OVERVIEW
This comprehensive and interactive class discusses the setup and use of Macola ES finacial modules. The class explores transactions from entering beginning balance information to processing basic general ledger, accounts receivable and accounts payable transactions. You will also learn basic period and year-end processing required in the Finacial modules

OBJECTIVES

Establish a chart of accounts including the use of Cost Units and Cost Centers

Use categories to structure financial statements

Set up period-date calender

Set up Journals and link journals to processes

Identify the defaults in Package Settings used to customize the Accounts Receivable and Accounts Payable packages

Demonstrate entering and maintaining customer and vendor information in their maintenance screens

Process general ledger transactions such as regular general journals entries, recurring entries, and reversing entries

Process A/R and A/P transactions including entering invoices and cash receipts

Class Overview

DAY 1 - Overview System + G/L
DAY 2 - A/R + A/P
DAY 3 - Cash Flow + Excell Add-In

OVERVIEW
This hands on class provides the foundation you will need to effectively use funtionality within the Macola ES Distribution modules

OBJECTIVES

Explore the features and benefits of each module

Understand the overall integration of the Macola ES Distribution modules

Understand the application setup process for each module

Identify critical business decisions and their implications within each module

Process basic transactions

Discuss the views and reports within each module

Recognize inventory costing methods

Class Overview

DAY 1 - Overview of IM
DAY 2 - P/O & BOM
DAY 3 - POP & O/E + RMA

OVERVIEW
This class provides an understanding of the steps involved in period - and year-end processing.

OBJECTIVES

Review how to add years and open and close periods in the period-date calender

Review how journals are linked to processes

Identify the processing steps required for year-end in each module

Discuss steps necessary to print 1099 reports

Understand the Process Profit and Loss application used to create period-or year-end entries

Learn how to make correcting entries to a prior year

OVERVIEW
This class provides an understanding of the basic accounting year-end processes

OBJECTIVES

Discuss the System Manager Period File funtionality

Understand what date is used when posting to the general ledger

Discuss what needs to be completed in each module prior to closing

Learn how to print/create1099 reports

Learn how to use reversing entry funtionality

Learn how to enter budget information for the new year

Learn about the General Ledger Temporary Year-End Close

Understand the General Ledger Final Year-End Close

Learn how to reprint prior-year financial statements after a final year-end close