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MIP Fund Accounting Product Knowledge – MIP Fund Accounting Core
MIP Fund Accounting Product Knowledge – General Ledger Transactions and Activities
MIP Fund Accounting Product Knowledge – Administration and Setup
MIP Fund Accounting Product Knowledge – Administration and Financial Reporting
MIP Cloud Product Knowledge – Reporting and Financial Statements
MIP Cloud Product Knowledge – General Ledger Transactions Self-Paced
MIP Cloud Product Knowledge – Administration and Setup Self-Paced
MIPC316 – MIP Cloud Financial Statements
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: 1.5 Hour
Published: 8/2024
This recorded session 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 and 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.
By the end of the session, you will be able to:
- Print default financial statements
- Create custom financial statement formats
- Create custom financial reports
FA106 – MIP Fund Accounting Finance & Reporting Workshop
Course Level: Basic
Prerequisites: We recommend a general understanding of product navigation.
Instructional Method: Group Live
Training Guide Format: Digital PDF
Recommended CPE Credits: 32
Four Day Class
Published: 11/2023
Our most comprehensive classroom offering, this intensive 4-day course focuses on primary financial activities and reporting, providing a strong foundation for new customers and a broad understanding for more experienced customers. This course is ideal for a wide range of accounting professionals responsible for high level administrative tasks, transaction processing, and advanced financial reporting including, general accountants, staff accountants, financial specialists, 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 daily processing tasks and skills that improve accuracy and save valuable time throughout the accounts receivable cycle. Learn how to create customers, enter invoices and credit memos, and process cash receipts and prepayments.
Then you will experience the powerful built-in reporting tools to create reports, including a deep dive into financial statements, advanced financial statement features, and fiscal year closing activities. Topics Covered: Quick & Default Financial Statements, Financial Statement Formats, Financial Statement Setup, Creating an R&E Financial Statement, Drill-Down Analyzer, Segment Substitution, Reporting on a Fiscal Year Other than The Organizations Fiscal Year, Statement of Cash Flows, Statement of Financial Position, GASB Statement of Activities, Forecasting, and Exporting Reports.
By the end of the class, you will be able to:
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 on Monday from 1:00 – 5:00 p.m., Tuesday, Wednesday, Thursday, 9:00 a.m. – 5:00 p.m. and Friday, from 9:00 a.m. – 12:00 p.m.