Accounting & Finance 101 Online Syllabus
Monday, February 1 - Friday, February 19, 2021
Times vary daily
Online
Special Guest
Vicky Schmidt
Business Consultant MarkSystems
Vicky Schmidt has been with ECI Solutions leading instruction for MarkSystems University for over 5 years. Her focus is to help builders fully understand how to leverage the full capabilities of MarkSystems to improve their business management processes.
Vicky Schmidt has been with ECI Solutions leading instruction for MarkSystems University for over 5 years. Her focus is to help builders fully understand how to leverage the full capabilities of MarkSystems to improve their business management processes.
*Register Early to get 10% Early Bird DIscount
(expires 14 Days Before Course)
Course Overview
This three-week course is designed for both new and current MarkSystems users who are interested in furthering their knowledge of Accounting & Finance. The course will provide detail regarding management, utilization and best practices. It will allow for in depth discussions and hands on MarkSystems exercises with a MarkSystems’ Expert.
Classes with be held on Tuesdays and Thursdays for 3 weeks. An optional orientation will be held on the Monday before classes start.
Upon successful completion of this course, students will be able to:
- Create and maintain G/L accounts and reporting
- Create and maintain Accounts Payable and reporting
- Preform 4 Step House Closing and Settlement process
- Run G/L End of Month and make use of recommended best practices for this process
- Create and maintain custom Financial reporting
Prerequisites - MarkSystems login and password already set up
Course Schedule
Registration and Prerequisite Reading Materials
- Each Registered Attendee will be registered for the first session of independent learning as early as Friday before the First-Class Week. Confirmation will be sent.
- Learn at you own pace. Prerequisite reading materials will be distributed a week or two before the class and are designed to get you started, Documents will be used for future reference.
- Each Registered Attendee will be registered for each subsequent independent learning section at the completion of the previous live session. Confirmation will be sent once access is granted.
- All materials will be provided digitally, and the standard certificate of completion will be provided.
Week One - Monday - Live Session 1 - 2 PM EST (Optional)
Live Session to review any complications on logging into to the MarkSystems University training environment and the LMS
GoToMeeting invite will be sent directly to each registered attendee.
Week One - Tuesday - Independent Learning
Independent Remote LMS Work Week 1 Session 1:
- System Login Basics
- Class Welcome and Introduction PowerPoint
- The Big 3 concepts
- Data Flow in MarkSystems
- System Configuration
Please allocate roughly 4.5 hours to complete this remote work PRIOR to the Live Session below.
Week One - Tuesday - Live Session at 3 - 5 PM ET
Live Session Week 1 Session 1:
- Introduction Review
GoToMeeting invite will be sent directly to each registered attendee.
Week One - Thursday - Independent Learning
Independent Remote LMS Work Week 1 Session 2:
- General Ledger
- General Ledger Building Blocks
- General Ledger Basics
- Journal Entries and Importing
- General Ledger Reports
Please allocate roughly 3.5 hours to complete this remote work PRIOR to the Live Session below.
Week One - Thursday - Live Session at 3 - 5 PM ET
Live Session Week 1 Session 2:
General Ledger Review
GoToMeeting invite will be sent directly to each registered attendee.
Week Two - Tuesday - Independent Learning
Independent Remote LMS Work Week 2 Session 1:
- Accounts Payable
- Vendor Setup and Terms Codes
- Invoicing
- Manual Invoices
- Web Approval Invoices
- Invoice Import
- Adjusting/Reversing an Invoice
- Checks
- Hand Checks (Manual Check Entry)
- Check Processing (Batch Checks)
- Reversing a Check
- Bank Setup
- Bank Structure and EFT Usage
- Accounts Payable Reports
- 1099 Processing
Please allocate roughly 5.5 hours to complete this remote work PRIOR to the Live Session below.
Week Two - Tuesday - Live Session at 3 - 5 PM ET
Live Session Week 2 Session 1:
- Accounts Payable Review
GoToMeeting invite will be sent directly to each registered attendee.
Week Two - Thursday - Independent Learning
Independent Remote LMS Work Week 2 Session 2:
- Cash Receipts
- 5 Types of Deposits
- Deposit Status Reports
- Construction Loans
- Setup and Usage of Construction Loans
- Construction Loan Reports
Live Session Week 2 Session 2:
- Cash Receipts Review
- Construction Loans Review
Please allocate roughly 3 hours to complete this remote work PRIOR to the Live Session below.
Week Two - Thursday - Live Session at 3 - 5 PM ET
Live Session Week 2 Session 2:
- Cash Receipts Review
- Construction Loans Review
Week Three - Tuesday - Independent Learning
Independent Remote LMS Work Week 3 Session 1:
- Bank Reconciliation
- Bank Reconciliation Process
- 4 Step House Closing Process
- Closing a house in MarkSystems
- House Scrub Report best practices
- End of Month Best Practices
- End of Day Report
- End of Month Closing
- Posting Data Controls
Week Three - Tuesday - Live Session at 3 - 5 PM ET
Live Session Week 3 Session 1:
- Bank Reconciliation Review
- 4 Step House Closing Process Review
- End of Month Best Practices Review
Week Three - Thursday - Independent Learning
Independent Remote LMS Work Week 3 Session 2:
- Financial Statement Report Writer
- Create Custom Financial Statement Reports
- Final Exam
- MarkSystems Accounting 101 Final Exam
- Bonus Content (Optional)
Please allocate roughly 3.5 hours to complete this remote work PRIOR to the Live Session below.
Week Three - Thursday - Live Session at 3 - 5 PM ET
Live Session Week 3 Session 2:
- Financial Statement Report Writer Review
- Final Exam Review
- Class Wrap-up
Course Agenda
Click here to view the Detailed Course Agenda, including session times.
Questions?
Contact us at msu_info@ecisolutions.com
