MIPC539-MIP Cloud Set Up Vendors for Auto Payments Learning Snippet

Course Level: Basic
Prerequisites: None
Instructional Method: Self-Study (virtual trainer)
Recommended CPE Credits: Not Eligible for CPE
Access Period: One Year from Purchase
Estimated Time to Complete: 5 Minutes
Published: 5/2025

Learning Snippets are short demonstrations of the features and functions you use the most. This Learning Snippet will demonstrate the process of preparing a vendor list and submitting it for setup. We’ll also explain how to designate vendors who should be excluded from Automated payments in MIP Cloud.

MIPC306 – MIP Cloud Accounts Payable Analysis

Course Level: Basic
Prerequisites: MIPC305 – MIP Cloud Accounts Payable Processing or FA205 – MIP Fund Accounting Accounts Payable Processing
Instructional Method: Self-Study (virtual trainer plus comprehensive training guide)
Recommended CPE Credits: Not Eligible for CPE
Access Period: One Year from Purchase
Estimated Time to Complete: 2 Hours
Published: 09/19/2023

In this recorded session, we will practice analyzing errors found in the Accounts Payable module. We begin with a discussion of available report categories, then a review of the corrections toolkit. Afterward, we will review several common accounts payable issues and the resolutions to each. Lastly, we’ll discover what features in the software can be used to prevent data entry errors.

This course covers topics related to the following modules:

Accounts Payable

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

  • Create reports for vendor information, payments, and analysis.
  • Access the vendor balances form and use Accounts Payable Analysis reports to review vendor balances.
  • List three common accounts payable issues and their solutions including methods to troubleshoot to find a resolution.
  • What features in the software can be used to prevent data entry errors with memorize documents, user defaults, and organization specified entry date controls.

MIPC305 – MIP Cloud Accounts Payable Processing: Self-Study

Course Level: Basic
Prerequisite: Participants must have access to the web component of MIP Cloud prior to class.
Recommended Prerequisite: MIPC303 – MIP Cloud Basic Transactions: Recorded Session
Instructional Method: Self-Study (virtual trainer plus comprehensive training guide)
Recommended CPE Credits: Not Eligible for CPE
Access Period: One Year from Purchase
Estimated Time to Complete: Two Hours

This self-study course covers learn time-saving techniques for processing and reporting accounts payable transactions in MIP Cloud. Working through a series of real world lessons, you will learn each step in the accounts payable cycle from creating vendors, to entering invoices, to printing checks. You will also explore reporting options and how to use the Accounts Payable dashboard to assess your organization’s complete payables picture.

After completing this course, you will be able to:

  • Create and edit vendor records
  • Create accounts payable invoice sessions
  • Use techniques to streamline invoice entry
  • Post accounts payable invoice sessions
  • Select invoices for payment
  • Identify accounts payable reporting options
  • Use the Accounts payable dashboard to evaluate payable performance

MIPC275 – MIP Fund Accounting Core LW

Course Level: Basic

Prerequisite: Participants must have access to the web component of MIP Cloud prior to class.
Recommended Prerequisite: 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: 11/2024

This intensive 3-day Live Webcast course, using the MIP Cloud Modern User Interface, 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.

This course is taught using the MIP Cloud Modern User Interface.

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

MIPC275 – MIP Fund Accounting Core LW

Course Level: Basic

Prerequisite: Participants must have access to the web component of MIP Cloud prior to class.
Recommended Prerequisite: 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: 11/2024

This intensive 3-day Live Webcast course, using the MIP Cloud Modern User Interface, 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.

This course is taught using the MIP Cloud Modern User Interface.

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

MIPC210 – MIP Cloud EFT for AP

Course Level: Basic
Prerequisites: General Ledger Transaction Entry
Instructional Method: Group Internet Based
Recommended CPE Credits: 1
One Hour Class
Published: 03/2024

Join this session to learn how to use the Electronic Funds Transfer for Accounts Payable module to save time, money, and the hassle of printing and mailing checks. The module seamlessly integrates with the Accounts Payable module providing more options for reducing costs and improving service. Learn how to distribute payments via electronic funds transfer.

For additional training, and to learn more about daily processing tasks in the Accounts Payable module, attend the “MIPC205 – MIP Cloud Accounts Payable Processing” course.

After completing this course, you will be able to:

  • Set up electronic funds transfer banking information
  • Discuss pre-notes, their creation and use
  • Add vendor bank information to vendor records
  • Create vendor payment vouchers
  • Create an electronic file of vendor payments
  • Produce reports of vendor electronic funds transfer payments

MIPC206 – MIP Cloud Accounts Payable Analysis

Course Level: Basic
Prerequisites: MIPC305 – MIP Cloud Accounts Payable Processing or FA205 – MIP Fund Accounting Accounts Payable Processing
Instructional Method: Group Internet Based
Recommended CPE Credits: 2
Two Hour Class

In this course, we will practice analyzing errors found in the Accounts Payable module. We begin with a discussion of available report categories, then a review of the corrections toolkit. Afterward, we will review several common accounts payable issues and the resolutions to each. Lastly, we’ll discover what features in the software can be used to prevent data entry errors.

This course covers topics related to the following modules:

Accounts Payable

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

  • Create reports for vendor information, payments, and analysis.
  • Access the vendor balances form and use Accounts Payable Analysis reports to review vendor balances.
  • List three common accounts payable issues and their solutions including methods to troubleshoot to find a resolution.
  • What features in the software can be used to prevent data entry errors with memorize documents, user defaults, and organization specified entry date controls.

MIPC206 – MIP Cloud Accounts Payable Analysis

Course Level: Basic
Prerequisites: MIPC305 – MIP Cloud Accounts Payable Processing or FA205 – MIP Fund Accounting Accounts Payable Processing
Instructional Method: Group Internet Based
Recommended CPE Credits: 2
Two Hour Class

In this course, we will practice analyzing errors found in the Accounts Payable module. We begin with a discussion of available report categories, then a review of the corrections toolkit. Afterward, we will review several common accounts payable issues and the resolutions to each. Lastly, we’ll discover what features in the software can be used to prevent data entry errors.

This course covers topics related to the following modules:

Accounts Payable

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

  • Create reports for vendor information, payments, and analysis.
  • Access the vendor balances form and use Accounts Payable Analysis reports to review vendor balances.
  • List three common accounts payable issues and their solutions including methods to troubleshoot to find a resolution.
  • What features in the software can be used to prevent data entry errors with memorize documents, user defaults, and organization specified entry date controls.

MIPC205 – MIP Cloud Accounts Payable Processing

Course Level: Basic
Prerequisite: Participants must have access to the web component of MIP Cloud prior to class.
Recommended Prerequisite: MIPC303 – MIP Cloud Basic Transactions: Recorded Session
Instructional Method: Group Internet Based
Recommended CPE Credits: 2
Two Hour Class
Published: 03/2024

This course covers learn time-saving techniques for processing and reporting accounts payable transactions in MIP Cloud. Working through a series of real world lessons, you will learn each step in the accounts payable cycle from creating vendors, to entering invoices, to printing checks. You will also explore reporting options and how to use the Accounts Payable dashboard to assess your organization’s complete payable picture.

After completing this course, you will be able to:

  • Create and edit vendor records
  • Create accounts payable invoice sessions
  • Use techniques to streamline invoice entry
  • Post accounts payable invoice sessions
  • Select invoices for payment
  • Identify accounts payable reporting options
  • Use the Accounts payable dashboard to evaluate payable performance