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Managing Fixed Assets & Budgeting (10-15%):
- Manage and implement fixed assets: the individuals should have the skills in creating fixed assets groups and fixed assets; configuring fixed asset parameters; explaining and configuring fixed asset depreciation and books; enabling integration with purchasing and projects; acquiring, depreciating, and disposing of fixed assets; estimating and performing eliminations of projects to fixed assets; creating fixed asset budgets and transferring budgets to budgeting modules.
- Manage and configure budgeting processes: this topic covers one’s skills in configuring the budgeting components; creating the budget plan; defining the budget planning process and planning a budget; configuring budget controls; creating and configuring registry entries; implementing budget workflows; performing budget checks on journals and documents;
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Certification Path
The best certificate to follow after the associate-level path is the Microsoft Certified: Dynamics 365: Finance and Operations Apps Solution Architect Expert, which will require you to nail one exam and which requires the Dynamics 365 Finance Functional Consultant Associate validation as a prerequisite.
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
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Step 1: Review all the exam information
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Reference: https://docs.microsoft.com/en-us/learn/certifications/exams/mb-310
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Microsoft MB-310 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Manage fixed assets | - Fixed asset lifecycle
|
| Topic 2: Configure and use financial management | - General ledger setup
|
| Topic 3: Manage cash and bank | - Bank account setup
|
| Topic 4: Manage accounts payable and receivable | - Accounts payable processes
|
| Topic 5: Configure and manage tax | - Tax setup and configuration
|
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