FA222 – MIP Fund Accounting Budget

Course Level: Intermediate
Instructional Method: Group Internet Based
Recommended CPE Credits: 3
Three-Hour Class
Published: 01/2024

Budgets allow users to monitor fiscal performance and control expenditures. This session demonstrates the powerful tools available with the MIP Fund Accounting Budget Module. Participants will learn about budget versions and budget controls. You will create Budget worksheets utilizing an intuitive budget wizard. Learn how to modify, revise and transfer a completed budget worksheet. You will also practice monitoring budget amounts and creating budget reports.

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

  • Create multiple budget versions and assign a primary budget
  • Establish appropriate budget controls
  • Enter budget amounts
  • Create and update budgets efficiently with the Budget Worksheet wizard
  • Review budget performance and results

FA222 – MIP Fund Accounting Budget

Course Level: Intermediate
Instructional Method: Group Internet Based
Recommended CPE Credits: 3
Three-Hour Class
Published: 01/2024

Budgets allow users to monitor fiscal performance and control expenditures. This session demonstrates the powerful tools available with the MIP Fund Accounting Budget Module. Participants will learn about budget versions and budget controls. You will create Budget worksheets utilizing an intuitive budget wizard. Learn how to modify, revise and transfer a completed budget worksheet. You will also practice monitoring budget amounts and creating budget reports.

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

  • Create multiple budget versions and assign a primary budget
  • Establish appropriate budget controls
  • Enter budget amounts
  • Create and update budgets efficiently with the Budget Worksheet wizard
  • Review budget performance and results

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.
  • 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 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.

    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.
  • 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 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.

    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.
  • 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 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.

    FA222 – MIP Fund Accounting Budget

    Course Level: Intermediate
    Instructional Method: Group Internet Based
    Recommended CPE Credits: 3
    Three-Hour Class
    Published: 01/2024

    Budgets allow users to monitor fiscal performance and control expenditures. This session demonstrates the powerful tools available with the MIP Fund Accounting Budget Module. Participants will learn about budget versions and budget controls. You will create Budget worksheets utilizing an intuitive budget wizard. Learn how to modify, revise and transfer a completed budget worksheet. You will also practice monitoring budget amounts and creating budget reports.

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

    • Create multiple budget versions and assign a primary budget
    • Establish appropriate budget controls
    • Enter budget amounts
    • Create and update budgets efficiently with the Budget Worksheet wizard
    • Review budget performance and results

    FA222 – MIP Fund Accounting Budget

    Course Level: Intermediate
    Instructional Method: Group Internet Based
    Recommended CPE Credits: 3
    Three-Hour Class
    Published: 01/2024

    Budgets allow users to monitor fiscal performance and control expenditures. This session demonstrates the powerful tools available with the MIP Fund Accounting Budget Module. Participants will learn about budget versions and budget controls. You will create Budget worksheets utilizing an intuitive budget wizard. Learn how to modify, revise and transfer a completed budget worksheet. You will also practice monitoring budget amounts and creating budget reports.

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

    • Create multiple budget versions and assign a primary budget
    • Establish appropriate budget controls
    • Enter budget amounts
    • Create and update budgets efficiently with the Budget Worksheet wizard
    • Review budget performance and results

    FA101 – MIP Fund Accounting Core Workshop

    Course Level: Basic
    Prerequisites: We recommend a general understanding of product navigation.
    Instructional Method: Group Live
    Recommended CPE Credits: 20
    Two and One-Half Day Class

    This intensive 2.5 day 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.

    Class is held Monday from 1:00 – 5:00 p.m.
    plus Tuesday and Wednesday, 9:00 a.m. – 5:00 p.m.

    FA101 – MIP Fund Accounting Core Workshop

    Course Level: Basic
    Prerequisites: We recommend a general understanding of product navigation.
    Instructional Method: Group Live
    Recommended CPE Credits: 20
    Two and One-Half Day Class

    This intensive 2.5 day 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.

    Class is held Monday from 1:00 – 5:00 p.m.
    plus Tuesday and Wednesday, 9:00 a.m. – 5:00 p.m.

    FA101 – MIP Fund Accounting Core Workshop

    Course Level: Basic
    Prerequisites: We recommend a general understanding of product navigation.
    Instructional Method: Group Live
    Recommended CPE Credits: 20
    Two and One-Half Day Class

    This intensive 2.5 day 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.

    Class is held Monday from 1:00 – 5:00 p.m.
    plus Tuesday and Wednesday, 9:00 a.m. – 5:00 p.m.