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Microsoft MB4-161 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Project Costing and Analysis15%- Adjust project costs and commitments
- Run project profitability reports
- Track actual vs budgeted costs
Topic 2: Project Setup and Configuration25%- Configure project budgets and forecasts
- Set up billing rules and rate tables
- Define project types and structures
Topic 3: Integration and Administration10%- Perform system maintenance
- Integrate with General Ledger and Payables
- Set user security and permissions
Topic 4: Time and Expense Management25%- Enter and approve time sheets
- Integrate time entries with projects
- Process expense reports
Topic 5: Project Billing and Revenue Recognition25%- Generate customer invoices
- Apply revenue recognition methods
- Manage retainers and advances

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