Duration: 1 Day

Prerequisites:

• General knowledge of Microsoft Windows
• Knowledge of Basic navigation functions in Microsoft Solomon
• Completion of General Ledger training course required. Attendance at Accounts Payable and/or Accounts Receivable training courses recommended

Course Description:

This one-day course explores the features and benefits of the Microsoft Business Solutions Solomon Cash Manager module. You learn how to classify transactions by account type, view cash balances, reconcile bank accounts, and project cash flows.

Understanding these topics allows you to access current cash balance information instantly while entering transactions, to help you track what is in the bank on a daily basis. Transfer funds between different cash accounts and manage your money effectively while accurately displaying critical information at a moment's notice. Reconcile bank statements easily according to your schedule and your business demands. Assemble daily cash balances from subsidiary databases into a consolidated database, so cash account balances for the entire organization are available to view in one application. Reconcile bank statements quickly and easily from a central location and at any time of the month, including daily processing, through the Bank Reconciliation window, which shows all related activity for a specified period.

Reconcile at the check/deposit level and easily enter transactions that affect cash but are not captured in other Microsoft Solomon modules, such as bank service charges, wire transfers, or other cash transaction types that you create. This is an essential course for all end-users, consultants, and implementers who want to learn about this core module of the Microsoft Solomon Financial system.

Objectives:

After completing this course, students will be able to:

• Create Cash Account Transactions to update Cash Manager and General Ledger accounts
• View the results of the transactions and Daily Cash Balances
• Identify the appropriate use for the Reconciling options for the batches entered in Cash Account Transactions
• Perform the Bank Reconciliation process to reconcile Cash Manager balances to a bank statement
• Reconcile checks and deposits from Accounts Payable, Payroll, and Accounts Receivable
• Setup the Bank Reconciliation Import function
• Perform Cash Forecasting using what-if transactions and scenarios

Troubleshoot and correct operator input errors including incorrect period to post, entries to incorrect accounts, and understanding transactions created in related modules and their effect on the Cash Manager account balances

Register for 3 or more Microsoft Dynamics training classes at Save On Training and receive a free Microsoft Dynamics test voucher now.

Click here for more information.