MOC 8671 - Bank Reconciliation I in Microsoft Dynamics GP 10.0
Delivery Options
- Live Online Training - Public Class (): $475.00
- Customized Onsite Training (1 day): Request a Proposal
Upcoming Live eLearning Classes
There are currently no upcoming Live eLearning classes. Please contact us if you would like us to schedule a class.
Class Description
Class Overview
The Microsoft Dynamics GP Bank Reconciliation training class explores the accounting cycle and the processes required to manage cash receipts, cash disbursements, and other transactions that affect checkbook balances. This class 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 class 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.
Class Goals
- Learn to customize the setup of Bank Reconciliation to fit their business needs.
- Learn to perform all Bank Reconciliation related data entry functions, including bank transactions, bank deposits, and bank transfers.
- Learn to perform maintenance on Bank Reconciliation documents and records such checkbooks.
- Learn to print standard reports for audit trail purposes, financial analysis, and to verify data entry.
- Learn to identify the impact of the Bank Reconciliation module on other modules.
- Learn to troubleshoot and correct input errors, including incorrect posting date or incorrect document amounts.
- Learn to perform the bank reconciliation process.
Class Outline
- 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
- Daily Procedures
- Bank Transaction Entry
- Receipt Transactions
- Miscellaneous Checks
- Bank Transfer Entry
- Create Bank Deposits
- Bank Deposit Entry
- Reconcile Bank Statements
- Reconcile Bank Statements Window
- Selecting Bank Transactions
- Enter Adjustments for Miscellaneous Transactions
- Print Preview Reports
- Enter Adjustments for Cleared Differences
- Reconcile the Checkbook
- Lab: Reconcile a Checkbook
- Maintaining Records
- Voiding a Bank Transaction
- Voiding a Bank Transfer
- Voiding a Deposit
- Deleting a Checkbook
- Removing History
- Using Inquiries
- Report Options
- Report Groups
- Lab: Removing History
Class Materials
Each student in our Live Online and our Onsite classes receives a comprehensive set of materials, including course notes and all the class examples.
Class Prerequisites
Experience in the following areas is required:
- General knowledge of Microsoft Windows
- Basic knowledge of accounting principles
Technical Requirements
Our computer technical requirements and setup process is easy, with support just a click away.
- Instructor-led Online course technical requirements and setup instructions.
- WebEx system requirements for Instructor-led Online delivery option.
- Onsite course technical requirements and setup instructions.
- Hosted eLearning course technical requirements and setup instructions.
- Hosted eLearning course frequently asked questions.
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