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Infor ERP Tips & News from the Experts

Infor LX | Infor LN | BPCS | Baan | Infor M3

George Moroses
/ Categories: Infor LX & BPCS Tips

Infor LX & BPCS Tip: Configurable Ledger (CLD) Benefits

Did you know CLD provides you with the following benefits?

▪ You can journalize and post-transaction data from any third-party application or Infor LX subsystem to the Configurable Ledger (CLD).

▪ You can generate multiple journal entries across different charts of accounts, ledgers, and books within the CLD from one transaction line.

▪ You can automatically post transaction amounts across different books using an appropriate exchange rate between the batch transaction currency and target book currency.

▪ You can use validation reports to identify validation errors within the files that contain batch transaction data and then you can make any necessary corrections before resubmission.

▪ You can use standard CEA grouping and summarization options for journals created during Batch Transaction Processing.

▪ You can interface GLD journal entries into CEA for the BPCD version of Infor LX. This allows data to be interfaced into CEA without changing the way data is processed through Infor LX subsystems.

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Tips:  LX | BPCS | M3

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. Are you capturing all of the information correctly? Timely? What about those spreadsheets? Can everyone access that information across your organization? Is that data married with all of the related data regarding your operations to give your executive and middle management the information they need when they need it?

Make your shop floor paperless and put in place systems 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.

  1. Record data regarding your inventory as soon as the items arrive at your door/receiving dock. With information, you can make decisions. Without it, you waste money, time and effort.
  2. Leverage data collection, label generation and RFID solutions to make your life easier.
  3. Set inventory accuracy goals for the business and for employees.
  4. Train your employees so they know what is expected of them, and how to best perform their job and therefore how best to maintain accurate inventory counts.
  5. Count the inventory – and do it regularly. Find a method that works best for your employees, and for your business.
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Tips: LN | Baan

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