Accounts Payable Expert for MIP Fund Accounting

By November 14, 2016
October 16, 2017 @ 8:30 am – 4:00 pm
10604 NE 38th Pl
Kirkland, WA 98033

Hands On Training at our Seattle Classroom
Oct 16th | 8:30 am – 4:00 pm | 10604 NE 38th Pl, Kirkland, WA
$500pp ($400pp if on Welter Support Plan)
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During this class you will learn:

  • Best practices for processing A/P and other disbursements in the system include prepaid transactions to get audit schedule from system, credit card transactions, sweeps between bank accounts, etc.
  • When to use each of the transaction entry screens
  • How to use and set-up the electronic attachment feature in MIP
  • Set-up and use of memorized documents, recurring documents, entry defaults and other areas within the application that can reduce transaction entry time to process and reduce the potential for errors
  • Use of 1-time vendors and associated audit trails, use of rename/merge feature and best practices for setting up vendors, including 1099 information.
  • A/P sub-ledger reports and other disbursement and reconciliation reports that are most commonly used in the system and their purpose
  • Purpose of using a requisition module/PO module and/or encumbrance module to track commitments whether utilizing MIP or another system and the benefits of utilizing such tools
  • Recording of prepaid transactions to product audit schedule from accounting system
  • And we will discuss and resolve all of the examples you bring to class
More Details & Cancellation Policy