Payables Management I in Microsoft Dynamics GP 9.0

Code: 8509
Course duration: 1 days

8509: Microsoft Dynamics GP Payables Management (1 day)

Introduction

The one-day Microsoft Dynamics GP Payables Management course delves into the accounting cycle and the processes required to enter vendor invoices and process checks. This course also shows you how to perform additional functions such as adjustments, prepayments, month-end closing, and cash flow control.

A thorough understanding of these topics allows you to capitalize on vendor discount dates to reduce payable liabilities and easily select "the right" vouchers for payment by date, vendor, number, or custom query to control your cash outlay. You will learn to use comprehensive reporting features to present data in different ways, including many standard reports such as Aged Accounts Payables, Vendor Trial Balance, and Vendor Check Register. This course also teaches you how to define default values that automatically populate data fields and gather the information you need to make better business decisions by exploring powerful inquiry and lookup functions.

Audience

Customers 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 Payables Management.

The class is targeted toward data entry clerks, administrators, office managers, CEOs, and consultants who need to understand the technical aspects of Payables Management and gain foundational knowledge of the application functionality.

At Course Completion

After completing this course, students should be able to:

  • Perform all Payables Management related data entry functions including vendor invoicing, check processing, recurring vouchers, and manual checks

  • Perform maintenance on payables management documents and other records such as vendors and recurring invoices

  • Select documents for payment and make appropriate adjustments to payment amounts prior to check processing

  • Print standard reports to verify data and financial analysis for audit trail purposes

  • Identify the impact of the Payables Management module on other Microsoft Dynamics GP modules

  • Troubleshoot and correct input errors including an incorrect posting period and how to void checks

Prerequisites

Before attending this course, students must have:

  • General knowledge of Microsoft Windows

  • knowledge of accounting principles

Student Materials

The student materials include a comprehensive workbook and other necessary items for this class.

Course Outline

Chapter 1: Payables Management Overview

This chapter gives students a general overview of the features and benefits of using the Payables Management module in an integrated environment. It also focuses on how this module integrates with other modules in the Microsoft Dynamics GP application.

Main Topics

  • Payables Management Features and Benefits

  • Payables Management Overview and Roadmap

  • Integration

After completing this chapter, students should be able t

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)

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