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Microsoft MB3-003 Exam Syllabus Topics:

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