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Microsoft MB3-003 Exam Syllabus Topics:

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