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.

FA276 – MIP Fund Accounting Admin. & Financial Reporting LW

Course Level: Intermediate

Prerequisites: FA275 – MIP Fund Accounting Core Workshop or at least six months experience working with transactions and reports.

Advanced Preparation: None

Instructional Method: Group Internet Based

Training Guide Format: Digital Online/Offline

Recommended CPE Credits: 13

Two-Day Class

Published: 8/2020

Building on the topics discussed in the Core Accounting workshop, this advanced 2-day Live Webcast 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.

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

  • Create and modify an organization.
  • Set up attachments.
  • Create fraud prevention notifications.
  • Manage your database.
  • Set up and maintain user and security.
  • Create and run financial statements.
  • Utilize advanced reporting functions.

To get the most from this course we recommend that customers first take the FA275 – MIP Fund Accounting Core Workshop or have at least six months experience working with a variety of transactions and creating custom reports.

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 each day from 9:00 AM – 4:30 PM CT. A one hour lunch break is included.

MIPC217 – MIP Cloud Advanced Reporting Functions

Course Level: Advanced
Recommended Prerequisite: MIPC216 – MIP Cloud Financial Statements
Instructional Method: Group Internet Based
Recommended CPE Credits: 1.5
90 Minute Class

Attend this class to take your financial reporting skills to the next level. This course covers the creation of complex financial statements. The use of segment substitution, report groups, segment substitution with report groups, and column subtotals will be introduced.

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

  • Incorporate segment substitution into custom financial statements
  • Incorporate report groups into custom financial statements
  • Create columnar based financial statements and incorporate subtotals
  • Create cross-fiscal year financial statements for grantors.

MIPC216 – MIP Cloud Financial Statements

Course Level: Basic
Prerequisites: Attend MIPC215
Recommended Prerequisites:
Instructional Method: Group Internet Based
Recommended CPE Credits: 1.5
90 Minute Class

This course builds on the skills learned in Reporting while focusing on creating basic financial statements. Learn the requirements for building custom financial statement formats for the two most common statement types: a balance sheet, and the statement of revenues of expenditures. This course will train users how to take advantage of the default financial statements feature. You will also learn how to create basic custom financial statements, assign general ledger codes to existing formats, and build an entire financial statement format complete with sub-sections.

For additional training, and to learn more about reports and financial statements, attend the “MIPC217 – MIP Cloud Advanced Reporting Functions” course.

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

  • Print default financial statements
  • Create custom financial statement formats
  • Create custom financial reports

FA215 – MIP Fund Accounting Reporting

Course Level: Basic
Prerequisites: None
Instructional Method: Group Internet Based
Recommended CPE Credits: 2
Two-Hour Class

One of the key requirements of accounting software is the ability to retrieve and view your data the way it makes sense to you. MIP Fund Accounting provides unique and powerful reporting tools that allow you to do just that. This course provides an overview of reporting capabilities and structure. You will participate in hands-on activities that will familiarize you with using default reports and creating your own custom reports.

For additional training, and to learn more about reports and financial statements, attend the “FA216 – MIP Fund Accounting Financial Statements” and “FA217 – MIP Fund Accounting Advanced Financial Statements” courses.

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

  • Identify the information available in List, Transaction, and Analysis reports
  • Use Navigator to quickly access your favorite reports
  • View and print default reports
  • Modify the content and design of reports
  • Filter reports for specific information
  • Define date selections for reports

FA216 – MIP Fund Accounting Financial Statements

Course Level: Intermediate
Prerequisites: Reporting attendance or reporting proficiency
Recommended Prerequisites:
Instructional Method: Group Internet Based
Recommended CPE Credits: 2
Two-Hour Class

This course builds on the skills learned in Reporting while focusing on creating basic financial statements. This course will train users how to take advantage of the quick financial statements and default financial statements features. You will also learn how to create basic custom financial statements. The course will also cover custom columns, report groups, and the drill-down analyzer.

For additional training, and to learn more about reports and financial statements, attend the “FA217 – MIP Fund Accounting Advanced Financial Statements” course.

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

  • Print quick financial statements
  • Set up and print default financial statements
  • Create custom financial statement formats
  • Create custom financial reports
  • Apply report groups and custom columns to reports
  • Analyze financial data with the drill-down analyzer

FA217 – MIP Fund Accounting Advanced Financial Statements

Course Level: Advanced
Recommended Prerequisite: FA216 – MIP Fund Accounting Financial Statements
Instructional Method: Group Internet Based
Recommended CPE Credits: 3
Three-Hour Class

Attend this class to take your financial reporting skills to the next level. This course covers the creation of complex financial statements. The use of segment substitution, report groups, segment substitution with report groups, and column subtotals will be introduced in various FAS 117 required financial statements. Creating custom charts and graphs is also discussed.

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

  • Incorporate segment substitution into custom financial statements
  • Incorporate report groups into custom financial statements
  • Create columnar based financial statements and incorporate subtotals
  • Create FAS 117 compliant financial statements
  • Create a GASB 34 Statement of Activities

FA218 – MIP Fund Accounting Advanced Reporting with Drillpoint

Course Level: Advanced
Prerequisite: Participants must install the MIP Fund Accounting Advanced Reporting with Drillpoint module prior to class
Recommended Prerequisite:  FA216 – MIP Fund Accounting Financial Statements
Instructional Method: Group Internet Based
Recommended CPE Credits: 3
Three-Hour Class

MIP Advanced Reporting with Drillpoint provides additional reporting tools that leverage the familiar Microsoft Excel ® work. Attend this class to learn how to create, manage, and distribute fully customized and board-friendly financial reports. This course covers creating customized complex Excel based financial reports using your MIP Fund Accounting data. The use of templates, formatting, formulas, and drill-down access will be introduced using real world financial reports.

Note: MIP Fund Accounting Advanced Reporting with Drillpoint is a separate module. To get the most from the training experience participants must install the module and be assigned Designer rights prior to class.

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

  • Create customized report templates
  • Create basic financial reports
  • Add formulas and calculated columns to reports
  • Customize report formats and apply graphics to reports
  • Apply drill
  • down functionality to reports
  • Distribute reports to end users

FA230 – MIP Fund Accounting User Defined Fields

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

Unlock the potential of User Defined Fields and enhance your ability to gather and report customized organizational data. Create different types of user defined fields and practice applying them to the sample data. Create reports with user defined fields. Understand the way UDF’s interact with your standard data tables and how to avoid common pitfalls and discouraged practices.

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 8:30 a.m. – 5:00 p.m. and
Friday 8:30 a.m. – 3:00 p.m.