Kathy Barthelt / Tuesday, January 26, 2016 / Categories: Infor LN & Baan Tips, Upgrade & Implementation, Integrations & Enhancements, Support, Training & Workshops Baan/LN Tip of the Week: ERP Setup - Pros & Cons 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. Here are some pros/cons to consider for a Multi Finance / Multi Logistic setup. Pros/Cons of Multi Finance / Multi Logistic Company Set-Up Pros Each legal entity can have its own general ledger and balance sheet. Income statements can be generated for the different logistics companies. Accounting user must go in and out of companies if there is a need to view or create transactions in more than one company. However, if all companies are tied to the same financial group company, centralized payments, cash receipt application, and display and printing of ledger transactions and trial balances are possible for both companies from within the financial group company. Cons A more complex structure to set up and maintain. Care must be taken in the set up of integration transactions, sales offices, purchase offices, etc. to insure that financial transactions are posted to the correct financial company. Decentralized operations – purchasing, sales, manufacturing, planning, warehousing, etc. Previous Article BPCS/LX Tip of the Week: Understanding What Goes On Out On The Factory Floor – Part 4 Next Article BPCS/LX Tip of the Week: Changing the Master Schedule Print 84602 Rate this article: No rating Kathy BartheltKathy Barthelt Other posts by Kathy Barthelt Contact author Facebook page Twitter Linked In YouTube Website
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