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Microsoft MB3-003 Exam Syllabus Topics:

SectionObjectives
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
          Reporting and Analysis- Standard reporting
          • 1. Project status reports
            • 2. Cost and budget variance reports
              - Data analysis
              • 1. Financial summarization
                • 2. Performance tracking
                  Project Creation and Maintenance- Project setup
                  • 1. Project budgets and status management
                    • 2. Project types and classes
                      - Cost tracking structure
                      • 1. Cost categories and cost types
                        • 2. Resource allocation
                          Billing and Revenue Recognition- Revenue tracking
                          • 1. Project profitability analysis
                            • 2. Revenue recognition rules
                              - Project billing setup
                              • 1. Invoice generation
                                • 2. Billing cycles and methods
                                  Project Accounting Setup- System configuration and initialization
                                  • 1. Company and module setup
                                    • 2. Posting setup and options
                                      - Security and access setup
                                      • 1. User roles and permissions
                                        • 2. Project security settings

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