Course Level: Basic
Instructional Method: Group Internet Based
Recommended CPE Credits: 2
2 Hour Class
Published: 05/2024
Budgeting is a proven methodology that helps organizations monitor fiscal performance and control expenditures. This course demonstrates the powerful tools available with the MIP Cloud Budget Module. In this course we will discuss and create budget versions, create manual budget entries, create budget worksheets, modify budgets, and practice transferring budget transactions to Accounting. You will also learn how to create adjust posted budget worksheets for budget revisions and review available reporting options.
By the end of the session, you will be able to:
- Create budget versions
- Use the budget worksheet
- Validate budget entries and transfer to accounting
- Create manual budget entries
- Adjust posted budgets for revisions
- Review available budget reports
Course Level: Basic
Instructional Method: Group Internet Based
Recommended CPE Credits: 2
2 Hour Class
Published: 05/2024
Budgeting is a proven methodology that helps organizations monitor fiscal performance and control expenditures. This course demonstrates the powerful tools available with the MIP Cloud Budget Module. In this course we will discuss and create budget versions, create manual budget entries, create budget worksheets, modify budgets, and practice transferring budget transactions to Accounting. You will also learn how to create adjust posted budget worksheets for budget revisions and review available reporting options.
By the end of the session, you will be able to:
- Create budget versions
- Use the budget worksheet
- Validate budget entries and transfer to accounting
- Create manual budget entries
- Adjust posted budgets for revisions
- Review available budget reports
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 of MIP Cloud 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.
This course is taught using the MIP Cloud Modern User Interface.
Class is held Monday from 1:00 – 5:00 p.m.
plus Tuesday and Wednesday, 9:00 a.m. – 5:00 p.m.
Course Level: Basic
Recommended Prerequisite: Participants must have access to the web component of MIP to complete activities.
Instructional Method: Recorded Session
Recommended CPE Credits: Not Eligible for CPE
Access Period: One Year from Purchase
Estimated Time to Complete: Two Hours
Budgeting is a proven methodology that helps organizations monitor fiscal performance and control expenditures. This recorded session demonstrates the powerful tools available with the MIP Cloud Budget Module. Module setup, budget versions, primary budget controls, budget worksheets, manual budget entries, budgets revisions, and reporting options are covered.
By the end of the session, you will be able to:
- Define budget versions, set up primary budget controls, and enable critical segments
- Create budget versions
- Use the budget worksheet
- Validate budget entries and transfer to accounting
- Create manual budget entries
- Adjust posted budgets for revisions
- Define available budget reports