Course Level: Intermediate
Prerequisites:
FA104 – MIP Accounting Human Resource Management Workshop or
FA248 – MIP Accounting Human Resource Management Setup and FA249 – MIP Fund Accounting Human Resource Management Processing
Instructional Method: Group Internet Based
Recommended CPE Credits: 1.5
One and one-half 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 designed for human resource managers who need to understand the integrations between Employee Web Services, Human Resource Management, and Payroll in MIP Accounting.
We strongly recommend that participants have a thorough understanding of timesheet and payroll processing concepts and practices before attending this workshop. Please see the recommended course prerequisites.
This class covers the pre-configuration work in Payroll and Human Resource Management as well as administrative tasks and payroll processing. Participants will learn how to create cost centers, set up timesheets, create EWS accounts for employees, approve employee time entries, leave requests, and expenses. The course concludes with reviewing timesheets and processing payroll.
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.
This course covers topics related to the following modules:
General Ledger
Payroll
Human Resource Management
Employee Web Services
By the end of the session, you will be able to:
- Describe how the Employee Web Services module integrates with the Human Resource Management and Payroll modules.
- Set up cost centers.
- Define global timesheet settings.
- Define employee timesheet settings.
- Create employee accounts.
- Process payrolls using Employee Web Services and Human Resource Management module functionality.
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: Intermediate
Prerequisite: General Ledger Transaction Entry attendance or general ledger transaction entry proficiency
Instructional Method: Group Internet Based
Recommended CPE Credits: 2
Two-Hour Class
Encumbrances help you manage expenditures and control your budget. This course covers how to encumber funds, review balances, and liquidate encumbrances. You will learn the process of creating a manual encumbrance, checking available budget balances, and liquidating encumbrances manually and with an accounts payable invoice. You will also learn about important encumbrance reports.
For additional training, and to learn more about creating purchase orders and processing accounts payable, attend the “FA224 – MIP Accounting Purchase Orders” and “FA205 – MIP Accounting Accounts Payable Processing” courses.
By the end of the session, you will be able to:
- Enter manual encumbrances
- Check encumbrance and budget balances while entering expenditure transactions
- Manually liquidate outstanding encumbrances
- Liquidate encumbrances while entering accounts payable invoices and cash disbursements
Course Level: Intermediate
Prerequisite: Encumbrances attendance or encumbrances proficiency
Instructional Method: Group Internet Based
Recommended CPE Credits: 3
Three-Hour Class
In this course, students will explore the complete purchase cycle, from adding item codes, to issuing a purchase order, to creating an accounts payable invoice. Students will also be shown how to create a purchase order with encumbrances, receive the items, adjust the receipt if necessary, and then apply it to an invoice. Canceling purchase order items, voiding a purchase order, and a discussion of relevant reports are also covered in this class.
For additional training, and to learn more about working with encumbrances and processing accounts payable, attend the “FA223 – MIP Accounting Encumbrances” and “FA205 MIP Accounting Accounts Payable Processing” courses.
By the end of the session, you will be able to:
- Create item codes for frequently purchased goods and services
- Categorize items for easy application to purchase orders
- Define shipping and billing locations
- Print a purchase order
- Automatically create encumbrances with a purchase order
- Save time by applying a purchase order to an accounts payable invoice
- Cancel and void purchase order items
- Research and review purchase order history
Course Level: Basic
Instructional Method: Group Internet Based
Recommended CPE Credits: 2
Two-Hour Class
Electronic Requisitions allows organization employees to submit requests for goods and services electronically and route the requests through multiple approval levels. Processing requisitions electronically saves time and resources.
Course participants will learn how to set up users and security as well as apply item and category codes (used in Purchase Orders) to requisitions. The course will also cover the submission, approval, or rejection process, as well as requisition management. Applying approved requisitions to Purchase Orders and relevant reports are also discussed.
For additional training, and to learn more about creating purchase orders and processing accounts payable, attend the FA224 – MIP Accounting Purchase Orders and FA205 – MIP Accounting Accounts Payable Processing courses.
By the end of the session, you will be able to:
- Set up requisition users and security rights
- Create approver hierarchies
- Create, submit, approve, and reject requisitions
- Manage requisitions
- Apply final approved requisitions to purchase orders
- Research and review requisition history
Course Level: Intermediate
Prerequisite: General Ledger Transaction Entry
Instructional Method: Group Internet Based
Recommended CPE Credits: 2
Two-Hour Class
Published: 01/2018
In this course, participants learn how to create asset codes to track individual assets, depreciation and warranty information. 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.
Course Level: Advanced
Instructional Method: Group Internet Based
Recommended CPE Credits: 2
Two-Hour Class
Published: 06/2021
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.
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.
