F230 Subaccounts, Budgets, and Allocations (CPE)

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

Audience: This course is designed for consultants who intend to learn how to use the Subaccounts, Budgets, and Allocations in Acumatica ERP.

Acumatica ERP Experience Required: 3-6 months

Who Should Attend (relationship to Acumatica):

• Partners who plan to learn the configuration of the Subaccounts, Budgets, and Allocations for customers.
• Professionals who want to learn Acumatica ERP.

Acumatica ERP version: 2022 R2

Training Description: This webinar demonstrate the configuration of subaccounts and automatically combined subaccounts in Acumatica ERP and the processing of transactions and documents with subaccounts. Also, it introduces two types of budgets and how they can be prepared in the system. The last part of the webinar, walks you through processing allocations in the system.

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

• Day 1: Subaccounts. During this session, you'll learn how to enable subaccounts, modify the predefined segmented key, specify values for subaccount segments, create a GL batch with subaccounts, release the batch, check a report to see what changed, split up a wrongly posted transaction into multiple correcting transactions, set up subaccount masks for different types of documents.
• Day 2: Subaccounts and Budgets. In this session, you'll learn how to process an AP bill when subaccounts are combined, how to review a report that breaks it down by subaccount. You'll also learn how to create a budget ledger. Create a budget based on an uploaded budget, release the modified budget, compare the original and modified budget, budget tree elements, and how to customize a budget tree.
• Day 3: Budgets. This session teaches you how to configure access rights for multiple users using restriction groups, how to convert a simple budget into a hierarchical one, how to make a hierarchical budget more manageable by adding articles, and how to make a new report definition by copying the Profit and Loss report, and how to update the columns and data sources. You'll also learn how to upload actual data to be compared with budgeted data, run the ARM report and compare budget and actual data, modify the amount of existing budget articles, and add new budget articles.
• Day 4: Allocations. You'll also learn how to setup an allocation rule so amounts are distributed depending on user-defined coefficients (weights), and setup an allocation rule so amounts are distributed accordingly on percentages. Set up an allocation rule that distributes money based on a dynamic ratio of the balances in the accounts to date. This will enable you to set up an allocation rule based on budget data.

Partner Certification: This webinar is based on the materials of the F230 Subaccounts, Budgets, and Allocations 2022 R2, Consultant course, which is part of the Business Consultant 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:

• Mon, April 24, 2023 10:00 AM - 11:00 AM PT
• Tue, April 25, 2023 10:00 AM - 11:00 AM PT
• Wed, April 26, 2023 10:00 AM - 11:00 AM PT
• Thu, April 27, 2023 10:00 AM - 11:00 AM PT

Registration URL: https://webinar.ringcentral.com/webinar/register/1816790477968/WN_gQJo0CGkRZez-_klsdTJtw

*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: Mark Volshteyn

In his current role as Technical Account Manager, Mark Volshteyn manages operational activity of the Technology Partnership Team, including supporting Independent Software Vendors (ISVs) in developing their solutions, certification of ISV Solutions, and delivery of trainings to ISVs. In addition, Mark plays a role of expert in customizing Manufacturing and Order Management modules of Acumatica, taking advantage of his experience gained during over 6 years of acting as a Level 2 Support Engineer in these modules.

Prior to joining Acumatica Mark has been working as a Microsoft Dynamics Nav (aka Microsoft Navision) consultant and Project Manager for 12 years, completing multiple Implementations of Financial and Order Management Modules. 

Prerequisites­

For this training, you should be familiar with the basic business processes that can be performed in the general ledger, as well as the accounts receivable and accounts payable subledgers. To familiarize yourself with the basic configuration and processes that are performed in the finance functional area, we recommend that you take the F100 Financial Basics course.

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: F230 Subaccounts, Budgets, and Allocations 2022 R2.pdf
• Files for training: F230 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.