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MIPC317 – MIP Cloud Advanced Reporting Functions

Course Level: Advanced
Prerequisite: Participants must have access to the web component of MIP Cloud prior to class.
Recommended Prerequisite: MIPC216 – MIP Cloud Financial Statements
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: 1.5 hours
Published: 11/2024

This Self-Paced course is designed 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 required financial statements.

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

MIPC275 – MIP Fund Accounting Core LW

Course Level: Basic

Prerequisite: Participants must have access to the web component of MIP Cloud prior to class.
Recommended Prerequisite: We recommend a general understanding of product navigation.

Advanced Preparation: None

Instructional Method: Group Internet Based

Training Guide Format: Digital Online/Offline

Recommended CPE Credits: 19

Three Day Class

Published: 11/2024

This intensive 3-day Live Webcast course, using the MIP Cloud Modern User Interface, focuses on primary financial activities, providing a strong foundation for new customers and a broad understanding for more experienced customers. This course is ideal for accounts payable professionals, staff accountants, and the hands-on Chief Financial Officer.

You will learn core features of the general ledger, accounts payable, bank reconciliation, budget, and reporting modules. Study topics include creating and maintaining chart of account codes, processing and correcting accounts payable and general ledger transactions, creating and monitoring budgets, and reconciling bank accounts. You will also learn how to use the powerful built-in reporting tools to create reports and perform analysis.

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

  • Set up accounting administration (chart of accounts, auto-functions, organization preferences, etc.).
  • Setup, process and troubleshoot accounts payable.
  • Enter general ledger transactions, close fiscal years and adjust closed year balances.
  • Reconcile cash accounts.
  • Enter and adjust budgets.
  • Understand basic reporting functions

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.

This course is taught using the MIP Cloud Modern User Interface.

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

MIPC222 – MIP Cloud Budget

Course Level: Basic
Instructional Method: Group Internet Based
Recommended CPE Credits: 2
2 Hour Class
Published: 05/2024

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 this course we will discuss and create budget versions, create manual budget entries, create budget worksheets, modify budgets, and practice transferring budget transactions to Accounting. You will also learn how to create adjust posted budget worksheets for budget revisions and review available reporting options.

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

  • Create budget versions
  • Use the budget worksheet
  • Validate budget entries and transfer to accounting
  • Create manual budget entries
  • Adjust posted budgets for revisions
  • Review available budget reports

FA101 – MIP Fund Accounting Core Workshop

Course Level: Basic
Prerequisites: We recommend a general understanding of product navigation.
Instructional Method: Group Live
Recommended CPE Credits: 20
Two and One-Half Day Class

This intensive 2.5 day course focuses on primary financial activities, providing a strong foundation for new customers and a broad understanding for more experienced customers. This course is ideal for accounts payable professionals, staff accountants, and the hands-on Chief Financial Officer.

You will learn core features of the general ledger, accounts payable, bank reconciliation, budget, and reporting modules. Study topics include creating and maintaining chart of account codes, processing and correcting accounts payable and general ledger transactions, creating and monitoring budgets, and reconciling bank accounts. You will also learn how to use the powerful built-in reporting tools to create reports and perform analysis.

Class is held Monday from 1:00 – 5:00 p.m.
plus Tuesday and Wednesday, 9:00 a.m. – 5:00 p.m.

FA275 – MIP Fund Accounting Core LW

Course Level: Basic

Prerequisites: We recommend a general understanding of product navigation.

Advanced Preparation: None

Instructional Method: Group Internet Based

Training Guide Format: Digital Online/Offline

Recommended CPE Credits: 19

Three Day Class

Published: 8/2020

This intensive 3-day Live Webcast course focuses on primary financial activities, providing a strong foundation for new customers and a broad understanding for more experienced customers. This course is ideal for accounts payable professionals, staff accountants, and the hands-on Chief Financial Officer.

You will learn core features of the general ledger, accounts payable, bank reconciliation, budget, and reporting modules. Study topics include creating and maintaining chart of account codes, processing and correcting accounts payable and general ledger transactions, creating and monitoring budgets, and reconciling bank accounts. You will also learn how to use the powerful built-in reporting tools to create reports and perform analysis.

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

  • Set up accounting administration (chart of accounts, auto-functions, organization preferences, etc.).
  • Setup, process and troubleshoot accounts payable.
  • Enter general ledger transactions, close fiscal years and adjust closed year balances.
  • Reconcile cash accounts.
  • Enter and adjust budgets.
  • Understand basic reporting functions

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.

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
Published: 02/2024

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