Payables Management in Microsoft Dynamics GP (80573)

Category ID Duration Level Price
Microsoft Dynamics 13059 1 Day(s) Foundation $619.00

Payables Management in Microsoft Dynamics GP (80573)

Live, Online Class Schedule

Delivery Format Date Time Register
Live Online 05/23/2024 - 05/23/2024 10:00 AM - 4:45 PM EST Register
Live Online 06/19/2024 - 06/19/2024 10:00 AM - 4:45 PM EST Register
Live Online 07/18/2024 - 07/18/2024 10:00 AM - 4:45 PM EST Register
Live Online 08/14/2024 - 08/14/2024 10:00 AM - 4:45 PM EST Register
Live Online 09/12/2024 - 09/12/2024 10:00 AM - 4:45 PM EST Register
Live Online 10/09/2024 - 10/09/2024 10:00 AM - 4:45 PM EST Register
Live Online 11/07/2024 - 11/07/2024 10:00 AM - 4:45 PM EST Register

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Course Overview

This course is designed for customers who are interested in learning Microsoft Dynamics GP 2018. It not only covers the features in Dynamics GP 2018, but also the important capabilities of Dynamics GP in general.

The one-day Microsoft Dynamics GP Payables Management course examines the accounting cycle and the processes required to enter vendor invoices and process checks. This course also shows you how to perform additional functions such as adjustments, prepayments, month-end closing, and cash flow control.

A thorough understanding of these topics allows for capitalizing on vendor discount dates to reduce accounts payable liabilities and easily select the right vouchers for payment by date, vendor, number, or custom query to control cash outlay. This course also provides guidance on how to define default values that automatically populate data fields and how to gather the information needed to make better business decisions by exploring powerful inquiry and lookup functions.

Course Objectives

After completing this course, students will be able to:
Set up Payables Management and identify the customizable options available in the setup windows.
Perform all Payables Management related data entry functions including vendor invoicing, check processing, recurring vouchers, and manual checks.
Select documents for payment and make appropriate adjustments to payment amounts prior to check processing.
Correct input errors using the Edit Transaction Information window.
Perform maintenance on Payables Management documents and other records such as vendors and recurring invoices.
Understand the steps and requirements to void checks and invoices.
Use inquiries or print reports to verify data and perform financial analysis for audit trail purposes.
Identify the impact of Payables Management on other areas of Microsoft Dynamics GP.

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Before attending this course, you must have:
A working knowledge of Microsoft Windows
Knowledge of basic accounting principles

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