The Microsoft MB-820 exam, also known as the Microsoft Dynamics 365 Finance Functional Consultant Expert certification, is a key step for professionals looking to advance their careers as functional consultants in Microsoft Dynamics 365 Finance. This exam is designed to validate the skills and knowledge required to configure and implement financial management processes within Dynamics 365, making it an essential credential for those specializing in business finance solutions. For candidates preparing for the exam, utilizing resources such as <span style="box-sizing: border-box; margin: 0px; padding: 0px;">the Microsoft</span> Dynamics 365 Business Central Developer Exam Questions and Answers PDF can provide valuable insights into the types of questions that may be encountered.

Importance of the MB-820 Exam

The MB-820 certification showcases your expertise in managing finances, maintaining compliance, and optimizing financial operations in Dynamics 365 Finance. It demonstrates your ability to streamline financial workflows, integrate solutions, and manage data security. For companies using Dynamics 365, hiring certified professionals ensures the effective use of financial software, improving overall business efficiency.

Exam Format

The MB-820 exam typically features:

Duration: 120 minutes

Number of Questions: 40-60 questions

Question Types: Multiple-choice, scenario-based, drag-and-drop, and case studies.

Passing Score: 700/1000

Cost: USD $165 (subject to change)

Languages: Available in English and other languages.

Target Audience

This exam is designed for functional consultants, financial managers, and accounting professionals who are responsible for implementing and configuring financial workflows within Dynamics 365 Finance. Prior experience with Microsoft Dynamics 365 Finance, accounting principles, and enterprise resource planning (ERP) is highly recommended before attempting the exam.

Microsoft Dynamics 365 Business Central Developer Exam Topics

The MB-820 exam focuses on five key areas of Dynamics 365 Finance:

1. Configure and Use Essentials in Dynamics 365 Finance

Managing core financials like ledger accounts, transactions, and fiscal calendars.

Setting up currency exchange rates, bank accounts, and managing cash flow.

Understanding tax setup, including sales tax, VAT, and regulatory compliance.

2. Implement Accounts Payable and Accounts Receivable

Setting up accounts payable and managing vendor invoices, payments, and settlements.

Configuring accounts receivable, processing customer invoices, and managing collections.

Handling billing processes, payments, and customer credit limits.

3. Manage Budgeting and Financial Reporting

Defining budgeting controls, allocating funds, and setting up budget models.

Using financial dimensions to organize data for financial reporting.

Creating reports using the built-in financial reporting tools in Dynamics 365 Finance.

4. Implement and Configure Fixed Assets

Setting up fixed asset groups, acquisition methods, and depreciation profiles.

Managing asset transactions such as acquisitions, transfers, and disposals.

Creating financial reports for assets, managing asset depreciation, and regulatory compliance.

5. Configure and Manage Expense Management

Setting up expense categories, policies, and workflows.

Managing expense submissions, approvals, and settlements.

Configuring corporate credit cards and tracking employee expenditures.

Official Preparation Resources

To effectively prepare for the MB-820 exam, here are some recommended resources:

1. Microsoft Learn

Microsoft&rsquo;s official learning platform provides free, self-paced learning paths for Dynamics 365 Finance. These paths cover all exam topics in detail with interactive labs.

URL: Microsoft Learn for MB-820

2. Microsoft Dynamics 365 Documentation

The official documentation offers in-depth articles on every feature of Dynamics 365 Finance. It&rsquo;s a valuable resource for understanding the technical aspects of the platform.

URL:Dynamics 365 Finance Documentation

3. Books

"Mastering Microsoft Dynamics 365 Finance" by Mohamed Aamer provides comprehensive coverage of the core financial features and functionalities of Dynamics 365 Finance.

"Microsoft Dynamics 365 Core Finance and Operations" by Andreas Luszczak offers a clear guide to understanding the practical use of Dynamics 365 in financial operations.

4. Online Courses and Video Lectures

LinkedIn Learning provides Dynamics 365 training modules led by industry experts. YouTube channels like D365 Demystified and ERP Gold also offer free video tutorials.

Practice Questions from Study4Exam

Study4Exam offers a robust collection of practice questions that help candidates assess their knowledge and readiness for the MB-820 exam. These Microsoft Dynamics 365 Business Central Developer Exam sample Questions simulate the real exam environment, helping candidates manage their time efficiently. Additionally, answering Microsoft Dynamics 365 Business Central Developer Exam practice questions builds concept clarity, allowing candidates to understand the underlying principles and apply them in practical scenarios.

Frequently Asked Questions (FAQs)

How long should I study for the MB-820 exam?

The ideal study duration depends on your experience. For individuals already working with Dynamics 365, 4-6 weeks of consistent study (10-15 hours per week) is recommended. New learners may require 8-10 weeks of study.

Can I take the MB-820 exam online?

Yes, Microsoft allows you to take the MB-820 exam either in person at a testing center or online through their Proctored Exam option. Be sure to check that your testing environment meets the technical requirements for the online option.

Sample Questions from Microsoft Dynamics 365 Business Central Developer Exam Questions and Answers PDF

Question 1: Managing Fixed Assets

You need to configure fixed asset depreciation in Dynamics 365 Finance. What should you set up first?

A. Fixed asset books

B. Depreciation profiles

C. Fixed asset journals

D. Depreciation transactions

Answer: B. Depreciation profiles

Question 2: Expense Management Configuration

Which of the following is necessary to configure employee expense policies?

A. Define expense report workflows

B. Set up fixed asset journals

C. Create corporate credit card categories

D. Configure tax settlement periods

Answer: A. Define expense report workflows

Study Plan

Weekly Breakdown (6 Weeks Plan)

Week 1: Introduction to Dynamics 365 Finance

Overview of financial management and core functionalities.

Study ledger accounts, fiscal calendars, and tax setup.

Week 2: Accounts Payable and Accounts Receivable

Vendor setup, invoice workflows, and payment processing.

Customer invoices, collections, and billing procedures.

Week 3: Budgeting and Financial Reporting

Explore budgeting models, financial dimensions, and report generation.

Week 4: Fixed Assets

Configuration of fixed asset groups, depreciation profiles, and transactions.

Week 5: Expense Management

Set up expense categories, manage workflows, and configure corporate credit cards.

Week 6: Review and Practice

Review key topics and concepts.

Take practice exams and review explanations for missed questions.

Daily Study Routine (2-3 Hours/Day)

Day 1-4: Read and understand the topics outlined for the week. Use Microsoft Learn and Dynamics 365 documentation to study the concepts in-depth.

Day 5: Watch video tutorials to reinforce the week&rsquo;s topic.

Day 6: Apply the learned concepts with hands-on labs in a Dynamics 365 Finance demo environment.

Day 7: Take practice questions from Study4Exam related to the week&rsquo;s topic and review the correct answers.

Conclusion

The Microsoft MB-820 exam is a crucial certification for anyone looking to specialize in financial operations within Dynamics 365 Finance. Success on the exam requires a structured preparation plan, focused on understanding the core functionalities of Dynamics 365 Finance, supported by the right resources such as Microsoft Learn, video lectures, and hands-on practice. By following a disciplined study schedule and using Microsoft Dynamics 365 Business Central Developer Exam Questions and Answers PDF to gauge your readiness, you can confidently approach the exam and earn your certification.

Preparing for the Scripting-and-Programming-Foundations exam requires focused study and effective resources. Many candidates struggle without proper guidance or practice. The Scripting-and-Programming-Foundations Exam Questions help you understand the exam format, identify weak areas, and reinforce key concepts. Regular practice builds confidence, improves problem-solving skills, and reduces test-day anxiety. For accurate and updated study material to achieve success on the first attempt, professionals rely on <strong data-start="722" data-end="734">ACE4Sure.