Tonight I finished going through the videos and completing the training exercises for the F130 Advanced Accounts Payable (V3.0) course. Now I just need to go through the F140 Advanced Cash Management (V4.0) and F300 Inter-Company Accounting (V3.0), then I can contact an instructor to review my work. The F130 Advanced Accounts Payable (V3.0) course was pretty straightforward. Here are the topics that were covered: AP Recurring Transactions Just like on the Accounts Receivable side of things, … [Read more...]
F120 Advanced Accounts Receivable (V3.0)
The F120 Advanced Accounts Receivable (V3.0) course was much more involved than the F110 Advanced General Ledger (V3.0) course. There are a lot more setup options to consider. I first tried to complete the exercises without watching the training videos, but I failed. I needed the training videos in order to see how to do all the steps in the process. Here are the main topics covered in the training material: AR Recurring Transactions You can create a schedule and then add invoice … [Read more...]
Acumatica Training Videos
Some brief comments about the Acumatica training videos on Acumatica University: I'm currently going through the F120 Advanced Accounts Receivable (V3.0) course which employs the most extensive set of videos that I've encountered so far. The lady who recorded the videos has an accent that takes a little while to get used to, but I really like her enthusiasm. Also, there is an advantage to her not having a stellar command of the English language because it forces her to read from a script (at … [Read more...]
Demo Company
Tonight I realized that I didn't do my F110 Advanced General Ledger (V3.0) transactions in the demo company. Instead I did them in the blank company which was required to complete the F100 Hands-On Financials (V4.0) course. Oops... So, I went back and installed the demo company in the same database as my original blank company. It's nice to have the option to install multiple companies in the same database if you want. This makes consolidated reporting much easier. Now I'm going back through … [Read more...]
F110 Advanced General Ledger (V3.0)
I got a response from the email that I sent to learning@acumatica.com and the instructor recommended that I go through all the Financial courses, then we can look at everything in one sitting. So, tonight I went through the F110 Advanced General Ledger (V3.0) course. Nothing too complicated here, just covered the following: Allocations Recurring Transactions Budgets Closing Process Some of the screen names were a little different since this is a 3.0 course (no 4.0 available yet), but the … [Read more...]
Finally Done Importing
I finally finished the data migration portion of the F100 Hands-On Financials (V4.0) course. Data migration is my least favorite portion of any implementation because: I think it's boring It always takes much longer than you think it will It took me a few late nights to finally get through this. There was some bad data in some of the import files that I had to cleanup in order for the import to go through successfully. When you import AP and AR open bills/invoices, the system automatically … [Read more...]
Importing Vendors
Tonight I went through pages 118-123 in the F100 Hands-On Financials (V4.0) course. Even though there were only a few pages, I spent quite a bit of time going through them (data import always takes a lot of time). The sample file that was created for import had some errors which made for good practice. Overall, I like the import tool. First you create a mapping definition between your Excel file and the screen that you are importing into. Then you run the import. The errors appear next to … [Read more...]
AP and AR Configuration
Today I went through pages 69-117 in the F100 Hands-On Financials (V4.0) course. This section covered setting up the AP and AR modules. Lots of features to read through. I found myself using a couple of the keyboard shortcuts to save information and quickly transition to the next task. Here are a few things that stood out to me: Payment Lead Time - This is an AP feature that allows you to define the average number of days that a payment takes to reach a vendor. I assume that the Aging report … [Read more...]
Cash Manager Configuration
The Cash Manager Configuration exercise occupied page 36 to 68 in the 157 page .pdf file that I downloaded from Acumatica University. Nothing too earth shattering here. Lots of setup options: what payment terms are valid for which cash accounts, how to link a GL account to a cash account, whether or not an account is used in AP/AR/Remittance, and even whether or not to upload a check signature image. There were a few mistakes in the training guide which gave the wrong screen ID or the … [Read more...]
First Training Course – F100 Hands-On Financials (V4.0)
I will be starting with the F100 Hands-On Financials (V4.0) course. Tonight I downloaded the material needed to complete the course. I will go through the 157 page .pdf file and setup a company from scratch. I like the from scratch approach. In the past I have worked with demo data when learning an ERP product, but it was hard to pay attention since the data was already created for me. I'm hoping that building a company from scratch will help me to stay more engaged during the learning … [Read more...]