Duration: 1 Day
This course explores the primary features in the Microsoft Dynamics GP purchasing lifecycle, including purchase order setup, purchase order entry, shipment receipts and returns, and shipment invoicing. This course examines the implications of each purchase order processing setup option and how to customize them to meet your business requirements.
What You Will Learn
- Purchase orders, receipts, and returns
- Drop-ship and standard blanket purchase orders
- Copy item details from an existing purchase order
- Use inquiry screens and reports to extract and analyze appropriate information to maintain and improve business processes
- How purchase order processing integrates with the Accounts Payable module
- Enter landed costs at the time you enter the receipt of inventory and after the items have been received
- Close the Purchasing module
- Define setup options for the module that allow you to customize your system for your organization's unique needs
Audience
- Anyone who plans to implement, use, maintain, consult, or support Microsoft Dynamics GP
- Data entry clerks, administrators, office managers, CEOs, and consultants who need to understand the technical aspects of purchasing
Prerequistes
- General knowledge of Microsoft Windows
- Knowledge of basic navigation functions in Microsoft Dynamics GP
- Completed General Ledger or Payables Management training
Course Outline
1. Overview and Setup
- Features and Benefits
- Purchase Order Processing Setup
- User-Defined Fields for PO Receipts
- Purchasing Tax Schedules
- Revalue for Cost Variances
- Buyer Maintenance
- Landed Costs
2. Entering Purchase Orders
- Purchase Order Entry
- Linking Purchase Orders to Sales Orders
- Drop-Ship Purchase Orders
- Blanket Purchase Orders
- Printing Purchase Orders
- Automatic Purchase Order Generation
3. Entering Shipments
- Entering Purchase Order Receipts
- Shipment line item matching
- Applying Landed Costs
- Posting Receipts
4. Entering Invoices and Returns
- Purchase Invoice Entry
- Verifying Distributions
- Posting Process and Cost Variances
- Returning Purchase Orders
5. Entering and Removing Records
- Deleting and Voiding Purchase Orders
- Editing Purchase Orders
- Reconciling Purchase Orders
- Purchase Order Inquiries
- Purchase Order Reports and Reports Scheduler
Course Labs
Lab 1: Purchase Order Processing Setup
Lab 2: Entering Purchase Orders
Lab 3: Entering Shipments
Lab 4: Entering Invoices and Returns
