Consolidated Accounting

The Consolidated Accounting workshop provides the accounting professional with an in-depth review of S2K’s General Ledger, Accounts Receivable and Accounts Payable modules. This two day workshop includes instructional and hands on training. Individuals will gain a full understanding of each application enabling full optimization of the system. A complete understanding of transactional processing, inquiries, and reporting, in addition to application interaction and workflow, will increase efficiencies and aid individuals in making critical business decisions.

Business professionals interested in this workshop should have an understanding of your company's accounting procedures and a basic understanding of accounting. Additionally, if you are responsible for interface and file maintenance setup, the implementation workshop is recommended prior to taking this workshop.


  • An understanding of your company's procedures for processing cash receipts, paying vendors or maintaining the General Ledger Chart of Accounts
  • Implementation Workshop if responsible for Interface and File Maintenance setup


  • To gain a basic understanding of the functions and features of the S2K Enterprise Accounting modules

Course Outline:

Accounts Receivable

  • Discussion of impact of invoice cycle on accounts receivable
  • Daily Transaction Processing
  • Cash Receipts
  • Adjustments
  • Returned Checks


Reports and their use

Accounts Payable

  • Discussion of impact of purchase order price verification
  • Daily Transaction Processing
  • Voucher Entry
  • Handwritten Checks
  • Generate Computer Checks
  • Letter of Credit Processing
  • Foreign Currency Payments
  • Inter-company Payables


Reports and their use

General Ledger

  • Review of General Ledger interface
  • Review of file maintenance tables for General Ledger
  • Discussion of flow of data to the General Ledger
  • Daily Transactions Processing

Journal Entries

  • Bank Reconciliation


Reports and their use

Day-End Processing

  • Impact on the financial applications

Month-End Processing

  • Accounts Receivable
  • Accounts Payable
  • General Ledger

Year-End Processing

  • General Ledger Preliminary Close
  • Year-End Adjustments
  • General Ledger Final Close