accounting in orchestrated an introduction presented by: glen thonis solutions expert november 9 th,...
TRANSCRIPT
Accounting in OrchestratedAn introduction
Presented by:Glen ThonisSolutions Expert
November 9th, 2015
Summary:A high level look at the accounting side of Orchestrated. We will take a look at the essential windows and functionality that are used in accounting
Who Should Attend:Accountants and CPAs who are new to OBeer, book-keeping staff, accounts payable and accounts receivable staff
Logistics:Presentation follows a power point and product demo
SUMMARY
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1. Chart of Accounts
2. Journal Entries
3. G/L Determinations
4. Posting Periods
5. Q & A
AGENDA
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COA
Chart of Accounts
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COA
COA
• The framework of finance &
accounting in Orchestrated
• Comprised of seven main “drawers”
• Set up from a template
• Can be customized
• Segmented accounts – divisions or
branches of a company
• “Title” and “Active” accounts
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COA
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COA
Demo
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Journal Entries
Journal Entries
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Journal Entries
Journal Entries
• Automatically created by most
documents
• Drill down (golden arrow) to see
journal entries
• Can be reversed, not deleted
• Can be recurring or based on a
template
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Journal Entry
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Journal Entries
Journal Voucher
• A “draft” journal entry
• Can be more than one journal entry
in a single voucher
• Can see a history of vouchers
• Useful for large, detailed journal
entries
• Used by Orchestra to bring in
Opening G/L balances
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Journal Entry
Demo
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G/L
G/L Determinations
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G/L
G/L Determinations
• Definition: The “mapping” for what
GL Accounts are used in a given
transactional scenario
• Preconfigured but can be customized
• Not all GL determinations are used
• For items, GL typically set by Item
Group
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G/L
Various GL Determinations
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G/L
Demo
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Posting Periods
Posting Periods
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Posting Periods
Posting Periods
• Controls what posting dates can be
used in a transaction
• Default is calendar fiscal year – can
be adjusted prior to go live
• Locking helps prevent issues when
closing fiscal year
• Found under Administration >
System Initialization > Posting
Periods
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Posting Periods
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Posting Periods
Demo
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Q & A
Questions?
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http://
forums.orchestratedbeer.com
Thank You!