Easy to Understand Accounting

Dec 18, 2019  |  Online

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About the Class

This class is equally applicable to those who are new to xTuple or current xTuple users who want to bolster their knowledge of both basic accounting principles and fundamental configuration and operation of core xTuple accounting functionality.


Note — This training meets 2 times. You are expected to attend all sessions.

Course Schedule

Session 1
Session 2

Course Details

  • What is accounting?
  • Why is accounting important?
  • Why is accounting important in ERP?
  • Who is involved in the accounting process in an integrated business?
  • What are the basic account types?
  • What is a debit and a credit?
  • What are the debits and credits throughout the entire order to cash flow process?
  • What is a trial balance and how is it derived?
  • What is the purpose of the different financial statements?
  • Where does activity post and how is it reported?
  • Other concepts such as
    • Costing, Standard, Average and Job Cost
    • Manufacturing Accounting
    • Subledger
  • Specifically for xTuple
    • What is the core setup?
    • How are accounting periods defined?
    • How are general ledger accounts created?
    • What are the ways to post journal entries?
    • What are the basics of general ledger account mappings?
    • How is a payable processed from voucher to check?
    • How is a receivable processed from invoice to cash receipt?
    • How are financial reports generated?

Group-live online



Specialized Knowledge and Applications

Six (6)


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Refund Policy & Cancellations

Requests for refunds for Live Classes must be received in writing at least thirty (30) days prior to scheduled start date of training session. All cancellations will be subject to a $100 cancellation fee. No refunds will be granted within thirty (30) days of scheduled start date. For Online Classes, all sales are final. No refunds will be granted for Group Internet Classes. Participants of canceled classes will be offered course credits which may be applied to future courses and must be redeemed within twelve (12) months of receipt.

Training Options & Earning Credits

Training options vary from free online resources to paid in-classroom or live group events with specialized content designed for and delivered at your business location. Find out which is right for your staff needs.

Every annual Support Contract includes — at no additional cost — an allowance of Training Credits to be used for any regularly scheduled xTuple training offering. For every $200 spent, earn one (1) Training Credit hour. Example: Spend $3600/year earns a free ticket to the 18-hour online ERP Basics class.

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