Receivables Management I in Microsoft Dynamics GP
10.0
Course 8823: One day;
Instructor-Led
Course Fee:
$499.00
Course Time: 1 day, 9:30 am - 4:30 pm, or 2 evenings, 6pm - 9pm
Prerequisites
Before attending this course, students must have:
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General knowledge of Microsoft Windows
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Completed the Microsoft Dynamics GP Tutorial
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Basic knowledge of accounting principles
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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
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Receivables Management Features and Benefits
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Receivables Management Overview
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Receivables Management Setup Checklist
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Company and Posting Setup Procedures
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Receivables Management Setup and Options
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Sales Territory Maintenance
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Salesperson Maintenance
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Customer Class Setup
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Customer Maintenance
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Customer Account Maintenance
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Customer Maintenance Options
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National Accounts Maintenance
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Refund Checks Setup
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Receivables Management Setup Reports
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Beginning Balances
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Customer Summary
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Lab
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Modify Existing Receivables Management Setup
Selections
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Add a New Sales Territory
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Add a New Salesperson Record
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Modify an Existing Customer Class
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Add a New Customer Record
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Add a New National Account
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Set up Refund Checks
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After completing this module, students will be able
to:
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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
|
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Identify the navigation used to access the
windows for transactions, reports, utilities,
routines, and inquiries in Receivables
Management
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Customize settings for the Receivables
Management module
|
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Set up Sales Territories and Salesperson
information
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Create Customer Classes and assign customers
appropriately
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Create Customer Records
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Set up Refund Checks
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Enter beginning balances for each customer
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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
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Transaction Entry Overview
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Posting Overview
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Receivables Batch Entry
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Receivables Transaction Entry
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Applying Documents
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Post Transactions
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Scheduled Payments Checklist
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Scheduled Payments Entry
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Entering Cash Receipts
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Apply Posted Transactions
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Entering Refund Checks
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Batch Recovery
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Labs
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Enter and Post the Invoice
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Enter and Apply a Credit Memo
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Create a Payment Schedule for a Sale to a
Customer
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Enter a Cash Receipt and Apply the Payment
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Enter a Cash Receipt and Apply the Payment
for a National Account
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Apply a Payment to an Invoice
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Post transactions and Batches
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Create, Print, and Post a Refund Check
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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
|
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Enter transactions involving national
accounts
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Apply Receivables documents
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Recover batches due to posting interruption
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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
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Change and Delete Records
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Edit posted transactions
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Remove History
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Reconcile
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Retrieve Information
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Creating Report Options
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Creating and Printing Report Groups
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Labs
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Void a Customer Invoice
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Assess NSF Charge for a Customer
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Verify Original Document has been Voided
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After completing this module, students will be able
to:
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Place and remove customer holds
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Handle NSF checks
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Waive finance charge
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Void open and historical transactions
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Edit posted transactions
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Change and delete customer records
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Remove historical Receivables information
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Inquire and report on customer information
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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
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Period-end Checklist
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Aging Process
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Assess Finance Charges
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Print and/or Reprint Customer Statements
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Transfer Sales Commission
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Write Off Documents
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Paid Sales Transaction Removal
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Reconcile Receivables Management to General
Ledger
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Closing the Fiscal Period
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Calendar Year-end Closing
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Fiscal Year-end Closing
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Tax Year-end Close
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After completing this module, students will be able
to:
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Complete the processes that are performed at
the end of an accounting period
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Complete the processes that performed at the
end of a calendar or fiscal year
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Perform the Year-end closing process
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Appendix A: Job Aids
This appendix Includes documents like navigation
roadmaps, checklists, and reference to reports available
in Receivables Management.
Main Topics
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Road Map
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Checklists
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Reports
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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
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Setup
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Daily Procedures
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Reports
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Period End Procedures
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