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George Moroses
/ Categories: Infor LX & BPCS Tips

Infor LX & BPCS Tip: How to handle “ZERO COST” items

When I try to enter a 3-way match invoice with zero cost items, I get an error 'Must have value/cost entry.

Resolution
ACP500 requires a positive value to create a 'C' transaction when entering a 3-way match invoice. If you are receiving inventory items for free (no charge) and have a purchase order for it and need to include the quantity in inventory, you should first receive your items through PUR550 using something like a 'U' transaction. Then, you would enter a 'C' transaction with the quantity and zero cost through PUR550. This will change the status of the line in the HPO file to '3', fully received and costed. Once this is completed, you will be able to enter an invoice for your zero-cost item through ACP500 without getting the error message 'Must have value/cost entry.

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Tips:  LX | BPCS | M3

BPCS/LX Tip of the Week: CEA

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CEA Upload provides the capability to prepare both Budgets and Journal Entries in Excel. Once the spreadsheet is complete, it can be uploaded to CEA for posting as an entry to the GL Book of choice. Ease of use is achieved and a full audit trail is created. LX users can capitalize on their investment in both CEA and Excel to achieve a better accounting process. 

Optimize Your Manufacturing Today!

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Efficiency is something we all strive for in our personal lives and at work. How can manufacturers increase their efficiency? Take a hard look at the 4 key areas:

  1. Planning
  2. Bill of Material and Job Accuracy
  3. Inventory Planning
  4. Real Time Reporting / Processing 

Need help figuring out how to become more efficient in each of these areas? Contact us, we’d be happy to help.

Optimize Your Manufacturing Today!

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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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