F230 Subaccounts, Budgets, and Allocations (CPE)

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

Registration URL: https://webinar.ringcentral.com/webinar/register/4217244257330/WN_rt3tftPGTqSKbktOc9VTgA

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

Acumatica ERP Experience Required: 3-6 months

Who Should Attend (relationship to Acumatica):

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

Acumatica ERP version: 2024 R1

Training Description: This webinar introduces 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 the ways 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 three days as follows:

• Day 1: Subaccounts. In this session, you will learn how to enable the Subaccounts feature, modify the predefined SUBACCOUNT segmented key, specify values for subaccount segments, process GL transactions with subaccounts specified, and split a transaction that has been posted to the wrong subaccount into multiple correcting transactions. You will also learn how to specify combined subaccount masks for different types of documents, how to process an AP bill with different subaccounts in detail lines, and how to create a ledger of the Budget type.
• Day 2: Budgets. In the second session, you will learn how to create simple budgets in Acumatica ERP, create a budget based on a budget that has been uploaded, release the modified budget, and compare the original and modified budgets. You will learn about budget trees and their elements, and you will configure one in the system. You will configure access to budget nodes based on user roles, learn how to modify a hierarchical budget by adding an article to a budget node, learn to configure a new ARM report by copying an existing one, and generate the report and analyze the budget versus actual data.
• Day 3: Allocations. In this session, you will discover the process of modifying an existing budget, practice creating an allocation rule that uses a user-defined coefficient for distributing amounts among accounts and subaccounts, and practice creating an allocation rule that uses a percentage for the distribution of amounts among accounts and subaccounts. You will also practice creating an allocation rule that uses a dynamic ratio for distributing amounts among accounts and subaccounts, practice creating an allocation rule that distributes amounts among accounts and subaccounts based on budget data, and will learn how to run allocations based on allocation rules created in the system. You will also review and release a generated allocation batch.

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

• Tue, September 24, 2024 10:00 AM - 11:30 AM PT
• Wed, September 25, 2024 10:00 AM - 11:30 AM PT
• Thu, September 26, 2024 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.

Partner Certification: This webinar is based on the materials of the F230 Subaccounts, Budgets, and Allocations 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.

Instructor: Varthini Bhaskaran

Varthini Bhaskaran supports our ISV partners in creating and maintaining solutions in addition to providing valuable insights to the engineering teams in product improvement. Varthini has awareness of various domains through the partners she works with and the most coveted features by the end user. Working with Acumatica for the past year, she has created various customizations to assist our partners in implementing their use-case with speed and efficiency. Additionally, validating users for the certifications of ISV solutions she is knowledgeable in the platform provided by Acumatica and the best practices in using them.

Varthini has been a software analyst for Version Data services for 4 years, where she played a dual role as a scrum master and as a full stack developer creating single-page applications using the MEAN stack, in the telecommunications domain. She also has hands-on experience on the cloud and continuous Integration and continuous development pipelines working on modernization projects.

In addition, Varthini has been the president of the Project management club during her MBA in Concordia University and has hosted events to encourage the use of Project Management in all walks of business.

Prerequisites­

For this webinar, attendees are expected to complete the F100 Financial Basics course and 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.

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_Subsccounts_Budgets_Allocations_2024R1.pdf
• Training materials: F230_Files for training.zip

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: 3

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.