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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.

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

  • 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.

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.

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.

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.