Training
FUNDAMENTALS of Verticent
Fundamentals of Verticent is specially designed for the project team. Employing a hands-on interactive method, this course enables your project team to gain an understanding of the module integration and flow of information throughout the system. Participants will process basic transactions following a logical business flow. An item will be quoted, sold, manufactured and shipped. All related activities such as purchasing, receiving, material issues, labor reporting, vendor invoice processing and payment, sales invoice generation, and cash receipts will also be processed. This overview provides the foundation for making basic setup decisions, planning the implementation and determining further education requirements.
Prerequisites:
An understanding of Windows and Verticent system navigation
BOMs & ROUTINGS
BOMs and Routings addresses how to add item master records, bills of materials, and routings. The interrelationship between the item master fields and the rest of the system as well as the effect of changes made to the item master is discussed. Participants will learn how to add and maintain various types of bills of materials and routings. Typical engineering functions such as creating single level, multilevel, and phantom bills of materials is covered in this course. How to set up routings with work centers, production hours and move time is also included in the course content. This course is a prerequisite for the Production course.
Prerequisites
An understanding of Windows and Verticent system navigation
PURCHASING
Purchasing is a hands-on interactive course in which attendees will purchase items to inventory, sales orders, jobs, subcontract operations, as well as to other purchasing categories. Participants will examine the purchasing queue and how the queue derives its demand. The course will also cover purchasing order revisions, receipts, inspection and returns. Attendees will become familiar with the various reports, which will assist them in managing and monitoring the purchasing functions.
Prerequisite
An understanding of Windows and Verticent system navigation
PRODUCTION
Production is designed to take the user from the basic understanding of how various company setups and parameters affect jobs to how to create jobs, which are required to support sales orders or inventory. Participants will learn what components are used in release date calculation, what impact the timing of job releases has on material availability and scheduling, how to enter daily labor, how to issue material, how to monitor and manage WIP, as well as the importance of completing and closing jobs. This course is a prerequisite for both MRP and Scheduling.
Prerequisites
BOMs and Routings
Inventory recommended, but not required
An understanding of Windows and Verticent system navigation
INVENTORY
Inventory addresses how to add and maintain item master records. The interrelationship between the item master fields and the rest of the system as well as the effect of changes made to the item master will be discussed. Attendees will also learn how to process inventory transactions and how to use the available reports to monitor and manage inventory activity. Cycle counts, physical inventory and the processes followed to reconcile inventory errors are covered in this course. Registrants are also guided through the various shipping and receiving functions. This course is a prerequisite for the Lot Control Course. Although not required, this course is also strongly recommended as a prerequisite for the Production Course, MRP Course, and Purchasing Course.
Prerequisites
An understanding of Windows and Verticent system navigation
SCHEDULING
Scheduling provides all participants with a foundation in basic capacity and scheduling concepts. The various files and parameters in Verticent that affect the scheduling function will be discussed in detail. In this hands-on interactive environment, the interface between Verticent and Microsoft Project will be demonstrated and attendees will be shown how to manipulate the schedule to resolve capacity and scheduling conflicts. The resulting reports that are critical in managing the shop floor will be utilized throughout the course.
Prerequisites
Production and an understanding of Microsoft Project
An understanding of Windows and Verticent system navigation
QUOTES & SALES
Quotes & Sales provides the basic foundation for developing quotes, prices and creating sales orders. Participants will learn various ways to develop bills of material and/or routings that are unique to a quote or sales order. Adding quotes for non-standard items, revising quotes and sales orders, and using activity logs are a few of the functions covered in this course.
Prerequisite
An understanding of Windows and Verticent system navigation
COSTING
Order Costing provides a concentrated approach to the costing transactions generated by Verticent. This course details the differences in the costing transactions for each type of job whether make-to-stock or make-to-order or engineer-to-order. Participants will follow the flow of a job from start to close, review the costing transactions generated for each activity of that job for both standard and average costing, and review the reports available for job analysis by job or sales order. The user will learn the basic steps necessary for performing cost rollups and will review the resulting financial impact.
Prerequisites
Production
An understanding of Windows and Verticent system navigation
GENERAL LEDGER and FINANCIAL ADMINISTRATION
This course provides the knowledge necessary to post, retrieve and analyze the financial data of your business. Participants will gain an understanding of how to structure the chart of accounts, create regular and reversing journal entries, set up automatic account distributions and recurring transactions. Steps for reconciliation and month-end closing procedures are also included. This course provides instructions on how to generate financial statements and review reports, which will assist in monitoring the financial aspects of your business.
Prerequisites
An understanding of Windows and Verticent system navigation
ACCOUNTS RECEIVABLE
Accounts Receivable gives participants a hands-on approach utilizing the full integration that Verticent provides. Each attendee will enter customer invoices generated from the shipping transactions, review credit memos and post cash receipts. Finance charges, status of customers' balances, and reviewing customer statements are included in this course. Participants will also be guided through report analysis, thus emulating their own environment in a realistic manner.
Prerequisites
An understanding of Windows and Verticent system navigation
ACCOUNTS PAYABLE
Accounts Payable gives participants the knowledge necessary to process vendor invoices, and debit memos and checks. Monitoring open items, making adjustments to invoices, voiding checks and reconciling will also be discussed. Combining this hands-on approach with report analysis will provide the user with the information required to analyze and manage the accounts payable functions.
Prerequisites
An understanding of Windows and Verticent navigation