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Microsoft MB3-003 Exam Syllabus Topics:

SectionObjectives
Reporting and Analysis- Data analysis
  • 1. Performance tracking
    • 2. Financial summarization
      - Standard reporting
      • 1. Project status reports
        • 2. Cost and budget variance reports
          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
                  Billing and Revenue Recognition- Revenue tracking
                  • 1. Revenue recognition rules
                    • 2. Project profitability analysis
                      - Project billing setup
                      • 1. Billing cycles and methods
                        • 2. Invoice generation
                          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
                                  Time and Expense Management- Time entry processing
                                  • 1. Timesheet entry and approval
                                    • 2. Labor cost allocation
                                      - Expense processing
                                      • 1. Reimbursement and posting
                                        • 2. Expense entry workflows

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