Frank Petrasio / Tuesday, December 15, 2020 / Categories: Infor ERP Tips, Infor M3 & Movex Tips, Support, Training & Workshops M3/Movex Tip of the Week: Year-End Year-End is always a busy time! So busy that it's easy to forget things that must be done in your ERP system to close out the year properly and set you up for a good start to the following year. Here are some things to add to your to-do checklist. The year-end close process provides an opportunity to: Remove discontinued items. Remove sold purchase receipts. Remove lot attributes for sold lots. Update standard cost based on current cost field. (for environments without Manufacturing only) Prepare for Year-End Close Conduct full physical inventory and update quantities before actual year-end or establish a strong cycle-counting program. Check for any applicable sales and purchase invoices/returns and post. Prepare users for a year-end push to complete all year to date inventory adjustments, receipts, and invoicing. Determine how to handle new year transactions without posting. Determine what new standard costs should be entered for the upcoming year Discuss cutoff dates for removing Archived BOMS and Closed/Canceled Mfg Orders Previous Article Infor M3 & Movex Tip of the Week: Views & Sorting Orders Next Article Infor LX & BPCS Tip of the Week: Year End Print 32699 Rate this article: 5.0 Frank PetrasioFrank Petrasio Other posts by Frank Petrasio Contact author Facebook page Twitter Linked In YouTube Website
10Jun2025 Infor LX / BPCS Tips & Tricks for OPERATIONS: Auto Calculate Vendor Delivery Date Tuesday, June 10, 2025 Read more Enhances purchase order efficiency by automatically calculating the Vendor Delivery Date based on user input. When a purchase order line is created, the user enters the item, order quantity, and Due Date. LX automatically calculates the Vendor Delivery Date, adding buffer time for quality control, testing, and inspection activities. If the Due Date is revised, an informational message prompts the user to review and potentially update the Vendor Delivery Date. Enhancements: A new PUR820 system parameter enables automatic recalculation of the Vendor Delivery Date. Instead of a manual reminder, PUR500 now issues a message: “Vendor Delivery Date recalculated,” showing the updated date. Benefits: Eliminates the need to manually review and update the Vendor Delivery Date. Removes the need to delete and recreate PO lines to trigger automatic date calculation. Read more
10Jun2025 Infor LX/BPCS Tips & Tricks for TECHNOLOGY: User Provisioning Tuesday, June 10, 2025 Read more Enables integration between LX and Infor OS Federation Services (IFS) to automate user provisioning. Bi-directional user synchronization between Infor OS and LX: Infor OS user creation or changes automatically create or update users in LX. IBM i user profiles can be created if needed. Updates to SYS600 user data are reflected in Infor OS. Security Role Integration: LX Security Roles and Units are published as IFS Security Roles via SyncSecurityRoleMaster BODs. LX receives inbound SyncSecurityUserMaster BODs from IFS to create or update user records in SYS600. SYS600 Exit Points trigger ProcessSecurityUserMaster BODs to request user creation or updates in IFS on behalf of LX. Available Versions: 8.3.5, 8.4.1, 8.4.2 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