Skills measured

• Set up and configure financial management (50-55%)
• 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.
• Implement and manage accounts payable and expenses (10-15%)
• Implement accounts receivable, credit, collections, and revenue recognition (20-25%)
• Manage budgeting and fixed assets (10-15%)

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

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

• 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;
• 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.

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