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Microsoft MB3-207 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Project Costing and Accounting | 20% | - Cost posting and adjustments - Direct and indirect cost tracking - Project closing procedures - Work in progress (WIP) accounting |
| Topic 2: Time and Expense Management | 20% | - Timesheet integration with payroll - Expense entry and reimbursement - Cost allocation and distribution - Time entry and approval |
| Topic 3: Billing, Revenue and Reporting | 15% | - Creating project invoices - Standard and custom reports - Project profitability analysis - Revenue recognition methods |
| Topic 4: Project Setup and Configuration | 25% | - Project types and categories - Billing and revenue recognition setup - Project setup and parameters - Integration with General Ledger |
| Topic 5: Project Budgeting and Forecasting | 20% | - Budget revisions and versions - Creating and maintaining project budgets - Forecasting costs and revenue - Budget vs actual analysis |
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