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Training Course Outline

Software Development Courses   Business Solutions Training Courses

M8345: Great Plains V8.0 Payables Management I

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Course Duration: 1 day

Course Code: M8345

Course Description:

The one-day Microsoft Great Plains Payables Management course delves into the accounting cycle and the processes required to enter vendor invoices and process checks. As well, this course will show you how to perform additional functions such as adjustments, prepayments, month-end closing, and cash flow control.

You will gain a thorough understanding of these topics which will allow you to capitalize on vendor discount dates to reduce payable liabilities and easily select “the right” vouchers for payment by date, vendor, number, or custom query to control your cash outlay. You will learn to use comprehensive reporting features to present data in different ways, including many standard reports such as Aged Accounts Payables, Vendor Trial Balance, and Vendor Check Register. This course will also teach you how to define default values that automatically populate data fields and gather the information you need to make better business decisions by exploring powerful inquiry and lookup functions.

Customers wishing to learn the basic features and to develop a working knowledge of the typical day-to-day procedures required to effectively use Microsoft Great Plains Payables Management.

The class is targeted toward data entry clerks, administrators; office managers, CEO’s, and consultants who need to understand the technical aspects of Payables Management and gain foundational knowledge of the application functionality.

Prerequisites:

Before attending this course, students must have:

- General knowledge of Microsoft Windows®
- Completed the Microsoft Great Plains Tutorial
- Basic knowledge of accounting principles

This course includes the following modules:

Introduction

• Payables Management Features and Benefits
• Payables Management Overview and Roadmap
• Integration

Setup Procedures

• Payables Management Setup Checklist
• Company and Posting Setup Procedures
• Payables Management Setup and Options
• Vendor Class Maintenance
• Vendor Class Accounts
• Vendor Maintenance
• Vendor Maintenance Options
• Vendor Account Maintenance
• Payables Management Setup Report
• Beginning Balances
• Vendor History

Daily Procedures

• Transaction Entry Overview
• Posting Overview
• Batch Entry
• Entering Transactions
• Printing a Check
• Applying Documents
• Using Multidimensional Analysis
• Scheduled Payments Checklist
• Scheduled Payments Entry
• Manual Payments
• Process Computer Checks
• Selecting Documents for Payment
• Editing Payables Check Batches
• Printing and Posting Checks
• Apply Payables Documents
• Batch Recovery

Intercompany

• Intercompany Processing overview
• Defining Intercompany relationships
• Entering Payables Management Intercompany Transactions
• Post Intercompany Transactions in General Ledger
• Posting Intercompany Transactions in the Destination Company
• Viewing the Intercompany Transactions in Inquiry
• Voiding Intercompany Transactions in Payables Management

To make an enquiry for this course to be run ONSITE at your location, click here or call Sales on +44 (0) 20 7620 0033.

Perpetual Solutions are a global provider of onsite training solutions throughout London, UK and the rest of the world. For scheduled training our UK partner network provides an unrivalled choice of courses.

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