If you are looking to become an Infor Certified M3 Finance Consultant, passing the M3-123 exam is a critical step towards achieving your certification. This exam is designed to validate your skills and knowledge in finance modules of Infor M3, including general ledger, accounts payable, accounts receivable, cash management, and fixed assets. In this article, we will provide you with all the information you need to know about the M3-123 exam, including its objectives, exam details, prerequisites, and related books.
Exam Objectives:
The Infor M3-123 exam aims to test your proficiency in various areas of finance modules of Infor M3. The exam objectives are as follows:
- Understanding and using the general ledger module, including setting up chart of accounts, journals, and transactions.
- Understanding and using the accounts payable module, including setting up vendors, invoices, payments, and accounting.
- Understanding and using the accounts receivable module, including setting up customers, invoices, payments, and accounting.
- Understanding and using the cash management module, including setting up bank accounts, reconciliations, and payments.
- Understanding and using the fixed assets module, including setting up assets, depreciation, disposals, and reporting.
The M3-123 exam is intended for individuals who have a strong background in finance and accounting, and are familiar with Infor M3 finance modules. It is recommended that candidates have at least 2-3 years of experience working with Infor M3 finance modules before taking the exam.
Exam Details:
The M3-123 exam is a computer-based test that consists of 60 multiple-choice questions. The exam must be completed within 90 minutes. The passing score for the exam is 62%, which means that you need to correctly answer at least 37 out of the 60 questions to pass the exam. The exam is available in English and costs $300 per attempt. The exam can be taken at any Infor authorized testing center or remotely via a proctored exam.
Related Books:
There are several books available that can help you prepare for the M3-123 exam:
- M3 Finance: An Introduction by Infor Education
- Infor M3 Financial Accounting by Per Åkerberg and Alexander Delahunty
- Infor M3 Accounts Payable by Lasse Hyyrynen
- Infor M3 Accounts Receivable by Lasse Hyyrynen
- Infor M3 Cash Management by Lasse Hyyrynen
- Infor M3 Fixed Assets by Lasse Hyyrynen
These books cover all the topics and concepts that are included in the M3-123 exam. They are written by experts who have extensive knowledge and experience in Infor M3 finance modules. You can use these books to supplement your knowledge and help you prepare for the exam.
In conclusion, passing the M3-123 exam is a critical step towards becoming an Infor Certified M3 Finance Consultant. By understanding the exam objectives, exam details, prerequisites, and related books, you can be better prepared to take and pass the exam. With the right knowledge and preparation, you can successfully pass the M3-123 exam and achieve your certification.