Course Level: Basic
Prerequisites: Payroll Setup
Instructional Method: Group Internet Based
Recommended CPE Credits: 3
Three-Hour Class
This course picks up where the Payroll Setup course left off, completing the payroll cycle. Payroll Processing covers the 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. Common payroll reports are also reviewed.
For additional training, and to learn more about setting up payroll and distributing payments via direct deposit, attend the “FA245 – MIP Fund Accounting Payroll Setup” and “FA247 – MIP Fund Accounting Deposit for Payroll” courses.
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.
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.
Course Level: Basic
Instructional Method: Group Internet Based
Recommended CPE Credits: 3
Three-Hour Class
Published: 12/15/2022
Setting up your payroll is critical to efficiently and accurately paying your employees. In this course you will learn all facets of setting up payroll to meet your organization’s and employees’ needs. This course focuses on selecting payroll options, adding employees, and creating payroll codes, including benefits, deductions, and leave codes.
By the end of the session, you will be able to:
- Deploy the Payroll Module and apply the initial account settings.
- Set up and update processing groups.
- Set up taxes for your organization.
- Create and edit employee information.
- Set up earning, benefit, and deduction codes.
- Select the appropriate W-2 box numbers for year-end reporting.
For additional training, and to learn more about processing payrolls and distributing payments via direct deposit, attend the “MIPC246 – MIP Cloud Payroll Processing” and “MIPC247 – MIP Cloud Direct Deposit for Payroll” courses.
Course Level: Basic
Prerequisites: Payroll Setup
Instructional Method: Group Internet Based
Recommended CPE Credits: 3
Three-Hour Class
Published: 12/15/2022
This course picks up where the Payroll Setup course left off, completing the payroll cycle. Payroll Processing covers creating a default timesheet, the procedures for entering and adjusting employee regular and supplemental timesheets, calculating, and reviewing payrolls, and printing employee checks and vouchers. You will also learn how to void checks, adjust payroll balances, and transfer payrolls to accounting. Common payroll reports are reviewed as well.
By the end of the session, you will be able to:
- Set up and use default timesheets.
- Calculate a payroll for a processing group.
- Modify calculated payroll checks.
- Print payroll checks and reprint pay stubs.
- Void payroll checks and record check spoilage.
- Enter adjustments in the Setup/Adjust Balances form.
- Distribute labor hours.
- Transfer payroll to accounting and undo the transfer to accounting.
For additional training, and to learn more about setting up payroll and distributing payments via direct deposit, attend the “MIPC245 – MIP Cloud Payroll Setup” and “MIPC247 – MIP Cloud Direct Deposit for Payroll” courses.
