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George Moroses
/ Categories: Infor LX & BPCS Tips

Infor LX & BPCS Tip: The Top 6 Benefits of CLD

The Configurable Ledger (CLD) is the central repository for a client’s financial accounting data.

Did you know it can do all of the following?

  • Journalize and post transaction data from any third-party application or Infor LX subsystem to the Configurable Ledger (CLD).
  • Generate multiple journal entries across different charts of accounts, ledgers, and books within the CLD from one transaction line.
  • Automatically post transaction amounts across different books using an appropriate exchange rate between the batch transaction currency and target book currency.
  • Use validation reports to identify validation errors within the files that contain batch transaction data and then you can make any necessary corrections before resubmission.
  • Use standard CEA grouping and summarization options for journals created during Batch Transaction Processing.
  • Interface GLD journal entries into CEA for the desired version of Infor LX. This allows data to be interfaced into CEA without changing the way data is processed through Infor LX subsystems.
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Tips:  LX | BPCS | M3

Web Services can be very helpful for LX users to obtain updated information directly from the source, for example:

  • LX users can use a web service to request a stock check on an item for which they are going to issue a purchase order. Users can get item availability and updated pricing before placing the order.
  • LX users can also use a web service to get real time shipping charges from UPS, Fed Ex, etc. Once the user selects the appropriate freight charge, it can be added to the customer order while the order is being placed over the phone.

Optimize Your Manufacturing Today!

BPCS/LX Tip of the Week: At a Loss?

Loss of Key Experienced Personnel– More and more of the original “super users” have changed jobs, or retired. In their place are skilled individuals who may have been trained to execute specific tasks, but lack the experience required to respond to new and unplanned business needs and opportunities. As a result, decisions are made that may cause unintended problems. 

What is the best way to deal with this BEFORE the problem occurs? Read our blog to find out:

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Tips: LN | Baan

All actions required for converting, validating, matching, and posting electronically received bank statements can be performed within a single session:

  • Bank Statement Workbench (tfcmg5610m100)
  • Bank Statement (tfcmg5610m000)

Alternatively, you can use the sequence of electronic bank statement sessions outlined below.

Steps to Process Electronic Bank Statements:

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