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Receivables Management in Microsoft Dynamics GP - 80574 Course

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Receivables Management in Microsoft Dynamics GP - 80574 Course

 

Version Details

This course is designed for customers who are interested in learning Microsoft Dynamics GP 2018. It not only covers the features in Dynamics GP 2018, but also the important capabilities of Dynamics GP in general.

Overview

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 also explains how to perform additional functions such as entering credit memos, prepayments, small balance write offs, print customer statements, enter and void scheduled payments, and month-end closing procedures.

Audience Profile

This course is intended for anyone 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.

Prerequisites

Before attending this course, students must have:
• Basic knowledge of Microsoft Dynamics GP.
• Basic knowledge of accounting principles.
• Basic Windows knowledge.

At Course Completion

After completing this course, students will be able to:
• Perform 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 an incorrect 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 Management and General Ledger in Microsoft Dynamics GP.
  • Lessons
  • • Features and Benefits
  • • 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 Check Setup
  • • Sales Email Setup
  • • Beginning Balances
  • Lab : Receivables Management Setup
  • Lab : Set Up a New Sales Territory
  • Lab : Set Up a New Salesperson
  • Lab : Modify a Customer Class
  • Lab : Set Up a New Customer
  • Lab : Set Up a National Account
  • Lab : Set Up Refund Checks

Module 2: Daily Procedures

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

Module 3: Maintaining Records

  • This module focuses on the process of maintaining records in Receivables Management. It focuses on how to manage and view 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 : Voiding a Document
  • Lab : Assessing a Non-Sufficient Funds Charge
  • Lab : Edit Receivables Transactions

Module 4: Period-End Processing

  • This module explains the 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 Transactions Removal
  • • Other Period-End Procedures
  • • Reconcile Receivables to General Ledger
  • • Year-End Routines
  • Lab : Aging Process
  • Lab : Write Off an Invoice

 

View outline in Word

A80574

Attend hands-on, instructor-led Receivables Management in Microsoft Dynamics GP - 80574 training classes at ONLC's nationwide locations. Not near one of our locations? Attend these same live classes from your home/office PC via our Remote Classroom Instruction (RCI) technology.

For additional training options, check out our list of Dynamics Courses and select the one that's right for you.

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