Kathy Barthelt / Monday, September 15, 2014 / Categories: Infor LN & Baan Tips Baan/LN Tip of the Week: Closed, Final Closed, Provisional Close – What’s The Difference? Fiscal, Reporting and Tax Periods can have status Open, Closed or Final Closed. If a period is Closed or Final Closed, you cannot post entries to those periods. If a period is Closed, you can re-set it to Open and post entries. If a period is Final Closed, you cannot post and you cannot set it back to Closed or Open. A Provisional Close is run at year-end to bring the balances forward for the new year without having to close the previous year. A Provisional Close can be run as many times as you like. After a Final Close, a Provisional Close cannot be run. The Provisional Close allows you to continue into the new year with all financial reporting and not have to rush with the Final Close until all adjusting entries are made and any final signoffs have been completed. Previous Article Baan/LN Tip of the Week: Product Families Next Article BPCS/LX Tip of the Week: Work Center - Cells Print 76530 Rate this article: No rating Kathy BartheltKathy Barthelt Other posts by Kathy Barthelt Contact author Facebook page Twitter Linked In YouTube Website
10Jun2025 Infor LX/BPCS Tips for EXECUTIVES Tuesday, June 10, 2025 Read more FINANCE: Override Warning in Invoice Entry PO Costing OPERATIONS: Auto Calculate Vendor Delivery Date TECHNOLOGY: User Provisioning Read more
10Jun2025 Infor LX/BPCS Tips & Tricks for FINANCE: Override Warning in Invoice Entry PO Costing Tuesday, June 10, 2025 Read more Improves control over PO costing changes during invoice entry by replacing passive warnings with an intentional override action. In ACP500D3 (Invoice Entry PO Costing), users previously could unintentionally accept changes by pressing ENTER, even when quantity to cost or amount to cost values had changed. A new “F14 to Override” warning message replaces the old message: “Details have changed. Press enter again to accept data.” This ensures users acknowledge and confirm significant changes explicitly. New System Parameter: “Apply GRN Costing Tolerance for PO Costing” (optional): Within tolerance: Displays the original message — “Details have changed. Press enter again to accept data.” Outside tolerance: Triggers the new override requirement — “F14 to Override” Benefits: Enhances oversight and reduces unintentional cost acceptance. Enables better control of PO costs when invoice details differ from expectations. Read more
10Jun2025 Infor LN & Baan Tips & Tricks for EXECUTIVES Tuesday, June 10, 2025 Read more FINANCE: Rebuild History for Account Matching (tfgld1218m000) OPERATIONS: Copy Customized Product Structure to Standard Structure (tipcs2232m000) TECHNOLOGY: Authorization and Security: LN REST APIs Read more