Microsoft Dynamics SL 6.5 Bank Reconciliation

Code: 8532
Course duration: 1 days

8532: Microsoft Dynamics SL 6.5 Bank Reconciliation (1 Day)

Introduction

This one-day course explores the features and benefits of the Microsoft DynamicsT Solomon Bank Reconciliation module. You learn how to enter bank accounts, import bank transactions and reconcile a bank statement against the General Ledger.

Understanding these topics allows you to import transactions into Bank Reconciliation from other Solomon modules as well as import transactions from the bank. You can reconcile bank statements easily according to your schedule and your business demands. Reconcile bank statements quickly and easily from a central location and at any time of the month, including daily processing, through the Reconciliation window, which shows all related activity for a specified period.

Reconcile Solomon transactions at the check/deposit level against the bank statement without the complexity of cash balance management. This is an essential course for all end-users, consultants, and implementers who want to learn about this module of the Microsoft Solomon Financial system.

Classroom training provides serious, in-depth learning thorough hands-on interaction. From demonstrations to presentations to classroom activities, you receive hands-on experience with instruction from our certified staff of experts and increase productivity and efficiency by learning tips and tricks from product specialists.

Audience

Bank Reconciliation training is recommended for anyone who plans to implement, use, maintain, consult, or support Microsoft Solomon. The class is targeted toward data entry clerks, administrators, office managers, CEO's, and consultants who need to understand the technical aspects of Bank Reconciliation and gain foundational knowledge of the application functionality.

At Course Completion

After completing this course, students should be able to:

Set up the Bank File Import function.

Set up bank accounts to be used in Bank Reconciliation.

Import Solomon transactions from Accounts Receivable, Accounts Payable, Purchasing and General Ledger.

Reconcile checks from Accounts Payable and Payroll; deposits from Accounts Receivable; Journal entries from General Ledger.

Perform the Bank Reconciliation process to reconcile General Ledger balances to a bank statement.

Prerequisites

General knowledge of Microsoft Windows.

Knowledge of Basic navigation functions in Microsoft Solomon.

Completion of General Ledger training course required. Attendance at Accounts Payable and/or Accounts Receivable training courses recommended.

Course Materials

Course Outline

Chapter 1: Overview

The purpose of this chapter is to introduce you to the Bank Reconciliation module of Microsoft Solomon product and training course. This chapter introduces the windows and processes that are used to complete the accounting cycle in Bank Reconciliation.

Main Topics

Course Description.

Module Overview.

Bank Reconciliation Process Flow.

Other Features.

After completing this chapter, students should be able to:

Understand the goals of this course.

See how the Bank Reconciliation module fits into the suite of available modules for the Microsoft Solomon system.

Follow the flow of transactions through Bank Reconciliation.

Chapter 2: Overview Checklist

This chapter examines the core processes that are used in the Bank Reconciliation module. The purpose of this chapter is to provide an overview of the Bank Reconciliation process steps in the form of a checklist and provide information about how sub modules interact with Bank Reconciliation.

Main Topics

Sub module interaction with Bank Reconciliation

Bank Reconciliation Process Checklist

After completing this chapter, students should be able to:

Understand how transactions are used in Microsoft Dynamics Solomon Bank Reconciliation.

Understand the Bank Reconciliation process.

Understand how Bank Reconciliation interacts with the other financial modules.

Chapter 3: Bank Reconciliation Setup

Understand the defaults and user options defined in the Bank Reconciliation Setup window. Even though these options are typically not changed after the product is implemented, you will gain understanding of default values and processes through the settings in this window. As exercises in this manual are cumulative, this is not an optional chapter.

Main Topics

Introduction

Bank Reconciliation Setup

Bank File Import

Lab: Bank Reconciliation Setup

Create a bank import file in .csv format

Complete BR Setup

After completing this chapter, students should be able to:

Understand the decisions that need to be made prior to setting up the Bank Reconciliation module.

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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