Microsoft Dynamics SL (Solomon) Software Training
Class Descriptions

Accounts Payable Class Return to Class List

This one-day course delves into the accounting cycle and processes required to enter vendor invoices and process checks.  This course will also 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, Check Register, and the Accounts Payable Batch 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.

By actively participating, you should learn:

• To perform all accounts payable related data entry functions including: vendor invoice maintenance, check processing, recurring vouchers and manual checks.

• How to perform maintenance on accounts payable documents, and other records such as vendors and recurring vouchers.

• To select documents for payment and make appropriate adjustments to payment amounts prior to check processing.

• How to print standard Dynamics SL reports to verify data and financial analysis for audit trail purposes.

• To identify the impact of the Accounts Payable module on other Dynamics SL modules.

• How to troubleshoot and correct operator input errors including:
  
  
  • Incorrect period to post
  • Incorrect document amounts or dates
  • Incorrect or unneeded documents
  • Voiding checks and determining whether the vendor invoice will be repaid.
• Incorrect period to post
• Incorrect document amounts or dates
• Incorrect or unneeded documents
• Voiding checks and determining whether the vendor invoice will be repaid.

Agenda

8:00—8:30 AM Continental Breakfast

8:30 AM – 4:30 PM - Accounts Payable Training Class

1. Accounts Payable Overview
2. Transaction Cycle—Active Overview
3. Vendor Maintenance
4. Voucher and Adjustment Entry
5. Vendor Inquiry and Drilldown
6. Recurring Vouchers
7. Payment Selection
8. Checks
9. Quick Voucher & Pre-Payment Entry
10. Voiding Check
11. Check Reconciliation
12. Closing and Delete Detail
13. 1099 Processing
14. Reports
    

4:30 PM – 5:00 PM  Accounts Payable Q&A


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