Sales and Purchases (CPE)

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

Audience: This course is intended for implementation consultants of the inventory and order management functionality of Acumatica ERP.

Acumatica ERP Experience Required: at least 3-6 months

Who Should Attend (relationship to Acumatica):

• Partners who implement Acumatica ERP Inventory and Order Management functionality to customers
• Acumatica end users (customers) who want to learn Acumatica ERP

Acumatica ERP version: 2023 R1

Training Description: This webinar provides a set of lessons that illustrate sales and purchasing processes in a midsize company.

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

• Day 1: Sales. In this session, you will learn how to create a sales order with stock items, create the shipment for the sales order, confirm the shipment, create the invoice for the sales order, and process the sales invoice and the related inventory and accounts receivable documents. You will also create a sales invoice for a direct sale, add to the sales invoice a sale line not linked to a previously prepared sales order and a line with a link to a previously prepared sales order, and process the direct sale to completion. Moreover, you will learn how to create a sales order with items allocated in different warehouses, prepare a transfer order for a sales order, process a transfer order to completion to transfer the included items and process a sales order after the items have been transferred to the destination warehouse.
• Day 2: Sales with Drop Shipment. Direct Returns. This session is about how to configure the processing of drop shipments in Acumatica ERP, mark items for drop shipment in a sales order, create a drop-ship purchase order for a sales order and process the drop shipment to completion, mass-process drop shipments, process the sales order and related purchase documents, inventory documents, and accounts payable documents, and how to find the information about documents related to drop shipment. You will also learn how to create a credit memo (an invoice of the Credit Memo type) for a direct return, add to the credit memo a return line with a link to an original sales document and a replacement line, process the direct return to completion.
• Day 3: Customer Returns. Purchases of Stock Items and for Sale. The session will tell you how to create a return order that is linked to the sales order in which the returned items were sold, create an incoming shipment (receipt) of the returned item or items, and confirm the shipment, create a credit memo for the original sales order, and process the credit memo and the related inventory and AR documents. Moreover you will learn how to create a return order that is linked to the invoice that was used to record the sale of the returned items, create a shipment of the replacement items to the customer, and update inventory to reflect the replacement of the returned items. You will learn how to create a purchase order with stock items, prepare a purchase receipt for an existing purchase order, release a purchase receipt, enter the accounts payable bill for the receipt, and also process the purchase order and the related inventory documents and accounts payable documents. In addition, you will become familiar with the processing of purchases for sale in Acumatica ERP, create a sales order, and mark the items to be purchased for the sale, create a purchase order linked to a sales order, mass-create purchase orders, process the sales order and related purchase documents, inventory documents, and accounts payable documents, and also find information about documents related to a purchase for sale.
• Day 4: Purchases and Purchase Returns. This session is about how to create a purchase order with stock items, prepare an accounts payable bill for the purchase order, and prepare and release a purchase receipt and the related inventory documents. You will learn how to change the default prepayment amount for a vendor, create a prepayment request for a purchase order and a prepayment from a prepayment request, apply a prepayment to an accounts payable bill created for a purchase order, process a single prepayment for multiple purchase orders, and process multiple prepayments for a purchase order. Moreover, you will learn how to create a purchase return document, specify the items to be returned and define at which cost the items will be issued from inventory, and process the purchase return and the related inventory and accounts payable documents.

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

• Tue, June 20, 2023 10:00 AM - 11:00 AM PT
• Wed, June 21, 2023 10:00 AM - 11:00 AM PT
• Thu, June 22, 2023 10:00 AM - 11:00 AM PT
• Fri, June 23, 2023 10:00 AM - 11:00 AM PT

Registration URL: https://webinar.ringcentral.com/webinar/register/8116854345640/WN_q5Usk-ByRP6JQeFIPVy98g

*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: Hannah Barnes

In her current role as Senior Applications Support Specialist, Hannah Barnes assists in managing the Distribution Product Support Team, which includes supporting the Distribution and Inventory, Manufacturing, Carriers, and Commerce modules. 

Prior to joining Acumatica, Hannah was a Software Support Relationship Manager for MFCD Software, where she supported county government ERP solutions.

Prerequisites­

For this webinar, attendees are expected to be familiar with the basic sales and purchase processes that can be performed in the system and complete the A150 Getting Started with Acumatica ERP 2023 R1 course.

Advance Preparations

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

Training Materials

Please download the training guide that you will need for the training: Sales and Purchases 2023 R1.pdf

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.