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MS Dynamics GP 9.0 Support
MS Dynamics GP 10

Solomon

Multimedia Software
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Accounting Software
Contract Administration in Microsoft Dynamics GP 9.0
Course Description


Introduction
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The one day Microsoft Dynamics GP Contract Administration course explores the windows and functions used to process Contracts. This course also teaches about the underlying master tables used throughout the Field Service Series (FSS) modules. Additional features such as transfers, renewals, and cancellations are covered as well.

A thorough understanding of these topics allows you to handle all necessary functions regarding processing relating to service level contracts. You learn how to set up contract type and price books; and how to enter, maintain, and renew contracts. This course also shows you how to define default values that automatically populate data fields and gather the information you need to make better business decisions by exploring powerful inquiry and reporting options.


Course Objectives:

Enter and maintain different types of contracts.

Process billing and revenue recognition for Contracts.

Create contracts from Sales Order Processing.

Handle transfers from quotes to live documents.

Process renewal letters.

Process auto-renewals and evergreen contracts.

Perform analysis regarding contract profitability.

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Course Outline

Chapter 1: Overview

This chapter provides a general overview of the features and benefits of using the Contract Administration module in an integrated environment. It also focuses on how this module integrates with other modules in the Microsoft Dynamics GP application.

Main Topics

Contract Administration Features and Benefits

Contract Administration Overview

Integration

Contract Administration Roadmap

After completing this chapter, students should be able to:

Identify the features and benefits available when using Contract Administration.

Discuss integration that takes place between Contract Administration and other modules within the application.

Identify the navigation used to access the windows for transactions, reports, utilities, routines, and inquiries in Contract Administration.

Chapter 2: Setup Procedures

This chapter focuses on the setup procedures for the Contract Administration module. We will examine the pre-requisite setup and overlapping windows to make Contracts operate smoothly. Contract Administration setup reports are also discussed briefly.

Main Topics

Contract Administration Setup Checklist

Setup Procedures for Other Modules

Item maintenance

Contract Type Maintenance

Contract Pricing Maintenance

Contract Setup

Labs

Setup precursor data for Returns

Create Customer and Item extensions

Create RMA Types

Update RMA Types for Ready Close status

Create RTV Types

Labs

Contract Setup

Contract Price Books

After completing this chapter, students should be able to:

Customize settings for the Contract Administration module.

Setup extended data for customers and items.

Create Contract types.

Create Contract price books.

Chapter 3: Equipment Maintenance

This chapter helps the student to understand the equipment master and it's relationship to inventory and customers and how it is used in the Contracts module.

Main Topics

Inventory vs. Equipment

Equipment maintenance

System Configuration maintenance

Equipment meter readings

Labs

Create Equipment Maintenance records manually

Create Equipment records from SOP

Create Equipment records from PO Receiving

Test your knowledge - Equipment maintenance

After completing this chapter, students should be able to:

Enter and edit equipment records.

Perform actions related to equipment.

Chapter 4: Contract Entry

This chapter describes how to enter contracts and reviews available features for billing and revenue recognition variations.

Main Topics

Quick Start - Contract Entry

Contract Record Types

Contract Header

Contract Renewal options

Contract Sites

Contract Lines

Sales Contract Entry

Contract Transfer

Labs

Basic Contract Entry

Contract Entry - discounts

Sales Contract Entry

Contract Entry - Quote

Contract Transfer

Test Your knowledge

After completing this chapter, students should be able to:

Enter all types of contracts - quotes, templates, contracts.

Set up additional features for renewal and revenue recognition.

Chapter 5: Contract Daily Procedures

This chapter discusses where to locate information about the contract to understand profitability and remaining invoices or revenue. The student will learn the process for billing and recognizing revenue. A review of the various ways to cancel contracts is discussed.

Main Topics

Locating billing & revenue information

Post contract invoices

Revenue Recognition

Cancelling contracts

Labs

Canceling Contracts

Contract Billing

Revenue Recognition

After completing this chapter, students should be able to:

Know how to analyze a live contract.

Post contract invoices.

Post revenue recognition.

Chapter 6: Contract Maintenance

This chapter discusses additional routines and utilities for the contract administration module

Main Topics

Renewing Contracts

Deleting & Purging contracts

Inquiry and Reports

Labs

Test Your Knowledge

After completing this chapter, students should be able to:

Print contract renewal letters.

Renew contracts individually or en masse via several different methods.

Know the available inquiries and reports.

Chapter 7: Meters

This chapter discusses the concepts of meter billing.

Main Topics

Contract Type Meters

Equipment Meter readings

Posting Meters

After completing this chapter, students should be able to:

Setup metered equipment.

Post meter readings.

Setup and bill for meter overages.

 


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