P200 Project Accounting Extended Scenarios (CPE)

For information on CPE credits, please see the Continuing Professional Education section.

Audience: This course is intended for consultants of the project accounting functionality of Acumatica ERP.

Acumatica ERP Experience Required: at least 1 year

Who Should Attend (relationship to Acumatica):

• Partners who implement Acumatica ERP project accounting functionality for customers.
• Professionals who want to learn Acumatica ERP.

Acumatica ERP version: 2022 R2

Training Description: This webinar demonstrates the process and explanations of the configuration and business process flow in Acumatica ERP.

Training Syllabus: The program is covered over four days as follows:

• Day 1: Implementing Two-Tier Change Management and Capturing Project Overhead. In this webinar, you'll learn how to create a change order class for the two-tier change management system, configure default markups, create a change request to update the project budget, and create a change order based on the change request. Then, you will process a change request with a cost change, and with a revenue change order, you will cancel a change request, close a change request, configure an allocation rule to get project overhead as a percentage of the project's expenses, and you will get the overhead.
• Day 2: Forecasting the Budget by Period, Controlling the Budget on Document Entry, Correcting Pro Forma Invoices, and Correcting Actual Income of Projects. During this session, you'll learn how to create a change order class for two-tier change management, configure default markups, make a change request for updating the project budget, and make a change order based on it. Then, you will do a cost change order, and a revenue change order, you will cancel and close a change request. You will learn how to control whether AP bills for a project exceed the project budget, whether purchase orders for a project exceed the project budget, and whether change orders for a project exceed the project budget. Moreover, you will learn how to control whether AP bills are created for a project that goes over budget, whether purchase orders go over budget for a project, and whether change orders go over budget.
• Day 3: Accounting for WIP Costs in Cost-Plus Projects, Configuring Employee-Specific, and Complex Billing Rates. This session teaches you how to configure an allocation rule to move project costs to a WIP account group, configure a cost-plus project for allocating costs to the WIP account group, and temporarily allocate costs of the project to the WIP account group.
• Day 4: Processing Employee Expenses Paid with Corporate Cards, Configuring Labor Cost Rates, and Tracking Employee Work in Projects. The webinar will also provide you with an overview of setting up a GL account, a cash account, and payment methods for a corporate credit card, creating a corporate credit card, preparing company expense receipts for expenses paid with the corporate credit card, submitting those receipts for reimbursement, processing personal expenses paid with a corporate credit card, processing company expenses paid with a personal account, and billing a project for the employees' time.

Partner Certification: This webinar is based on the materials of the P200 Project Accounting Extended Scenarios 2022 R2 course, which is part of the Project Accounting badge. Completion of this class does not give you an automatic completion of the related course at Partner University; you will still need to complete the exam at Partner University.

Date and time: This training meets the following four times, and attendees are expected to attend all four sessions:

• Tue, May 16, 2023 10:00 AM - 11:00 AM PT
• Wed, May 17, 2023 10:00 AM - 11:00 AM PT
• Thu, May 18, 2023 10:00 AM - 11:00 AM PT
• Fri, May 19, 2023 10:00 AM - 11:00 AM PT

Registration URL: https://webinar.ringcentral.com/webinar/register/7216824320509/WN_TGq1XXdxQquwOViAdbTZmQ

*To provide a cloud instance for attendees, we need to generate a registration report and perform some activities to deploy the instance and send out the credentials. All this takes time and we have to do it several hours before the webinar. So we highly recommend not leaving the registration up to the last minute of the webinar start. Everyone who registers after 6 AM PT of Day 1 session will not receive the link to the cloud instance and credentials for it and will have to attend a webinar in a view-only format.

Instructor: Artem Onoprienko

In this current role as Senior Business Analyst, Artem Onoprienko works in the development team. He actively communicates with product owners and clients to clarify business and functional requirements, analyses business requirements and prepares functional design specifications. He runs training and webinars periodically and helps solve complex cases on the L3 level.

Before joining Acumatica Artem, he was a system/business analyst in the Netcracker’s delivery team, where he focused on delivering automation software for Telecommunication operators like Optus Australia, Vivo Brazil, Claro Dominican, and Claro Ecuador.

Prerequisites­

For this webinar, attendees are expected to complete the P100 Project Implementation and Processing and P120 Project Accounting Basic Scenarios courses and be familiar with the basic business processes that can be performed in General Ledger, Inventory Management, Order Management, Accounts Receivable, and Accounts Payable modules.

Advance Preparations

None.  Attendees will be provided with a cloud instance and tenant for training purposes.

Training Materials

Please download the following training materials that you will need for the training:

• Training guide: P200 Project Accounting Extended Scenarios 2022 R2.pdf
• Files for training: P200 Files for Training

Continuing Professional Education

• Program knowledge level: Intermediate
• Delivery method: Group Internet based program*
• NASBA field of study: Computer Software & Applications
• Maximum number of CPE credits that may be earned by the participant: 4

Due to this program being offered free of charge, there will be no refunds issued. If you have any questions, please feel free to contact us at training@acumatica.com.

* We offer CPE credits for this course if you attend the course in the format of online instructor-led RingCentral session. During the session, we measure your attentiveness by using polling questions at random times. We provide the certificate if you have answered polling questions during the session. To get the certificate with the confirmed CPE credits, please send a request to training@acumatica.com after the session is complete.

National Registry Statement

Acumatica is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org.