• Financials Fundamentals Change Summary
•  About This Course
  •  Course Description
    • Course Objectives
    • Audience
    • Prerequisites
    • Course Credit and Scheduling
    • Virtual Environment Information
  •  Additional Resources
    • QAD Learning Center
    • QAD Document Library
    • QAD Support
•  QAD Financials Concepts
  • Overview
  • Business Model
  • Four Levels of Data
  •  Shared Sets
    • Data Setup Scenario Example
  • Profiles
  •  Business Relation
    • Business Relation Hierarchy
  •  Accounting Layers
    • Accounting Layers and Reporting
  • Daybooks
  •  GL Account Create
    • GL Analytical Coding Segments
    • Supplementary Analysis Fields (SAFs)
  •  Dual Base Currency
    • Definitions
    • Example of Dual Base Currency Use
•  UI Navigation and Browsing
  • Overview
  • Login and Welcome Screens
  • Toolbar
  • Menu Search: Four Options
  • Menu Properties
  • Messaging and Workflow
  • Creating a Workflow
  • Favorites
  • Direct Menu Access: GoTo
  • Direct Menu Access: Context Menu
  • Document Linking
  •  Process Maps
    • Lower-Level Process Maps
  •  Application Integration
    • XML Integration
    • XML Integration
    • Advanced Excel Integration
    • Browse Export to Excel
  • Browse Highlights
  • Browse Features
  • Rearrange Display
  • Browse Features
  • Chart Designer
  • US and EMEA Exercise: UI Navigation
•  Setting Up Financial Foundations
  •  Objectives
    • Overview—Continued
  • Financial Structure Setup
  • Currency-Related Data
  •  Shared Set Codes
    • Shared Set Data Setup
    • Shared Set Types
    • Shared Set Data Setup with Profiles
  •  Profiles
    • Profiles Setup
    • Profile Types
  •  Accounting Layers
    • Accounting Layers—Continued
  •  Daybooks
    • Daybook Process
  •  Daybook Groups
    • Daybook Groups—Continued
    • Daybook Create
    • Operational Daybooks
    • Default Daybook Maintenance
    • Daybook Sets
    • Setting Up AR Daybook Sets
    • Setting Up AP Daybook Sets
  • US Exercise: Daybook Setup
  • EMEA Exercise: Daybook Setup
  •  Domain Creation Process Flow
    • Domain Create
  •  Link Domain to Shared Sets
    • Domain-Level Data
  •  Entity Setup
    • Address-Related Data
    • Business Relations Setup
    • Business Relation Create
    • Business Relation Features
    • Entity Create
  •  Security Setup
    • Roles
    • Users
    • User Access
    • Link All Together
  •  Tax Setup: Global Tax Management
    • Tax Attributes
  • Credit Terms Data Setup
  •  Invoice Status Codes
    • Invoice Status Code Attributes
  •  US and EMEA Exercise: Domain Setup
    • Domain and Entity Creation
    • Security Setup
    • Complete the Domain Setup
    • Other Domain Foundations Setup
•  Banking Setup
  • Banking Setup Overview
  • Setting Up a Bank Account
  •  Bank Payment Formats
    • Bank Format Setup Flow
    • Payment Format Maintenance
•  Customer Setup
  • Customer Setup Overview
  •  Customer Setup Flow
    • Customer Setup Details
    • Customer Data Setup
    • Customer Type
    • Customer Credit Rating Code
    • Mandatory Customer Setup Components
    • Customer Address Setup
    • Business Relation Addresses
    • Customer Create
    • Customer Ship-To Scenarios
    • Creating Ship-To Create
  •  Defining End Users
    • End User Creation Scenarios
    • End User Create
    • Modifying a Shared End User Address
    • Reassigning a Shared End User Address
  • Managing Customer Credit
  • US Exercise: Payment Status
  • EMEA Exercise: Payment Status
  • US Exercise: Customer Setup
  • EMEA Exercise: Customer Setup
•  Sales Process
  • Overview
  • Functional Overview
  • SO Process Flow
  •  Setup Prerequisites: Customer
    • Business Relation Attributes
    • Customer Attributes
    • Setup Prerequisites: Other
  •  Invoicing: Sources of Customer Invoices
    • Sources of Customer Invoices
    • Customer Invoicing Process
  • Key Invoicing Points
  • US Exercise: Sales Process
  • EMEA Exercise: Sales Process
•  AR Process
  • AR Process Overview
  • Sales Flow Variants
  • US Exercise: Sales Flow Variant—Customer Invoice/ Correction Invoice
  • US Exercise: Sales Flow Variant—Service Fees/Trailer Charges
  • EMEA Exercise: Sales Flow Variant—Customer Invoice/ Correction Invoice
  • EMEA Exercise: Sales Flow Variant—Service Fees/Trailer Charges
  •  Customer Invoice Record
    • General Tab
    • Address Tab—Key Fields
    • Financial Info Tab—Key Fields
    • Operational Tab—Key Fields
    • CI Posting Tab
    • Modifiable Customer Invoice Data
  • US Exercise: Sales Flow Variant—Credit Note
  • EMEA Exercise: Sales Flow Variant—Credit Note
  •  AR Management Overview
    • Overview
    • Credit Management Key Points
  •  Views and Reports
    • Customer Activity Dashboard
    • Customer Aging Analysis Current Report
    • Customer Statement of Account Report
    • Reminder Letter Report
  •  AR Payments
    • Customer Payment Instruments
    • Customer Payment Status Codes
    • Customer Payment Status Flow
    • Customer Payment Status Create
  •  Customer Payment Create
    • Customer Payment—Allocate
    • Check Payment (Short Flow)
    • Check Payment (Multiple PIP)
    • Supplier-Initiated Drafts
    • Direct Debit
    • Other Payment Instruments
  •  Finance Charge Key Features
    • Finance Charge Setup
  • US Exercise: AR Payment
  • EMEA Exercise: AR Payment
•  Deductions
  • Overview
  • Business Requirement
  • Deduction Types
  • Business Process
  •  Deduction Setup
    • Creating Deduction Categories
    • Creating Profiles
    • Specifying a Customer Deduction Profile
    • Associating a Profile with a Bank Account
    • Creating a Deduction Daybook
  •  Exercise: Setting Up Deductions (US and EMEA)
    • Setting Deduction Credit Terms
    • Specifying a Deduction Profile for Customers
    • Creating Deduction Categories
  •  Creating Deductions
    • Customer Payment Create
    • Deduction Details
    • Deduction Transactions
    • Banking Entry Create and Petty Cash Create
    • Pending Deductions
  •  Exercise: Recording Deductions (US)
    • Creating Invoices
    • Recording Payment and Deductions
  •  Exercise: Recording Deductions (EMEA)
    • Creating Invoices
    • Recording Payment and Deductions
    • Auto Write-Off Deductions
  • Exercise: Auto Write-Off (US)
  • Exercise: Auto Write-Off (EMEA)
  •  Reviewing Deductions
    • Deduction Review
    • Deduction Status Transitions
    • Deduction Details, Right-Click Menu
    • Deduction Review, Deduction Details
    • Approving Deductions for Write-Off
    • Approving Deductions for Credit
    • Rejecting Deductions
  •  Exercises: Deduction Review (US)
    • Reviewing Deductions
    • Adjusting a Credit Note against a Deduction
  •  Exercises: Deduction Review (EMEA)
    • Reviewing Deductions
    • Adjusting a Credit Note against a Deduction
  • Deduction Information in Reports
  • Customer Activity Dashboard
•  Reporting Overview
  • Overview
  • QAD Financials Reports
  • QAD Reporting Framework (QRF)
  • QRF History
  •  Reports Converted to QRF
    • QRF Reports - Selection Criteria
    • QRF Reports - Viewer
  •  Customizing QRF Reports
    • QRF Report Settings
    • QRF Report Filters
    • User-Defined Fields for QRF Reports
  • US and EMEA Exercise: QRF Customization
  •  Crystal Reports
    • Crystal Reports Selection Screen
    • Crystal Reports Output
  •  Customizing Crystal Reports
    • Usage Customization—Crystal Reports
    • Crystal Report Variants
    • Crystal Report Variants—Continued
  •  Introduction to Financial Report Writer
    • Benefits
    • Main Features
    • Financial Report Writer Components
•  Supplier Setup
  • Overview
  • Supplier Setup Flow
  •  Supplier Setup Details
    • Mandatory Data for Supplier Setup
    • Supplier Type
    • Supplier Setup
  • US and EMEA Exercise: Invoice Status
•  Purchasing Process
  • Overview
  • Requisition to Shipment Flow
  •  Supplier Invoice Flow
    • Receiver Matching vs Financial Matching
    • Supplier Invoice Flows with Invoice Status
  • US Exercise: Purchasing Process
  • EMEA Exercise: Purchasing Process
•  AP Process
  • Overview
  • Supplier Invoice Basic Processing Flow
  •  Supplier Invoice Scenarios
    • Initial Supplier Invoices
    • Supplier Invoice Template
    • Supplier Corrections and Credit Notes
    • Supplier Invoice Reverse, Replace
    • Update Taxes in Receiver Matching
  •  Allocation Flow
    • Allocation and Approval: Alternative Flows
  • US Exercise: Purchasing—Alternative Flows
  • EMEA Exercise: Purchasing—Alternative Flows
  •  AP Payment Process
    • AP Payments
    • AP Payment Flow
    • Supplier Payment Groups
    • Checks
    • AP Check Payment (with PIP)
    • AP Check Payment (no PIP)
    • Electronic Transfer
    • AP Electronic Transfer
    • Other Payment Instruments
    • Supplier Payment
    • Prepayment using Banking Entry
  •  US Exercise: AP Payment—Prepayment
    • AP Payment Selection
  •  EMEA Exercise: AP Payment—Prepayment
    • AP Payment—Electronic
  •  AP Reporting
    • Supplier Activity Dashboard
    • Supplier Open Item Extended Report
    • Supplier Aging Analysis Current
•  Banking Entries
  • Overview
  • Banking Flow
  •  Bank Statement Allocation
    • Bank Statement Allocation Prerequisites
    • Bank Statement Allocation Menu Flow
    • Bank Statement Allocation Variants
  • Bank Statement Updates and Deletion
  • Banking Entries and Foreign Currency
  • Bank Statement Related Reports
  • US Exercise: Banking Entry
  • EMEA Exercise: Banking Entry
•  Netting and Open Items
  • Overview
  • Open Item Definitions
  •  Reports
    • Supplier Open Item Extended Report
  •  Netting and Open Item Adjustment
    • Netting and Open Item Adjustment—Continued
    • Customer/Supplier Netting
    • Open Item Adjustment Modify
  • US Exercise: Netting and Open Item Adjustments
  • EMEA Exercise: Netting and Open Item Adjustments
•  GL Open Item Reconciliation
  • Objectives
  • Overview
  • Allocation Key
  • Process Flow
  • GL Open Item Reconciliation
  • Example
  • GL Open Item Initialization
  •  Reports and Views
    • GL Open Item View
  •  US and EMEA Exercise: GL Open Item Reconciliation
    • Exercise 1: Create Journal Entries for GL Open Item Account
    • Exercise 2: Reconcile Unallocated Transactions on a GL Open Item Account
    • Exercise 3: Delete a Transient Posting
    • Exercise 4: Reconcile Allocated Transactions on a GL Open Item Account
    • Exercise 5: Initialize a GL Open Item Account
•  General Ledger Setup
  • Overview
  •  General Ledger Setup Flow
    • GL Account Structure
    • GL Account Features
  • Types of GL Accounts
  • System Accounts
  • GL Account Create
  •  Validating Transactions COA Mask
    • Sub-Account COA Mask
    • Cost Center COA Mask
    • Project COA Mask
  • Sub-Account Features
  • Cost Center Features
  • Project Features
  •  Supplementary Analysis Fields (SAFs)
    • SAF Setup
    • SAF Example
  • GL Calendar and GL Periods Setup
  • Operational Accounting Defaults
  • US Exercise: Create GL Accounts
  • EMEA Exercise: Create GL Accounts
•  GL Period Closing Process
  • Closing Functionality Overview
  •  Period Status and Period Marks
    • Period Marks
  • Application Areas
  •  Period Closing Process Flow
    • Consistency Checks
    • Consistency Checks Execute
    • Consistency Check Results
    • Period Lock
    • Lock by Application Areas—Example
    • Period Report
    • Period Report—Gateways
    • Conditions for Period Status Change
  • GL Calendar Year Closing
  • Manual Postings to Tax Accounts
  • Basic Rule
  • Business Case for Accrual and Payment of Taxes
  •  Possible Approaches
    • Additional Offset Accounts
  •  Dummy Tax Code
    • Best Practice: Dummy Tax Code
  •  Set Up Tax Parameters
    • Tax Parameters
  • Report on Tax Account Balances
  • Clear Out Tax Account Balances
•  Transaction Posting Basics
  • Overview
  • Transactions Posting Flow
  •  Journal Entry Posting
    • Journal Entry Posting Features
    • Journal Entry Create
  •  Posting Transactions from Operational Modules
    • Setup Prerequisites
    • Process Flow
•  Work Order Posting
  •  Overview
    • Work Order for Assembly
  • Setup
  •  Business Case Scenario
    • Detailed Scenario
    • Journal Entry View
    • SAF Code Transaction Detail
    • Related Views
•  Foreign Currency Revaluation
  • Overview
  •  Currency Revaluation Concepts
    • Currency Conversion
    • Currency Exchange Rates
    • Exchange Rate Types
    • Posting Accounts
  •  Currency Revaluation Setup
    • GL Account Create, Revaluation Settings
    • GL Account Create, Revaluation Method
    • Revaluation Method and Rate
  •  Revaluation Results Analysis Structure
    • Daybooks
    • GL Periods
    • Currency Revaluation Activities
    • Revaluation Simulate
    • Revaluation Post
  • US Exercise: Revaluation
  • EMEA Exercise: Revaluation
•  Mirror Accounting
  • Overview
  • Business Requirement
  • Scope
  • Mirror Accounting Across Versions
  • Mirror Accounting Flow
  •  Mirror Accounting Setup Flow
    • Mirror Accounting Setup
    • Requirements for Execution
  •  Transactions Example
    • Transaction Example—Split
  • Exercise: Mirror Accounting (EMEA Only)
•  General Ledger Transactions
  • Objective
  • General Ledger Transactions
  • GL Transactions Processing Activities
  • General Ledger Transactions Flow
  •  Journal Entry
    • Journal Entry Posting Process
    • Journal Entry Creation
    • JE Posting: Progressive Disclosure
    • Progressive Disclosure—Continued
  • US Exercise: Journal Entry Basics
  • EMEA Exercise: Journal Entry Basics
  •  Journal Entry Templates
    • Journal Entry Templates—Continued
    • Journal Entry Template Flow
    • Create Template
  • US Exercise: JE Templates
  • EMEA Exercise: JE Templates
  •  Reversing Entries
    • Reversing Entries—Continued
    • Reversing Entries Process
    • Correction JE Reversal
    • Journal Entry Reverse
    • Reversing Entry Creation Flow
    • Automatic Reversal of Journal Entries
    • Reversing Journal Create
  •  US Exercise: Reversing Entries
    • Automatic Journal Entry Reversal
  •  EMEA Exercise: Reversing Entries
    • Automatic Journal Entry Reversal
  •  Recurring Entries
    • Recurring Entries Process
    • Recurring Entry
    • Recurring Entry Create/Post
  • US Exercise: Recurring Entries
  • EMEA Exercise: Recurring Entries
  •  Intercompany and Cross-Company Postings
    • Cross-Company vs Intercompany
    • Intercompany Transactions Process
    • Cross-Company Transactions Process
    • Cross-Company Transactions Overview
    • Concepts
    • Intercompany Accounts
    • Cross-Company Transaction Types
    • Cross-Company Transaction Setup
    • Setup Requirements
    • Cross-Company Transaction Example
  • US Exercise: Cross-Company Posting
  • EMEA Exercise: Cross-Company Posting
  •  Mass Layer Transfer
    • Layer Transfer Process
    • Mass Layer Transfer
    • Mass Layer Transfer Execute
  •  General Ledger Transaction Reporting
    • General Ledger Reporting Features
    • GL Transactions Reports
    • GL Transaction Report—Example
    • GL Transactions by Account/Sub-Account Reports—Examples
  •  GL Transactions Views
    • GL Transactions View Extended
    • Trial Balance View
  • Review
  • US Exercise: Complete Financial Business Flow
  • EMEA Exercise: Complete Financial Business Flow