General Ledger: Activities | MIP® Fund Accounting Training (GL-C-300)

Expand your General Ledger expertise with this MIP® Fund Accounting training on General Ledger activities. Learn to use the online Check Writing and Receipt Writing features, void checks, copy and reverse sessions, and edit system-generated checks effectively. This course also provides detailed procedures for successfully closing the fiscal year to ensure accurate financial reporting.

By the end of this session, you will:

• Record cash receipts and print physical receipts for distribution
• Use the Write Check functionality to print on-demand checks bypassing Accounts Payable
• Void checks efficiently
• Copy and reverse sessions to correct or adjust entries
• Edit system-generated checks and understand when to use this feature appropriately
• Follow the steps to successfully close the fiscal year