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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

Exit Points is a new feature in Infor LX Version 8 that allows users to customize, without changing the original LX source code. Exit points provide a way for you to call an external program and pass a set of parameters to implement any needed custom logic. By using Exit Points, LX customers are able to modify the software, and still take advantage of new releases from Infor. Exit points are available in many LX programs. A complete list is available on the Infor support website.

Optimize Your Manufacturing Today!

Poor performance indicators make for poor outcomes.

Companies today continue to tolerate and accept how labor and production information is recorded, and the reliability on that information is questionable. In addition to collecting labor and production information, there are many other pieces of information manually recorded from the shop floor.

A critical element of information for productivity throughput would be to examine how much time the work center or machine was actually up and running. Downtime is another critical element of data that is usually manually recorded along with a reason identifying what caused production to stop. If this information is not provided on a timely and accurate basis, then what good is it anyway? Forms are filled out, data may or may not be keyed to a spreadsheet, the forms are sorted and filed, but is anybody really looking at the information that was recorded? Think about the amount of time it takes to manage the manual collection of information from your shop floor. 

What would real time access to data mean to your organization?
The benefits:

  1. Real Time Production Visibility
  2. Reduced Paperwork Load
  3. Downtime and Scrap Visibility
  4. WIP Inventory Visibility
  5. Improve Efficiency, Capacity Utilization

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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