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8516: Project Series in Microsoft Dynamics GP 9.0



8516: Project Series in Microsoft Dynamics GP 9.0 Course Description

The 3-day Microsoft DynamicsT GP Project Accounting course explores project management from an accounting perspective. This course teaches you how to create Contracts, Projects, and Cost Categories, and you receive information about how to budget. You also learn how to enter costs for projects and perform both Time & Materials and Progress Billing. During this class, we discuss nearly every feature in the Project Accounting module.

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.

Intended Audience for the 8516: Project Series in Microsoft Dynamics GP 9.0 Course

  • People who would like to learn features and procedures required to effectively use Microsoft Dynamics GP Project Accounting. Project Accounting 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, CEO's, and consultants who need to understand the technical aspects of Project Accounting and gain foundational knowledge of the application functionality.
  • Before attending this course, students must have general knowledge of Microsoft Windows, working knowledge, and basic knowledge of accounting principles

8516: Project Series in Microsoft Dynamics GP 9.0 Course Objectives

  • Perform all Project Accounting related data entry functions including customer invoicing and cost transactions (Timesheets, Employee Expenses, etc.).
  • Perform maintenance on Project Accounting documents and maintenance records such as customers, employees, and vendors.
  • Configure Contracts, Projects, and Cost Categories.
  • Set up and configure Billing Cycles to facilitate automated billing.
  • Create and assign rate tables to manage cost and billing rates.
  • Create and use Contract and Project Templates.
  • Use reports and inquiry windows in Project Accounting to extract whatever project related information is applicable to your business.

The 8516: Project Series in Microsoft Dynamics GP 9.0 Course prepare students for the following Exams

  • MB3-207 : Great Plains Project Series Exam

8516: Project Series in Microsoft Dynamics GP 9.0 Course Outline

    1. Chapter 1: Introduction
      1. Project Accounting Features and Benefits
      2. Project Accounting Overview and Roadmap
      3. Integration
      4. Holistic view of Project Accounting suite
    2. Chapter 2: Setup
      1. Project User Setup
      2. Project Accounting setup
      3. Timesheet, Equipment, Miscellaneous, Inventory Transfer, Employee Expense, Purchase Order, Purchasing Invoice Setup
      4. Billing Setup
      5. Billing Notes & Reports
    3. Chapter 3: Configuration
      1. PA Customer, Employee, and Vendor Options
      2. Equipment ID and Miscellaneous ID Setup
      3. Project Accounting Setup and Options
      4. Cost Category Maintenance
      5. Rate Tables
      6. Billing Cycle Maintenance
      7. Fees
      8. Contracts and Projects
      9. Project Types and Accounting Methods
      10. 3rd Party Billing
      11. Change Order Maintenance
      12. Budgeting
      13. Templates
    4. Chapter 4: Daily Procedures
      1. Transaction Entry Overview
      2. Posting Overview
      3. Timesheet Entry
      4. Employee Expense Entry
      5. Equipment & Miscellaneous Log Entry
      6. Purchase Orders and Receiving transactions
      7. Inventory Transfer Entry
      8. Billing Invoices
      9. Billing Cycle Processing
      10. Progress Billing
      11. Revenue Recognition Transactions
    5. Chapter 5: Maintaining Records
      1. Voiding Posted Transactions (Receivables Management)
      2. Data recovery and maintenance
      3. Mass Contract Delete
      4. Initialize Smartlist
      5. PA Reconcile
    6. Chapter 6: Inquiries & Reports
      1. Inquiries
      2. Reports Options
      3. Printing of reports and accessing information
    7. Chapter 7: Period-End Procedures
      1. Period-end Checklist
      2. Aging Process
      3. Aging WIP Process
      4. Paid Sales Transaction Removal
      5. Remove Completed Purchase Orders
      6. Close Fiscal Period
    8. Appendix A: SmartList
      1. Using SmartLists
      2. Creating Objects
      3. Using the Search Button
      4. Saving New Objects as Favorites
    9. Appendix B: Case Study
      1. Project User Setup
      2. Transaction Setup
      3. Employee Setup
      4. Cost Category Setup
      5. Templates
      6. Contract and Project Configuration
      7. Cost Transaction Entry
      8. Billing Invoice Entry
      9. Fee Assignments
      10. Revenue Recognition
      11. Reporting
    10. Appendix C: Answers
      1. Appendix D: Posting Flow
        1. Posting flow for
      2. Appendix E: Reference
        1. Implementation Guide
        2. List of types of Project Management tools
        3. List of Billing invoice reports and their reports writer equivalent names
        4. List of billing invoice reports and a description of what is included on the report
        5. Glossary of terms.

      Benefits of taking the 8516: Project Series in Microsoft Dynamics GP 9.0 course at NetCom

      • Why choose Microsoft Dynamics Training at NetCom Learning?
        As a recognition for training excellence, NetCom Learning was chosen by Microsoft as the 2007 Worldwide Learning Solutions Partner of the year out of 1400 training companies.

        In addition, we have won numerous other training awards for quality and customer satisfaction by CompTIA, EC-Council and other vendors. We are simply passionate about learning and achieving the highest customer satisfaction in your learning experience!

        See the training value proposition below:

        Why Microsoft Dynamics Training at NetCom?
        NetCom Information Technology is a Microsoft Gold Certified Partner for Learning Solutions (CPLS). CPLS is the premier training channel and delivery mechanism for Microsoft Dynamics training content. On July 11, NetCom was honored by Microsoft as its Learning Solutions Partner of the Year. Selected as the Number One CPLS, from over 1400 worldwide CPLS's, Microsoft recognized our commitment and ability to deliver high-quality learning services using a consultative engagement model. We could not have achieved this coveted status without the help and support of our customers and well wishers - thank you!!

        Microsoft Certified Partner for Learning Solutions Value Proposition:
        Microsoft Certified Partner for Learning SolutionsNon-authorized Training Center
        Only MCT (Microsoft Certified Trainers) are authorized to teach the classNon MCT can teach the course
        Taught using Microsoft Authorized Courseware (MOC), includes free evaluation software and online trainingDo not have access to official courseware
        Partners adhere to stringent Microsoft designated lab requirementsComputer and lab equipment may not be up to requirements of course
        Successful candidates are awarded Certificate of Completion directly from Microsoft for most of the coursesNot authorized to issue Certificate of Completion
        Overall, a better quality training experienceSubstandard training experience

      • NetCom provides Authorized Training
        NetCom Learning is a Microsoft Gold Certified Partner for Learning Solutions (CPLS), Cisco Learning Partner, CompTIA Platinum Partner, EC-Council Accredited Training Center, Adobe Authorized Training Center, Autodesk Authorized Training Center and many others. We are proud to offer the highest quality, authorized training solutions from our many partners for our customers.

        See our comprehensive list of partner authorizations.

      • Award winning, world-class Instructors
        Ginger M.
        - Bachelor's Degree in Accounting and a Masters of Business Administration from Rutgers University.
        - Over 9 years of experience as a Master Certified Trainer. Expert in MS Dynamics GP Financials, Installation, HR/Payroll, Project Accounting, Inventory and Integration Manager.
        - Project Manager to various MS Dynamics Great Plains implementations.

        Bio:

        Ginger holds a Bachelor's Degree in Accounting and a Masters of Business Administration from Rutgers University. Her career started as an Auditor for Deloitte & Touché and over the years she developed her passion for Microsoft Dynamics, implementing Dynamics GP and Project Cost in the Professional Services, Commercial Real Estate and Medical Facilities vertical markets.

        Ginger's experience with Microsoft Dynamics is unparalleled. As a Certified Master Dynamics trainer, she stays abreast of the latest Dynamics modules and shares experience with a very hands-on training technique at NetCom Learning.
        Ignacio J.
        - Designs and architects Microsoft IT solutions since the early 1990s.
        - Hands-on experience in multiple Microsoft Dynamics products including CRM, GP, SL, AX and NAV since 2004.
        - Taught over 250 courses at NetCom Learning.

        Bio:

        Ignacio is a Senior Solutions Architect, Civil Engineer and Certified Expert Trainer. He has been designing and architecting Microsoft IT solutions since the early 1990s, and has extensive experience developing scalable and high performance integration solutions. In 2004, Ignacio expanded into business management and accounting software as well, where he gained hands-on experience in many Microsoft Dynamics products including CRM, GP, SL, AX and NAV.

        Ignacio holds a library of industry-wide certifications from Microsoft and other leading IT vendors. He has taught over 250 courses at NetCom Learning and is revered by students for his wide-ranging IT expertise.
        Lynn D.
        - Over 25 years of experience working as Senior Financial Analyst and Senior Auditor.
        - Professor of Graduate Management and Business School at the University of Phoenix since 2007.
        - Microsoft Certifications in Financials, Trade & Logistics, Production and Human Resources Management as well as Microsoft Certified Trainer (MCT) since 2009.

        Bio:

        Lynn is a very accomplished Senior Financial Analyst and Senior Auditor with over 25 years of experience. She has been a Microsoft Certified Trainer since 2009 and a Professor of Graduate Management and Business School at University of Phoenix since 2007. In addition to several other Microsoft certifications, she is also a specialist in Microsoft Dynamics AX.

        Lynn has taught several Microsoft Dynamics AX courses at NetCom Learning and is described by her students as very knowledgeable, qualified, and patient with her approach. Her classes are very dynamic and energetic, just as the course per se.
        Ramesh P.
        Ramesh holds a Masters Degree in Computer Science with specialization in Information Security and is pursuing his Doctoral degree in IT from the University of South Australia (UniSA). He is a one of a kind trainer - he has been working in the IT field since 1995 and is an expert in C#, VB.NET, ASP.NET, Java/J2EE, PL/SQL, VB, ASP, and XML technologies. Ramesh also has extensive experience developing and implementing BizTalk and SharePoint in large corporations, as well as more than 10 years experience working with Oracle and SQL server/Sybase databases.

        With more than 19 certifications, Ramesh is an IT guru and trainer with worldwide experience, which includes presentations and trainings across US, Asia, and Middle East. He is a full time instructor at NetCom Learning and we couldn't be happier in having him as one of our Subject Matter Experts.
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        The class provided the background I will need to build upon upcoming responsibilities. Satisfactory on all counts.

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        See our list of awards.

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      Enrollment Options for the 8516: Project Series in Microsoft Dynamics GP 9.0 course

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