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Training Course Outline

Software Development Courses   Business Solutions Training Courses

M8346: Great Plains V8.0 Receivables Management I

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Course Duration: 1 day

Course Code: M8346

Course Description:

The one-day Microsoft Business Solutions – Great Plains® Receivables Management course explores the accounting cycle and the processes required to enter invoices and receive payments from customers. This course shows you how to perform additional functions such as credit memos, prepayments, small balance write off, print customer statements, enter and void scheduled payments, and month-end closing procedures. Learn to set terms for calculating document discount dates and due dates, use balance forward and open-item statements, and apply any mix of the comprehensive service and finance charges available.

You will gain a thorough understanding of these topics which allows you to apply payments and credit memos to specific unpaid invoices by using several automatic payment application options. This keeps customer payment information consistent and accurate. You will learn to use comprehensive reporting features to present data in different ways, including many standard reports such as Aged Accounts Receivables, Customer Aged Receivables and the Receivables Trial Balance report. This course also demonstrates 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 Great Plains Receivables Management.

Receivables Management training is recommended for anyone who plans to implement, use, maintain, consult, or support Great Plains. The class is targeted toward data entry clerks, administrators; office managers, CEO’s, and consultants who need to understand the technical aspects of Receivables Management and gain foundational knowledge of the application functionality.

Prerequisites:

Before attending this course, students must have:

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

This course includes the following modules:

Introduction

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

Setup Procedures

• Receivables Management Setup Checklist
• Company and Posting Setup Procedures
• Receivables Management Setup and Options
• Sales Territory Maintenance
• Salesperson Maintenance
• Customer Class Setup
• Customer Maintenance
• Customer Account Maintenance
• Customer Maintenance Options
• National Accounts Maintenance
• Refund Checks Setup
• Receivables Management Setup Reports
• Beginning Balances
• Customer Summary

Daily Procedures

• Transaction Entry Overview
• Posting Overview
• Receivables Batch Entry
• Receivables Transaction Entry
• Applying Documents
• Post Transactions
• Scheduled Payments Checklist
• Scheduled Payments Entry
• Entering Cash Receipts
• Apply Posted Transactions
• Entering Refund Checks
• Batch Recovery

Maintaining Records

• Handling NSF checks, Voiding and Waiving Posted Transactions
• Change and Delete Records
• Edit posted transactions
• Remove History

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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