Partner Training - GoldFinch Training Day 4: Accounting

• GL Accounts 

  • Configure GL Accounts (Chart of Accounts)

• GL Variable 

  • Configure Accounting Variables

• Accounting Setup on the Company Setup page.

• Accounting Posting Group

  • Configure Account Posting Setup

• Accounting Maps

  • Accounting Maps

• Inventory Valuation

  • FIFO Costing Method

    • Inventory FIFO Costing Method

  • When COGS of Sales Invoices is updated

    • Trace and Understand COGS from Sales Invoices

  • Actual Landed Cost Assignment

    • Actual Landed Cost Assignment

• Accounts Receivable Management

  • Accounts Receivable

  • Apply Customer Receipt to both Sales Invoices and Credit Memos

• Accounts Payable Management

  • Accounts Payable

• General Ledger Management

  • Process General Journals

• Bank Reconciliation

  • Bank Reconciliations

• End of Month Closing

  • Month-End Routines

  • Daily Adjust Cost Routine

  • Inventory Valuation Report as of date

  • AR Aging as of date

  • AP Aging as of date

  • Customer Outstanding Statement

• Financial Reporting

  • Real-time financial reporting

  • QBO type User Interface

  • Filters - Save Custom Reports

  • Cash Flow

  • GL Inquiry

• Advanced Topics

  • Multi-Ledger 

    • Segregate inventory by Warehouse GL Ledger 

    • Inventory valuation at the base currency 

  • Multi-Currency

  • Consolidation/Elimination?

Red lines are reasons why we are better AS