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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: Vendor Terms Maintenance, ACP160D1

George Moroses 0 34694 Article rating: 5.0

This program allows maintenance of vendor terms, which you individually assign to each vendor. Vendor terms designate the due date and the discount date as a number of days after the invoice date. You establish the discount percentage here. Vendor terms are stored in the AVT file. Rather than use the method specified above, you can override due dates and discount dates so those calendar days are used to age invoices.

Access: Menu ACP02

Infor LN & Baan: BIG DATA - Keeping Track of Key Metrics

Kathy Barthelt 0 67519 Article rating: 5.0

In order to communicate effectively as a team, everyone needs to speak the same language and operate off the same playbook. If decisions are made based on the data or the view of data that individuals are maintaining through their own spreadsheets or other data silos, then communication is negatively impacted.

Manufacturers need to review large amounts of data every day, making it difficult to keep track of key metrics within your department.

That’s where Crossroads RMC’s Analytics Dashboard solution comes in. Our Analytics Dashboard was developed to make tasks easier by putting all of the key information in one convenient location so you can view all of your crucial data in real-time. 

With powerful dashboards, you can...

Infor LX & BPCS: Waste in Manufacturing

George Moroses 0 30225 Article rating: 5.0

In manufacturing, waste is anything that doesn’t add value to or benefit the end customer. Reducing waste enables manufacturers to save money and increase productivity. Where is the waste happening in your processes?

How often is your department spending time and resources on the following tasks?...

Infor LX & BPCS Tip: Overhead Costs - CST120D1

George Moroses 0 28415 Article rating: 4.0

Use this program to enter period overhead expenses to distribute to various work centers. You can set up this overhead cost allocation on either a per-hour or a per-piece basis, depending on the overhead allocation type specified for each work center on the Work Center Maintenance screen, CAP100D2-01. The system spreads the amounts entered across all shop orders posted by Shop Floor Posting, SFC600, or Production Reporting, JIT600, when you run Overhead Cost Allocation, CST510. The system stores allocated overhead in the Labor Ticket file, FLT, and updates actual item cost when you run Shop Order Close and Post, CST900.

Access: Menu CST

Infor LX & BPCS: BIG DATA - Keeping Track of Key Metrics

George Moroses 0 33902 Article rating: 5.0

In order to communicate effectively as a team, everyone needs to speak the same language and operate off the same playbook. If decisions are made based on the data or the view of data that individuals are maintaining through their own spreadsheets or other data silos, then communication is negatively impacted.

Manufacturers need to review large amounts of data every day, making it difficult to keep track of key metrics within your department.

That’s where Crossroads RMC’s Analytics Dashboard solution comes in. Our Analytics Dashboard was developed to make tasks easier by putting all of the key information in one convenient location so you can view all of your crucial data in real-time. 

With powerful dashboards, you can...

Infor LX & BPCS Tip: Transaction History – Did you know?

George Moroses 0 31633 Article rating: 3.5

Did you know that the system stores a record of every inventory transaction and makes them available for inquiries and reports? Transaction history is available for immediate inquiry by item, or by item and location in the Material Status Inquiry program. The inventory transaction record holds data such as the quantity, date, reference number, cost/value, transaction type, scheduled date, and master reference number, lot numbers, and warehouse/location information.

Infor LN & Baan Tip: How to deal with data growth of your ERP system…

Kathy Barthelt 0 130331 Article rating: 5.0

Spending time on managing ERP data can deliver huge benefits, not just in reducing storage costs, but also in improving the experience of business users. Proactively managing application data also helps accelerate key business processes which has a positive impact on customers, suppliers, and partners. Use these solutions to reduce the data growth and disk storage used on your system:

• Use database compression. See...

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Tips:  LX | BPCS | M3

Tips: LN | Baan

Kathy Barthelt

Infor LN & Baan Tips & Tricks for FINANCE: Currency Differences

When currency differences are posted, several parameters affect the way the entries in the General Ledger are created. This section explains the possible parameter settings:

  1. Ledger accounts by currency

  2. Writing off currency profits

  3. Fixed exchange rate

  4. Writing off currency differences for anticipated payments


1. Ledger accounts by currency
This parameter is recorded in the Finance Company Parameters (tfgld0503m000) session.

If the Ledger Accounts Currency Differences by Currency check box is selected, the (un)realized currency differences are posted to the ledger accounts defined in the Currency Difference Ledger Accounts by Currency (tfgld0119s000) session.

LN retrieves the related dimensions from these sessions:

  • General Ledger: Finance Company Parameters (tfgld0503m000)

  • Accounts Payable: Ledger Accounts by Business Partner Group (tfacp0111m000)

  • ACR: Ledger Accounts by Business Partner Group (tfacr0111m000)

If the Ledger Accounts Currency Differences by Currency check box is cleared, the currency differences are posted to:

  • General Ledger: the ledger accounts specified in the Finance Company Parameters (tfgld0503m000) session.

  • Accounts Payable/ Accounts Receivable: the ledger accounts recorded for the business partner group.


2. Writing off currency profits
This parameter is defined in one of these sessions:

  • ACP Parameters (tfacp0100m000)

  • ACR Parameters (tfacr0100s000)

If the Currency Profits check box is selected, the unrealized currency profits are posted as well as the unrealized currency losses. Unrealized currency losses are always posted when writing off currency differences.

3. Fixed exchange rates
For each invoice, the rate determiner defines:

  • Which date is used to determine the exchange rate.

  • If currency differences are calculated.

  • For which (home) currencies the currency differences are calculated.

The Rate Determiner is set in the Sales Invoices (tfacr1110s000) session or the Purchase Invoice Entry (tfacp2600m000) session.

Unrealized currency differences are written off in one of these sessions:

  • Write Off Currency Differences (tfacp2240m000)

  • Write Off Currency Differences (tfacr2250m000)

4. Writing off currency differences for anticipated payments
This parameter is defined in one of these sessions:

  • ACP Parameters (tfacp0100m000)

  • ACR Parameters (tfacr0100s000)

If the Currency Difference Anticipated Payments check box is selected, invoices with anticipated payments or anticipated receipts are considered for writing off currency differences.

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Kathy Barthelt

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