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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

Avalara isn't only tax calculation and returns filing....

Baan & Infor LN

Kathy Barthelt 0 40886 Article rating: 5.0

Did you know that in addition to tax calculation and returns filing, Avalara can also help with:

  • Business license and tax registration
  • Streamlined Sales Tax qualification
  • Nexus analysis and compliance
  • Tax document management including exemption certificates
  • Audit preparation

Contact us today! We partner closely with Avalara to provide you with solutions on ALL version of Baan and Infor LN!
 

Infor LN & Baan: Is Your House All In Order?

Kathy Barthelt 0 32485 Article rating: 5.0

Have you successfully closed all of the fiscal, tax and reporting periods for 2019 and closed the year? Sometimes this task hangs out there looming because either people don’t know what needs to be done, or there is a fear there are going to be problems.

Let Crossroads RMC’s expert finance consulting team help you through this.

Move into 2020 with ease! Contact Kathy Barthelt today to put together a plan for your close.
800.762.2077

Want a way to convert IBM i ® spool files into full-color, professional forms that are output as PDF documents?

Anthony Etzel 0 32931 Article rating: 5.0

Want a way to convert IBM i ® spool files into full-color, professional forms that are output as PDF documents?

Crossroads RMC and TL Ashford can help you get there!

TLAForms provide a reliable, feature-rich, cost-effective forms solution for IBM i, with no programming required!

Contact Anthony Etzel for more info: 1.630.955.1310, x125 or aetzel@crossroadsrmc.com

Join us in St. Louis for inPOWER 2020!

inPower 2020

George Moroses 0 32141 Article rating: 5.0

We can’t wait to see you this May at the PREMIER event for Infor LX & BPCS users! Join us for the conference and a special customer appreciation event!

Why attend?

  • Participate in exclusive training sessions
  • Attend user experience and industry presentations on topics relevant to your business
  • View new product demos to give you the tools needed to tackle issues we all share

Click here to register and please let us know that you will be attending!

What is the right balance of KPIs to make sure your production line is running at peak performance?

Analytics Dashboard

Crossroads RMC 0 33933 Article rating: 5.0

How can we make sure the production line is running at peak performance?

One very effective way is to put the right balance of production KPIs in place. Some of these are leading indicator KPIs that help provide insight into future performance and some are results KPIs that tell you how you have done. It is good to have both.

Check out this list of 21 examples of KPI indicators for 2020 to help improve manufacturing performance.

Analytics Dashboard for Infor LN & Baan
Analytics Dashboard for Infor LX, BPCS & Infor M3

Consulting News: It's Time for the Crossroads RMC Utilization Review

Frank Petrasio 0 49962 Article rating: 5.0

If your business requirements and resources have undergone a major change since your original implementation, it is time to take a look at your ERP system to see if it is being utilized properly.

The Crossroads RMC Utilization Review is designed to work with your people to identify the best way to apply the powerful capabilities within the Manufacturing, Supply Chain and Financial modules within the Infor LX and BPCS software to best suit the needs of your business, not only today, but in years to come.

Learn more> 

Contact Frank Petrasio today to schedule your review so that you can get 2020 started on the right foot!
800.762.2077

Crossroads RMC Tip of the Week: How to Prevent Your Company From Being a Victim of Ransomware

Crossroads RMC 0 69722 Article rating: 3.5

This is unfortunately becoming a common occurrence in today’s digital society and we are hearing about these sort of attacks quite frequently.

There are a few dos and don’ts when it comes to ransomware as recommended by Norton 360:   

  1. Do not pay the ransom. It only encourages and funds these attackers. Even if the ransom is paid, there is no guarantee that you will be able to regain access to your files.
  2. Restore any impacted files from a known good backup. Restoration of your files from a backup is the fastest way to regain access to your data.
  3. Do not provide personal information when answering an email, unsolicited phone call, text message or instant message. Phishers will try to trick employees into installing malware, or gain intelligence for attacks by claiming to be from IT. Be sure to contact your IT department if you or your coworkers receive suspicious calls.
  4. Use reputable antivirus software and a firewall. Maintaining a strong firewall and keeping your security software up to date are critical. It’s important to use antivirus software from a reputable company because of all the fake software out there.
  5. Do employ content scanning and filtering on your mail servers. Inbound e-mails should be scanned for known threats and should block any attachment types that could pose a threat.
  6. Do make sure that all systems and software are up-to-date with relevant patches. Exploit kits hosted on compromised websites are commonly used to spread malware. Regular patching of vulnerable software is necessary to help prevent infection.
  7. If traveling, alert your IT department beforehand, especially if you’re going to be using public wireless Internet. Make sure you use a trustworthy Virtual Private Network (VPN) when accessing public Wi-Fi like Norton Secure VPN.
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Tips:  LX | BPCS | M3

Tips: LN | Baan

Kathy Barthelt

Infor LN & Baan Year-End Processing Checklist for Period and Fiscal Year Closure

The conclusion of the fiscal year is inevitably a hectic period, making it crucial not to overlook essential tasks within your ERP system to ensure a seamless year-end close and set the stage for a successful start to the upcoming year. Below are critical items to include in your comprehensive checklist:

Year-End Close Process:

  1. Remove discontinued items.
  2. Eliminate sold purchase receipts.
  3. Clear lot attributes for sold lots.
  4. Update standard cost based on the current cost field (for environments without Manufacturing only).

Prepare for Year-End Close:

  1. Conduct a comprehensive physical inventory and update quantities before the actual year-end or establish a robust cycle-counting program.
  2. Review and post any applicable sales and purchase invoices/returns.
  3. Prepare users for a year-end push to complete all year-to-date inventory adjustments, receipts, and invoicing.
  4. Determine procedures for handling new year transactions without immediate posting.
  5. Establish new standard costs for the upcoming year (Manufacturing).
  6. Discuss cutoff dates for removing Archived BOMs and Closed/Canceled Mfg Orders (Manufacturing).

Finance Specific Items:

  1. Set up financial periods for 2024 (fiscal, reporting, and tax, as applicable).
  2. Open January period in 2024.
  3. Finalize any outstanding transactions from the current year (2023).
  4. Perform a soft-close for any open periods in 2023.

General Baan/LN Tips:

  1. Issue any pending old sales invoices.
  2. Resolve outstanding financial integration errors.
  3. Establish new integration mapping for 2024 as needed.
  4. Test the mapping in a controlled environment before the new year.
  5. Review and update jobs to ensure they will process in 2024.
  6. Determine, for cash-flow purposes, which purchase invoices won’t be paid until 2024.
  7. Verify that calendars are set up for the new year with holidays correctly indicated.
  8. Check jobs to ensure that any with hard-coded dates will point at the new year.

For additional insights and tips on year-end processing, refer to the relevant documents in the Infor Knowledge Base.

 KB 

 Content 

 1879191  

 Document including step by step procedure, possible error/warning messages, and more (Infor LN) 

 1147023 

 Step by step procedure description (Infor LN)

 1116239 

 Step by step procedure description (Infor LN)

 1117334

 Step by step procedure description (Infor LN; Portuguese)

 1171300 

 Step by step procedure description (Baan IV) 

If you require assistance or have any questions, feel free to reach out to us, and we'll gladly guide you through the necessary steps to ensure a thorough and accurate completion of your year-end processes. Contact us at 1.800.762.2077 or via email at solutions@crossroadsrmc.com. Your success is our priority, and we're here to help.

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Kathy Barthelt

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