Infor ERP Tips and Infor ERP News for Infor LX, BPCS, Infor ERP LX, Infor LN, Infor ERP LN, Baan, Infor M3, and Movex

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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

Infor LX & BPCS Tip: Tracking Financial Journal Entries

George Moroses 0 23676 Article rating: 5.0

An 8.4.1 EGL audit enhancement now provides visibility to who and when a financial journal was last maintained and to who and when the journal was approved. The enhancement provides audit attributes for last maintain user, date, time and approval user, date time on the Financial Journal Entry and Financial Journal Entry Lines.  

The programs or areas impacted include:

Is Your ERP System Hurting Your Business?

The Importance of an Integrated System

Kathy Barthelt 0 18211 Article rating: 5.0

It could be if your ERP system isn't integrated with other systems that contain mission-critical business data.

Having data in two (or more) systems that don’t talk to one another is like baking a pizza crust in one oven and the toppings in another. Once baked, you may have food to snack on, but it sure isn’t pizza! Pizza requires the cheese, sauce and spices to bake with the crust, so all the flavors meld together when you take that first delicious bite. 

That’s the value of an integrated ERP system. When you...

Optimize with Infor Development Framework: IDF

Infor LX | BPCS | M3

George Moroses 0 20701 Article rating: 5.0

Why You Need IDF

The Infor Development Framework (IDF) not only helps you modernize the look and feel of your LX software but also the interactions of the IBM i software with other applications in your business.

“The IDF is a multi-user interface, single codebase architecture that’s metadata-driven (and) provides a lot of flexibility to adapt the software for their processes.” says Infor. This is the direction that Infor is going starting...

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Tips:  LX | BPCS | M3

Tips: LN | Baan

Baan/LN Tip of the Week: ERP Setup - Pros & Cons

You may have started your setup of your ERP system one way, and have discovered over time that maybe it no longer fits how you need to do business. Here are some pros/cons to consider for a Multi Finance / Multi Logistic setup.

Pros/Cons of Multi Finance / Multi Logistic Company Set-Up
 

Pros
Each legal entity can have its own general ledger and balance sheet.
Income statements can be generated for the different logistics companies.
Accounting user must go in and out of companies if there is a need to view or create transactions in more than one company.  However, if all companies are tied to the same financial group company, centralized payments, cash receipt application, and display and printing of ledger transactions and trial balances are possible for both companies from within the financial group company.

Cons
A more complex structure to set up and maintain.
Care must be taken in the set up of integration transactions, sales offices, purchase offices, etc. to insure that financial transactions are posted to the correct financial company.
Decentralized operations – purchasing, sales, manufacturing, planning, warehousing, etc.
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Kathy Barthelt

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