Course Level: Basic
Prerequisites: General Ledger Transaction Entry
Instructional Method: Group Internet Based
Recommended CPE Credits: Not Eligible for CPE
Two-Hour Class
Published: 01/2024
This course covers general ledger activities using the General Ledger module. Focus will be on the online Check Writing and Receipt Writing features. Participants will learn how to void checks, copy/reverse sessions and edit system-generated checks. Also covered are the procedures for closing the fiscal year.
Course Level: Basic
Prerequisites: General Ledger Transaction Entry
Instructional Method: Group Internet Based
Recommended CPE Credits: 2
Two Hour Class
Published: 01/2024
In this course, we will discover three report categories for reporting on vendor
information: Vendor Lists, Vendor Payments, and Vendor Analysis. After learning how to use
these reports, we will apply that knowledge to troubleshoot two case studies. Finally, we will
review available tools to make corrections through lessons on copy and reverse and void
checks. Throughout the course, look for tips included to help you protect your organization
against fraud.
For additional training, and to learn more about daily processing tasks in the Accounts Payable module, attend the “FA205 – MIP Accounting Accounts Payable Processing” course.
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.
- Correct A/P transactions
Course Level: Basic
Prerequisites: None
Instructional Method: Group Internet Based
Recommended CPE Credits: 2
Two-Hour Class
Published: 01/2024
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 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 Accounting Financial Statements” and “FA217 – MIP 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
Course Level: Advanced
Prerequisite: Participants must install the MIP Accounting DrillPoint Reporting module prior to class
Recommended Prerequisite: FA216 – MIP Accounting Financial Statements
Instructional Method: Group Internet Based
Recommended CPE Credits: 3
Three-Hour Class
MIP Accounting DrillPoint Reporting provides additional reporting tools that leverage the familiar Microsoft Excel ® workbook. 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 Accounting data. The use of templates, formatting, formulas, and drill-down access will be introduced using real world financial reports.
Note: MIP Accounting DrillPoint Reporting 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
Course Level: Basic
Prerequisites: none
Instructional Method: Group Internet Based
Recommended CPE Credits: 1
One-Hour Class
Published: 01/2024
This class 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. They will also explore information on the Summary page. The session concludes with a discussion of summary, detail, default, and customized reports.
Course Level: Intermediate
Instructional Method: Group Internet Based
Recommended CPE Credits: 3
Three-Hour Class
Published: 01/2024
Budgets allow users to monitor fiscal performance and control expenditures. This session demonstrates the powerful tools available with the MIP Accounting Budget Module. Participants will learn about budget versions and budget controls. You will create Budget worksheets utilizing an intuitive budget wizard. Learn how to modify, revise and transfer a completed budget worksheet. You will also practice monitoring budget amounts and creating budget reports.
By the end of the session, you will be able to:
- Create multiple budget versions and assign a primary budget
- Establish appropriate budget controls
- Enter budget amounts
- Create and update budgets efficiently with the Budget Worksheet wizard
- Review budget performance and results
Course Level: Basic
Instructional Method: Group Internet Based
Recommended CPE Credits: 3
Three-Hour Class
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. You will also learn how to create default timesheets that will reduce data entry time.
For additional training, and to learn more about processing payrolls and distributing payments via direct deposit, attend the “FA246 – MIP Accounting Payroll Processing” and “FA247 – MIP Accounting Direct Deposit for Payroll” courses.
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 Accounting Payroll Setup” and “FA247 – MIP Accounting Deposit for Payroll” courses.
Course Level: Basic
Prerequisite: General Ledger Transaction Entry
Instructional Method: Group Internet Based
Recommended CPE Credits: 1
One-Hour Class
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 research and review payment history.
For additional training, and to learn more about setting up payroll and processing payrolls, attend the “FA245 – MIP Accounting Payroll Setup” and “FA246 – MIP Accounting Payroll Processing” courses.
Course Level: Beginner
Prerequisites: None
Instructional Method: Group Internet Based
Recommended CPE Credits: 1
One-Hour Class
Published: 06/2021
The MIP Accounting Employee Web Services Module integrates with the Human Resource Management and Payroll modules providing a convenient web-based employee portal with efficient automated timesheet management and employee data access.
This course is focused on employee activities; entering time, leave, and expenses as well as editing personal information.
Demonstration Only: Class activities will be demonstrated by the instructor. Participants will be able to view the activities on screen as well as follow along in the training materials as the exercises are performed. Participants will also be able to ask questions interactively.
By the end of the session, you will be able to:
Enter your hours on a timesheet.
Request leave and enter leave taken.
Enter expenses for reimbursement.
Create and send messages to your manager and Human Resources.
