FA107 – MIP Fund Accounting Data Import/Export Workshop

Course Level: Advanced
Prerequisites: We recommend a general understanding of transaction entry.
Instructional Method: Group Live
Training Guide Format: Digital PDF
Recommended CPE Credits: 12
1.5 Day Class
Published: 11/2023

Have you ever wanted to transfer vendors, employees, or time sheets into MIP Fund Accounting? Are you tired of entering the same transaction data twice? The Import/Export module gives you the power to import data directly into Accounting or Payroll. Learn how to import a Chart of Accounts, distribution codes, fixed assets, and even accounting transactions!

This intensive, focused workshop follows the import process from start to finish, thoroughly covering the import and export options available in MIP Fund Accounting. Participants complete hands-on practice exercises and interact with the instructor in person in a classroom with other students.

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

  • Identify the different types of data formats available.
  • Identify the sections of a definition file and understand how they are used.
  • Apply transaction specific formatting statements.
  • “Match” a definition file to a data file using format statements.
  • Read and troubleshoot import error reports.
  • Select the export options that work best for reports and financial statements.
  • Class is held Thursday from 9:00 a.m. – 5:00 p.m. plus Friday from 9:00 a.m. – 1:00 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.

    FA105 – MIP Fund Accounting Employee Web Services Workshop

    Course Level: Intermediate
    Prerequisites:
    FA104 – MIP Fund Accounting Human Resource Management Workshop or
    FA248 – MIP Fund Accounting Human Resource Management Setup and FA249 – MIP Fund Accounting Human Resource Management Processing
    Instructional Method: Group Live
    Recommended CPE Credits: 4
    One-Half Day Class
    Published: 06/2021

    The MIP Fund Accounting Employee Web Services Module integrates with the Human Resource Management and Payroll modules providing a convenient web-based employee portal with efficient automated timesheet management and employee data access. This half-day workshop is designed for human resource managers who need to understand the integrations between Employee Web Services, Human Resource Management, and Payroll in MIP Fund Accounting.

    We strongly recommend that participants have a thorough understanding of timesheet and payroll processing concepts and practices before attending this workshop. Please see the recommended course prerequisites.

    This course is divided into three segments:

    • EWS Setup and Administration – This portion will take approximately 60% of the total class time and covers the pre-configuration work in Payroll and Human Resource Management as well as administrative tasks and payroll processing. Participants will learn how to create cost centers, set up timesheets, create employee accounts, approve employee entries, and process payrolls.
    • EWS for Employees – This section is focused on entering time, leave, and expenses as well as editing personal information.
    • EWS for Managers – This portion covers review and approval of time, leave and expense entries.

    This course covers topics related to the following modules:
    General Ledger
    Payroll
    Human Resource Management
    Employee Web Services

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

    • Describe how the Employee Web Services module integrates with the Human Resource Management and Payroll modules.
    • Set up cost centers.
    • Define global timesheet settings.
    • Define employee timesheet settings.
    • Create employee accounts.
    • Enter hours worked.
    • Enter leave taken.
    • Enter reimbursable expenses.
    • Review and approve time, leave, and expense entries.
    • Process payrolls using Employee Web Services and Human Resource Management module functionality.

    Class is held: Friday – 8:30 a.m. – 1:00 p.m.

    FA104 – MIP Fund Accounting Human Resource Management Workshop

    Course Level: Intermediate
    Prerequisites:
    FA103 – MIP Fund Accounting Payroll Specialist Workshop or
    FA245 – MIP Fund Accounting Payroll Setup and FA246 – MIP Fund Accounting Payroll Processing
    Instructional Method: Group Live
    Recommended CPE Credits: 12
    One and One-Half Day Class

    This is an ideal course for individuals responsible for human resource management and payroll related tasks.

    The MIP Fund Accounting Human Resource Management Module integrates with the Payroll module providing additional human resource management and payroll processing tools. This 1.5-day workshop covers important integration concepts, module setup procedures, employee management, and processing payrolls. Participants will learn how to manage security, create customized benefit and leave plans, define organization specific fields, track organization educational and certification requirements, capture FMLA and EEO data, schedule employee events, maintain complete employment history, create timesheets, and set up the HR module for Affordable Care Act reporting.

    Due to the close integration between the Human Resource Management and Payroll modules, all participants must have a thorough understanding of Payroll Setup and Payroll Processing concepts and practices before attending this workshop. Please see the course prerequisites.

    This course covers topics related to the following modules:

    • General Ledger
    • Payroll
    • Human Resource Management

    Class is held: Wednesday- 1:00 p.m. – 5:00 p.m. and
    Thursday – 8:30 a.m. – 5:00 p.m.

    FA103 – MIP Fund Accounting Payroll Specialist Workshop

    Course Level: Basic
    Prerequisites: None
    Instructional Method: Group Live
    Recommended CPE Credits: 12
    One and One-Half Day Class

    This is an ideal course for individuals responsible for processing payrolls in their organization.

    Payroll mistakes cost time, money, and employee good will! This specialized 1.5-day workshop will provide new and experienced payroll professionals with the knowledge and skills they need to avoid costly errors.

    In this course you will learn all facets of setting up payroll to meet your organization’s and employees’ needs. You will then learn procedures for entering and adjusting employee timesheets, calculating payrolls, and printing employee checks. You will also learn how to void checks, adjust payroll balances, and transfer payrolls to accounting. The fully integrated Direct Deposit module is also covered.

    This course covers topics related to the following modules:

    • General Ledger
    • Payroll
    • Direct Deposit

    FA102 – MIP Fund Accounting Administration & Financial Reporting Workshop

    Course Level: Intermediate
    Prerequisites: FA101 – MIP Fund Accounting Core Workshop or at least six months experience working with transactions and reports.
    Instructional Method: Group Live
    Recommended CPE Credits: 14
    Two-Day Class

    Building on the topics discussed in the Core Accounting workshop, this advanced 2-day course is ideal for Controllers or Chief Financial Officers responsible for high level administrative tasks and advanced financial reporting. Topics discussed in this course include: accounting administration, general ledger, and general reporting, a deep dive into financial statements, and advanced financial statement features, and fiscal year closing activities.

    To get the most from this course we recommend that customers first take the FA101 – MIP Fund Accounting Core Workshop or have at least six months experience working with a variety of transactions and creating custom reports.

    Class is held:
    Thursday 9:00 a.m. – 5:00 p.m. and
    Friday 9:00 a.m. – 3:00 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.