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;

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

Skills measured

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

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Microsoft MB-310 Exam Syllabus Topics: