Receivables Management I in Microsoft Dynamics GP 10.0
Course 8823: One day; Instructor-led
Prerequisites
Before attending
this course, students must have:
• General
knowledge of Microsoft Windows
• Completed
the Microsoft Dynamics GP Tutorial
• Basic
knowledge of accounting principles
Microsoft Certified Professional Exams
No Microsoft Certified Professional exams are associated with this course currently.
Course Materials
The student courseware includes a comprehensive workbook and other necessary materials for this class.
Course Outline
Chapter 1: Overview & Setup Procedures
This chapter gives students a general overview of the features and benefits of using the Receivables Management module in an integrated environment. In addition it discusses setup procedures for the Receivables Management module. You examine in detail the options available to customize this module to reflect the way your organization does business It also focuses on the integration of this module with other modules in the Microsoft Dynamics GP application.
Main Topics
• Receivables
Management Features and Benefits
• Receivables
Management Overview
• Receivables
Management Setup Checklist
• Company
and Posting Setup Procedures
• Receivables
Management Setup and Options
• Sales
Territory Maintenance
• Salesperson
Maintenance
• Customer
Class Setup
• Customer
Maintenance
• Customer
Account Maintenance
• Customer
Maintenance Options
• National
Accounts Maintenance
• Refund
Checks Setup
• Receivables
Management Setup Reports
• Beginning
Balances
• Customer
Summary
Lab
• Modify
Existing Receivables Management Setup Selections
• Add
a New Sales Territory
• Add
a New Salesperson Record
• Modify
an Existing Customer Class
• Add
a New Customer Record
• Add
a New National Account
• Set
up Refund Checks
After completing
this module, students will be able to:
• Identify
the features and benefits available when using Receivables Management
• Discuss
integration that takes place between Receivables Management and other
modules within the Microsoft Dynamics GP system
• Identify
the navigation used to access the windows for transactions, reports, utilities,
routines, and inquiries in Receivables Management
• Customize
settings for the Receivables Management module
• Set
up Sales Territories and Salesperson information
• Create
Customer Classes and assign customers appropriately
• Create
Customer Records
• Set
up Refund Checks
• Enter
beginning balances for each customer
Chapter 2: Daily Procedures
This chapter defines the ways transactions can be entered and posted in Receivables Management. You explore the difference between transaction level and batch level posting, and the methods for posting batches. This chapter demonstrates the many types of transactions that can be entered in Receivables Management. Entering customer payments, printing refund checks and Scheduled Payments is covered in this chapter.
Main Topics
• Transaction
Entry Overview
• Posting
Overview
• Receivables
Batch Entry
• Receivables
Transaction Entry
• Applying
Documents
• Post
Transactions
• Scheduled
Payments Checklist
• Scheduled
Payments Entry
• Entering
Cash Receipts
• Apply
Posted Transactions
• Entering
Refund Checks
• Batch
Recovery
Labs
• Enter
and Post the Invoice
• Enter
and Apply a Credit Memo
• Create
a Payment Schedule for a Sale to a Customer
• Enter
a Cash Receipt and Apply the Payment
• Enter
a Cash Receipt and Apply the Payment for a National Account
• Apply
a Payment to an Invoice
• Post
transactions and Batches
• Create,
Print, and Post a Refund Check
After completing
this module, students will be able to:
• Enter
and post transactions using the transaction level or batch posting method
• Enter
the different types of transactions in Receivables Management
• Enter
and post customer payments
• Enter
transactions involving national accounts
• Apply
Receivables documents
• Recover
batches due to posting interruption
Chapter 3: Maintaining Records
This chapter examines the functionality available to maintain your Receivables Management records. This chapter focuses on placing and removing customers holds. The process to edit or void posted transactions as well as handle NSF charges is covered in detail. Time is spent discussing the procedure for changing and deleting records, removing historical information and the effects of removing this history. Retrieving information is also a focus of this chapter. Time is also spent discussing the inquiry windows and reports that can be generated from the Receivables Management module.
Main Topics
• Handling
NSF checks, Voiding, and Waiving Posted Transactions
• Change
and Delete Records
• Edit
posted transactions
• Remove
History
• Reconcile
• Retrieve
Information
• Creating
Report Options
• Creating
and Printing Report Groups
Labs
• Void
a Customer Invoice
• Assess
NSF Charge for a Customer
• Verify
Original Document has been Voided
After completing
this module, students will be able to:
• Place
and remove customer holds
• Handle
NSF checks
• Waive
finance charge
• Void
open and historical transactions
• Edit
posted transactions
• Change
and delete customer records
• Remove
historical Receivables information
• Inquire
and report on customer information
Chapter 4: Period-End Procedures
This chapter examines the processes that are completed at the end of the month, period, calendar and fiscal year. This chapter focuses on the errors that may cause Receivables Management to be out of balance with the General Ledger.
You examine the reports that should be printed prior to performing the closing process. Time is spent examining what actually takes place during the closing process and the two types of closings: calendar year and fiscal year.
Main Topics
• Period-end
Checklist
• Aging
Process
• Assess
Finance Charges
• Print
and/or Reprint Customer Statements
• Transfer
Sales Commission
• Write
Off Documents
• Paid
Sales Transaction Removal
• Reconcile
Receivables Management to General Ledger
• Closing
the Fiscal Period
• Calendar
Year-end Closing
• Fiscal
Year-end Closing
• Tax
Year-end Close
After completing
this module, students will be able to:
• Complete
the processes that are performed at the end of an accounting period
• Complete
the processes that performed at the end of a calendar or fiscal year
• Perform
the Year-end closing process
Appendix A: Job Aids
This appendix Includes documents like navigation roadmaps, checklists, and reference to reports available in Receivables Management.
Main Topics
• Road
Map
• Checklists
• Reports
After completing
this module, students will be able to:
• Enter
and post transactions using the transaction level or batch posting method
• Enter
the different types of transactions in Receivables Management
• Enter
and post customer payments
• Enter
transactions involving national accounts
• Apply
Receivables documents
• Recover
batches due to posting interruption
Appendix B: Case Study
This appendix includes a case study of receivables management. The case study allows you to practice what you have learned in a comprehensive exercise. The case study is organized such that each task builds on the previous task.
Based on country-specific needs, this chapter is optional for classroom presentation.
Main Topics
• Setup
• Daily
Procedures
• Reports
• Period
End Procedures
For more information or to give feedback, send e-mail to info@OneApex.com or call 949-597-2100
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