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 76613 Rate this article: No rating Kathy BartheltKathy Barthelt Other posts by Kathy Barthelt Contact author Facebook page Twitter Linked In YouTube Website
8Oct2024 Infor LX/BPCS Tips & Tricks for TECHNOLOGY: Change SyncBillofMaterial BOD Tuesday, October 8, 2024 Read more This enhancement provides the ability to enable setting facility-specific bill of material BOD's accounting entity from the facility's stocking warehouse's company. The bill of material BOD can be consistent with the bill of resources BOD which sets its accounting entity from the company associated with the facility's stocking warehouse. Read more
8Oct2024 Infor LX/BPCS Tips & Tricks for EXECUTIVES: Tuesday, October 8, 2024 Read more TECHNOLOGY: Change SyncBillofMaterial BOD ... FINANCE: Override Exchange Rate ... OPERATIONS: Multi-Level Shop Order Release Due Dates ... 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