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Microsoft MB3-860 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Project Setup and Configuration | 25% | - Billing Rules and Rate Structures - Project Cards and Classifications - Project Budgets and Forecasts - Cost Categories and Cost Types |
| Topic 2: Project Transactions and Cost Management | 30% | - Material Usage and Inventory Allocation - Cost Accrual and Adjustments - Equipment and Labor Cost Posting - Time and Expense Entry |
| Topic 3: Project Reporting and Closing | 20% | - Project Status and Profitability Reports - Project Closing Procedures - Work in Progress (WIP) Management - Integration with General Ledger |
| Topic 4: Project Billing and Revenue Recognition | 25% | - Invoice Generation and Posting - Fixed Price and Time & Materials Billing - Revenue Recognition Methods - Retention and Progress Billing |
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