8597: General Ledger II in Microsoft Dynamics GP 9.0

8597: General Ledger II in Microsoft Dynamics GP 9.0 Course Description

Intended Audience for the 8597: General Ledger II in Microsoft Dynamics GP 9.0 Course

• Customers who would like a more in-depth understanding of the Microsoft Dynamics GP system.
• The class is targeted toward data entry clerks, administrators; office managers, CEOs, and consultants who need to understand the technical aspects of Microsoft Dynamics GP General Ledger and gain foundational knowledge of the application functionality.
• Before attending this course, students must have Financial Series I course or equivalent working experience with Microsoft Dynamics GP.

8597: General Ledger II in Microsoft Dynamics GP 9.0 Course Objectives

• Customize General Ledger posting settings.
• Identify how data flows through the General Ledger Work, Open, and History Tables.
• Maintain records easily and efficiently, utilizing a variety of functions.
• Troubleshoot your General Ledger data.
• Create and maintain budgets using Microsoft Excel - based Budgeting.
• Configure and use Organizational Structures to apply account level security.
• Setup Intercompany to automate intercom any transactions.
• Use Inquiries, Reports, and SmartList to easily access and customize financial information to meet your company's needs.
• Maximize easily customized reporting through Smartlist.
• Perform the period-end and year-end closing procedures.

Recommended Prerequisites for the 8597: General Ledger II in Microsoft Dynamics GP 9.0 course

• 8507: General Ledger I in Microsoft Dynamics GP 9.0

8597: General Ledger II in Microsoft Dynamics GP 9.0 Course Outline

1. General Ledger Setup Procedures
   1. General Ledger Setup
   2. Account Categories
   3. Posting Setup
   4. Fixed Allocation Account Setup
   5. Variable Allocation Accounts
   6. Allocation Account Alternatives
2. General Ledger Data Flow
   1. Integration
   2. General Ledger Document Status
   3. Transaction Flow
   4. Source Document Setup
   5. Audit Trail Codes Setup
   6. Tracing Transactions
3. General Ledger Advanced Functionality
   1. Multidimensional Analysis Overview
   2. Setting up Analysis Groups and Codes
   3. Assigning Analysis Groups to Accounts
   4. Entering Transactions with Multidimensional Information
   5. Performing Multidimensional Analysis Inquiry
   6. Microsoft Excel-Based Budgeting Overview
   7. Creating a Budget with the Budget Wizard
   8. Exporting and Importing Budgets
   9. Intercompany Processing Overview
   10. Defining Intercompany Relationships
   11. Entering General Ledger Intercompany Transactions
   12. Post Intercompany Transactions in Destination Companies
   13. View the Intercompany Transaction in Inquiry
   14. Organizational Structures Overview
   15. Define Components of the Organization
   16. Define Organizational Relationships
   17. Assign User Classes to the Organizational Structure
   18. Assign Users to the Organizational Structure
   19. Assign a Range of Accounts to the Organizational Structure
   20. Assign an Individual Account to the Organizational Structure
   21. Activate Account Security
4. Maintaining Records
   1. Correcting Transactions
   2. Posting to History
   3. Changing and Deleting Posting and Unit Accounts
   4. Changing and Deleting Allocation Accounts
   5. Remove History
5. GL Inquiry and SmartList
   1. Inquiries
   2. SmartList
6. General Ledger Reports
   1. Creating Report Options
   2. Creating and Printing Report Groups
   3. Creating and Printing Combined Groups
   4. Cross Reference Reports
   5. Trial Balance Reports
7. Period-End Procedures
   1. Period-end Closing Checklist
   2. Printing Financial Statements and Reports
   3. Consolidating a Period
   4. Closing the Fiscal Period
8. General Ledger Year-End Closing Procedures
   1. Overview
   2. Year-end Closing Checklist
   3. Post Adjusting Entries
   4. Verify Posting Type
   5. Year-end Closing
   6. Balance Sheet Accounts Set up as Profit and Loss Accounts
9. General Ledger Troubleshooting
   1. Posting Interruptions
   2. Automated Fixes
   3. Batch Recovery
   4. Reconcile
   5. One-sided Entries
   6. Year-end Closing Interruption
   7. Commonly Asked Questions
10. Conclusion
    1. Customize General Ledger posting settings
    2. Identify Work, Open, and History tables
    3. Use fixed and variable allocation accounts to distribute amounts to breakdown accounts during transaction entry
    4. Post transactions to a historical year and automatically adjust the balance of the retained earnings account or the beginning balance brought forward for an account
    5. Use the inquiry windows to view open, history, or net change activity for an account
    6. Use SmartList to access accounting data and export to Microsoft Word or Microsoft Excel
    7. Print cross reference reports to research transactions by various criteria
    8. Prevent transactions from being posted to a specific accounting period by marking it as closed
    9. Perform the year end closing process and retain the ability to post adjusting entries to the most recent historical year
    10. Create budgets in Microsoft Dynamics GP, export or import from Microsoft Excel
    11. Use Organizational structures to define the components of your organization and their relationship
    12. Record intercompany transactions that occur in one company and will create transactions in another company's General Ledger

Benefits of taking the 8597: General Ledger II 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 Solutions Non-authorized Training Center Only MCT (Microsoft Certified Trainers) are authorized to teach the class Non MCT can teach the course Taught using Microsoft Authorized Courseware (MOC), includes free evaluation software and online training Do not have access to official courseware Partners adhere to stringent Microsoft designated lab requirements Computer 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 courses Not authorized to issue Certificate of Completion Overall, a better quality training experience Substandard 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.

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• 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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• Actual Client Testimonials

  May 21 2012 The lecturer is quite personable and is quite helpful with making sure we understand the material we have covered. He is also quite knowledge in the subject area. This training has cleaned up a lot of areas that I have been having issues with in my work environment and I will surely be able to put a lot of it in to practice. -Candice C. Course(s) Taken Microsoft Dynamics GP 2010 - Financials and SQL Reporting - Accelerated (MCTS)

  
  

  May 21 2012 Good course. Good service. Good instructor. -Raman T. Course(s) Taken Microsoft Dynamics AX 2012 - Financials and Trade and Logistics - Accelerated

  
  

  May 21 2012 The instructor did an incredible job of presenting. -Kelly D. Course(s) Taken Microsoft Dynamics AX 2012 - Financials and Trade and Logistics - Accelerated

  
  

  May 21 2012 The class provided the background I will need to build upon upcoming responsibilities. Satisfactory on all counts. -John B. Course(s) Taken Microsoft Dynamics AX 2012 - Financials and Trade and Logistics - Accelerated

  
  

  May 21 2012 Stan is an excellent instructor. He made the course very informative and kept it interesting. Sebastian S. Course(s) Taken Microsoft Dynamics GP 2010 - Installation and Configuration - Accelerated (MCTS)

  
  

  May 21 2012 Classes were awesome! Our teacher, Mr. Smith, was entertaining and kept us motivated. -Lily L. Course(s) Taken Microsoft Dynamics GP 2010 - Financials and SQL Reporting - Accelerated (MCTS)

  
  

  May 07 2012 It was a good experience. It will help me in my new position loading the CRM practices. -Adolfo R. Course(s) Taken Microsoft Dynamics CRM 2011 - Accelerated

  
  

  Mar 12 2012 Ramesh our instructor was amazing. He has been the second amazing instructor through you guys!!! Nice, Knowledgeable and fun. -Kyle P. Course(s) Taken Microsoft Dynamics CRM 2011 - Accelerated

  
  
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Enrollment Options for the 8597: General Ledger II in Microsoft Dynamics GP 9.0 course

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