Acumatica ERP Experience Required: 3-6 months

Who Should Attend (relationship to Acumatica):

• Professionals who want to learn Acumatica ERP

Acumatica ERP version: 2020 R2

Training Description: This training illustrates the processing of cash transactions, such as a cash entry and a funds transfer. It also describes the process of reconciling a cash account with a bank statement, which is a preparation step for period-end procedures. This training explains how to close, lock, unlock, and reopen financial periods and illustrates how to generate a financial calendar for a new financial year.

Training Syllabus: The program is covered over two days as follows:

• Day 1: Cash Transactions and Bank Reconciliation. In this session, you will learn how to create a cash entry in Acumatica ERP and how to record a funds transfer between cash accounts. You will also reconcile a cash account with a statement from a third-party financial institution.
• Day 2: General Ledger—Period-End and Year-End Procedures. In this session, you will learn how to close a financial period in a subledger and close a financial period in all the subledgers and in the general ledger at the same time. You will learn how to generate financial periods for a new financial year in the system and review the period statuses and how to open a period in the subledgers and in the general ledger. At the end of the session, you will lock a financial period in a subledger, unlock a locked financial period in a subledger, reopen a financial period in the subledgers and the general ledger at the same time and deactivate a financial period in the subledgers and the general ledger

Partner Certification: This class is based on the materials of Part 5: Cash Transactions and Bank Reconciliation and Part 6: General Ledger—Period-End and Year-End Procedures of the F100 Financial Basics course, which is part of the Business Consultant badge. Completion of this class does not give you an automatic completion of the related course at Partner University; you will still need to complete the exam at Partner University.

Date and time: This training meets the following two times, and attendees are expected to attend both sessions:

• Tue, Mar 30, 2021 10:00 AM – 11:00 AM PT
• Wed, Mar 31, 2021 10:00 AM – 11:00 AM PT

Registration URL: hhttps://webinar.ringcentral.com/webinar/register/4316146041284/WN_rfJs6xFKQl6El5wF0SD0pw*

*To provide a cloud instance for attendees, we need to generate a registration report and perform some activities to deploy the instance and send out the credentials. All this takes time and we have to do it several hours before the webinar. So we highly recommend not leaving the registration up to the last minute of the webinar start. Everyone who registers after 6 AM PT of Day 1 session will not receive the link to the cloud instance and credentials for it and will have to attend a webinar in a view-only format.

Instructor: Jim Bartow

Prerequisites­

None.

Advance Preparations

None.  Attendees will be provided with a cloud instance and tenant for training purposes.

Training Materials Please download the following training materials that you will need for the training:

• Training guide: F100 Financial Basics.pdf
• Files for Training: Files for Training.zip

Continuing Professional Education

• nnnnProgram knowledge level: Basic
• Delivery method: Group Internet Based program*
• NASBA field of study: Computer Software & Applications
• Maximum number of CPE credits that may be earned by the participant: 2

Due to this program being offered free of charge, there will be no refunds issued. If you have any questions, please feel free to contact us at training@acumatica.com.

* We offer CPE credits for this course if you attend the course in the format of online instructor-led RingCentral session. During the session, we measure your attentiveness by using polling questions at random times. We provide the certificate if you have answered polling questions during the session. To get the certificate with the confirmed CPE credits, please send a request to training@acumatica.com after the session is complete.

National Registry Statement

Acumatica is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org. 

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