17Jul2025 Infor LX/BPCS Tips & Tricks for TECHNOLOGY: New Features in 8.4.2 Thursday, July 17, 2025 Read more New IDF Inquiries Infor LX has a long history of providing IDF inquiries over most critical business areas, but there are still some areas that lack this capability. The following IDF inquiries are now available in 8.4.2: Customer Quote Customer Quote Line RMA (Return Material Authorization) RMA Line Benefits Ability to sort, subset, filter, and view information in a modern and intuitive way Point and click navigation to related information – 360 views Exceptional personalization and extensibility capabilities Read more
17Jul2025 Infor LX/BPCS Tips & Tricks for OPERATIONS: New IDF Inquiries Thursday, July 17, 2025 Read more New IDF Inquiries Infor LX has a long history of providing IDF inquiries over most critical business areas, but there are still some areas that lack this capability. The following IDF inquiries are now available in 8.4.2: Customer Quote Customer Quote Line RMA (Return Material Authorization) RMA Line Benefits Ability to sort, subset, filter, and view information in a modern and intuitive way Point and click navigation to related information – 360 views Exceptional personalization and extensibility capabilities Read more
6Jan2016 Baan/LN Tip of the Week: ERP Setup - Pros & Cons Wednesday, January 6, 2016 Read more You may have started your setup of your ERP system one way, and have discovered over time that maybe it no longer fits how you need to do business. Over the next few weeks, I’ll be providing some pros/cons to consider for different company setups. Pros/Cons of Single Finance / Single Logistic Company Set-Up Pros Easy to implement and to maintain. No risk of processing data for another company. Data not visible across companies – pro if you do not want users to see other company’s data. Cost Prices can be different for the same item in the different logistics companies. Easy to add or remove companies when companies are bought or sold. Accounting functions are all separate by company. – Pro if each finance company is managed separately. Cons Decentralized operations – purchasing, sales, manufacturing, planning, warehousing, etc. User must go in and out of companies if there is a need to view or create transactions in more than one company. Read more
16Dec2015 Baan/LN Tip of the Week: Financial Year End – Have you done all you need to do? Wednesday, December 16, 2015 Read more Came across an article online from Lauber CFO’s, and thought I would share. Here is a checklist for things to consider in order to finish out the year and help you plan for 2016: Is your accounting records up to date so that you can make a projection of how the current year will turn out? Are all account reconciliations currently up to date to facilitate the closing of the books after year-end? Are there accounts receivable that should be reserved for or written off prior to the end of the year? If your business carries inventory, do you need to plan a physical count as of the end of the year? Has depreciation on your fixed assets been recorded during the year? Have you considered depreciation on current year additions? Have all new asset purchases and bank loans been recorded on your books? Are there any liabilities, for example, pending legal actions or warranty issues, which will need to be recorded prior to the year-end? Do you have a plan in place to properly “cut-off” revenue at year-end to properly match revenue and expense? Will there be bonuses, profit sharing contributions, or discretionary retirement plan contributions paid prior to the end of the year? How will these payments affect cash flow? Will you be in compliance with your bank covenants at year-end? Do you need to make arrangements to receive statements as of the end of the year for the cash value of life insurance, loan balances, etc.? Read more