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Advanced Financial Management Intermediate

The Advanced Financial Management course by Microsoft equips Dynamics 365 Finance Functional Consultants, Business Analysts, and Financial Operations specialists with advanced skills to streamline complex financial processes, reduce month-end closing times, and ensure compliance. With 40–45% of the MB-310 exam focused on financial management, professionals gain verified expertise in general ledger, budgeting, fixed assets, and intercompany accounting—addressing the growing demand as Microsoft Dynamics 365 adoption rises across 182 countries.

This course prepares learners for the Microsoft Certified: Dynamics 365 Finance Functional Consultant Associate credential, which requires passing the 100-minute MB-310 exam with a 700/1000 passing score. Koenig Solutions provides official Microsoft courseware and Guaranteed-to-Run schedules, ensuring you train with authorized content and never face cancellations—empowering you to advance into high-impact finance leadership roles.

24 Hours (3 Days)
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1+ professionals trained

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1-on-1 USD 2,210
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Public Batch USD 1,700
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Self-Paced USD 199
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Course Overview

The Microsoft Advanced Financial Management course is designed for professionals preparing for the MB-310: Microsoft Dynamics 365 Finance Functional Consultant exam, a key credential for roles such as Dynamics 365 Functional Consultant, Financial Business Analyst, and ERP Solutions Architect. This course provides in-depth coverage of financial operations within Dynamics 365 Finance, including general ledger configuration, accounts payable and receivable, budgeting, fixed assets, cash and bank management, and financial reporting. With Microsoft Dynamics 365 holding a 25.9% share of the global ERP market, demand for certified professionals remains strong, particularly among Microsoft partners like Accenture, Deloitte, and KPMG, where over 5,000 job postings for D365 Finance consultants are active across North America at any given time.

Participants engage with core Microsoft tools such as Dynamics 365 Finance, the Azure-hosted Finance and Operations environment, Power BI for financial analytics, and the Power Platform for workflow automation. The hands-on lab component, conducted in the Dynamics 365 sandbox environment, enables students to configure a full general ledger system, set up multi-currency accounts, define fiscal calendars and financial dimensions, and manage intercompany transactions. A key real-world project involves simulating a month-end closing process, including accruals, allocations, and financial statement generation, providing practical experience in compliance with GAAP and IFRS standards. These labs mirror actual implementation scenarios faced by consultants in manufacturing and distribution sectors, ensuring readiness for enterprise deployments.

This course prepares learners for the Microsoft Certified: Dynamics 365 Finance Functional Consultant Associate certification, widely recognized by enterprises and consulting firms for its rigor and alignment with industry best practices. Certified professionals command competitive salaries, with mid-career consultants earning between $110,000 and $145,000 annually in North America, reflecting a 10–15% premium over general ERP roles. Koenig Solutions enhances this preparation with 1-on-1 training options and a Happiness Guarantee, ensuring personalized support and satisfaction. Upon completion, graduates are positioned to lead financial transformation projects, drive digital adoption in enterprise finance, and advance into senior consulting or architecture roles within the Microsoft ecosystem.

What You'll Learn

Configure financial dimensions within MB-310: Microsoft Dynamics 365 Finance to reduce reporting latency by 15 percent. Establish general ledger structures to decrease month-end close time by 20 percent through standardized posting profiles. Utilize Electronic Reporting tools to automate accounts payable and receivable workflows and eliminate manual entry errors. Configure Budget Control modules to enforce real-time spending limits and improve forecast accuracy. Deploy fixed asset management features to automate depreciation schedules and ensure regulatory compliance. Implement automated reconciliation rules within the Cash and Bank Management module to reduce manual transaction matching by 30 percent.

Prerequisites

Recommended knowledge before taking this course
  • Completion of MB-300: Microsoft Dynamics 365: Core Finance and Operations to establish the necessary technical foundation for MB-310: Microsoft Dynamics 365 Finance.
  • Foundational knowledge of finance and accounting principles essential for mastering MB-310: Microsoft Dynamics 365 Finance by Microsoft.
  • Technical proficiency in navigating the Dynamics 365 Finance interface and managing complex financial data structures.
  • Understanding of general ledger configuration within Dynamics 365 Finance to ensure accurate financial reporting.
  • Knowledge of financial dimensions and chart of accounts to facilitate detailed financial analysis.
  • Experience with fiscal calendars and period-end closing procedures to ensure compliance and accuracy in financial statements.
  • Access to a Dynamics 365 Finance sandbox or trial environment to perform required hands-on lab practice.
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Certification Exam

Everything you need to know about the Advanced Financial Management certification exam

Exam Details
Exam Name
Advanced Financial Management
Exam Cost
$165
Format
Multiple choice, labs & case studies
Questions
Duration
Passing Score
Validity
Retake Policy
If you do not pass the exam on your first attempt, you must wait 24 hours before retaking it. Subsequent attempts follow the standard Microsoft certification retake policy.
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Course Curriculum

Structured learning with hands-on labs and real-world scenarios

1
Day 1– Dynamics 365 Finance: General Ledger and Financial Setup
Configure Legal Entities and Ledger Calendars in D365 Finance (MB-310) Configure global currencies and exchange rates Design fiscal calendars and accounting periods Structure your D365 Finance Chart of Accounts Define critical financial dimensions and dimension sets Build robust account structures and advanced rules Initialize General Ledger module and journal types Execute daily General Ledger financial procedures
2
Day 2– Intercompany, Allocations, and Periodic Processes
Configure D365 Finance intercompany accounting workflows Post complex intercompany financial journal entries Automate General Ledger accrual management Define advanced financial allocation rules Streamline D365 Finance financial period close Reconcile bank statements with precision Execute automated year-end closing processes Perform accurate foreign currency revaluation
3
Day 3– Accounts Receivable, Collections, and Payable
Configure D365 Finance Accounts Receivable components Optimize customer posting profile settings Streamline D365 Finance free text invoicing Record and track customer payment cycles Implement D365 Finance credit management strategies Generate detailed financial aging reports Master D365 Finance Accounts Payable architecture Process vendor payments and settlement tasks
4
Day 4– Budgeting, Fixed Assets, and Reporting
Configure D365 Finance Budgeting and Planning Design efficient budget planning workflows Define fiscal budget cycles and spans Configure D365 Finance Fixed Assets parameters Manage fixed asset acquisition and depreciation Execute fixed asset disposal procedures Generate comprehensive Financial Reporting (formerly Management Reporter) and Electronic Reporting Use Tax Engine and analytics for strategic financial decisions

What's Included in Your Training

Every enrollment comes packed with resources to maximise your learning and exam success

Hands-On Lab

Live Lab Sandbox

Real Environment

Practice in a real lab environment with full access to the tools and services covered in the course.

30+ Guided Labs

30+

Step-by-step lab exercises designed to reinforce each module with practical, hands-on tasks.

Lab Manual Included

Full Guide

Comprehensive lab guide with detailed instructions, screenshots, and troubleshooting tips.

Post-Training Access

30 Days

30 days of extended lab access after your training ends so you can continue practicing.

Career Outcomes

78%

of Advanced Financial Management certified professionals report career advancement within 6 months

Salary Impact

+22%

Average salary increase reported after obtaining the Advanced Financial Management certification

Typical Salary Range (Global)
Entry$90,000–$115,000
Mid$115,000–$145,000
Senior$145,000–$180,000

*Source: Glassdoor / LinkedIn 2025

Job Roles

6
  • Dynamics 365 Finance Functional Consultant
  • Financial Systems Analyst
  • ERP Finance Consultant
  • Finance Solution Architect
  • Senior Financial Operations Analyst
  • Dynamics 365 Implementation Consultant

Companies Hiring

5,000+
Microsoft Accenture Deloitte PwC EY KPMG Infosys Tata Consultancy Services Capgemini Cognizant

and 5,000+ organizations worldwide seeking Advanced Financial Management certified professionals

Real Transformations

Course Student Reviews

Real results from IT professionals who trained with Koenig — rated 4.9/5 from 18,400+ verified reviews.

18,400+
Verified Reviews
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    “SC-900 and SC-300 back to back — both cleared first try. The security curriculum at Koenig is incredibly thorough and up to date.”

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    Engineering Manager

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  • ★★★★★

    “Passed AZ-104 on first attempt. The MCT knew the exact exam patterns and the labs were exactly what Microsoft tests. Worth every penny.”

    Rahul M.

    Rahul M.

    Azure Administrator

    AZ-104 Certified ✓ Verified
  • ★★★★★

    “I trained 15 of my team members for SC-200. Koenig's on-site delivery was seamless and all 15 passed within 3 months.”

    Sarah K.

    Sarah K.

    CISO, Financial Services

    Enterprise Client ✓ Verified
  • ★★★★★

    “The 1-on-1 format was a game changer. My trainer adjusted the pace to my schedule and I cleared PL-300 while working full-time.”

    Ahmed R.

    Ahmed R.

    Business Intelligence Lead

    PL-300 Certified ✓ Verified
  • ★★★★★

    “From AZ-900 to AZ-305 in 6 months. Koenig's structured roadmap and MCT mentoring made the expert level achievable.”

    Priya S.

    Priya S.

    Cloud Solutions Architect

    AZ-305 Expert ✓ Verified
  • ★★★★★

    “As an L&D head I've used 5 training vendors. Koenig's MCT quality, MOC materials, and ESI compliance is in a different league.”

    James T.

    James T.

    Head of L&D, UK Enterprise

    100+ Learners Trained ✓ Verified
  • ★★★★★

    “SC-900 and SC-300 back to back — both cleared first try. The security curriculum at Koenig is incredibly thorough and up to date.”

    Aisha N.

    Aisha N.

    Security Analyst

    SC-300 Certified ✓ Verified
  • ★★★★★

    “AI-102 was daunting but the trainer broke it down perfectly. Real Azure OpenAI labs made the difference. Highly recommend.”

    David L.

    David L.

    AI Engineer

    AI-102 Certified ✓ Verified
  • ★★★★★

    “DP-600 Fabric certification done in 3 weeks of part-time study. The customised schedule around my timezone was a lifesaver.”

    Mei W.

    Mei W.

    Data Platform Engineer

    DP-600 Certified ✓ Verified
  • ★★★★★

    “Our whole DevOps team got AZ-400 certified through Koenig's corporate training. Smooth logistics and top-tier MCTs throughout.”

    Carlos R.

    Carlos R.

    Engineering Manager

    AZ-400 Team Training ✓ Verified
  • ★★★★★

    “Passed AZ-104 on first attempt. The MCT knew the exact exam patterns and the labs were exactly what Microsoft tests. Worth every penny.”

    Rahul M.

    Rahul M.

    Azure Administrator

    AZ-104 Certified ✓ Verified
  • ★★★★★

    “I trained 15 of my team members for SC-200. Koenig's on-site delivery was seamless and all 15 passed within 3 months.”

    Sarah K.

    Sarah K.

    CISO, Financial Services

    Enterprise Client ✓ Verified
  • ★★★★★

    “The 1-on-1 format was a game changer. My trainer adjusted the pace to my schedule and I cleared PL-300 while working full-time.”

    Ahmed R.

    Ahmed R.

    Business Intelligence Lead

    PL-300 Certified ✓ Verified
  • ★★★★★

    “Passed AZ-104 on first attempt. The MCT knew the exact exam patterns and the labs were exactly what Microsoft tests. Worth every penny.”

    Rahul M.

    Rahul M.

    Azure Administrator

    AZ-104 Certified ✓ Verified
  • ★★★★★

    “I trained 15 of my team members for SC-200. Koenig's on-site delivery was seamless and all 15 passed within 3 months.”

    Sarah K.

    Sarah K.

    CISO, Financial Services

    Enterprise Client ✓ Verified
  • ★★★★★

    “The 1-on-1 format was a game changer. My trainer adjusted the pace to my schedule and I cleared PL-300 while working full-time.”

    Ahmed R.

    Ahmed R.

    Business Intelligence Lead

    PL-300 Certified ✓ Verified
  • ★★★★★

    “From AZ-900 to AZ-305 in 6 months. Koenig's structured roadmap and MCT mentoring made the expert level achievable.”

    Priya S.

    Priya S.

    Cloud Solutions Architect

    AZ-305 Expert ✓ Verified
  • ★★★★★

    “As an L&D head I've used 5 training vendors. Koenig's MCT quality, MOC materials, and ESI compliance is in a different league.”

    James T.

    James T.

    Head of L&D, UK Enterprise

    100+ Learners Trained ✓ Verified
  • ★★★★★

    “SC-900 and SC-300 back to back — both cleared first try. The security curriculum at Koenig is incredibly thorough and up to date.”

    Aisha N.

    Aisha N.

    Security Analyst

    SC-300 Certified ✓ Verified
  • ★★★★★

    “From AZ-900 to AZ-305 in 6 months. Koenig's structured roadmap and MCT mentoring made the expert level achievable.”

    Priya S.

    Priya S.

    Cloud Solutions Architect

    AZ-305 Expert ✓ Verified
  • ★★★★★

    “As an L&D head I've used 5 training vendors. Koenig's MCT quality, MOC materials, and ESI compliance is in a different league.”

    James T.

    James T.

    Head of L&D, UK Enterprise

    100+ Learners Trained ✓ Verified
  • ★★★★★

    “SC-900 and SC-300 back to back — both cleared first try. The security curriculum at Koenig is incredibly thorough and up to date.”

    Aisha N.

    Aisha N.

    Security Analyst

    SC-300 Certified ✓ Verified
  • ★★★★★

    “AI-102 was daunting but the trainer broke it down perfectly. Real Azure OpenAI labs made the difference. Highly recommend.”

    David L.

    David L.

    AI Engineer

    AI-102 Certified ✓ Verified
  • ★★★★★

    “DP-600 Fabric certification done in 3 weeks of part-time study. The customised schedule around my timezone was a lifesaver.”

    Mei W.

    Mei W.

    Data Platform Engineer

    DP-600 Certified ✓ Verified
  • ★★★★★

    “Our whole DevOps team got AZ-400 certified through Koenig's corporate training. Smooth logistics and top-tier MCTs throughout.”

    Carlos R.

    Carlos R.

    Engineering Manager

    AZ-400 Team Training ✓ Verified
  • ★★★★★

    “AI-102 was daunting but the trainer broke it down perfectly. Real Azure OpenAI labs made the difference. Highly recommend.”

    David L.

    David L.

    AI Engineer

    AI-102 Certified ✓ Verified
  • ★★★★★

    “DP-600 Fabric certification done in 3 weeks of part-time study. The customised schedule around my timezone was a lifesaver.”

    Mei W.

    Mei W.

    Data Platform Engineer

    DP-600 Certified ✓ Verified
  • ★★★★★

    “Our whole DevOps team got AZ-400 certified through Koenig's corporate training. Smooth logistics and top-tier MCTs throughout.”

    Carlos R.

    Carlos R.

    Engineering Manager

    AZ-400 Team Training ✓ Verified

Frequently Asked Questions

Everything you need to know about the Advanced Financial Management training course

Is the certification exam included in the Advanced Financial Management training by Microsoft, and what is the cost?
The certification exam is not included in the Advanced Financial Management course and requires separate purchase. The Microsoft MB-310 exam costs $165 USD, with regional pricing variations. Candidates schedule proctored exams via Pearson VUE, where specific academic or regional discounts may apply based on eligibility.
What training formats are available for the Advanced Financial Management course, and is there a Guaranteed-to-Run option?
Koenig offers live online 1-on-1, classroom, and public instructor-led training for Advanced Financial Management with Guaranteed-to-Run scheduling. This ensures your course runs on the confirmed date even with one participant, providing busy professionals the flexibility to attend weekend or weekday sessions as their schedule demands.
How long is lab access provided, and what environment is used for the Advanced Financial Management course?
Lab access is provided for 30 days using Microsoft-hosted cloud sandbox environments. These hands-on labs allow learners to master configuring Dynamics 365 Finance, including general ledger, accounts payable, accounts receivable, budgeting, and fixed assets within a secure, real-world simulation environment designed for practical skill acquisition.
What is the rescheduling and cancellation policy for the Advanced Financial Management course at Koenig Solutions?
Koenig allows free rescheduling with at least 7 days' notice; cancellations within 7 days incur a 15% fee. Rescheduling within 72 hours of the start date incurs a 25% fee. This policy ensures scheduling integrity for all Guaranteed-to-Run batches while providing necessary flexibility for your professional commitments.
What is the format, number of questions, passing score, and time limit for the Advanced Financial Management certification exam?
The MB-310 exam features 40–60 questions, including multiple-choice, case studies, and interactive labs, with a 100-minute limit. A passing score of 700 out of 1000 is required to validate your expertise in financial management, accounts payable, accounts receivable, budgeting, and fixed assets within Dynamics 365 Finance.
How long is the Microsoft Advanced Financial Management certification valid, and what is the renewal process and cost?
The certification is valid for one year. Renewal requires passing a free online assessment on Microsoft Learn. The assessment, available six months before expiration, covers updates to Dynamics 365 Finance and takes about 45 minutes, with no limit on retake attempts to ensure your credentials remain current.
What post-training support does Koenig provide after completing the Advanced Financial Management course?
Koenig provides 30 days of post-training mentor support, access to recorded sessions, and a digital course attendance certificate. Learners also receive expert exam preparation guidance and can retake the same batch free of charge within six months if needed, ensuring comprehensive support for your professional success.
What are the prerequisites or recommended experience for enrolling in the Advanced Financial Management course?
Candidates should have a foundational understanding of accounting principles and experience with financial operations in ERP systems. Microsoft recommends prior completion of the MB-300 (Core Finance and Operations) exam or equivalent experience in Dynamics 365 Finance, including exposure to general ledger, budgeting, and core accounts management tasks.
What career impact and salary increase can professionals expect after completing the Advanced Financial Management certification?
Professionals with the Microsoft Dynamics 365 Finance certification earn an average salary of $95,000–$120,000 annually, with high demand for Functional Consultants and Finance Managers. Certification holders report a 20–30% career advancement rate, including new promotions and lucrative consulting opportunities in the global enterprise software market.
How does instructor-led training for Advanced Financial Management compare to self-study for exam success and retention?
Instructor-led training at Koenig yields a 92% exam pass rate versus 65% for self-study, utilizing structured labs and real-time expert guidance. Learners benefit from Guaranteed-to-Run schedules and post-training support, which significantly improves practical skill application and long-term retention compared to independent, unguided study methods.
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