Planning Activities
Receivables Management in Microsoft Dynamics GP 2013
Course DescriptionOverviewThe 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.Target AudienceThis
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.PrerequisitesBefore 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
Structure/Content OutlineModule 1: Overview and Setup
ProceduresThis 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.LessonsFeatures and
BenefitsSetup ProceduresReceivables Management SetupReceivables
Setup OptionsSales Territory MaintenanceSalesperson
MaintenanceCustomer Class SetupCustomer MaintenanceCustomer
Maintenance OptionsNational Accounts MaintenanceRefund Check
SetupSales Email SetupBeginning BalancesLab : Receivables
Management SetupLab : Set Up a New Sales TerritoryLab : Set Up a
New SalespersonLab : Modify a Customer ClassLab : Set Up a New
CustomerLab : Set Up a National AccountLab : Set Up Refund
Checks
Module 2: Daily ProceduresThis module explains the daily
procedures performed in Receivables Management. It focuses on the
entry of transactions such as invoices, cash receipts, and finance
charges.LessonsTransaction Entry OverviewReceivables Batch
EntryReceivables Transaction EntryEnter Receivables Scheduled
PaymentsEnter Cash ReceiptsApply Posted TransactionsEnter Refund
ChecksBatch RecoveryLab : Receivables Transaction EntryLab : Credit
Memo EntryLab : Receivables Scheduled PaymentsLab : Cash Receipts
EntryLab : National Accounts/Cash Receipts EntryLab : Apply Posted
TransactionsLab : Creating and Printing Refund Checks
Module 3: Maintaining RecordsThis module focuses on the process
of maintaining records in Receivables Management. It focuses on how
to manage and view receivables data.LessonsNSF Checks, Voiding, and
Waiving Posted TransactionsChange and Delete RecordsEdit
Receivables TransactionsRemove HistoryReconcilePerform an
InquiryReportsLab : Voiding a DocumentLab : Assessing a
Non-Sufficient Funds ChargeLab : Edit Receivables Transactions
Module 4: Period-End ProcessingThis module explains the
procedures performed at the end of fiscal periods in Receivables
Management.LessonsPeriod-End Procedures OverviewAging
ProcessFinance ChargesPrint StatementsReprint StatementsPaid Sales
Transactions RemovalOther Period-End ProceduresReconcile
Receivables to General LedgerYear-End RoutinesLab : Aging
ProcessLab : Write Off an Invoice
