Microsoft Dynamics GP Payables Management
A competitive advantage through managing key supplier relationships…
Duration: 1 Day
This course will cover entering invoices, credit notes and payments using a variety of methods.
You will also learn how to access detailed customer information and creditor data through the use of enquiries or reports.
Prerequisites: Windows knowledge. Introduction to Microsoft Dynamics GP.
Who should attend: Data entry clerks, administrators, office managers, CEOs, and anyone needing to understand Payables functionality.
What you will learn:
- Introduce basic concepts and features in Payables Management and understand the basics of Payables Management setup.
- Create and modify creditors' files as well as identify the default accounts and key fields that your company requires.
- Process various types of transactions depending on your requirements, including Invoicing, credit notes and the advantages of using batches.
- Place or release creditor and transactions holds.
- Perform enquiries to view vendor history and summary information. Print a variety of reports to view information including the use of date ranges, report groups, smartlists, and adding report options to My Reports.
- Enter, track and process scheduled payments transactions if required.
- Process prepayment computer generated cheques.
- Process direct payments, credit card payments, and hand written cheques. Process COD cheques.
- Create a batch of creditors' invoices to be paid and process a cheque run. Look at specific issues and problems that can occur during a cheque run.
- Create EFT creditors and then setup a batch of creditors' invoices to be paid and process an EFT payment run. Void transactions that are not paid or applied (open transactions).
- Void paid or fully applied transactions (historical transactions).
- Setup, enter and post Payables Intercompany transactions in the General Ledger if required. Undertake a vendor/debtor consolidation.
Download for more course info
Thank you for your enquiry. You'll be contacted shortly.