• Overview
• Outline
• Schedule

About This Course

This one-day course explores the features and benefits of the Microsoft DynamicsT Solomon Bank Reconciliation module. You learn how to enter bank accounts, import bank transactions and reconcile a bank statement against the General Ledger.

Understanding these topics allows you to import transactions into Bank Reconciliation from other Solomon modules as well as import transactions from the bank. You can reconcile bank statements easily according to your schedule and your business demands. Reconcile bank statements quickly and easily from a central location and at any time of the month, including daily processing, through the Reconciliation window, which shows all related activity for a specified period.

Reconcile Solomon transactions at the check/deposit level against the bank statement without the complexity of cash balance management. This is an essential course for all end-users, consultants, and implementers who want to learn about this module of the Microsoft Solomon Financial system.

Classroom training provides serious, in-depth learning thorough hands-on interaction. From demonstrations to presentations to classroom activities, you receive hands-on experience with instruction from our certified staff of experts and increase productivity and efficiency by learning tips and tricks from product specialists.

Audience Profile

Bank Reconciliation training is recommended for anyone who plans to implement, use, maintain, consult, or support Microsoft Solomon. The class is targeted toward data entry clerks, administrators, office managers, CEO's, and consultants who need to understand the technical aspects of Bank Reconciliation and gain foundational knowledge of the application functionality.

Prerequites

• General knowledge of Microsoft Windows.
• Knowledge of Basic navigation functions in Microsoft Solomon.
• Completion of General Ledger training course required. Attendance at Accounts Payable and/or Accounts Receivable training courses recommended.

At Course Completion

After completing this course, students should be able to:

• Set up the Bank File Import function.
• Set up bank accounts to be used in Bank Reconciliation.
• Import Solomon transactions from Accounts Receivable, Accounts Payable, Purchasing and General Ledger.
• Reconcile checks from Accounts Payable and Payroll; deposits from Accounts Receivable; Journal entries from General Ledger.
• Perform the Bank Reconciliation process to reconcile General Ledger balances to a bank statement.