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Anthony Etzel
/ Categories: Infor LX & BPCS Tips

BPCS/LX Tip of the Week: Cost of Goods Sold

A major change in LX Release 8.3.5 is the ability to post Cost of Goods Sold Inventory transactions by Cost Bucket. 

This will enable reporting of Cost of Goods Sold on the P&L by Material, Labor and Overhead. 

Up to this point, companies that wished to report at this level had to develop a modification to analyze these transactions and re-book them. This new feature eliminates that need. 

Optimize Your Manufacturing Today!

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Tips:  LX | BPCS | M3

Tips: LN | Baan

Why this matters

Inventory discrepancies are often identified, but not fully understood. Without clear visibility into where and why variances occur, teams are left reacting instead of improving processes.

What this solves

The Cycle Counting Variances session (whinh8352m000) provides a visual way to analyze inventory discrepancies, helping teams identify patterns and root causes across warehouses and counting activities.


How it works...

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