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Infor LX Tips, Infor LN Tips, BPCS Tips, Baan Tips, Infor M3 Tips & Infor ERP News

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Kathy Barthelt
/ Categories: Infor LN & Baan Tips

Infor LN & Baan Tip: Payment Terms on a Purchase Invoice

Is it necessary to remove existing tax transaction lines when changing payment terms on a purchase invoice?

If the Level of tax calculation is set to Transaction Line and the Tax Transaction Lines already exist, it is necessary to remove existing transactions in order to update the Payment Terms. Otherwise, the payment terms will not update and will keep the old value.

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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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