Receivables Management in Microsoft Dynamics GP 2010

Code: 80228
Course duration: 1 days
Location Period
Greenwich, Connecticut (Virtual Instructor-Led) 10-13
09:00AM to 05:00PM
enroll
Fort Lauderdale, Florida (Virtual Instructor-Led) 10-13
09:00AM to 05:00PM
enroll
Mid-Town New York City (Virtual Instructor-Led) 10-13
09:00AM to 05:00PM
enroll
Newark, New Jersey (Virtual Instructor-Led) 10-13
09:00AM to 05:00PM
enroll
Attend Online 10-13
09:00AM to 05:00PM
enroll
NYC-23rd Street (Virtual Instructor-Led) 10-13
09:00AM to 05:00PM
enroll
Northern New Jersey (Virtual Instructor-Led) 10-13
09:00AM to 05:00PM
enroll
Wilkes-Barre, Pennslyvania (Instructor-Led) 10-13
09:00AM to 05:00PM
enroll
Secaucus, New Jersey (Virtual Instructor-Led) 10-13
09:00AM to 05:00PM
enroll
Palm Beach County Florida (Instructor-Led) 10-13
09:00AM to 05:00PM
enroll
Fort Lauderdale, Florida (Virtual Instructor-Led) 11-10
09:00AM to 05:00PM
enroll
Mid-Town New York City (Virtual Instructor-Led) 11-10
09:00AM to 05:00PM
enroll
Newark, New Jersey (Virtual Instructor-Led) 11-10
09:00AM to 05:00PM
enroll
Attend Online 11-10
09:00AM to 05:00PM
enroll
NYC-23rd Street (Virtual Instructor-Led) 11-10
09:00AM to 05:00PM
enroll
Northern New Jersey (Virtual Instructor-Led) 11-10
09:00AM to 05:00PM
enroll
Wilkes-Barre, Pennslyvania (Virtual Instructor-Led) 11-10
09:00AM to 05:00PM
enroll
Secaucus, New Jersey (Instructor-Led) 11-10
09:00AM to 05:00PM
enroll
Palm Beach County Florida (Instructor-Led) 11-10
09:00AM to 05:00PM
enroll
Greenwich, Connecticut (Virtual Instructor-Led) 11-10
09:00AM to 05:00PM
enroll
Mid-Town New York City (Virtual Instructor-Led) 12-15
09:00AM to 05:00PM
enroll
Newark, New Jersey (Virtual Instructor-Led) 12-15
09:00AM to 05:00PM
enroll
Attend Online 12-15
09:00AM to 05:00PM
enroll
NYC-23rd Street (Virtual Instructor-Led) 12-15
09:00AM to 05:00PM
enroll
Northern New Jersey (Virtual Instructor-Led) 12-15
09:00AM to 05:00PM
enroll
Wilkes-Barre, Pennslyvania (Virtual Instructor-Led) 12-15
09:00AM to 05:00PM
enroll
Secaucus, New Jersey (Virtual Instructor-Led) 12-15
09:00AM to 05:00PM
enroll
Palm Beach County Florida (Instructor-Led) 12-15
09:00AM to 05:00PM
enroll
Greenwich, Connecticut (Instructor-Led) 12-15
09:00AM to 05:00PM
enroll
Fort Lauderdale, Florida (Virtual Instructor-Led) 12-15
09:00AM to 05:00PM
enroll
Mid-Town New York City (Virtual Instructor-Led) 01-12
09:00AM to 05:00PM
enroll
Newark, New Jersey (Virtual Instructor-Led) 01-12
09:00AM to 05:00PM
enroll
Attend Online 01-12
09:00AM to 05:00PM
enroll
NYC-23rd Street (Virtual Instructor-Led) 01-12
09:00AM to 05:00PM
enroll
Northern New Jersey (Virtual Instructor-Led) 01-12
09:00AM to 05:00PM
enroll
Wilkes-Barre, Pennslyvania (Virtual Instructor-Led) 01-12
09:00AM to 05:00PM
enroll
Secaucus, New Jersey (Virtual Instructor-Led) 01-12
09:00AM to 05:00PM
enroll
Palm Beach County Florida (Instructor-Led) 01-12
09:00AM to 05:00PM
enroll
Greenwich, Connecticut (Virtual Instructor-Led) 01-12
09:00AM to 05:00PM
enroll
Fort Lauderdale, Florida (Instructor-Led) 01-12
09:00AM to 05:00PM
enroll
Newark, New Jersey (Virtual Instructor-Led) 02-16
09:00AM to 05:00PM
enroll
Attend Online 02-16
09:00AM to 05:00PM
enroll
NYC-23rd Street (Virtual Instructor-Led) 02-16
09:00AM to 05:00PM
enroll
Northern New Jersey (Virtual Instructor-Led) 02-16
09:00AM to 05:00PM
enroll
Wilkes-Barre, Pennslyvania (Virtual Instructor-Led) 02-16
09:00AM to 05:00PM
enroll
Secaucus, New Jersey (Virtual Instructor-Led) 02-16
09:00AM to 05:00PM
enroll
Palm Beach County Florida (Instructor-Led) 02-16
09:00AM to 05:00PM
enroll
Greenwich, Connecticut (Virtual Instructor-Led) 02-16
09:00AM to 05:00PM
enroll
Fort Lauderdale, Florida (Virtual Instructor-Led) 02-16
09:00AM to 05:00PM
enroll
Mid-Town New York City (Instructor-Led) 02-16
09:00AM to 05:00PM
enroll
Greenwich, Connecticut (Virtual Instructor-Led) 03-16
09:00AM to 05:00PM
enroll
Fort Lauderdale, Florida (Virtual Instructor-Led) 03-16
09:00AM to 05:00PM
enroll
Mid-Town New York City (Virtual Instructor-Led) 03-16
09:00AM to 05:00PM
enroll
Newark, New Jersey (Virtual Instructor-Led) 03-16
09:00AM to 05:00PM
enroll
Attend Online 03-16
09:00AM to 05:00PM
enroll
NYC-23rd Street (Instructor-Led) 03-16
09:00AM to 05:00PM
enroll
Northern New Jersey (Virtual Instructor-Led) 03-16
09:00AM to 05:00PM
enroll
Wilkes-Barre, Pennslyvania (Virtual Instructor-Led) 03-16
09:00AM to 05:00PM
enroll
Secaucus, New Jersey (Virtual Instructor-Led) 03-16
09:00AM to 05:00PM
enroll
Palm Beach County Florida (Instructor-Led) 03-16
09:00AM to 05:00PM
enroll

80228: Receivables Management in Microsoft Dynamics GP 2010 (1 Day)

About this Course

The one-day Microsoft Dynamics GP Receivables Management course explores the accounting cycle and the processes required to enter invoices and receive payments from customers. This course shows you how to perform additional functions such as credit memos, prepayments, small balance write off, print customer statements, enter and void scheduled payments, and month-end closing procedures. You will also learn to set terms for calculating document discount dates and due dates, use balance forward and open-item statements, and apply any mix of the comprehensive service and finance charges available.

Audience Profile

This course is intended foranyone wanting to learn the basic features and to develop a working knowledge of the typical day-to-day procedures required to effectively use Microsoft Dynamics GP Receivables Management.
Receivables Management training is recommended for anyone who plans to implement, use, maintain, consult, or support Microsoft Dynamics GP. The class is targeted toward data entry clerks, administrators, office managers, and consultants who need to understand the technical aspects of Receivables Management and gain foundational knowledge of the application functionality.

At Course Completion

After completing this course, students will be able to:

  • Perform all Receivables Management related data entry functions including customer invoicing, customer payment application and recurring invoices.
  • Perform maintenance on Receivables Management documents and maintenance records such as customers, customer classes and scheduled payments.
  • Apply payments and prepayments to customer balances or against specific invoices.
  • Print standard reports for audit trail purposes, financial analysis and to verify data entry.
  • Troubleshoot and correct input errors including anincorrect posting date or incorrect document amounts.
  • Perform month-end procedures including aging customer documents, closing statement cycles and printing customer statements.

Course Outline

Module 1: Overview and Setup Procedures

This module gives students a general overview of the features and benefits of using Receivables Management in an integrated environment. In addition it discusses setup procedures and examines in detail the options available to customize. It also focuses on the integration between Receivables Managementand the General Ledger in Microsoft Dynamics GP.

Lessons

  • Receivables Management Overview
  • Setup Procedures
  • Receivables Management Setup
  • Receivables Setup Options
  • Sales Territory Maintenance
  • Salesperson Maintenance
  • Customer Class Setup
  • Customer Maintenance
  • Customer Maintenance Options
  • National Accounts Maintenance
  • Refund Checks Setup
  • Sales E-mail Setup
  • Beginning Balances

Lab : Receivables Management Overview and Setup Procedures

  • Receivables Management Setup
  • Setting Up a New Sales Territory
  • Setting Up a New Salesperson
  • Modify a Customer Class
  • Setting Up a New Customer
  • Setting Up a National Account
  • Setting Up Refund Checks

After completing this module, students will be able to:

  • Use the Setup windows to personalize Receivables Management for your business.
  • Set up Receivables classes to group customers and set up default information.
  • Configure the additional options available in Receivables Management.
  • Set up and maintain salesperson records, sales territories, and customers.
  • Create National Account relationships between parent and child customer IDs.
  • Set up refund checks to be used in Microsoft Dynamics GP.
  • Set up Receivables Management to e-mail documents.
  • Enter a customer's beginning balances.

Module 2: Daily Procedures

This moduleexplains the daily procedures performed in Receivables Management. It focuses on the entry of transactions such as invoices, cash receipts, and finance charges.

Lessons

  • Transaction Entry Overview
  • Receivables Batch Entry
  • Receivables Transaction Entry
  • Enter Receivables Scheduled Payments
  • Enter Cash Receipts
  • Apply Posted Transactions
  • Enter Refund Checks
  • Batch Recovery

Lab : Receivable Management Daily Procedures

  • Receivables Transaction Entry
  • Credit Memo Entry
  • Receivables Scheduled Payments
  • Cash Receipts Entry
  • National Accounts/Cash Receipts Entry
  • Apply Posted Transactions
  • Creating and Printing Refund Checks

After completing this module, students will be able to:

  • Provide an overview of the transaction posting process.
  • Create a Receivables batch.
  • Process scheduled payments.
  • Process refund checks.
  • Enter cash receipts and apply cash receipts and credit memos.
  • Apply posted receivables transactions to one another.
  • Recover from batch posting interruptions.
  • Enter different types of Receivables transactions. Print the edit lists and post transactions.

Module 3: Maintaining Records

This module focuses on the process of maintaining records in Receivables Management.It helps you learn how to manage and view your receivables data.

Lessons

  • NSF Checks, Voiding, and Waiving Posted Transactions
  • Change and Delete Records
  • Edit Receivables Transactions
  • Remove History
  • Reconcile
  • Perform an Inquiry
  • Reports

Lab : Receivables Management Maintaining Records

  • Voiding a Document
  • Assessing an NSF Charge
  • Editing Receivables Transactions

After completing this module, students will be able to:

  • Process NSF checks
  • Void a posted receivable transaction
  • Waive a finance charge
  • Delete customers, addresses, salespersons, and sales territories
  • Edit posted transactions
  • Remove historical transactions
  • Create and output receivables reports

Module 4: Period-end Processing

This module explainsthe procedures performed at the end of fiscal periods in Receivables Management.

Lessons

  • Period-End Procedures Overview
  • Aging Process
  • Finance Charges
  • Print Statements
  • Reprint Statements
  • Paid Sales Transaction Removal
  • Other Period-End Procedures
  • Reconcile Receivables to General Ledger
  • Year-end Routines

Lab : Receivables Management Period-end Processing

  • Aging Process
  • Write Off

After completing this module, students will be able to:

  • Use the procedures needed at the end of a fiscal period.
  • Age open Receivables into the proper aging periods.
  • Assess a finance charge to a Receivables document.
  • Print Receivables statements for customers.
  • Transfer paid sales transactions to history.
  • Transfer sales commissions.
  • Write off documents in receivables.
  • Reconcile Receivables to General Ledger.
  • Perform year-end procedures, including Fiscal and Calendar Year-End Processing.

Before attending this course, students must have:

  • Completed the Microsoft Dynamics GP Introduction course.
  • Basic knowledge of accounting principles.

Guaranteed to Run

2018-03-20 09:00 to 2018-03-23 17:00
Palm Beach County Florida (Instructor-Led)
2018-03-19 09:00 to 2018-03-23 17:00
Secaucus, New Jersey (Virtual Instructor-Led)
2018-03-01 09:00 to 2018-03-02 17:00
Palm Beach County Florida (Instructor-Led)

Course Reviews

No reviews found for this course.

Be the first to write a review