Simpro Premium FINANCE PROFESSIONAL certification
Virtual Proctor exam
Prerequisite: None
SUMMARY
The Simpro Premium Finance Professional Certification exam is designed to verify the candidates’ skills and knowledge in handling various aspects of: external customer interactions; supplier and contractor invoices and necessary payments; preparing reports, statements and financial documents; and dealing with the relevant tax offices. Typically, candidates post and reconcile financial details with their accounting system. They typically have a minimum 2 years experience applying this knowledge in Simpro Premium.
We recommend that you review all of the contents within this page to make sure you feel ready to take the exam.
About the exam
Format
- 50 multiple-choice questions
- Closed book
- Proctored
- Online
Total Time To Complete The Exam
75 minutes
Exam: 60 minutes
Tutorial: 10 minutes
Non-Disclosure Agreement: 5 minutes
Cost
Introductory offer
AUD $125 ext GST
Validity
12 months
Prerequisites
None
Language
English
Exam Outline
We highly recommend that you review the section weightings and exam topics to focus your studying and increase your odds of success.
The table provided below outlines the primary content domains and their corresponding weights. This table is followed by the comprehensive exam content outline, which offers further context.
DOMAIN
% OF EXAM
Domain 1. System Setup
26%
Configure accounts setup
6%
- Chart of accounts configuration
- Cost centers configuration
- Payment methods configuration
- Tax codes application
Configure defaults
4%
- System defaults configuration
- Financial defaults configuration
Configure labor
4%
- Labor rates and company overhead configuration
- Service fees configuration
Configure materials
4%
- Pricing tiers configuration
- Pricing hierarchy application
Configure additional features
4%
- Reporting filters configuration
- Financial tracking configuration
- Knowledge of additional financial features
Configure payroll settings
4%
- Schedule rates and timesheet defaults configuration
- Activities configuration
- Payroll settings in card files configuration
Domain 2. Invoicing
20%
Review job for invoicing
8%
- Work order/job card approval
- Parts and labor review
- Job details review
Create customer invoices
8%
- Knowledge of invoice types
- Invoice creation
- Additional invoicing capabilities
- Sending invoices
Create recurring invoices
4%
- Recurring invoice template creation
- Recurring invoice creation
- Recurring invoice template management
Domain 3. Managing Receivables
16%
Create customer payments
2%
- Payment creation
- Payments import
Create customer credits
6%
- Invoice credit creation
- Standalone credit creation
- Void invoice creation
Manage customer card
6%
- Statement generation
- Credits on customer statement
- Customer card financial configuration
Manage post invoice process
2%
- Bulk sending of invoices
- Aged receivables management
- Retention claim invoice generation
Domain 4. Managing Payables
18%
Manage vendor/supplier invoices
12%
- Vendor/supplier invoice processing
- Back order management
- Vendor/supplier credit creation
Manage contractor invoices
6%
- Contractor invoice creation and management
- Contractor variance creation and application
- Contractor retainage/retention invoice creation
Domain 5. Reporting and Reconciliation
20%
Generate financial reports
8%
- Knowledge of reports
- Standard report generation
- Scheduled report setup
Generate reports for reconciliation
6%
- Knowledge of reports for reconciliation
- Inventory value management
- Using accounting transactions report
Generate timesheets for payroll
6%
- Timesheet generation
- Timesheet management
We highly recommend that you review the section weightings and exam topics to focus your studying and increase your odds of success.
The table provided below outlines the primary content domains and their corresponding weights. This table is followed by the comprehensive exam content outline, which offers further context.
|
DOMAIN
% OF EXAM
|
|---|
|
Domain 1. System Setup
26%
|
|
Configure accounts setup
6%
Configure defaults
4%
Configure labor
4%
Configure materials
4%
Configure additional features
4%
Configure payroll settings
4%
|
|
Domain 2. Invoicing
20%
|
|
Review job for invoicing
8%
Create customer invoices
8%
Create recurring invoices
4%
|
|
Domain 3. Managing Receivables
16%
|
|
Create customer payments
2%
Create customer credits
6%
Manage customer card
6%
Manage post invoice process
2%
|
|
Domain 4. Managing Payables
18%
|
|
Manage vendor/supplier invoices
12%
Manage contractor invoices
6%
|
|
Domain 5. Reporting and Reconciliation
20%
|
|
Generate financial reports
8%
Generate reports for reconciliation
6%
Generate timesheets for payroll
6%
|
Additional Information
For any additional information regarding the exam and certification, please consult the available resources.
Code of Conduct
Protecting the security of Simpro Certifications is up to all of us. As a participant in the Simpro Credentialing program, you’re required to accept the terms of the Simpro Certification Exam Agreement.
Preparation
We recommend a blend of practical experience and self-study focusing on the
subjects outlined in the Exam Outline section provided on this page.
Review the exam topics and identify any gaps in your understanding, and you can use our Help Guide
to address and fill in those knowledge areas.
Proctored Exams
A proctored exam is a supervised test administered by an approved neutral person called a proctor. The proctor ensures the test taker's identity and maintains the integrity of the testing environment. This procedure is in place to prevent cheating by closely monitoring candidates throughout the duration of the exam. Learn all about proctored exams and testing requirements
here.
Exam Results
The Simpro Premium Finance Professional Certification exam is a pass or fail exam. The exam is scored against a minimum standard established by Simpro professionals who follow certification industry best practices and guidelines
Your score report contains a section analysis of your performance in each section of the exam.The exam uses a compensatory scoring model, which means that you do not need to achieve a passing score in each section. You need to pass only the overall exam.
Each section of the exam has a specific weighting, so some sections have more questions than other sections have. This information is shared solely for your reference, to help you identify your strengths and possible areas of improvement.
Exam Retake Policy
If a candidate does not achieve a passing score on an exam, the candidate must wait 14 days before retaking the exam. You must pay the full registration fee for each exam attempt.
A candidate may not take a given exam any more than five times per year (12 months). This 12-month period starts from the first attempt. The candidate is then eligible to retake the exam 12 months from the date of the first attempt. In order to take a given exam more than five times per year, a candidate must submit a request and obtain prior permission from Simpro.
Maintain your certification
Enhance your career and validate your expertise by renewing your Simpro Certification annually, completely free of charge.
For more information about how to maintain your certification please visit
Renew your certification.
For any additional information regarding the exam and certification, please consult the available resources.
|
|
|
|
Protecting the security of Simpro Certifications is up to all of us. As a participant in the Simpro Credentialing program, you’re required to accept the terms of the Simpro Certification Exam Agreement.
|
|
|
|
|
|
We recommend a blend of practical experience and self-study focusing on the
subjects outlined in the Exam Outline section provided on this page.
Review the exam topics and identify any gaps in your understanding, and you can use our Help Guide
to address and fill in those knowledge areas.
|
|
|
|
|
|
A proctored exam is a supervised test administered by an approved neutral person called a proctor. The proctor ensures the test taker's identity and maintains the integrity of the testing environment. This procedure is in place to prevent cheating by closely monitoring candidates throughout the duration of the exam. Learn all about proctored exams and testing requirements
here.
|
|
|
|
|
|
The Simpro Premium Finance Professional Certification exam is a pass or fail exam. The exam is scored against a minimum standard established by Simpro professionals who follow certification industry best practices and guidelines Your score report contains a section analysis of your performance in each section of the exam.The exam uses a compensatory scoring model, which means that you do not need to achieve a passing score in each section. You need to pass only the overall exam. Each section of the exam has a specific weighting, so some sections have more questions than other sections have. This information is shared solely for your reference, to help you identify your strengths and possible areas of improvement. |
|
|
|
|
|
If a candidate does not achieve a passing score on an exam, the candidate must wait 14 days before retaking the exam. You must pay the full registration fee for each exam attempt. A candidate may not take a given exam any more than five times per year (12 months). This 12-month period starts from the first attempt. The candidate is then eligible to retake the exam 12 months from the date of the first attempt. In order to take a given exam more than five times per year, a candidate must submit a request and obtain prior permission from Simpro. |
|
|
|
|
|
Enhance your career and validate your expertise by renewing your Simpro Certification annually, completely free of charge. For more information about how to maintain your certification please visit Renew your certification. |
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