Pre-Work Or Course Outline - Sage X3 Core Financials

Question 1

Sage X3 MX3 Bootcamp: Core Financials: Pre-Work - Day 1 Training

Answer 1

OVERVIEW OF THE ACCOUNTING STRUCTURE: 45 Minutes to complete:
- Accounting Setup and Overview
- Defining the Account Plan (Chart of Accounts)
- Creating Account Classes
- Creating an Account
- Copying Accounts
- Defining Accounting Codes
- Grouping Control Accounts
- Building Account Pyramids

UNDERSTANDING ANALYTICAL ACCOUNTING: 30 Minutes to Complete:
- What is Analytical Accounting?
- Defining Dimension Types
- Assigning Values to Dimension Types
- Assigning Dimension Types to Specific Entities
- Defining Default Dimension Codes
- Building Dimension Pyramids

ENTERING JOURNAL TRANSACTIONS:
5 Minutes to Complete:
- Working with Analytical Allocations.

SETTING UP AP-AR PARAMETERS: 10 Minutes to Complete:
- Understanding Invoice Types

Question 2

Sage X3 MX3 Bootcamp: Core Financials: Pre-Work - Day 2 Training

Answer 2

UNDERSTANDING LEDGERS, COMPANIES, SITES, AND FISCAL YEARS: 45 Minutes to Complete:
- Defining Fiscal Years and Periods
- Understanding Ledgers.
- Working with Multiple Ledgers
- Defining Account Core Models
- Creating Companies and Sites

SETTING UP TAXES: 30 Minutes to Complete
- Setting up Tax Rates
- Setting Up BP Tax Rules
- Setting Up Tax Levels
- Setting up Tax Determinations.

Question 3

Sage X3 MX3 Bootcamp: Core Financials: Pre-Work - Day 3 Training

Answer 3

SETTING UP AP-AR PARAMETERS: 45 Minutes to Complete:
- Understanding Payment Methods
- Defining Payment Terms
- Defining Early Discounts and Late Charges.

SETTING UP FOR THE PAYMENT AND RECEIPT PROCESS: 45 Minutes to Complete:
- Setting Up Payment Attributes
- Defining Payment Entry Types
- Setting Up Other Options
- Managing Checks
- Setting Up The Bank Files

Question 4

Sage X3 MX3 Bootcamp: Core Financials: Pre-Work - Day 4 Training

Answer 4

UNDERSTANDING BUSINESS PARTNERS: 45 Minutes to Complete:
- Entering Business Partners
- Defining Customer Categories
- Overview of the Customers Function
- Defining Supplier Categories
- Overview of the Suppliers Function
- Printing and Previewing Customer Statements
- Viewing Customer and Supplier Inquiries.

Question 5

Sage X3 MX3 Bootcamp: Core Financials: Pre-Work - Day 5 Training

Answer 5

MANAGING EMPLOYEE EXPENSES: 50 Minutes:
- How to Define G/L Accounts for Expenses
- How to define Accounting Codes for Expense Costs
- How to define Expense Codes
- How to define Miscellaneous Business Partners
- How to define User Account for Expense Processing
- Processing Expense Reports

Question 6

Sage X3 MX3 Bootcamp: Core Financials: Pre-Work - Day 6 Training

Answer 6

ENTERING JOURNAL TRANSACTIONS: 25 Minutes to Complete:
- Posting to the General Ledger
- Setting Up Journal Entries.
- Creating Journal Entries
- Adjusting Journals from Inquiries
- Entering Batches

ENTERING SUPPLIER INVOICES: 20 Minutes to Complete:
- Entering Supplier Invoices
- Viewing and Managing Open Items

ENTERING CUSTOMER INVOICES: 10 Minutes:
- Entering Customer Invoices

BANK POSTING AND REMITTANCES: 20 Minutes to Complete:
- Creating Automatic Remittances
- Bank Posting
- Creating Manual Remittances

ENTERING PAYMENTS AND RECEIPTS: 45 Minutes to Complete
- Using the Cash Requirements Report
- Generating Automatic Payment Proposals
- Entering Payments and Receipts

WORKING WITH BANK RECONCILIATION: 45 Minutes:
- Manual Bank Reconciliation
- Reconciling Bank Entries
- Advanced Bank Statement Imports Overview
- Understanding the Reconciliation Flows.
- Reversing a Reconciliation
- Printing a Reconciliation Report

CURRENT PROCESSING: 9 Minutes to Complete:
- Final Validation

CLOSING PROCEDURES: 20 Minutes:
- Closing Periods
- Closing Fiscal Years

WAYS TO VIEW YOUR DATA: 10 Minutes to Complete:
Financial Data Extraction

Question 7

Sage X3 MX3 Bootcamp: Core Financials: Pre-Work - Day 7 Training

Answer 7

BANk POSTING AND REMITTANCES: 7 Minutes to Complete:
- Bank and Payment Inquiries

CURRENT PROCESSING: 36 Minutes to Complete:
- Recurring Journals

Question 8

Sage X3 MX3 Bootcamp: Core Financials: Post-Work - From Day 8 of Training Moving forward.