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
Application Consultant Exam/ MIP Cloud Candidates must score 80% or higher to obtain Application Consultant status.
Application Consultant Exam/MIP Cloud Accounts Payable topics. Candidates must score 80% or higher to obtain Application Consultant status.
Application Consultant Exam/MIP Cloud Bank Reconciliation topics. Candidates must score 80% or higher to obtain Application Consultant status.
Application Consultant Exam/MIP Cloud System Administration topics. Candidates must score 80% or higher to obtain Application Consultant status.
Application Consultant Exam/MIP Cloud Dashboards and Analytics topics. Candidates must score 80% or higher to obtain Application Consultant status.
Application Consultant Exam/MIP Cloud EFT for Accounts Payable topics. Candidates must score 80% or higher to obtain Application Consultant status.
Application Consultant Exam/ Accounts Payable Electronic Funds Transfer Candidates must score 80% or higher to obtain Application Consultant status.
Application Consultant Exam/ Installation Candidates must score 80% or higher to obtain Application Consultant status.
Application Consultant Exam/ User Defined Fields Candidates must score 80% or higher to obtain Application Consultant status.