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MIPC330 – MIP Cloud User Defined Fields: Self-Study

Course Level: Advanced
Prerequisite: Participants must have access to the web component of MIP Cloud prior to class.
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: One Hour

This self-study course will show you how to unlock the potential of User Defined Fields and enhance your ability to gather and report customized
organizational data. You will also learn how to create different types of user defined fields and practice applying them to the sample data. How to
easily configure the data type, associated record types, or various characteristics of the UDF will also be covered.

After completing this course, you will be able to:

  • Identify which UDF categories and types are available.
  • Identify which field type characteristics can be assigned to user defined fields.
  • Set up master-type, document-type, and transaction-type UDFs.
  • Enter transactions with UDF values.
  • Return UDF values in a report.

FA232 – MIP Fund Accounting Advanced Allocations

Course Level: Advanced
Instructional Method: Group Internet Based
Recommended CPE Credits: 2
Prerequisite: FA229 – MIP Fund Accounting Introduction to Allocations Management
Two-Hour Class

Create and process allocations using the following methods:

  • Indirect Cost Rate
  • Relative Account Balances
  • Weighted Average Daily Balances
  • Transaction Count
  • UDF Unit Measures.

    • Case studies and hands-on activities are provided to understand how these methods can work for your organization along with a review of available reports.

MIPC229 – MIP Cloud Introduction to Allocations Management

Course Level: Advanced
Instructional Method: Group Internet Based
Recommended CPE Credits: 2
Two-Hour Class
Published: 01/2022

In this course participants will learn how to create and process allocation codes and print pre-allocation financial reports. Participants will also learn how to utilize the multiple calculation methods available and how to create sequential allocation calculations. Various allocation reports will be discussed.

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

  • Create an Allocation code.
  • Create an Allocation calculation.
  • Process an Allocation calculation.
  • Check the Allocation by running appropriate reports.