Skills measured

• Implement and manage accounts payable and expenses (10-15%)
• Implement accounts receivable, credit, collections, and revenue recognition (20-25%)
• The content of this exam will be updated on August 27, 2021. Please download the exam skills outline below to see what will be changing.
• Set up and configure financial management (50-55%)
• Manage budgeting and fixed assets (10-15%)

Step 6: Enjoy self-evaluation time

The last step of any successful preparation process involves self-evaluation. Take several practice tests so that you can diversify your study strategy in order to ensure the best results. When you analyze your answers, you will be able to find out what areas you should still give special attention to. Taking practice tests will also help you become aware of your alignment with the objectives of the actual exam.

Implementing & Managing Accounts Payables and Expenses (10-15%):

• Configure & utilize expense management: this topic covers the skills in configuring workflow for expense management; configuring expense management, such as per diem options, personal expenses, categories, and mileage expenses; explaining the use cases for expense management policies as well as an Audit workbench; explaining and configuring credit card processing; managing expense reports.
• Manage and implement account payables: this domain requires competence in configuring validation policies for the invoice; setting up posting profiles for vendors; processing orders, payments, and invoices; configuring Vendor Collaborations modules; configuring account payable charges; configuring vendor payments, such as payment calendars and positive pay;

Career Bonuses

The Microsoft certifications are among the most highly regarded options in the IT industry. Therefore, after passing the MB-310 exam and getting certified, you will open a lot of new doors of the opportunities for you. You will qualify to apply for several job roles. Some of these positions are listed below:

• System Engineer;
• Functional Consultant.
• Solutions Architect;
• Project Manager;

The average salary for these professionals can be about $119,000 per annum.

Reference: https://docs.microsoft.com/en-us/learn/certifications/exams/mb-310

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