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Infor LN & Baan Tip: Financial Integration Mapping Scheme

Transactions to be mapped - In the mapping scheme, you must define the ledger mapping and the dimension mapping for these types of transactions:

  1. Financial integration transactions resulting from logistic events in Operations Management.
  2. General Ledger transactions.
  3. Procurement card transactions in Accounts Payable.


In addition, to support dimension accounting you must define the dimension mapping of financial transactions from Accounts Payable and from Invoicing to the various dimensions.

The setup procedure - creating, changing, or extending an integration mapping scheme, consists of these steps:

  1. Map scheme prerequisites.
  2. If no mapping scheme exists, create a mapping scheme.
  3. Create a mapping scheme version.
  4. Map by Reconciliation Group (tfgld4166m000)
  5. Set up the integration transaction document numbers for the integration transactions.
  6. Set up compression of the transactions.
  7. Check and activate a mapping scheme for your mapping scheme version.

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Kathy Barthelt

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Tips:  LX | BPCS | M3

From a recent article published by M4B Marketing:

When analyzing your sales performance consider the following: 

  • Pricing changes eg. price increases or discounting
  • Competitors – competitors entering or exiting the market
  • New product or service launch growing sales
  • New product or service cannibalizing existing product or service sales
  • Customers moving between products or services
  • Changes in customer demand eg. increasing or decreasing
  • The segments and distribution channels you operate in
 
Two big sources of inefficiencies in manufacturing are paper and spreadsheets. I know that you love ‘em, but they are the cause of more problems than you probably realize. Think of how long it takes you to get paper-based data into the hands of those who can do something valuable with the data.
 
  • Is the information captured correctly?
  • Can everyone access the information?
  • Is this an accurate representation of what’s going on across all operations?

Make your shop floor paperless and put systems in place that talk to one another and automatically pull and push data to and from your ERP so that you can look in one place for all the information you need to run your business effectively.

If you’re not doing this today, you might as well be burning money.
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Tips: LN | Baan

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