Intercompany Transactions (CPE)

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

Registration URL: https://webinar.ringcentral.com/webinar/register/2816929606133/WN_ne4AMcZFTS2HbyQGKF7www

Audience: This webinar is intended for implementation consultants of the finance functionality of Acumatica ERP.

Acumatica ERP Experience Required: at least 3-6 months

Who Should Attend (relationship to Acumatica):

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

Acumatica ERP version: 2023 R1

Training Description: This webinar introduces the types of organizational structures that can be configured in Acumatica ERP, the configuration of interbranch balancing transactions, the processing of interbranch transactions, intercompany sales, and GL consolidations.

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

• Day 1: Configuring Companies and Branches and Processing Documents Involving Several Branches. This session will provide you with information on how to create branches that do not require balancing, process an invoice between non-balancing branches, and review the account balances involved in the transaction.
• Day 2: Processing Documents Involving Several Branches and Processing Intercompany Sales. In this session, you will learn how to process an invoice between branches that requires balancing and how to review the balances of the accounts involved in transactions as well. In addition to that, you will also learn how to add branches and companies as customers and vendors, so that they are able to then sell products between companies.
• Day 3: Processing Intercompany Sales and Configuring and Using Multiple Base Currencies. During this webinar, you will gain a deeper understanding of how to create a company group and include companies within it, as well as how to restrict visibility for customers and vendors within this group that is related to an intercompany purchase and return of stock items.
• Day 4: Configuring and Using Multiple Base Currencies and Performing Additional Configuration. This session's objective is to give you an understanding of how to update the default price of a non-stock item in a base currency, how to create an invoice for that non-stock item for which the default price has been defined, as well as how to create branches within Acumatica ERP that belong to a branch-specific user role, as well as assign those users to these branches.

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

• Mon, Sep 25, 2023 10:00 AM - 11:30 AM PT
• Tue, Sep 26, 2023 10:00 AM - 11:30 AM PT
• Wed, Sep 27, 2023 10:00 AM - 11:30 AM PT
• Thu, Sep 28, 2023 10:00 AM - 11:30 AM PT

*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: Jim Bartow

Jim is a CPA with over 25 years of ERP Business Consulting and Advisory Services to a diverse set of clients in the Services, Distribution, Entertainment, and Manufacturing industries.

His financial expertise ranges across roles in Management Advisory and Strategic Planning consulting, Public Audit and Assurance Services, and as a CFO.  He earned his CPA while working in Price Waterhouse Coopers audit services group. 

Today, Jim is an ERP Implementation Consultant with Acumatica’s Services team focused as the subject matter lead for advanced financials requirements on implementation and consulting engagements.

Prerequisites­

For this training, attendees are expected to complete the F100 Financial Basics course and be familiar with the basic configuration of a company in Acumatica ERP and the basic settings of the general ledger, cash management, accounts receivable, and accounts payable.

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: Intercompany Transactions.pdf
• Training materials: Intercompany Transactions Training Materials.xlsx

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.