Bank Reconciliation in Microsoft Dynamics GP 2010 (80222)
Module 1: Overview and Setup ProceduresThis module gives students a general overview of the features and benefits of using the Bank Reconciliation module in an integrated environment. It also focuses on the setup procedures for the Bank Reconciliation module, and the options available to customize this module to reflect the way your organization does business. The module also covers entering beginning balances for each checkbook in preparation for suing the Bank Reconciliation module.Lessons
- Features and Benefits
- Bank Reconciliation Setup
- Checkbook Maintenance
- Transfer Existing Checkbooks to Bank Reconciliation
Lab : Overview and Setup Procedures
- Bank Reconciliation Setup
- Checkbook Setup
After completing this module, students will be able to:
Module 2: Daily ProceduresThis module defines the ways that transactions can be entered and posted in Bank Reconciliation. You explore the different types of transactions, receipts, and deposits that may be entered in this module. This module explains how each type of transaction may update the cash balance in the General Ledger, the checkbook balance in Bank Reconciliation, or both.Lessons
- Transaction Types in Bank Transaction Entry
- Enter Checks, Withdrawals, and Adjustments
- Enter Receipt Transactions
- Miscellaneous Checks
- Bank Transfer Entry
- Deposits with Receipts
- Deposits without Receipts
- Clear Unused Receipts
Lab : Daily Procedures
- Entering an Outstanding Check
- Entering a Check Transaction
- Entering a Cash Receipt
- Printing a Check
- Entering a Bank Transfer
- Entering a Deposit with Receipts
- Entering a Deposit without Receipts
After completing this module, students will be able to:
Module 3: Reconcile Bank StatementsThis module examines the steps that are required to reconcile a checkbook to the bank statement. The process to enter miscellaneous transactions and adjustments during the reconcile process is covered in detail. Time is spent discussing the transaction posting that occurs during the reconcile process.Lessons
- Reconcile Bank Statements
- Selecting Bank Transactions
- Enter Adjustments and Reconcile
Lab : Reconcile Bank Statements
- Reconciling a Checkbook
After completing this module, students will be able to:
Module 4: Maintaining RecordsThis module examines the functionality available to maintain Bank Reconciliation records. The process to void transactions, transfers, and deposits is covered in detail. Time is spent discussing the procedure for changing and deleting records. How to remove historical information from Microsoft Dynamics GP and the effects of removing this history is demonstrated. Time is also spent discussing the inquiry windows and reports that can be generated from the Bank Reconciliation module.Lessons
- Voiding Transactions
- Deleting Checkbooks
- Removing History
- Using Inquiries
- Report Options and Printing
- Report Groups
- Report List
Lab : Maintaining Records
- Removing History
After completing this module, students will be able to:
Module 5: Appendix: Job AidsThis appendix includes job aids that are used in Bank Reconciliation. There is also a quiz to help evaluate what topic areas may need to be revisited.Module 6: Appendix: Case StudyThis case study is a comprehensive lab that can be used to reinforce the learning that occurred throughout the Bank Reconciliation class.
The one-day Microsoft Dynamics GP Bank Reconciliation course explores the accounting cycle and the processes that are required to manage cash receipts, cash disbursements, and other transactions that affect checkbook balances. This course shows how to perform the reconciliation process. This guarantees accuracy of your financial data and its relation to your financial institution.A thorough understanding of these topics enables 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 before performing the reconciliation process, and how to use the Checkbook Register report, which may be printed at any time. This course also teaches you how to define default values that automatically populate data fields and collect the information that you must have to make better business decisions by exploring powerful inquiry and lookup functions.
Before attending this course, students must have:
After completing this course, students will be able to:
This course is intended for customers who want to learn the basic features and to develop a working knowledge of the typical day-to-day procedures required to effectively use Microsoft Dynamics GP Bank Reconciliation.Bank Reconciliation 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, CEOs, and consultants who have to understand the technical aspects of Bank Reconciliation and gain foundational knowledge of the application functionality.
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