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Infor LX Tips, Infor LN Tips, BPCS Tips, Baan Tips, Infor M3 Tips & Infor ERP News

Crossroads Connections

Infor ERP Tips & News from the Experts

Infor LX | Infor LN | BPCS | Baan | Infor M3

Frank Petrasio
/ Categories: Infor

Join Crossroads RMC at inPOWER 2023

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πŸ“… Event Dates: September 11-14 πŸ“ Location: Ingleside Hotel, Pewaukee, WI

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  6. Connect with Experts: Engage in face-to-face discussions with Infor and IBM leaders and experts.
  7. ERP Solutions Showcase: Explore the largest solution expo dedicated to ERP innovations.
  8. Roadmap Insights: Gain firsthand knowledge about the exciting changes in the Infor roadmap.
  9. iSeries Focus: Dive deep into IBMi Product Group with dedicated tracks for XA, LX, System21, and Thru-Put.
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🌈 Bonus Reason: Receive practical advice for transitioning away from legacy green screens!


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🎯 Over 100 enlightening sessions by Infor, partners, and customers.

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Stay tuned for session updates and event highlights. Let's power up the future of Infor LX together at inPower 2023!

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Tips:  LX | BPCS | M3

Tips: LN | Baan

Use this session to define simulated purchase prices for purchased items per site.

Field Information:

  • Cost Calculation Code - price calculation code
  • Item

The raw materials, subassemblies, finished products, and tools that can be purchased, stored, manufactured, and sold.

An item can also represent a set of items handled as one kit, or which exist in multiple product variants.

You can also define nonphysical items, which are not retained in inventory but can be used to post costs or to invoice services to customers. The examples of nonphysical items:

  • Cost items (for example, electricity)
  • Service items
  • Subcontracting services
  • List items (menus/options)
     
  • ​Site - The site for which the purchase price is simulated.
  • Purchase Currency - The currency of the simulated purchase price.
  • Simulated Price - Purchase price

The simulated purchase price and currency are recorded twice.

  • Simulated Price Multi Currency - The purchase price in multiple currencies.

The simulated purchase price and currency are recorded twice. The amount in this field is related to the price of the supplier.

  • Unit - Purchase price unit
  • Cost Component - The cost component that must be of the type Material Costs.

Note: The cost component specified in this field does not become part of the standard cost detail structure if it is part of the cost component scheme of the selected item. If calculations are performed with a calculation code not used for actualization (simulations only), the simulated purchase price is mapped to the cost component defined in the records for this session.

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