Acumatica ERP Experience Required: 3-6 months
Who Should Attend (relationship to Acumatica):
- Acumatica end users (customers)
- Partners who implement Acumatica ERP Finance functionality to customers.
Acumatica ERP version: 2020 R1
Training Description: This course introduces pricing and discounting functionality available in Acumatica ERP. By completing the course activities, you will learn how to configure various types of sales prices and customer discounts, as well as how to calculate and update sales prices using a sales price worksheet. You will get an understanding of how sales prices are automatically suggested and how customer discounts are automatically applied in sales orders and AR invoices, learn how to update sales prices and customer discounts, and how to analyze GL batches the system creates when posting documents with discounts. The course also walks you through the process of uploading vendor price lists to the system by using a vendor price worksheet.
Training Syllabus: The program is covered over three days as follows:
- Day 1: Customer Prices. In this session, you will learn how sales prices of various types are defined in the system. You will learn how to upload a sales price list to Acumatica ERP using a sales price worksheet. You will also learn how to recalculate existing sales prices based on the manufacturer’s suggested retail price (MSRP).
- Day 2: Customer Discounts. In this session, you will how to configure customer discounts of different types in Acumatica ERP and how the system applies the discounts in AR invoices and sales orders. You will create and release two invoices: one with a manual line discount, and the other with a manual document discount. You will learn how to configure and apply a manual promotional discount. You will learn how to configure line-level customer discounts of different types (discount by percent with the break point by amount and discount by amount with the break point by quantity) and explore how these discounts are applied in AR invoices. You will learn how to configure and apply a promotional discount for particular stock items sold from a specific warehouse and a free item discount, and how the system applies these discounts to a sales order. You will learn how to configure automatic document discounts, and you will explore how they are applied to AR invoices and how to configure an automatic volume discount for a particular stock item, and you will explore how it is applied to a sales order.
- Day 3: Customer Discounts and Vendor Prices. In this session, you will configure discounts of multiple types and learn how the system applies a combination of discounts to an AR invoice. You will configure two automatic document discounts. You will then explore how these discounts are applied to sales orders and learn how the system applies discounts to SO invoices that are prepared based on sales orders with different document discounts. Also, you will learn how to update the discount amount. You will learn how vendor prices are defined in Acumatica ERP and how you can upload a vendor price list by using a vendor price worksheet.
Partner Certification: This class is based on the materials of the F130 Prices and Discounts course, which is currently the optional 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 three times, and attendees are expected to attend all three sessions:
- Wed, May 06, 2020 10:00 AM – 11:00 AM PT
- Thu, May 07, 2020 10:00 AM – 11:00 AM PT
- Fri, May 08, 2020 10:00 AM – 11:00 AM PT
Registration URL: https://webinar.ringcentral.com/webinar/register/WN_SvCX40r6T_a8gZICh0TY4Q
Instructor: Debbie Baldwin
Debbie Baldwin is a Senior Product Manager. In this role, she draws upon over 32 years of industry experience to ensure that Acumatica meets the needs of internal and external stakeholders. She has been working in the software industry for 17 years and has both implemented and managed various software packages. Prior to this, Ms. Baldwin spent 15 years in Manufacturing working as an ERP User and Project Manager. Her other responsibilities varied from Application Support Specialist, Cost Accountant, Industrial Engineer, and Controller.
Prerequisites
For this training, attendees are expected to complete the F100 Financials: Basic course for a better understanding of the processes described in the F130 training.
Advance Preparation
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 use during the training:
- Training guide: F130 Prices and Discounts.pdf
- Files for training: F130 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: 3
For more information regarding administrative policies—such as refunds, cancellations, and complaints—please contact Acumatica at 1-888-228-8300.
* 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 completed three polling questions per session. To get the certificate with confirmed CPE credits, after the session is complete, please send a request to training@acumatica.com.
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.
