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.
Prerequisites
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
Objectives
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
Inquiries
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
Inquiries
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
Inquiries
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
