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Microsoft MB3-003 exam : Great Plains Project Series v.7.0

MB3-003 Exam Simulator
  • Exam Code: MB3-003
  • Exam Name: Great Plains Project Series v.7.0
  • Updated: Jul 19, 2026
  • Q & A: 100 Questions and Answers

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Microsoft MB3-003 Exam Syllabus Topics:

SectionObjectives
Topic 1: Time and Expense Management- Time entry processing
  • 1. Labor cost allocation
    • 2. Timesheet entry and approval
      - Expense processing
      • 1. Expense entry workflows
        • 2. Reimbursement and posting
          Topic 2: Billing and Revenue Recognition- Project billing setup
          • 1. Billing cycles and methods
            • 2. Invoice generation
              - Revenue tracking
              • 1. Project profitability analysis
                • 2. Revenue recognition rules
                  Topic 3: Reporting and Analysis- Data analysis
                  • 1. Financial summarization
                    • 2. Performance tracking
                      - Standard reporting
                      • 1. Project status reports
                        • 2. Cost and budget variance reports
                          Topic 4: Project Accounting Setup- Security and access setup
                          • 1. User roles and permissions
                            • 2. Project security settings
                              - System configuration and initialization
                              • 1. Company and module setup
                                • 2. Posting setup and options
                                  Topic 5: 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

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