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Implementing Accounts Receivables, Collections, Credits, and Revenue Recognitions (20-25%):

• Manage collections and credits: this section requires your skills in configuring credit management procedures; configuring collections management procedures; managing delinquent customers; preparing and sending customer account statements; managing customer credit holds and credit limits; setting up and processing interest notes and collection letters;
• Configure the revenue recognition: this module covers competence in implementing revenue schedules; entering and processing revenue recognition transactions; configuring journals & parameters or revenue recognition.
• Manage and implement account receivable: this subject area comes with the individuals’ competence in setting up customer posting profiles; configuring and processing free text invoices; processing orders, invoices & payments; configuring customer payment setup; configuring account receivable charges;

Official Text Books

Like most of the other Microsoft evaluations, revision guides are important in the preparatory phase. While Microsoft does not have a list of required books for you when it comes to MB-310 prep, a ton of these has been designed to help you better understand the tested concepts. Some of these guides are found on Amazon:

• Using Microsoft Dynamics 365 for Finance and Operations: Learn and Understand Functionality of Microsoft’s Enterprise Solution by Andreas Luszczak

  This material has been designed to offer candidates first-hand knowledge of the concepts and topics needed to pass the official exam. Particularly, it will help you prepare for supply chain, manufacturing as well as financial types of management, which are fundamental topics you'd need to familiarize yourself with if you're to earn this designation. Plus, the concepts are designed in an easy-to-understand, well-written, and engaging format that anyone interested in the finance and supply chain industry would like to know. In addition to covering all of the exam objectives, this book comes with detailed case studies that will help you retain information and facilitate the learning process as a whole.

• Beginners Guide to Dynamics 365 for Finance and Operations, Enterprise Edition by Murray Fife

  Albeit introductory, such a manual welcomes you to the concept of fact boxes, filter lists, navigating with Dynamics 365, etc. Also, it gives you an insight into each of the topics of MB-310 in an easy and well-written manner. More so, here, you’ll get to know what the user interface is including its nuisances, and how to deal with varied Dynamics 365 environments. In case you go so far as to get the material from Amazon, it’s available for roughly $50 as a paperback edition.

• Implementing Microsoft Dynamics 365 for Finance and Operations App by Sandeep Shukla, JJ Yadav, and other

  Well, such a comprehensive book from renowned IT authors takes a deeper look into finance and operations. Lifecycle Services (LCS) have been identified as one of the key topics in the course outline. Thus, the material discusses what LCS entails as well as highlights the necessary tools for managing projects. Besides that, data management, Power BI, the integration of technology, and managing go-live are a few of the other key areas this revision resource covers. So, if you’re intended to tackle all the intricacies of Dynamics 365 for Finance, this material is a way to go.

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

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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).