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Training Course Outline

IT Vendor Courses   Microsoft Dynamics Training Courses

M8671: Bank Reconciliation I in Microsoft DynamicsA GP 10.0

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Course Duration: 1 day

Course Code: M8671

Course Description:

The one-day Microsoft Dynamics GP Bank Reconciliation course explores the accounting cycle and the processes required to manage cash receipts, cash disbursements, and other transactions that affect checkbook balances. This course shows you how to perform the reconciliation process, ensuring accuracy of your financial data and its relation to your financial institution.

A thorough understanding of these topics allows you to reconcile your checkbooks with your bank statements, keeping information consistent and accurate. You will learn to use comprehensive reporting features to preview data in different ways prior to performing the reconciliation process, as well as how to use the Checkbook Register report, which may be printed at any time. This course also teaches 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.

Course Objectives

After completing this course, you should be able to:

- Customize the setup of Bank Reconciliation to fit their business needs
- Perform all Bank Reconciliation related data entry functions, including bank transactions, bank deposits, and bank transfers
- Perform maintenance on Bank Reconciliation documents and records such checkbooks
- Print standard reports for audit trail purposes, financial analysis, and to verify data entry
- Identify the impact of the Bank Reconciliation module on other modules
- Troubleshoot and correct input errors, including incorrect posting date or incorrect document amounts
- Perform the bank reconciliation process

Who Should Attend

Customers 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 Bank Reconciliation.

Bank Reconciliation training is recommended for anyone who plans to implement, use, maintain, consult, or support Microsoft Dynamics GP. The class is targeted toward data entry clerks, administrators; office managers, CEOs, and consultants who need to understand the technical aspects of Bank Reconciliation and gain foundational knowledge of the application functionality.

Prerequisites:

Before attending this course, students must have:

- General knowledge of Microsoft Windows
- Basic knowledge of accounting principles

Relevant Certifications:

Microsoft Certified Business Management Solutions Specialist: For Dynamics GP

Microsoft Certified Business Management Solutions Professional: For Dynamics GP

This course includes the following modules:

Overview and Setup Procedures

• Bank Reconciliation Features and Benefits
• Bank Reconciliation Integration
• Bank Reconciliation Setup and Options
• Checkbook Maintenance
• Transfer Existing Checkbooks to Bank Reconciliation
• Bank Reconciliation Setup (Lab)
• Checkbook Setup (Lab)

Daily Procedures

• Bank Transaction Entry
• Receipt Transactions
• Miscellaneous Checks
• Bank Transfer Entry
• Create Bank Deposits
• Bank Deposit Entry
• Entering an Outstanding Check (Lab)
• Entering a Check Transaction (Lab)
• Entering a Cash Receipt (Lab)
• Printing a Miscellaneous Check (Lab)
• Entering a Bank Transfer (Lab)
• Entering a Deposit without Receipts (Lab)
• Entering a Deposit with Receipts (Lab)

Basic Administration

• Reconcile Bank Statements Window
• Selecting Bank Transactions
• Enter Adjustments for Miscellaneous Transactions
• Print Preview Reports
• Enter Adjustments for Cleared Differences
• Reconcile the Checkbook
• Reconcile a Checkbook (Lab)

Maintaining Records

• Voiding a Bank Transaction
• Voiding a Bank Transfer
• Voiding a Deposit
• Deleting a Checkbook
• Removing History
• Using Inquiries
• Report Options
• Report Groups
• Removing History (Lab)

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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