MIP^® Cloud Courses Modern User Interface

MIPC205 - MIP Cloud Accounts Payable Processing

Course Level: Basic
Prerequisite: Participants must have access to the web component of MIP Cloud prior to class.
Recommended Prerequisite: MIPC303 - MIP Cloud Basic Transactions: Recorded Session
Instructional Method: Group Internet Based
Recommended CPE Credits: 2
Two Hour Class
Published: 03/2024

This course covers learn time-saving techniques for processing and reporting accounts payable transactions in MIP Cloud. Working through a series of real world lessons, you will learn each step in the accounts payable cycle from creating vendors, to entering invoices, to printing checks. You will also explore reporting options and how to use the Accounts Payable dashboard to assess your organization’s complete payable picture.

After completing this course, you will be able to:

• Create and edit vendor records
• Create accounts payable invoice sessions
• Use techniques to streamline invoice entry
• Post accounts payable invoice sessions
• Select invoices for payment
• Identify accounts payable reporting options
• Use the Accounts payable dashboard to evaluate payable performance

MIPC206 - MIP Cloud Accounts Payable Analysis

Course Level: Basic
Prerequisites: MIPC305 - MIP Cloud Accounts Payable Processing or FA205 - MIP Fund Accounting Accounts Payable Processing
Instructional Method: Group Internet Based
Recommended CPE Credits: 2
Two Hour Class

In this course, 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.

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.

MIPC210 - MIP Cloud EFT for AP

Course Level: Basic
Prerequisites: General Ledger Transaction Entry
Instructional Method: Group Internet Based
Recommended CPE Credits: 1
One Hour Class
Published: 03/2024

Join this session to learn how to use the Electronic Funds Transfer for Accounts Payable module to save time, money, and the hassle of printing and mailing checks. The module seamlessly integrates with the Accounts Payable module providing more options for reducing costs and improving service. Learn how to distribute payments via electronic funds transfer.

For additional training, and to learn more about daily processing tasks in the Accounts Payable module, attend the “MIPC205 - MIP Cloud Accounts Payable Processing” course.

After completing this course, you will be able to:

• Set up electronic funds transfer banking information
• Discuss pre-notes, their creation and use
• Add vendor bank information to vendor records
• Create vendor payment vouchers
• Create an electronic file of vendor payments
• Produce reports of vendor electronic funds transfer payments

MIPC207 - MIP Cloud Accounts Receivable Processing

Course Level: Basic
Prerequisite: Participants must have access to the web component of MIP Cloud prior to class
Recommended Prerequisite: MIPC314 - MIP Cloud Dashboard & Analytics
Instructional Method: Group Internet Based
Recommended CPE Credits: 2
Two Hour Class
Published: 03/2024

This course will cover processing skills that improve accuracy and save valuable time throughout the accounts receivable cycle. Learn how to create customers, enter invoices, and enter A/R receipts, credit customers, as well as generate reports.

After completing this course, you will be able to:

• Create and edit customer records
• Create accounts receivable invoice sessions
• Use techniques to streamline invoice entry
• Post accounts receivable invoice sessions
• Enter accounts receivable receipts
• Credit customer accounts with AR credits
• Identify accounts receivable reporting options

MIPC208 - MIP Cloud Accounts Receivable Billing

Course Level: Basic
Prerequisite: General Ledger Transaction Entry, MIP Cloud Accounts Receivable Processing
Instructional Method: Group Internet Based
Recommended CPE Credits: 2
Two-Hour Class
Published: 11/2023

Attend this class to learn how to take advantage of advanced receivable features in MIP Cloud. This course focuses on using the Accounts Receivable Billing module. The Accounts Receivable Billing module seamlessly integrates with the Accounts Receivable Reporting module providing more options for reducing costs and improving service. Learn how to set up sales taxes, generate and print customer invoices, and prepare customer statements.

For additional training, and to learn more about daily processing tasks in the Accounts Receivable Reporting module, complete the “MIPC307 - MIP Cloud Accounts Receivable Processing” course. To learn how to create your own customer statement formats complete the "FA326 - MIP Fund Accounting Forms Designer" course.

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

• Create sales tax authorities and sales tax codes
• Apply sales taxes to taxable customers
• Print accounts receivable invoices
• Edit printed but unposted accounts receivable invoices
• Void posted accounts receivable invoices

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.

MIPC221 - MIP Cloud Bank Reconciliation

Course Level: Basic
Prerequisite: Participants must have access to the web component of MIP Cloud prior to class.
Recommended Prerequisite: MIP314 - MIP Cloud Dashboards & Analytics
Instructional Method: Group Internet Based
Recommended CPE Credits: 2
Two Hour Class
Published: 03/2024

This course covers how to reconcile General Ledger cash accounts with the corresponding bank statements. Participants will learn how to clear Checks/Vouchers, Deposits, and Other Cash Items. They will discover when to create and how to clear Suspense Items. The information on the Summary page will be explored. The session concludes with a discussion of available reports.

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

• Access the bank reconciliation module and establish required permissions
• Create and use reconiliation IDs
• Use each tab of the reconcile cash accounts form
• Determine which reports are available for the module

MIPC222.1 - MIP Cloud Budget Part I

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

Budgeting is a proven methodology that helps organizations monitor fiscal performance and control expenditures. This course demonstrates the powerful tools available with the MIP Cloud Budget Module. In Part 1 of the two-part Budget series you will review module setup, create budget versions, establish primary budget controls, create budget worksheets, modify budgets, and practice transferring budget transactions to Accounting.

You must register for Part 1 and Part 2 of the series at the same time.

• Define budget versions, set up primary budget controls, and enable critical segments
• Create budget versions
• Use the budget worksheet
• Validate budget entries and transfer to accounting

MIPC222.2 - MIP Cloud Budget Part II

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

Budgeting is a proven methodology that helps organizations monitor fiscal performance and control expenditures. This course demonstrates the powerful tools available with the MIP Cloud Budget Module. In Part 2 of the two-part Budget series you will create manual budget entries, adjust posted budgets for revisions, and review available reporting options.

You must register for Part 1 and Part 2 of the series at the same time.

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

• Create manual budget entries
• Adjust posted budgets for revisions
• Review available budget reports

MIPC247 - MIP Cloud Direct Deposit for Payroll

Course Level: Basic
Prerequisite: General Ledger Transaction Entry
Instructional Method: Group Internet Based
Recommended CPE Credits: 1
One-Hour Class
Published: 12/15/2022

Exercise more control over payroll disbursements while giving your employees the convenience of electronically depositing their pay with Direct Deposit. In this course you will learn the steps necessary for creating direct deposit files to transmit to your financial institution. The course will also cover required organization and employee information. You will also learn how to run a Direct Deposit File Register report.

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

• Enter organization bank routing information.
• Create email voucher templates.
• Set up employee records for direct deposit.
• Create a direct deposit ACH file.
• Run direct deposit reports.

For additional training, and to learn more about setting up payroll and processing payrolls, attend the “MIPC245 - MIP Cloud Payroll Setup” and “MIPC246 - MIP Cloud Payroll Processing” courses.

MIPC210 - MIP Cloud EFT for AP

Course Level: Basic
Prerequisites: General Ledger Transaction Entry
Instructional Method: Group Internet Based
Recommended CPE Credits: 1
One Hour Class
Published: 03/2024

Join this session to learn how to use the Electronic Funds Transfer for Accounts Payable module to save time, money, and the hassle of printing and mailing checks. The module seamlessly integrates with the Accounts Payable module providing more options for reducing costs and improving service. Learn how to distribute payments via electronic funds transfer.

For additional training, and to learn more about daily processing tasks in the Accounts Payable module, attend the “MIPC205 - MIP Cloud Accounts Payable Processing” course.

After completing this course, you will be able to:

• Set up electronic funds transfer banking information
• Discuss pre-notes, their creation and use
• Add vendor bank information to vendor records
• Create vendor payment vouchers
• Create an electronic file of vendor payments
• Produce reports of vendor electronic funds transfer payments

MIPC228 - MIP Cloud Fixed Assets Management

Course Level: Intermediate
Prerequisite: General Ledger Transaction Entry
Instructional Method: Group Internet Based
Recommended CPE Credits: 2
Two-Hour Class
Published: 06/2021

In this course, participants learn how to create asset codes to track individual assets, depreciation and warranty information in MIP Cloud. Participants also learn how to enter assets during transaction entry of accounts payable invoices or while entering cash disbursements; transferring depreciation calculations to the general ledger; and disposal of assets. The course concludes with a discussion of various fixed asset reports.

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

• Set up the Fixed Assets module.
• Create and modify assets.
• Use the Fixed Assets quick entry form.
• Calculate, review, adjust, dispose, and transfer depreciation.
• Generate reports on Fixed Assets.

MIPC201 - MIP Cloud System Administration

Course Level: Basic
Prerequisite: Participants must have access to the web component of MIP Cloud prior to class.
Recommended Prerequisite: None
Instructional Method: Group Internet Based
Recommended CPE Credits: 2
Two Hour Class
Published: 03/2024

This course will cover creating an organization's accounting database, and performing general application housekeeping and administration. You will receive an overview of the structure and design of the components of the database and in-depth information on the utilities that control the database itself and the integrity of the data entry process for the database.

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

• Navigate within both MIP Cloud interfaces: the modern user interface and the classic user interface.
• Create a new organization database and modify organization settings.
• Attach encrypted documents in the cloud and manage categories
• View available activity and audit logs
• Initiate data integrity checks and review the default table structure

MIPC202 - MIP Cloud Accounting Admin and Setup

Course Level: Basic
Prerequisite: Participants must have access to the web component of MIP Cloud prior to class.
Recommended Prerequisite: None
Instructional Method: Group Internet Based
Recommended CPE Credits: 2
Two Hour Class
Published: 03/2024

This course tours the available setup items in your MIP Cloud database as it pertains to your general ledger and reporting. You will learn how to set up chart of account codes and use the model account feature. This is followed by a discussion on features critical to reporting with closing account assignments and offset account assignments. We also include a section on expediting data entry and preventing errors with lessons on distribution codes and account code combinations. Finally, you'll learn how to attach documents to the available transaction types in the application

After completing this course, you will be able to:

• Create chart of accounts codes, and use model accounts.
• Create offset account assignments, closing account assignments, account code combinations and distribution codes.
• Distinguish between valid and invalid account code combinations.
• List which forms the attachments feature is available for in the application, and demonstrate how to attach documents.

MIPC203 - MIP Cloud Basic Transactions

Course Level: Basic
Prerequisite: Participants must have access to the web component of MIP Cloud prior to class.
Recommended Prerequisite: None
Instructional Method: Group Internet Based
Recommended CPE Credits: 1
One Hour Class
Published: 03/2024

This course covers entering simple transactions in the general ledger such as journal vouchers, cash disbursements, cash receipts, write checks, and write receipts.

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

• Create, edit, view and post basic general ledger transctions.
• Discuss the auto-increment feature in the product
• Cite considerations for creating session IDs
• Produce a receipt of deposit or a write check in the application.

MIPC204 - MIP Cloud Correcting Transactions

Course Level: Basic
Prerequisite: Participants must have access to the web component of MIP Cloud prior to class.
Recommended Prerequisite: MIPC305 - MIP Cloud Accounts Payable Processing
Instructional Method: Group Internet Based
Recommended CPE Credits: 1
One Hour Class
Published: 03/2024

This course covers correcting transactions in the general ledger, using the Accounts Payable module as an example. In this course, we will learn how to correct documents at the session level, or document level, as well as making corrections to the general ledger such as voiding checks or recording check spoilage. These concepts can be applied to multiple modules in the product.

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

• Reverse and copy entire sessions of documents.
• Reverse and copy individual documents within sessions.
• Void checks or vouchers, and record check spoilage.

MIPC245 - MIP Cloud Payroll Setup

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.

MIPC246 - MIP Cloud Payroll Processing

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.

MIPC247 - MIP Cloud Direct Deposit for Payroll

Course Level: Basic
Prerequisite: General Ledger Transaction Entry
Instructional Method: Group Internet Based
Recommended CPE Credits: 1
One-Hour Class
Published: 12/15/2022

Exercise more control over payroll disbursements while giving your employees the convenience of electronically depositing their pay with Direct Deposit. In this course you will learn the steps necessary for creating direct deposit files to transmit to your financial institution. The course will also cover required organization and employee information. You will also learn how to run a Direct Deposit File Register report.

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

• Enter organization bank routing information.
• Create email voucher templates.
• Set up employee records for direct deposit.
• Create a direct deposit ACH file.
• Run direct deposit reports.

For additional training, and to learn more about setting up payroll and processing payrolls, attend the “MIPC245 - MIP Cloud Payroll Setup” and “MIPC246 - MIP Cloud Payroll Processing” courses.

MIPC215 - MIP Cloud Reporting

Course Level: Basic
Prerequisites: Participants must have access to the web component of MIP Cloud prior to class.
Instructional Method: Group Internet Based
Recommended CPE Credits: 1.5
One and One Half Hour Class

MIP Cloud delivers everything you need to track, report, and manage finances according to your unique revenue sources in an intuitive modern user interface. This course focuses on generating reports, reviewing content, and becoming familiar with the reporting interface.

One of the key requirements of accounting software is the ability to retrieve and view your data the way it makes sense to you. In this course, you will gain an understanding of the reporting engine, by examining the report builder, default reports, filter options and date fields available through MIP Cloud Reporting. You will also review list reports, transaction reports, and analysis reports.

During the course you will be able to 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 “MIPC216 - MIP Cloud Financial Statements” and “MIPC217 - MIP Cloud Advanced Reporting Functions” courses.

• Create, view and export reports using the Report Builder.
• Identify the information available in List, Transaction, and Analysis reports.
• Define date selections for reports.
• Export reports using the Report Queue.

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.

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

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.

• 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.

MIPC203 - MIP Cloud Basic Transactions

Course Level: Basic
Prerequisite: Participants must have access to the web component of MIP Cloud prior to class.
Recommended Prerequisite: None
Instructional Method: Group Internet Based
Recommended CPE Credits: 1
One Hour Class
Published: 03/2024

This course covers entering simple transactions in the general ledger such as journal vouchers, cash disbursements, cash receipts, write checks, and write receipts.

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

• Create, edit, view and post basic general ledger transctions.
• Discuss the auto-increment feature in the product
• Cite considerations for creating session IDs
• Produce a receipt of deposit or a write check in the application.

MIPC204 - MIP Cloud Correcting Transactions

Course Level: Basic
Prerequisite: Participants must have access to the web component of MIP Cloud prior to class.
Recommended Prerequisite: MIPC305 - MIP Cloud Accounts Payable Processing
Instructional Method: Group Internet Based
Recommended CPE Credits: 1
One Hour Class
Published: 03/2024

This course covers correcting transactions in the general ledger, using the Accounts Payable module as an example. In this course, we will learn how to correct documents at the session level, or document level, as well as making corrections to the general ledger such as voiding checks or recording check spoilage. These concepts can be applied to multiple modules in the product.

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

• Reverse and copy entire sessions of documents.
• Reverse and copy individual documents within sessions.
• Void checks or vouchers, and record check spoilage.

MIPC205 - MIP Cloud Accounts Payable Processing

Course Level: Basic
Prerequisite: Participants must have access to the web component of MIP Cloud prior to class.
Recommended Prerequisite: MIPC303 - MIP Cloud Basic Transactions: Recorded Session
Instructional Method: Group Internet Based
Recommended CPE Credits: 2
Two Hour Class
Published: 03/2024

This course covers learn time-saving techniques for processing and reporting accounts payable transactions in MIP Cloud. Working through a series of real world lessons, you will learn each step in the accounts payable cycle from creating vendors, to entering invoices, to printing checks. You will also explore reporting options and how to use the Accounts Payable dashboard to assess your organization’s complete payable picture.

After completing this course, you will be able to:

• Create and edit vendor records
• Create accounts payable invoice sessions
• Use techniques to streamline invoice entry
• Post accounts payable invoice sessions
• Select invoices for payment
• Identify accounts payable reporting options
• Use the Accounts payable dashboard to evaluate payable performance

MIPC206 - MIP Cloud Accounts Payable Analysis

Course Level: Basic
Prerequisites: MIPC305 - MIP Cloud Accounts Payable Processing or FA205 - MIP Fund Accounting Accounts Payable Processing
Instructional Method: Group Internet Based
Recommended CPE Credits: 2
Two Hour Class

In this course, 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.

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.

MIPC207 - MIP Cloud Accounts Receivable Processing

Course Level: Basic
Prerequisite: Participants must have access to the web component of MIP Cloud prior to class
Recommended Prerequisite: MIPC314 - MIP Cloud Dashboard & Analytics
Instructional Method: Group Internet Based
Recommended CPE Credits: 2
Two Hour Class
Published: 03/2024

This course will cover processing skills that improve accuracy and save valuable time throughout the accounts receivable cycle. Learn how to create customers, enter invoices, and enter A/R receipts, credit customers, as well as generate reports.

After completing this course, you will be able to:

• Create and edit customer records
• Create accounts receivable invoice sessions
• Use techniques to streamline invoice entry
• Post accounts receivable invoice sessions
• Enter accounts receivable receipts
• Credit customer accounts with AR credits
• Identify accounts receivable reporting options

ACC101 - Fundamentals of Nonprofit Accounting: Nonprofit vs. Not-for-Profit

Course Level: Basic
Recommended Prerequisites: None
Instructional Method: Recorded Session
Recommended CPE Credits: Not Eligible for CPE
Access Period: 60 days from Purchase
Estimated Time to Complete: Two Minutes

The three-part Fundamentals of Nonprofit Accounting series provides accountants and other professionals with an overview of nonprofit accounting terminology and reports. This first installment discusses common terminology related to nonprofit organizations.

The content in this video does not constitute accounting advice. If you have questions regarding generally accepted accounting principles, processes, or procedures we recommend that you contact a Certified Public Accountant.

By the end of the session, you will be familiar with:

• The different usages of the terms 'Nonprofit' and 'Not-For-Profit'.
• How the IRS makes the distinction.
• Several types of 'Nonprofit' Organizations.
• The different IRS classifications of 'Nonprofits'.

ACC102 - Fundamentals of Nonprofit Accounting: Core Not-for-Profit Financial Statements

Course Level: Basic
Recommended Prerequisites: None
Instructional Method: Recorded Session
Recommended CPE Credits: Not Eligible for CPE
Access Period: 60 days from Purchase
Estimated Time to Complete: Four Minutes

The three-part Fundamentals of Nonprofit Accounting series provides accountants and other professionals with an overview of nonprofit accounting terminology and reports. This second installment reviews the basic set of financial statements produced by most organizations with explanations and examples of each core Not-For-Profit financial statement.

The content in this video does not constitute accounting advice. If you have questions regarding generally accepted accounting principles, processes, or procedures we recommend that you contact a Certified Public Accountant.

By the end of the session, you will be familiar with:

• FASB 117.
• The reports FASB 117 requires Nonprofits prepare for the public.
• What each report does and from where the information is gathered, including explanations and examples of each.
• How these four reports tie (or agree) to each other.

ACC103 - Fundamentals of Nonprofit Accounting: Accounting Fundamentals

Course Level: Basic
Recommended Prerequisites: None
Instructional Method: Recorded Session
Recommended CPE Credits: Not Eligible for CPE
Access Period: 60 days from Purchase
Estimated Time to Complete: Five Minutes

The three-part Fundamentals of Nonprofit Accounting series provides accountants and other professionals with an overview of nonprofit accounting terminology and reports. This third installment reviews the basic concepts of accrual vs. cash basis accounting, the general ledger, debits and credits, and the five accounting elements.

The content in this video does not constitute accounting advice. If you have questions regarding generally accepted accounting principles, processes, or procedures we recommend that you contact a Certified Public Accountant.

By the end of the session, you will have a basic understanding of:

• The Cash Basis vs. Accrual Basis of accounting.
• The General Ledger.
• The rules of debits and credits.
• The five accounting elements.
• Common accounting abbreviations.

MIPC305 - MIP Cloud Accounts Payable Processing: Self-Study

Course Level: Basic
Prerequisite: Participants must have access to the web component of MIP Cloud prior to class.
Recommended Prerequisite: MIPC303 - MIP Cloud Basic Transactions: Recorded Session
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: Two Hours

This self-study course covers learn time-saving techniques for processing and reporting accounts payable transactions in MIP Cloud. Working through a series of real world lessons, you will learn each step in the accounts payable cycle from creating vendors, to entering invoices, to printing checks. You will also explore reporting options and how to use the Accounts Payable dashboard to assess your organization’s complete payables picture.

After completing this course, you will be able to:

• Create and edit vendor records
• Create accounts payable invoice sessions
• Use techniques to streamline invoice entry
• Post accounts payable invoice sessions
• Select invoices for payment
• Identify accounts payable reporting options
• Use the Accounts payable dashboard to evaluate payable performance

MIPC306 - MIP Cloud Accounts Payable Analysis

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.

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.

MIPC307 - MIP Cloud Accounts Receivable Processing: Self-Study

Course Level: Basic
Prerequisite: Participants must have access to the web component of MIP Cloud prior to class
Recommended Prerequisite: MIPC314 - MIP Cloud Dashboard & Analytics
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: Two Hours

This self-study course will cover processing skills that improve accuracy and save valuable time throughout the accounts receivable cycle. Learn how to create customers, enter invoices, and enter A/R receipts, credit customers, as well as generate reports.

After completing this course, you will be able to:

• Create and edit customer records
• Create accounts receivable invoice sessions
• Use techniques to streamline invoice entry
• Post accounts receivable invoice sessions
• Enter accounts receivable receipts
• Credit customer accounts with AR credits
• Identify accounts receivable reporting options

MIPC321 - MIP Cloud Bank Reconciliation: Self-Study

Course Level: Basic
Prerequisite: Participants must have access to the web component of MIP Cloud prior to class.
Recommended Prerequisite: MIP314 - MIP Cloud Dashboards & Analytics
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: Two Hours

This self-study course covers how to reconcile General Ledger cash accounts with the corresponding bank statements. Participants will learn how to clear Checks/Vouchers, Deposits, and Other Cash Items. They will discover when to create and how to clear Suspense Items. The information on the Summary page will be explored. The session concludes with a discussion of available reports.

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

• Access the bank reconciliation module and establish required permissions
• Create and use reconiliation IDs
• Use each tab of the reconcile cash accounts form
• Determine which reports are available for the module

MIPC322 - MIP Cloud Budget: Recorded Session

Course Level: Basic
Recommended Prerequisite: Participants must have access to the web component of MIP to complete activities.
Instructional Method: Recorded Session
Recommended CPE Credits: Not Eligible for CPE
Access Period: One Year from Purchase
Estimated Time to Complete: Two Hours

Budgeting is a proven methodology that helps organizations monitor fiscal performance and control expenditures. This recorded session demonstrates the powerful tools available with the MIP Cloud Budget Module. Module setup, budget versions, primary budget controls, budget worksheets, manual budget entries, budgets revisions, and reporting options are covered.

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

• Define budget versions, set up primary budget controls, and enable critical segments
• Create budget versions
• Use the budget worksheet
• Validate budget entries and transfer to accounting
• Create manual budget entries
• Adjust posted budgets for revisions
• Define available budget reports

MIPC314 - MIP Cloud Dashboards and Analytics: Recorded Session

Course Level: Basic
Prerequisites: None
Instructional Method: Recorded Session (recorded instructor led discussion with training guide)
Recommended CPE Credits: Not Eligible for CPE
Access Period: One Year from Purchase
Estimated Time to Complete: One Hour

The Dashboards and Analytics course will prepare you to pull key performance indicators and custom dashboards of your organization’s data on day one. Beginning with navigation and customizing your workspace, you'll then learn how to use the product's built-in dashboards to create custom dashboards with widgets and data that are of interest to you.

• Log into MIP Cloud to manage your user account and use common navigation terminology
• Distinguish between KPIs and Charts
• Use default dashboards for analysis
• Refresh, filter, and customize the dashboard.

MIPC310 - MIP Cloud EFT for AP: Recorded Session

Course Level: Basic
Prerequisites: General Ledger Transaction Entry
Instructional Method: Recorded Session (recorded instructor led discussion with training guide)
Recommended CPE Credits: Not Eligible for CPE
Access Period: One Year from Purchase
Estimated Time to Complete: One Hour

View this recorded session to learn how to use the Electronic Funds Transfer for Accounts Payable module to save time, money, and the hassle of printing and mailing checks. The module seamlessly integrates with the Accounts Payable module providing more options for reducing costs and improving service. Learn how to distribute payments via electronic funds transfer.

For additional training, and to learn more about daily processing tasks in the Accounts Payable module, attend the “MIPC305 - MIP Cloud Accounts Payable Processing” course.

After completing this course, you will be able to:

• Set up electronic funds transfer banking information
• Discuss pre-notes, their creation and use
• Add vendor bank information to vendor records
• Create vendor payment vouchers
• Create an electronic file of vendor payments
• Produce reports of vendor electronic funds transfer payments

MIPC300 - MIP Cloud Introduction: Recorded Session

Course Level: Basic
Prerequisite: Participants must have access to the web component of MIP Cloud prior to class.
Recommended Prerequisite: None
Instructional Method: Recorded Session
Recommended CPE Credits: Not Eligible for CPE
Access Period: One Year from Purchase
Estimated Time to Complete: 15 Minutes

This brief recorded session will introduce you to the MIP Cloud modern user interface. Logging into the Application will be discussed as well as how to navigate within the Application. Creating a basic transaction and report will also be demonstrated. This session is a great place for customers new to the MIP Cloud modern user interface to start their learning journey.

Additional comprehensive training on all MIP Cloud modern user interface features and modules is available on Community Brands University.

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

• Navigate to abila.onine.com.
• Sign into the Application.
• Navigate through the menu structure.
• Describe the steps to create a transaction.
• Describe the steps to create a basic report.

MIPC301 - MIP Cloud System Administration: Recorded Session

Course Level: Basic
Prerequisite: Participants must have access to the web component of MIP Cloud prior to class.
Recommended Prerequisite: None
Instructional Method: Recorded Session
Recommended CPE Credits: Not Eligible for CPE
Access Period: One Year from Purchase
Estimated Time to Complete: Two Hour

This recorded sesssion will discuss creating an organization's accounting database, and performing general application housekeeping and administration. You will receive an overview of the structure and design of the components of the database and in-depth information on the utilities that control the database itself and the integrity of the data entry process for the database.

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

• Navigate within both MIP Cloud interfaces: the modern user interface and the classic user interface.
• Create a new organization database and modify organization settings.
• Attach encrypted documents in the cloud and manage categories
• View available activity and audit logs
• Initiate data integrity checks and review the default table structure

MIPC302 - MIP Cloud Accounting Admin and Setup: Self-Study

Course Level: Basic
Prerequisite: Participants must have access to the web component of MIP Cloud prior to class.
Recommended Prerequisite: None
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: Two Hours

This self-study course tours the available setup items in your MIP Cloud database as it pertains to your general ledger and reporting. You will learn how to set up chart of account codes and use the model account feature. This is followed by a discussion on features critical to reporting with closing account assignments and offset account assignments. We also include a section on expediting data entry and preventing errors with lessons on distribution codes and account code combinations. Finally, you'll learn how to attach documents to the available transaction types in the application

After completing this course, you will be able to:

• Create chart of accounts codes, and use model accounts.
• Create offset account assignments, closing account assignments, account code combinations and distribution codes.
• Distinguish between valid and invalid account code combinations.
• List which forms the attachments feature is available for in the application, and demonstrate how to attach documents.

MIPC300 - MIP Cloud Introduction: Recorded Session

Course Level: Basic
Prerequisite: Participants must have access to the web component of MIP Cloud prior to class.
Recommended Prerequisite: None
Instructional Method: Recorded Session
Recommended CPE Credits: Not Eligible for CPE
Access Period: One Year from Purchase
Estimated Time to Complete: 15 Minutes

This brief recorded session will introduce you to the MIP Cloud modern user interface. Logging into the Application will be discussed as well as how to navigate within the Application. Creating a basic transaction and report will also be demonstrated. This session is a great place for customers new to the MIP Cloud modern user interface to start their learning journey.

Additional comprehensive training on all MIP Cloud modern user interface features and modules is available on Community Brands University.

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

• Navigate to abila.onine.com.
• Sign into the Application.
• Navigate through the menu structure.
• Describe the steps to create a transaction.
• Describe the steps to create a basic report.

MIPC300 - MIP Cloud Introduction: Recorded Session

Course Level: Basic
Prerequisite: Participants must have access to the web component of MIP Cloud prior to class.
Recommended Prerequisite: None
Instructional Method: Recorded Session
Recommended CPE Credits: Not Eligible for CPE
Access Period: One Year from Purchase
Estimated Time to Complete: 15 Minutes

This brief recorded session will introduce you to the MIP Cloud modern user interface. Logging into the Application will be discussed as well as how to navigate within the Application. Creating a basic transaction and report will also be demonstrated. This session is a great place for customers new to the MIP Cloud modern user interface to start their learning journey.

Additional comprehensive training on all MIP Cloud modern user interface features and modules is available on Community Brands University.

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

• Navigate to abila.onine.com.
• Sign into the Application.
• Navigate through the menu structure.
• Describe the steps to create a transaction.
• Describe the steps to create a basic report.

MIPC315 - MIP Cloud Reporting

Course Level: Basic
Prerequisites: 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: 1 Hour
Published: 12/15/2022

MIP Cloud delivers everything you need to track, report, and manage finances according to your unique revenue sources in an intuitive modern user interface. This recorded session focuses on generating reports, reviewing content, and becoming familiar with the reporting interface.

One of the key requirements of accounting software is the ability to retrieve and view your data the way it makes sense to you. In this course, you will gain an understanding of the reporting engine, by examining the report builder, default reports, filter options, and date fields available through MIP Cloud Reporting. You will also review list reports, transaction reports, and analysis reports.

During the course you will be able to complete hands-on activities, using the included training guide, 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 “MIPC216 - MIP Cloud Financial Statements” and “MIPC217 - MIP Cloud Advanced Reporting Functions” courses.

• Create, view, and export reports using the Report Builder.
• Identify the information available in List, Transaction, and Analysis reports.
• Define date selections for reports.
• Export reports using the Report Queue.

MIPC303 - MIP Cloud Basic Transactions: Recorded Session

Course Level: Basic
Prerequisite: Participants must have access to the web component of MIP Cloud prior to class.
Recommended Prerequisite: None
Instructional Method: Recorded Session
Recommended CPE Credits: Not Eligible for CPE
Access Period: One Year from Purchase
Estimated Time to Complete: One Hour

This recorded session will discuss entering simple transactions in the general ledger such as journal vouchers, cash disbursements, cash receipts, write checks, and write receipts.

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

• Create, edit, view and post basic general ledger transctions.
• Discuss the auto-increment feature in the product
• Cite considerations for creating session IDs
• Produce a receipt of deposit or a write check in the application.

MIPC304 - MIP Cloud Correcting Transactions: Recorded Session

Course Level: Basic
Prerequisite: Participants must have access to the web component of MIP Cloud prior to class.
Recommended Prerequisite: MIPC305 - MIP Cloud Accounts Payable Processing
Instructional Method: Recorded Session
Recommended CPE Credits: Not Eligible for CPE
Access Period: One Year from Purchase
Estimated Time to Complete: One Hour

This recorded session will discuss correcting transactions in the general ledger, using the Accounts Payable module as an example. In this course, we will learn how to correct documents at the session level, or document level, as well as making corrections to the general ledger such as voiding checks or recording check spoilage. These concepts can be applied to multiple modules in the product.

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

• Reverse and copy entire sessions of documents.
• Reverse and copy individual documents within sessions.
• Void checks or vouchers, and record check spoilage.

MIPC305 - MIP Cloud Accounts Payable Processing: Self-Study

Course Level: Basic
Prerequisite: Participants must have access to the web component of MIP Cloud prior to class.
Recommended Prerequisite: MIPC303 - MIP Cloud Basic Transactions: Recorded Session
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: Two Hours

This self-study course covers learn time-saving techniques for processing and reporting accounts payable transactions in MIP Cloud. Working through a series of real world lessons, you will learn each step in the accounts payable cycle from creating vendors, to entering invoices, to printing checks. You will also explore reporting options and how to use the Accounts Payable dashboard to assess your organization’s complete payables picture.

After completing this course, you will be able to:

• Create and edit vendor records
• Create accounts payable invoice sessions
• Use techniques to streamline invoice entry
• Post accounts payable invoice sessions
• Select invoices for payment
• Identify accounts payable reporting options
• Use the Accounts payable dashboard to evaluate payable performance

MIPC306 - MIP Cloud Accounts Payable Analysis

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.

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.

MIPC307 - MIP Cloud Accounts Receivable Processing: Self-Study

Course Level: Basic
Prerequisite: Participants must have access to the web component of MIP Cloud prior to class
Recommended Prerequisite: MIPC314 - MIP Cloud Dashboard & Analytics
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: Two Hours

This self-study course will cover processing skills that improve accuracy and save valuable time throughout the accounts receivable cycle. Learn how to create customers, enter invoices, and enter A/R receipts, credit customers, as well as generate reports.

After completing this course, you will be able to:

• Create and edit customer records
• Create accounts receivable invoice sessions
• Use techniques to streamline invoice entry
• Post accounts receivable invoice sessions
• Enter accounts receivable receipts
• Credit customer accounts with AR credits
• Identify accounts receivable reporting options

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.