PREFACE I
CHAPTER 1: INSTALLING AND USING DYNAMICS GP
Chapter Overview
LEVEL ONE
Hardware and Operating Software Requirements
Installing Dynamics GP
Copy Sample Databases to the Computer
Attaching Databases to GP
GP Series Covered in the Text
Backing Up and Restoring Databases
Exiting GP and Unloading Databases
Returning to GP
Company Background
Introduction to the Interface
System Date
Field Lookup Windows, Hyperlinks, and Dropdown Lists
Toolbar Shortcuts
Financial Accounts
Transactions
Running Reports
Setting User Preferences
LEVEL TWO
Accounting Software and Company Objectives
Software Licensing and "Rights of Use"
Level One Questions
Level Two Questions
CHAPTER 2: THE S&S COMPANY DATABASE
Chapter Overview
LEVEL ONE
General Ledger Account Framework
General Ledger Account Types
General Ledger Trial Balance
Company Fiscal Periods
Payment Terms, Shipping Methods, and Bank Accounts
SmartList
LEVEL TWO
Database Management System (DBMS)
Series Integration
REA Data Model: Master, Transaction, and Linking Tables
Level One Questions
Level Two Questions
CHAPTER 3: INTERNAL CONTROLS AND GP SECURITY
Chapter Overview
LEVEL ONE
Security Installed During GP Installation
Posting Setup Controls
The Audit Trail
Activity Tracking Log
LEVEL TWO
System Manager Security
Predefined Security Roles
Implementing Security
Security Reporting
Level One Exercises
Level Two Exercises
CHAPTER 4: INVENTORY CONTROL SERIES
Chapter Overview
LEVELS ONE & TWO
Inventory Setup
Inventory Item Cards
Inventory Pricing
Inventory Vendors
Inventory Adjustments
Physical Inventory Process
Inventory Inquiries and Reporting
Level One and Two Questions
CHAPTER 5: REVENUE CYCLE AND GP SALES SERIES
Chapter Overview
LEVEL ONE
Customer Cards
Sales Series Transactions
Sales Department Activities
Warehouse and Shipping Department Activities
Accounts Receivable Department Activities
Sales Series Reporting
Month-Ending the Sales Series
Year-Ending the Sales Series
LEVEL TWO
Sales Series Setup and Internal Controls
Customer Card Internal Controls
Sales Series Setup Reports
Level One Questions
Level Two Questions
CHAPTER 6: EXPENDITURE CYCLE AND GP PURCHASING SERIES
Chapter Overview
LEVEL ONE
Vendor Cards
Purchasing Series Transactions
Purchasing and Departmental Activities
Receiving Department Activities
Accounts Payable Department Activities
Cashier Department Activities
Purchasing Series Reporting
Month-Ending the Purchasing Series
Year-Ending the Purchasing Series
LEVEL TWO
Purchasing Series Setup and Internal Controls
Purchasing Series Setup Reports
Level One Questions
Level Two Questions
CHAPTER 7: PAYROLL CYCLE AND GP PAYROLL SERIES
Chapter Overview
LEVEL ONE
Payroll Series Cards
Payroll Series Transactions
Cashier Department Activities
Payroll Reporting: Pay Period and Monthly Reports
Payroll Reporting: Quarterly Reports
Payroll Reporting: Yearly Reports
Month-Ending the Payroll Series
Year-Ending the Payroll Series
LEVEL TWO
Payroll Series Setup and Internal Controls
Pay Type, Tax, Deduction, and Benefit Codes
Payroll Posting Account Setup
Payroll Series Setup Reports
Level One Questions
Level Two Questions
CHAPTER 8: FINANCIAL REPORTING AND GP FINANCIAL SERIES
Chapter Overview
LEVEL ONE
Financial Cards
Reviewing the Series Posting Window
Reviewing The Detailed Trial Balance Report
Journal Entries
Banking Transactions
Bank Reconciliation
Financial Statements
Month-Ending the Financial Series
Year-Ending the Financial Series
LEVEL TWO
Financial Series Setup
Financial Series Setup Reports
Designing Basic Financial Statements
Advanced Financial Statements
Level One Questions
Level Two Questions
APPENDIX A: DATA BACKUP / RESTORE PROCEDURES AND ERROR MESSAGES
Backing up and Restoring Databases
GP Error Messages
APPENDIX B: COMPANY SPECIFICS
S&S Chart of Accounts
S&S Inventory Items
S&S Customer Accounts
S&S Vendor Accounts
S&S Employees Accounts
APPENDIX C: CORRECTING TRANSACTIONS
Posting Errors
Correction Procedures
APPENDIX D: EXERCISE SOLUTIONS
Chapter 1 Exercises
Chapter 2 Exercises
Chapter 4 Exercises
Chapter 5 Exercises
Chapter 6 Exercises
Chapter 7 Exercises
Chapter 8 Exercises
INDEX
