This class is designed to help anyone who is new to processing Accounts Payable (Payables Management) through Microsoft Dynamics GP. The class starts with a review of the basic settings in Payables Management and Posting and how this affects day-to-day transaction processing. We will also go over tips for navigation (setting up your homepage, toolbar, shortcuts, and using Navigation Lists).
Core Agenda:
-Vendors and Vendor Classes
-Payables Transaction Entry: (Invoices, Credit Memos, etc.)
-Setting up Batches for Payables Transactions
-Payment Options
• Entering and Paying at the same time
• Payment Batches – Checks, EFT, Credit Card
• Manual Payments
-Reviewing and Posting Batches
• How to review the Edit List
• What is “Batch Recovery” and how to fix transactions with errors.
-Payables Reports
• Trial Balance (Aging)
• Cash Requirements
-Navigation Lists (Great for former QuickBooks users)
• How to customize Navigation Lists
• Using the Actions Pane to quickly create transactions
• How to run reports for specific Vendors using the Navigation List
-Maintaining Records
• Vendor and Transaction Holds
• Editing Transaction Information
• Voiding Open and Historical Transactions
• Deleting vs. Inactivating Vendors
-Inquiries, SmartLists and Excel Report
-Month and Year-End Closing
• Period/Month End Checklist
• Year-End Checklist
• Processing 1099s
Instructor: Amber Bell
Preparation: Please bring a Windows PC to class for the Academy hands-on training environment from VisiLearn called vConnect.
Training Materials: Will be supplied by the instructor as appropriate
Delivery Method: Group Live