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  •     QAD Glossary

  • About This Course
    Course Description
    This class is designed to teach the basic features and functions of QAD Enterprise Financials and the business requirements to consider when implementing those. The topics include key concepts, setup, process flows, navigating, and reporting.
    The scope of the class is limited to Accounts Payable, Accounts Receivable, and General Ledger. For further topics, see Training Guide: QAD Advanced Financials.
    Topics will be presented and then practiced with hands-on exercises. On the last day, students will have the opportunity to test their understanding and knowledge by working on an extended exercise covering most of the topics discussed during the class.
    Course Objectives
    By the end of this class, students will:
    Have a thorough understanding of the concepts underlying QAD Enterprise Financials
    Understand how QAD Enterprise Financials interacts with the operational modules
    Be able to navigate, query, and report in QAD Enterprise Financials
    Be able to complete the basic business processes of the Accounts Receivable, Accounts Payable, and General Ledger modules
    Understand the best practices for setting up and using QAD Enterprise Financials
    Audience
    This class is intended for accountants, controllers, financial managers, and accounting clerks, as well as QAD R&D and Services and Support personnel. The Financials Fundamentals course is the first step on the Enterprise Financials learning path.
    The Advanced Financials course follows on from the Financials Fundamentals course, and introduces advanced topics such as budgeting, allocations, and consolidation.
    Prerequisites
    In order to obtain maximum benefit from this class, an understanding of financial principles is required.
    Course Credit and Scheduling
    This course provides 30 credit units. It is designed to be taught in 5 days.
    Virtual Environment Information
    The hands-on exercises in this book should be used with the latest Enterprise Edition learning environment.
    EMEA exercises use the 22UK domain and entities and European currencies. The exercises highlight some EMEA-specific accounting practices such as electronic transfer payments and mirror accounting.
    US exercises use the 10USA domain and entities and the US dollar as currency. The exercises highlight some US-specific accounting practices such as in AP payments.
    When prompted to log in, specify demo for user ID and qad for password.
    In general, students are more comfortable with static data they are familiar with such as currencies and addresses. However, it is up to the instructor to decide which exercise set to use, depending on the audience. Classes held in the Asia-Pacific region can use either exercise set.