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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

Partner News: Are you up to date on all of the sales tax changes that have gone into effect this year?

Crossroads RMC 0 35525 Article rating: 5.0

Like it or not, requirements for collecting sales tax change monthly and keeping up with those changes requires someone to be “on it” full time. Fortunately, Avalara handles all of that. Learn How >

Contact us to learn how we can take this burden off your plate and ensure that you are 100% in compliance, 100% of the time.

IDF News: Multi-Language Support

George Moroses 0 27301 Article rating: 5.0

IDF capabilities have been enhanced to provide support for many description elements to be displayed in the user’s language. MLS address and description information has been added to Vendor/Customer/Item business objects. Users can add/remove information as needed. Those display icons that do not have MLS fields on them may have MLS objects already created that can be used to add MLS field to those display icons.

Scope: The following multi language description fields are now available in IDF. To show them, select the multi-language field for the desired IDF panel.

• Item Description

• Warehouse Description

• Customer Name

• Vendor Name

• Vendor Accounting Type

• Company Name

• Currency Description

• Country Description

• General Ledger Account Description

• General Ledger Segment Value Description

 

Impact: These IDF programs are new or were updated to support multi language functionality:

• Account Segment Value MLS Extension

• Bank Branch MLS Override

• Bank MLS Override

• Company MLS Override

• Country Extension MLS Override

• Country MLS Override

• Currency Extension MLS Override

• Currency MLS Override

• Customer MLS Address Override

• Customer MLS Note

• Customer Order Class MLS Override

• Customer Terms MLS Override

• Enterprise Item MLS Note

• Enterprise Item MLS Override

• Freight Term MLS Extension

• Note MLS Line

• Sales Representative MLS Address Override

• Vendor MLS Address Override

• Vendor MLS Note

• Warehouse MLS Address

What problem is OTTO addressing?

George Moroses 0 30587 Article rating: 5.0

Most manufacturers are being pressured to reduce delivery lead-times and rely on their planning systems to meet their commitments. This works very well if everything happens as planned. But planning by itself doesn’t make things happen, people and processes make things happen. This acceleration is putting tremendous pressure on key users like planners, schedulers, buyers and production supervisors. Not only are they struggling to meet daily commitments and relying on “brute force” solutions to get the job done but they can actually become unrecognized production constraints. Planning is more important than ever but is no longer sufficient to meet current challenges because the real challenge in meeting commitments isn't planning but in making plans happen.

This is where OTTO comes in - Learn More>

Analytics Dashboard: "The real voyage of discovery consists, not in seeking new landscapes, but in having new eyes." – Marcel Proust

Crossroads RMC 0 36124 Article rating: 5.0

What have you discovered about your business recently? What benefits could “new eyes” bring to your business? Crossroads RMC's Analytics Dashboard could be the “new eyes” your business needs. Identify trends, problem areas, and more – all without touching your ERP system. 

Learn More about Dashboards for LN & Baan>
Learn More about Dashboards for LX, BPCS & M3>

RMClabel offers significant advantages over other third-party label printing software

Infor LN & Baan

Kathy Barthelt 0 89138 Article rating: 5.0

Since label information can be unique to a business, item, customer or functional area, RMClabel allows for an easy method to configure exactly what is needed on any type of label, including 1-D barcode, 2-D barcode and RFID labels. 

Built in label logic allows for automatic switching of label formats. RMClabel is built for Infor LN and Baan. It natively understands the table structures and easily integrates with any data collection application or Infor LN/Baan session

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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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