FA275 – MIP Fund Accounting Core LW

Course Level: Basic

Prerequisites: We recommend a general understanding of product navigation.

Advanced Preparation: None

Instructional Method: Group Internet Based

Training Guide Format: Digital Online/Offline

Recommended CPE Credits: 19

Three Day Class

Published: 8/2020

This intensive 3-day Live Webcast course focuses on primary financial activities, providing a strong foundation for new customers and a broad understanding for more experienced customers. This course is ideal for accounts payable professionals, staff accountants, and the hands-on Chief Financial Officer.

You will learn core features of the general ledger, accounts payable, bank reconciliation, budget, and reporting modules. Study topics include creating and maintaining chart of account codes, processing and correcting accounts payable and general ledger transactions, creating and monitoring budgets, and reconciling bank accounts. You will also learn how to use the powerful built-in reporting tools to create reports and perform analysis.

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

Set up accounting administration (chart of accounts, auto-functions, organization preferences, etc.).
Setup, process and troubleshoot accounts payable.
Enter general ledger transactions, close fiscal years and adjust closed year balances.
Reconcile cash accounts.
Enter and adjust budgets.
Understand basic reporting functions

Registration for this course includes a full featured digital guide. You will be provided instructions and a key to your digital guide prior to class. Please consider the environment before printing your digital guide.

Class is held each day from 9:00 AM – 4:30 PM CT. A one hour lunch break is included.

FA275 – MIP Fund Accounting Core LW

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

Set up accounting administration (chart of accounts, auto-functions, organization preferences, etc.).
Setup, process and troubleshoot accounts payable.
Enter general ledger transactions, close fiscal years and adjust closed year balances.
Reconcile cash accounts.
Enter and adjust budgets.
Understand basic reporting functions

Class is held each day from 9:00 AM – 4:30 PM CT. A one hour lunch break is included.

FA275 – MIP Fund Accounting Core LW

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

Set up accounting administration (chart of accounts, auto-functions, organization preferences, etc.).
Setup, process and troubleshoot accounts payable.
Enter general ledger transactions, close fiscal years and adjust closed year balances.
Reconcile cash accounts.
Enter and adjust budgets.
Understand basic reporting functions

Class is held each day from 9:00 AM – 4:30 PM CT. A one hour lunch break is included.

FA275 – MIP Fund Accounting Core LW

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

Set up accounting administration (chart of accounts, auto-functions, organization preferences, etc.).
Setup, process and troubleshoot accounts payable.
Enter general ledger transactions, close fiscal years and adjust closed year balances.
Reconcile cash accounts.
Enter and adjust budgets.
Understand basic reporting functions

Class is held each day from 9:00 AM – 4:30 PM CT. A one hour lunch break is included.

FA275 – MIP Fund Accounting Core LW

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

Set up accounting administration (chart of accounts, auto-functions, organization preferences, etc.).
Setup, process and troubleshoot accounts payable.
Enter general ledger transactions, close fiscal years and adjust closed year balances.
Reconcile cash accounts.
Enter and adjust budgets.
Understand basic reporting functions

Class is held each day from 9:00 AM – 4:30 PM CT. A one hour lunch break is included.

FA275 – MIP Fund Accounting Core LW

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

Set up accounting administration (chart of accounts, auto-functions, organization preferences, etc.).
Setup, process and troubleshoot accounts payable.
Enter general ledger transactions, close fiscal years and adjust closed year balances.
Reconcile cash accounts.
Enter and adjust budgets.
Understand basic reporting functions

Class is held each day from 9:00 AM – 4:30 PM CT. A one hour lunch break is included.

FA221 – MIP Fund Accounting Bank Reconciliation

Course Level: Basic
Prerequisites: none
Instructional Method: Group Internet Based
Recommended CPE Credits: 1
One-Hour Class

This class covers how to reconcile General Ledger cash accounts with the corresponding bank statements. Participants will learn how to clear Checks/Vouchers, Deposits, and Other Cash Items. They will discover when to create, and how to clear Suspense Items. They will also explore information on the Summary page. The session concludes with a discussion of summary, detail, default, and customized reports.

FA221 – MIP Fund Accounting Bank Reconciliation

Course Level: Basic
Prerequisites: none
Instructional Method: Group Internet Based
Recommended CPE Credits: 1
One-Hour Class

FA221 – MIP Fund Accounting Bank Reconciliation

Course Level: Basic
Prerequisites: none
Instructional Method: Group Internet Based
Recommended CPE Credits: 1
One-Hour Class

FA106 – MIP Fund Accounting Finance & Reporting Workshop

Course Level: Basic
Prerequisites: We recommend a general understanding of product navigation.
Instructional Method: Group Live
Training Guide Format: Digital PDF
Recommended CPE Credits: 32
Four Day Class
Published: 11/2023

Our most comprehensive classroom offering, this intensive 4-day course focuses on primary financial activities and reporting, providing a strong foundation for new customers and a broad understanding for more experienced customers. This course is ideal for a wide range of accounting professionals responsible for high level administrative tasks, transaction processing, and advanced financial reporting including, general accountants, staff accountants, financial specialists, and the hands-on Chief Financial Officer.

You will learn core features of the general ledger, accounts payable, bank reconciliation, budget, and reporting modules. Study topics include creating and maintaining chart of account codes, processing, and correcting accounts payable and general ledger transactions, creating and monitoring budgets, and reconciling bank accounts.

You will also learn daily processing tasks and 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.

Then you will experience the powerful built-in reporting tools to create reports, including a deep dive into financial statements, advanced financial statement features, and fiscal year closing activities. Topics Covered: Quick & Default Financial Statements, Financial Statement Formats, Financial Statement Setup, Creating an R&E Financial Statement, Drill-Down Analyzer, Segment Substitution, Reporting on a Fiscal Year Other than The Organizations Fiscal Year, Statement of Cash Flows, Statement of Financial Position, GASB Statement of Activities, Forecasting, and Exporting Reports.

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

Set up accounting administration (chart of accounts, auto-functions, organization preferences, etc.).

Setup, process and troubleshoot accounts payable.

Set up and maintain user security.

Enter general ledger transactions, close fiscal years, and adjust closed year balances.

Reconcile cash accounts.

Enter and adjust budgets.

Set up default customer discount and prepayment information.

Create, 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.

Create and run financial statements.

Utilize advanced reporting functions.

Create fraud prevention notifications.

Class is held on Monday from 1:00 – 5:00 p.m., Tuesday, Wednesday, Thursday, 9:00 a.m. – 5:00 p.m. and Friday, from 9:00 a.m. – 12:00 p.m.