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Microsoft MB3-003 Exam Syllabus Topics:

SectionObjectives
Topic 1: Reporting and Analysis- Data analysis
  • 1. Performance tracking
    • 2. Financial summarization
      - Standard reporting
      • 1. Project status reports
        • 2. Cost and budget variance reports
          Topic 2: Billing and Revenue Recognition- Project billing setup
          • 1. Invoice generation
            • 2. Billing cycles and methods
              - Revenue tracking
              • 1. Revenue recognition rules
                • 2. Project profitability analysis
                  Topic 3: Time and Expense Management- Time entry processing
                  • 1. Labor cost allocation
                    • 2. Timesheet entry and approval
                      - Expense processing
                      • 1. Reimbursement and posting
                        • 2. Expense entry workflows
                          Topic 4: Project Accounting Setup- System configuration and initialization
                          • 1. Posting setup and options
                            • 2. Company and module setup
                              - Security and access setup
                              • 1. Project security settings
                                • 2. User roles and permissions
                                  Topic 5: Project Creation and Maintenance- Project setup
                                  • 1. Project budgets and status management
                                    • 2. Project types and classes
                                      - Cost tracking structure
                                      • 1. Resource allocation
                                        • 2. Cost categories and cost types

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