Dynamics GP Year End Close Procedures

Time: Half Day

General Description

In this workshop you will learn the processes and steps necessary to close an accounting period and a fiscal year. The steps necessary to complete each phase of the closing process will be discussed in detail.

Audience

Users who want to learn the features and develop an extensive knowledge of the procedures required to perform a fiscal period close in Dynamics GP.

Topics

Complete the processes that are performed at the end of an accounting period.
Consolidate periods and be aware of the effects of performing the consolidation process.
Complete the steps necessary to close a year in the General Ledger.
Set-up a special posting period for posting adjusting entries.
Print detailed Trial Balances and Financial Statements.
Use the Mass Close option, where applicable.
Set up a new fiscal year.

Prerequisites

General knowledge of core financial modules and at least one month of Great Plains work experience.

Class Size

Maximum 6 participants

Cost

1 training voucher

Rimrock offers classes in the following Microsoft FRx, Microsoft Dynamics GP, and Microsoft Dynamics GP areas:

Microsoft FRx

FRx Fundamentals
FRx Advanced

Microsoft Dynamics GP

GP Orientation Training
Dynamics GP for the CFO
GP Advanced Tips 'n Tricks
Customizations and Integrations
GP Reporting Tools
Year End Closing Procedures

Microsoft Dynamics GP Modules

General Ledger
Bank Reconciliation
Receivables Management
Payables Management
Purchase Order Processing
Contract Administration
GP Canadian Payroll
Human Resource Management

Microsoft Dynamics CRM 4.0

New Features
Administration
Advanced User Training
Sales User Training
Marketing Campaign Management
Marketing and Event Management
Sales and Opportunity Management