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

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Infor ERP Tips & News from the Experts

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

Anthony Etzel
/ Categories: Infor LX & BPCS Tips

BPCS/LX Tip of the Day: Inventory Management

Establishing the Quantity On-Hand and the Quantity Available.

LX maintains buckets for information associated with the following inventory transactions for each item:

  • Opening Balance
  • Issues
  • Receipts
  • Adjustments
  • Allocations for the Customer
  • Allocations for Manufacturing

 

The on hand quantity does not include any allocations. To arrive at the on hand quantity, start with the opening balance, less any issues, plus any receipts, then add or subtract any adjustments. Available inventory is the on-hand less any allocations.

 

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Tips:  LX | BPCS | M3

Tips: LN | Baan

When the invoice is copied, the status in the Invoice Status field in the Received Purchase Invoices (tfacp1500m000) session is set to Registered. The invoice cannot be copied again.

Note: If you have started this session using the browse arrow, you can only find and select a record.

Field Information

  • Invoice-from Business Partner: The invoice-from business partner
  • Document - The document number: The document number is a sequence number under which the invoice is temporarily recorded. When an invoice is registered officially, you must assign the invoice to a different number, in combination with a transaction type.
  • Business Partner Invoice Number: The invoice-from business partner's invoice number is the invoice identification used in LN: This number is printed as the payment reference when the invoice is paid.
  • Invoice Date: The date printed on the invoice. This date is used as a reference date for the term of credit allowed.
  • Currency: The invoice currency
  • Amount: The invoice amount

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