Purchasing and Inventory

Cost:
$450 for the first attendee,
$400 for each additional company member

Dates:
None currently scheduled

Time:
9 a.m. to 5 p.m.

Where:
LAI Training Room
7440 E. 6th Ave.
Suite 100
Scottsdale, AZ 85251

Need more info?
Email | 480.423.8300

Who:
This 1-day class is for clients who implement and handle routine processing tasks in the Purchasing and Inventory modules. Typical attendees include purchasing agents, managers and data entry operators.

Content:
One day of hands-on experience with basic processing tasks and repetitive setup options that affect ongoing workflow, such as setting up items, entering purchase orders, receipts, and invoices.

Credit:
CPAs successfully completing this course will receive a CPE certificate.

Prerequisites:
A familiarity with Microsoft Windows. We encourage clients to familiarize themselves with the software prior to attending. Also, those needing information about other modules may take Setup or Workflow.

A minimum of three registrants is required to hold this class. We will notify you if the minimum is not met.

Course Outline

Setup

  • File Locations, Custom Descriptions
  • User Settings and Security
  • Item Class, Location
  • Item Master Setup
  • Data Folder Settings
  • Standard Text
  • Add-Ons
  • Price Lists
  • Return Codes
  • Retainage Codes
  • Vendor Terms
  • Receipt Delivery Conditions
  • Vendor Alternative Addresses
  • Inventory Stock Accounts
  • Quick Bill Interface Settings
  • Inventory Journals
Purchasing Workflow

  • Purchase Order Entry
  • Requisitions
  • Change Order Entry
  • Committing Pending Orders
  • Closing Orders
  • Sending Orders to Job Cost
  • Receipt Entry and Posting
  • Invoice Entry and Posting
  • Return Authorizations
  • Sending Invoices to Accounts Payable
  • Purchasing Reports, Inquiries
  • Moving to History; Import/Export
Inventory Workflow

  • Enter Receipts, Issues, Transfers
  • Post Receipts, Transfers
  • Reserve and Post Issues
  • Update from Billing
  • Physical Inventory: Prepare, Enter, Post
  • Send Inventory Costs to Job Cost
  • Inventory Reports, Inquiries
  • File Tools, Import Issues