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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 LN & Baan Tip of the Week: Inventory aging analysis report

Kathy Barthelt 0 85940 Article rating: 5.0

A new standard Inventory Aging report can be printed in the Perform Inventory Aging Analysis (whina1440m000) session. This report is mainly based on the physical incoming and outgoing inventory movements and transactions. The date of inventory consumption or issue is compared to the date of receipt. If inventory is not yet issued, a reference date is used for aging calculation.

The report includes this information:

• Which inventory items are not frequently used or are obsolete.

• How long items have been stored in a warehouse.

• Inventory and transaction values. This facilitates the financial auditing process.

To use this new feature, an inventory aging analysis definition must be available in the Inventory Aging Analysis Definition (whina1140m000) session.

What do you get with IDF?

Infor Development Framework

George Moroses 0 33709 Article rating: 5.0

What do you get with IDF?

With Infor Development Framework (IDF), you can configure your view of the application data without modifying the core application and its supportability. Included with IDF are several interfaces including:

• PowerLink – A Windows-based client for end users

• Link Manager – A Windows-based environment administration client for importing environments, starting and stopping environment, and installing Fix Patches.

• Net-Link – A browser-based client (used by LX when running with SiW)

• System-Link – A XML-based interface for processing transactions from external sources.

The IDF ISO includes several components:

• All of the above interfaces

• Enterprise Integrator – for customizing IDF components and creating new business objects

• EGLi – Enterprise General Ledger 

• CRMi – Customer Relationship Management 

If you already have IDF installed for Infor LX 8.3.x, then it must be upgraded to a level that is compatible with LX 8.4. IDF PTFs and Fix Patches are required. See the Infor LX IDF 06.03.05 Installation and Upgrade Guide for details.

OTTO Q&A from the Director of Planning & Technology at Champion Industries

George Moroses 0 31320 Article rating: 5.0

1.  How difficult is it to initially install OTTO?

Dead easy is the straight answer. We relied on you to install, and you installed in the predicted 1 hour.  

2.  Would you install it on a test system or on the production system?

Production system is another easy answer. I use OTTO as the ideal prototype when talking to business contacts about “add-on” products. It is non-invasive; it only reads data from our ERP files. I know the implementation is 100% safe because no ERP files are ever updated (read corrupted) by OTTO.

3.  How difficult was it to implement OTTO? Was there a negative impact on daily operations?

There is a learning curve involved in using any new tool that has value to add. OTTO implementation is very low on the impact scale, but I would strongly recommend that a prospective client plan on investing in education and practice. OTTO implementation is low impact. No valuable tool is “no impact”.

Click here to learn more about OTTO

Is the Crossroads Analytics Dashboard Product Better than Spreadsheets?

Crossroads RMC 0 34528 Article rating: 5.0

You bet it is!

The Analytics Dashboard allows you to take your data and configure it any way you’d like, all without touching your ERP system! 

Any number of reports can be generated with just a few mouse clicks. In addition, full color graphs are automatically generated to illustrate the data being presented. Paper reports and Excel spreadsheets are dated. With Analytics Dashboard, data is refreshed at the touch of a button. 

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

MES News: Current trends indicate plants and factories are seeking to improve...

George Moroses 0 37486 Article rating: 5.0

Current trends indicate plants and factories are seeking to improve internal flexibility, implement a common information platform, and deliver real-time information. MES supports a variety of lean concepts on the plant floor, including kanban, waste reduction, load balancing, etc.  It maximizes your existing investment in your ERP system while embracing lean initiatives.  Visit our Crossroads MES page to learn more.

Infor LX & BPCS Tip of the Week: Purge optional during Month/Period End - LX 8.4

George Moroses 0 60006 Article rating: 5.0

For various month/period end programs, the purge function is now optional.

Scope:

INV903, Inventory Month End Close, optionally purges both inventory records as well as customer invoices. Some applications already have a flag or option for purging (for example, ACP900) and other applications are stand-alone. If you do not want to purge, do not run these programs: Order Purge and Close, ORD900, Close Quotes, ORD930, and Delete RMAs, ORD935. Now there are options on whether to purge records during the month end or period end programs.

The Benefits include:

• Flag or option added to allow the user to decide whether to perform month-end function with or without purge.

• Allows for month-end processing without purge.

• Improves efficiency of month-end processing.

Impact:

This enhancement includes these programs or areas:

• INV903, Inventory Month End Close

• ACR900, A/R Period Close

• CST900, PRF900, SFC900 Shop Order Close

• PUR900, Purchasing Month End Close

Johnson Crushers Selects Crossroads RMC for LN 10.6 Data Collection

Kathy Barthelt 0 38340 Article rating: 5.0

Johnson Crushers International (JCI), a global leader in engineering and manufacturing full lines of cone crushers, horizontal and incline vibrating screens and track-mounted, portable and stationary crushing and screening plants, has selected Crossroads RMC’s Data Collection solution for their Infor LN 10.6 implementation. 

JCI’s main objectives with this project are to support their continued growth and enable a continuous improvement effort to drive additional value to the business. In phase 1 of this project, JCI will implement Crossroad RMC’s Labor Reporting and Maintain Receipts data collection applications. Go live is expected to occur in early Q1 of 2020.

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Tips:  LX | BPCS | M3

Tips: LN | Baan

Kathy Barthelt
/ Categories: Infor LN & Baan Tips

Infor LN & Baan Tip: Cash Flow Functionality and Setup

A cash flow statement provides a historical view of the movement of cash within a company. This statement offers an overview of both the origins and destinations of cash, aiding management in evaluating the company's ability to fulfill short-term financial obligations. To differentiate between various sources and uses of cash, reason codes can be utilized. When interacting with cash transactions in relevant sessions, users have the option to input or review the corresponding cash flow reason. The cash flow statement organizes cash transactions based on these reasons. LN software system maintains year-specific opening balances for cash flow transactions. Should the need arise, users can manually input opening balances in the Opening Balance Cash Flow (tfgld2118m000) session.

To set up the cash flow statement, use the following sequence of sessions:

  1. Group Company Parameters (tfgld0101s000): If you want to generate cash flow statements in any of the financial companies of the group, you must select the Cash Flow Statement check box.
  2. Reasons (tcmcs0105m000): Define reason codes for the sources and uses for cash that you want to distinguish. The Reason Type must be Cash Flow.
  3. Purchase Types (tcmcs2101m000): For the purchase types related to cash transactions, select the default cash flow reasons.
  4. Sales Types (tcmcs2102m000): For the sales types related to cash transactions, select the default cash flow reasons.
  5. Chart of Accounts (tfgld0108s000): For ledger accounts used for cash transactions, select the default cash flow reason in the Cash Flow Reason field. The ledger accounts must have level zero and must not be a text account, an intercompany account, or an integration account.


To enter and view cash flow transactions: Transactions that must be included in the cash flow statement must have a cash flow reason linked to them. For most transactions, ERP LN derives the default cash flow reason from the sales type, the purchase type, or the ledger account.

If you manually enter cash transactions, you can enter a cash flow reason. You can view cash flow transactions in the following sessions:

  1. Cash Flow History (tfgld2519m000): This session displays, for one cash flow reason, the opening balance, the closing balance, and the movement during one financial period.
  2. Cash Flow Transactions (tfgld1523m000): This session lists the transactions by cash flow reason.

In both sessions, on the Specific menu you can click Opening Balance to start the Opening Balance Cash Flow (tfgld2118m000) session. Use this session to view the calculated opening balances for a cash flow reason or to enter manually an opening balance, if necessary.


To print the cash flow statement: Use the Print Cash Flow Transactions (tfgld1419m000) to print the cash flow statement. You can print the report for one financial company and one fiscal year, and for a range of financial periods and cash transaction reasons.

To print the cash flow statement, use the following sequence of sessions:

  1. Cash Flow History (tfgld2519m000): On the Specific menu, click Cash Flow Transactions. The Cash Flow Transactions (tfgld1523m000) session starts.
  2. Cash Flow Transactions (tfgld1523m000): Click Print. The Print Cash Flow Transactions (tfgld1419m000) session starts.
  3. Print Cash Flow Transactions (tfgld1419m000): To print the cash flow statement, in the Report field, select Cash Flow Reason Transactions.


Other related KBs which would be helpful in Cash Flow process queries:
1998168 How to link child Cash Flow Reason Group to Cash Flow Reason

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