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Infor LN & Baan Tips & Tricks for FINANCE: Set Up and Calculate Currency Differences

Kathy Barthelt 0 144 Article rating: 5.0

To set up and calculate currency differences for foreign currencies:

  • Use the Company Parameters (tfgld0503m000) session to specify the profit and loss ledger accounts, 12 profit and loss dimensions, and transaction type for a posting exchange rate differences that is calculated using the FIFO method. To specify this data, use the Currency Diff. FIFO tab. The reports printed from the Print Company Parameters (tfgld0404m000) session, include the Currency Differences FIFO fields.
  • Use the Calculate Currency Differences (tfgld5201m000) session to calculate the currency differences resulting from transactions posted on accounts for which the field Currency Analysis in the session Chart of Accounts (tfgld0508m000) is set to Required.

The True Cost of Disconnected Data: From Operations to the Executive Suite

Kathy Barthelt 0 5 Article rating: No rating

Disconnected data—information stored outside your core ERP system—creates inefficiencies and blind spots across every level of your organization. While spreadsheets, email orders, and external reporting tools may serve a purpose, the lack of integration between these systems leads to far-reaching consequences.

Operations Impact

  • Inventory levels and supplier shipments are tracked in spreadsheets, disconnected from your ERP.
  • Dealer portal email orders require manual entry into the system, slowing fulfillment.

Finance Impact

  • Budgeting data lives in isolated spreadsheets, unlinked to ERP sales or quoting information.
  • Open purchase orders and invoices must be manually matched and approved, consuming valuable time.

Technology Impact

  • Countless reports are generated outside the ERP just to keep teams “up to date.”
  • Significant time is wasted exporting ERP data into external data cubes for analysis.

Executive Impact

  • Leaders struggle to compile an accurate view of inventory and financial health when data comes from multiple sources.
  • A lack of real-time visibility into shortages causes lost sales and customer dissatisfaction.

Disconnected data isn’t just an inconvenience—it drains productivity and delays critical business outcomes.

The Business Costs of Disconnected Data...

Infor LX/BPCS Tips & Tricks for FINANCE: IDF Ledger Book Journal Line Analysis

George Moroses 0 84 Article rating: 5.0

This enhancement introduces the IDF Ledger Book Journal Line Analysis business object, which displays reference information on summarized journal lines. To implement this enhancement, request and apply MR 81558.

Key features include:

  • Ledger Book Journal Line Analysis

    • Provides analysis attribute details.

    • Has a 1-to-many relationship with Ledger Book Journal Line Source.

    • Default view: General.

  • Ledger Book Journal Line Source

    • Has a many-to-1 relationship with Ledger Book Journal Line Analysis.

    • Displays the Ledger Book Journal Line Analysis detail card.

This enhancement enables users to access detailed reference information on summarized journal lines, improving analysis and reporting capabilities.

Infor LN & Baan Tips & Tricks for FINANCE: Moving calendar periods

Kathy Barthelt 0 3165 Article rating: 3.0

You can move monthly periods to a different parent period. For example, if you have a monthly calendar, you can create quarter periods and move months to the quarters.

  1. Select Financials > Global Ledger > Setup > Finance Enterprise Group > Maintenance.
  2. Open the finance enterprise group.
  3. Click the Calendar tab.
  4. Open the calendar for which you want to move periods.
  5. Click the Hierarchy tab.
  6. Select the periods to move.
  7. Select Actions > Move.
  8. Select the new parent period under which you want to move the periods.
  9. Click OK.
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