Skip to content
Simetta
Try a lesson

AR, AP and GL, learned on the screens they’ll close the month in.

Accounts receivable applies cash, manages credit and collections. Accounts payable runs the three-way match, pays vendors and voids checks. General ledger posts accruals, reclasses and depreciation, then closes the month.

Play the Cash Receipts lesson See the manager view

The mistakes this track trains out

  • Discount taken after the terms expired

    Revenue given away, and the customer learns they can

  • Vendor invoice vouchered twice

    The same bill paid two times

  • Price variance approved without a look

    Paying more than the PO said

  • Accrual never reversed

    The expense lands in two months’ books

8 modules, 32 skills

Accounts Receivable 1 · Applying cash

Post checks to the right invoices, and know when a customer has earned their discount.

  1. Post a customer's checkCash Receipts By Customer ID
  2. Record an earned discountCash Receipts By Customer ID
  3. A discount that wasn't earnedCash Receipts By Customer ID
  4. One check, two invoicesCash Receipts By Customer ID

Ends with a module exam: a random draw of these skills, with fresh data.

Accounts Receivable 2 · Credit and billing

Credit holds on and off, and making sure what ships gets billed.

  1. Put a past-due customer on holdCustomer Credit Status Update
  2. Paid up: post it and release the holdCash Receipts By Customer ID
  3. Confirm a shipment so it billsShipping

Ends with a module exam: a random draw of these skills, with fresh data.

Accounts Payable 1 · The three-way match

Voucher vendor invoices against the PO and the receipt, and catch what should not be paid.

  1. Voucher a vendor invoice against its POConvert PO To Voucher
  2. Billed for more than arrivedConvert PO To Voucher
  3. The price went upConvert PO To Voucher
  4. Two invoices, one already paidConvert PO To Voucher

Ends with a module exam: a random draw of these skills, with fresh data.

Accounts Payable 2 · Bills without a PO, and freight

Code non-PO bills to the right accounts and put freight where it belongs.

  1. A bill with no POVoucher Entry By Item
  2. Freight on the invoiceConvert PO To Voucher
  3. A bill with a line nobody can vouch forVoucher Entry By Item
  4. Freight billed after the goodsConvert PO To Voucher

Ends with a module exam: a random draw of these skills, with fresh data.

Accounts Payable 3 · Paying vendors

Run the weekly checks, record a hand-written check, void a lost one, and net vendor credits before they are paid.

  1. The weekly check runScheduled Checks
  2. A check written by handSingle Vendor Checks
  3. The check that never arrivedVoid Checks
  4. A vendor's credit and our chargebackCredit/Debit Memo Entry - AP

Ends with a module exam: a random draw of these skills, with fresh data.

Accounts Receivable 3 · Credits, write-offs and collections

Credit what the customer should not pay for, rebill a wrong price, write off what policy allows, and log the promise when you call about the rest.

  1. Credit damaged goods the customer keptCredit/Debit Memo Entry - AR
  2. Write off a small leftover balanceAR Drill Down By Invoice
  3. Credit and rebill a wrong priceCredit and Rebill
  4. Log a promise to pay, then post the paymentCash Collection Call Maintenance

Ends with a module exam: a random draw of these skills, with fresh data.

General Ledger 1 · Journal entries and month-end

Accrue a bill that has not come in and reverse it, reclass a misposted expense, void a duplicate entry, post depreciation and a prepaid, and close the month.

  1. Accrue a bill that has not come inJournal Entries
  2. Reclass an expense posted to the wrong accountJournal Entries
  3. Void a journal entry posted twiceJournal Entries
  4. Record the month's depreciationJournal Entries
  5. Last entry, then close the monthJournal Entries

Ends with a module exam: a random draw of these skills, with fresh data.

General Ledger 2 · Closing the month

Reconcile the bank: clear checks and deposits from the statement, book bank fees and interest on the worksheet, then review the trial balance and close the period once the bank ties out.

  1. Clear the checks on the bank statementReconcile Disbursements
  2. Clear deposits, and spot the one in transitReconcile Cash Detail
  3. Book the bank fees and interest, balance the worksheetBank Reconciliation Worksheet
  4. Review the trial balance, reconcile, close the monthTrial Balance

Ends with a module exam: a random draw of these skills, with fresh data.

Questions

What does Simetta’s accounting training cover?

8 modules and 32 skills: Applying cash; Credit and billing; The three-way match; Bills without a PO, and freight; Paying vendors; Credits, write-offs and collections; Journal entries and month-end; Closing the month. Each skill is a guided lesson followed by a scored test with different data.

Which ERP screens do trainees use?

Simulated Prophet 21 windows, including Cash Receipts By Customer ID, Customer Credit Status Update, Shipping, Convert PO To Voucher, Voucher Entry By Item, Scheduled Checks and more. Nothing is entered in your live ERP.

How long does it take?

Most skills take five to ten minutes. The accounting track is 32 skills in 8 modules, each module ending in an exam, and managers set due dates per module.

Five minutes on the demo will tell you more than this page can.

Play a real lesson, take the scored test, then see what your manager would see.

Try a lesson Book a call