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.

MIPC513 – MIP Cloud Accounts Payable Invoice Entry 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: 10 Minutes
Published: 9/15/2023

Learning Snippets are short demonstrations of the features and functions you use the most. This Learning Snippet will demonstrate how to create an accounts payable invoice (API) session and enter an invoice, including document and transaction line information in the MIP Cloud modern user interface.

FA517 – MIP Fund Accounting Import Process Learning Snippet

Learning Snippets are short demonstrations of the features and functions you use the most. This Learning Snippet will demonstrate how to import previously created definition and data files, to bring in the information you need, into the MIP Fund Accounting.

FA516 – MIP Fund Accounting Import Definition File Learning Snippet

Learning Snippets are short demonstrations of the features and functions you use the most. This Learning Snippet will demonstrate how to read and create definition files, one required component to import data into MIP Fund Accounting.

FA515 – MIP Fund Accounting Import Data File Learning Snippet

Learning Snippets are short demonstrations of the features and functions you use the most. This Learning Snippet will demonstrate how to create a data file, one required component to import data into MIP Fund Accounting.

FA514 – MIP Fund Accounting Voiding and Spoiling Checks Learning Snippet

Learning Snippets are short demonstrations of the features and functions you use the most. This Learning Snippet will demonstrate how to void an accounts payable check and how to record spoiled or damaged checks.

FA513 – MIP Fund Accounting Accounts Payable Invoice Entry Learning Snippet

FA512 – MIP Fund Accounting Accounts Payable Module Setup Learning Snippet

Learning Snippets are short demonstrations of the features and functions you use the most. This Learning Snippet will demonstrate how to set up the Accounts Payable module discount coding, appending entries, sub-ledger general ledger accounts and vendor maintenance.

Archives

MIP Cloud Product Knowledge – General Ledger Transactions

MIP Cloud Product Knowledge – Administration and Setup

MIPC306 – MIP Cloud Accounts Payable Analysis