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Anthony Etzel
/ Categories: Infor LX & BPCS Tips

BPCS/LX Tip of the Week: Establish Costing For Purchased Items

How Does Infor LX Establish Costing For Purchased Items?

In LX, you will establish a standard cost (you define the standard) that LX will use for the purchase items. You also need to establish in LX the Cost Type, the Cost Bucket, and the Cost Set needed for cost accounting.

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Anthony Etzel

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Tips:  LX | BPCS | M3

The LMP module (Lean Manufacturing Process) uses work centers but refers to them as production cells.

A cell is one or more work centers that produces an end item. So when a company decides to adopt the lean manufacturing philosophy, the concept of work centers takes on a new meaning.

In lean terms, the work center, or group of work centers, becomes a production cell. In other words, a mini-factory producing end items with similar characteristics.

In the master schedule creation, you have the flexibility to enter a planning start date, or default to the facility planning start date. Infor LX uses the planning date to plan both orders with forecasts and customer orders as demand.You can create your master schedule from the Master Production Scheduling module (MPS).

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Tips: LN | Baan

You can move monthly periods to a different parent period. For example, if you have a monthly calendar, you can create quarter periods and move months to the quarters.

  1. Select Financials > Global Ledger > Setup > Finance Enterprise Group > Maintenance.
  2. Open the finance enterprise group.
  3. Click the Calendar tab.
  4. Open the calendar for which you want to move periods.
  5. Click the Hierarchy tab.
  6. Select the periods to move.
  7. Select Actions > Move.
  8. Select the new parent period under which you want to move the periods.
  9. Click OK.

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