FA208 – MIP Fund Accounting Accounts Receivable Billing

Course Level: Basic
Prerequisite: General Ledger Transaction Entry, MIP Fund Accounting Accounts Receivable Processing
Instructional Method: Group Internet Based
Recommended CPE Credits: 2
Two-Hour Class

Attend this class to learn how to take advantage of advanced receivable features. This course focuses on using the Accounts Receivable Billing module. The Accounts Receivable Billing module seamlessly integrates with the Accounts Receivable Reporting module providing more options for reducing costs and improving service. Learn how to set up sales taxes, generate and print customer invoices, and prepare customer statements.

For additional training, and to learn more about daily processing tasks in the Accounts Receivable Reporting module, attend the “FA207 – MIP Fund Accounting Accounts Receivable Processing” course. To learn how to create your own customer statement formats attend the “FA226 – MIP Fund Accounting Forms Designer” course.

By the end of the session, you will be able to:

  • Create sales tax authorities and sales tax codes
  • Apply sales taxes to taxable customers
  • Print accounts receivable invoices
  • Edit printed but unposted accounts receivable invoices
  • Void posted accounts receivable invoices

FA208 – MIP Fund Accounting Accounts Receivable Billing

Course Level: Basic
Prerequisite: General Ledger Transaction Entry, MIP Fund Accounting Accounts Receivable Processing
Instructional Method: Group Internet Based
Recommended CPE Credits: 2
Two-Hour Class

Attend this class to learn how to take advantage of advanced receivable features. This course focuses on using the Accounts Receivable Billing module. The Accounts Receivable Billing module seamlessly integrates with the Accounts Receivable Reporting module providing more options for reducing costs and improving service. Learn how to set up sales taxes, generate and print customer invoices, and prepare customer statements.

For additional training, and to learn more about daily processing tasks in the Accounts Receivable Reporting module, attend the “FA207 – MIP Fund Accounting Accounts Receivable Processing” course. To learn how to create your own customer statement formats attend the “FA226 – MIP Fund Accounting Forms Designer” course.

By the end of the session, you will be able to:

  • Create sales tax authorities and sales tax codes
  • Apply sales taxes to taxable customers
  • Print accounts receivable invoices
  • Edit printed but unposted accounts receivable invoices
  • Void posted accounts receivable invoices

FA207 – MIP Fund Accounting Accounts Receivable Processing

Course Level: Basic
Prerequisite: General Ledger Transaction Entry
Instructional Method: Group Internet Based
Recommended CPE Credits: 3
Three-Hour Class

Attend this class to learn processing skills that improve accuracy and save valuable time throughout the accounts receivable cycle. Learn how to create customers, enter invoices and credit memos, and process cash receipts and prepayments.

This course focuses on daily processing tasks in the Accounts Receivable Reporting module. For additional training, and to learn more about creating invoices and personalizing customer statements, attend the “FA208 MIP Fund Accounting Accounts Receivable Billing” course.

By the end of the session, you will be able to:

  • Set up default customer discount and prepayment information
  • Create a customer
  • Rename or merge customers
  • Enter accounts receivable invoices and apply credit memos and receipts
  • Enter and apply prepayments
  • Discuss options for correcting errors
  • Review customer balances and transaction history
  • Evaluate accounts receivable balances using aging, summary, and detailed reports