you. Pass4Leader Microsoft MB-310 pdf dumps are the most credible. The exam dumps is rare certification training materials which are researched by IT elite. Pass4Leader MB-310 braindump has a high hit rate. 100% sail through your exam. This is because IT experts can master the question point well, so that all questions the candidates may come across in the actual test are included in Pass4Leader exam dumps. Is it amazing? But it is true. After you use our dumps, you will believe what I am saying.
Exam MB-310: Microsoft Dynamics 365 Finance
Candidates for this exam are Functional Consultants who analyze business requirements and translate those requirements into fully realized business processes and solutions that implement industry best practices. Candidates serve as a key resource in implementing and configuring applications to meet business requirements.
Candidates for this exam must have a fundamental understanding of accounting principles and financial operations of businesses including accounts payables and accounts receivables, taxes, costing principles, fixed assets, and budgeting.
Part of the requirements for: Microsoft Certified: Dynamics 365 Finance Functional Consultant Associate
Microsoft Dynamics 365 Finance Functional Consultant Sample Questions (Q44-Q49):
NEW QUESTION # 44
A client has multiple legal entities set up in Dynamics 365 for Finance and Operations. All companies and data reside in Finance and Operations, The client currently uses a separate reporting tool to perform their financial consolidation and eliminations.
They want to use Finance and Operations instead.
You need to configure the system and correctly perform eliminations.
Solution: Select Consolidate online in Finance and Operations. Include eliminations during the process or as a proposal. Setup the transactions to post in the legal entity configured for consolidations.
Does the solution meet the goal?
- A. No
- B. Yes
Answer: A
NEW QUESTION # 45
You are a functional consultant for Contoso Entertainment System USA (USMF).
USMF recently opened a new bank account in the Brazilian currency.
You need to create a new bank account in the system for the new bank account.
To complete this task, sign in to the Dynamics 365 portal.
Answer:
Explanation:
See explanation below.
Explanation
1. Create a new bank account at Cash and bank management Bank accounts Bank accounts.
2. Complete all required fields. The following list includes some fields that might be required.
* Bank account (code)
* Bank account number
* Main account - This is the general ledger account that is used for posting.
* Currency
* SWIFT code
3. Enter Brazil-specific information:
* Select Bank in the Bank groups field. Confirm that the BIC and Corr. Bank account fields are correct.
* Also, confirm Address and Contact information on respective FastTabs and update accordingly.
* Define the number series for payment order generation in the P/O numeration field.
* For bank accounts in foreign currency, you can also define .docx templates for generation of payment orders in paper format in the following fields: Payment order in currency, Order template (currency sale), and Order template (currency purchase).
Reference:
https://docs.microsoft.com/en-us/dynamics365/finance/localizations/rus-local-settings-requisites-bank-module
NEW QUESTION # 46
A company has delinquent customers.
You need to configure Dynamics 365 for Finance and Operations to meet the following requirements:
* Send communication to the customers detailing their past-due invoices.
* Use the system to automatically calculate a late charges,
* Create a group of customers for a collection agent to monitor.
* View a list of customers with colored indicators of a customer's payment status.
You need to associate the correct system functionality to manage delinquent customers based on these business requirements.
Answer:
Explanation:
Explanation
References:
https://docs.microsoft.com/en-us/dynamics365/unified-operations/financials/accounts-receivable/tasks/review-co
NEW QUESTION # 47
Note: This question is part of a series of questions that present the same scenario. Each question in the series contains a unique solution that might meet the stated goals. Some question sets might have more than one correct solution, while others might not have a correct solution.
After you answer a question in this section, you will NOT be able to return to it. As a result, these questions will not appear in the review screen.
You are configuring the year-end setup in Dynamics 365 Finance.
You need to configure the year-end setup to meet the following requirements:
* The accounting adjustments that are received in the first quarter must be able to be posted into the previous year's Period 13.
* The fiscal year closing can be run again, but only the most recent closing entry will remain in the transactions.
* All dimensions from profit and loss must carry over into the retained earnings.
* All future and previous periods must have an On Hold status.
Solution:
* Configure General ledger parameters.
- Set the Delete close of year transactions option to Yes.
- Set the Create closing transactions during transfer option to Yes.
- Set the Fiscal year status to permanently closed option to Yes.
* Define the Year-end close template.
- Designate a retained earnings main account for each legal entity.
- Set the Financial dimensions will be used on the Opening transactions option to Yes.
- Set the Transfer profit and loss dimensions to Close All.
* Set all prior and future Ledger periods to a status of On Hold.
Does the solution meet the goal?
- A. No
- B. Yes
Answer: A
Explanation:
Explanation/Reference:
https://docs.microsoft.com/en-us/dynamics365/unified-operations/financials/general-ledger/year-end-close
NEW QUESTION # 48
A company plans to create a new allocation rule for electric utilities expenses.
The allocation rule must meet the following requirements:
* Distribute overhead utility expense to each department.
* Define how and in what proportion the source amounts must be distributed on various destination lines.
You need to configure the allocation rule.
Which allocation method should you use?
- A. Basis
- B. Equally
- C. Fixed percentage
- D. Fixed weight
Answer: A
Explanation:
Section: Topic 1, Set up and configure financial management
Explanation/Reference:
References:
https://docs.microsoft.com/en-us/dynamics365/unified-operations/financials/general-ledger/ledger-allocation- rules
NEW QUESTION # 49
......
MB-310 Printable PDF: https://www.pass4leader.com/Microsoft/MB-310-exam.html
2023 Latest Pass4Leader MB-310 PDF Dumps and MB-310 Exam Engine Free Share: https://drive.google.com/open?id=1c4EWg4y48PpM9TXxp-MSaIaCCa3mPy-G
