Microsoft Dynamics SL (Solomon) Software Training
Class Descriptions

Accounts Receivable Class Return to Class List

Available for Dynamics SL (Solomon) users and held in Portland, OR, Seattle, WA, or on-site. If interested, contact Rob Lloyd at rob@synergybusiness.com or 503.601.4079.

This one-day course explores the accounting cycle and processes required to enter invoices and receive payments from customers.  This course will show you how to perform additional functions such as credit memos, prepayments, small balance write off, print customer statements, reverse and void payments, and month-end closing.  You will learn to set terms for calculating document discount dates and due dates, use balance forward and open-item statements, and apply any mix of comprehensive service and finance charges available.

 

You will gain a thorough understanding of these topics which will allow you to apply payments and credit memos to specific unpaid invoices by using several automatic payment application options.  This will keep 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 Trial Balance, and Accounts Receivable 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 Receivable related data entry functions including customer invoicing, customer payment application, and recurring invoices.

 

• How to perform maintenance on Accounts Receivable documents and maintenance records such as customers, customer classes, and recurring invoices.

 

• How to apply payments and prepayments to customer balances or against specific invoices.

 

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

 

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

 

• How to troubleshoot and correct operator input errors including:

o    Incorrect period to post

o    Incorrect document amounts or dates

o    Incorrect or unnecessary documents

• How to perform month-end procedures including aging customer documents, closing statement cycles, and printing customer statements.

 
Agenda

 
8:00—8:30 Continental Breakfast

 
8:30 – 4:30 Accounts Receivable Training Class

1. Accounts Receivable Overview
2. Transaction Cycle—Active Overview
3. Customer Maintenance
4. Invoice & Memo Entry
5. Customer Inquiry and Drill Down
6. Payment Application
7. Payment Application Inquiry & Reversal
8. Small Balance Write-Off
9. Recurring Invoices
10. Statement Processing
11. Closing and Delete Detail
12. Reports
    
    

4:30 – 5:00  Accounts Receivable Q&A


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