PENTAGON2000 Software, Inc.
This training day will be dedicated to Accounting and Financials.
We will cover the accounting module and its integration to the materials management.
Modules to be covered during the day:
1) Accounting Setup
a) Setup Fiscal Year and defaults
b) Setup bank accounts
2) Chart of Accounts and Tables Setup
a) Create Chart of Accounts – Single hierarchy or multi level
b) Create default Account Tables
c) “Periodical Inventory” vs. “Perpetual Inventory”
3) Financial reports setup
a) Build financials groups
b) Build financials statements
4) Accounts Receivable
a) Create various cash receipts / wires / credit card receipts
b) Managing customer credits and refunds
c) Recurring sales invoices
d) Statements and aging reports
5) Accounts Payable
a) Create manual checks / wires / credit card payments
b) Create automatic checks
c) Managing vendor debits
d) Recurring invoices
e) Payable aging reports
6) General Ledger
a) Journal entries
b) Recurring journal entries
c) Posting transactions to the general ledger
d) Bank reconciliation
e) End of year closing procedures
7) Financials Reports
a) Accounts receivable reports
b) Accounts payable reports
c) General ledger reports
d) Financial reports
Following is the training day’s schedule.
Please note that the schedule includes sufficient instructor led, hands-on practice sessions:
TRAINING AGENDA:
09:00 10:00: Accounting and Financials Overview in the Pentagon 2000 Software
10:00 11:00: Accounts Receivable
11:00 12:00: Accounts Payable
12:00 13:00: Lunch Break (will be provided)
13:00 01:00: General Ledger
01:00 02:30: Hands on practice on individual workstations
02:30 04:00: Financial Reports and Advance Features
04:00 05:00: Wrap up session, Questions and answers