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

George Moroses

Infor LX & BPCS Tip: Customer Tax Exempt Declarations, SYS160D1

The Customer Tax Exemption Maintenance program, SYS160, allows you to specify customer declarations used by the Customer Order Entry (ORD) and Billing (BIL) applications to apply a tax rate code to specific order lines of an invoice.

With this program, Infor LX can invoice customers without value-added tax (VAT) if one of the following conditions occurs:

  • The cumulated goods amount is less than a maximum value.
  • The goods delivery date is between a predefined range.

Use this program to set up multiple declarations for the same customer but with different company and currency combinations. When you activate the System Automatic Assignment field, this program prevents the start and end dates from overlapping with the dates of other declarations with the same company, currency, and customer combination. The declaration date uniquely identifies each declaration.

Add or maintain customer declarations: Use the Customer Tax Exemption Maintenance selection screen, SYS160D1-01, to add multiple customer tax exemption declarations, or to select a customer declaration to print, view, or maintain.

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Tips:  LX | BPCS | M3

1. Eliminate paper shop packet and distribution of the paperwork to the shop floor.     

2. Eliminate manual (paper-based) recording activities and the need to key in the transactions.

3. Easy electronic scheduling by sequence and changing job priorities.

4. Evaluate differences using actual times compared to standards.

5. Improve data accuracy and eliminate the need to chase and fix errors.

6. Practice Real-Time data reporting to monitor efficiencies and identify problems as they occur.

If the item being received needs to be inspected prior to being available for use, there are two schools of thought.The first is to receive the item to a QC hold location. The downside is the item will show up in on hand inventory.

A better method would be to do a PO receipt to inspection. Both Inv500 and Pur550 support this method. Now you have received the item without showing it in inventory. Only the PO quantity in inspection is updated. This method also allows you to create an Inspection Dispatch Report. After the QC process for the item is complete, then the transaction Receipt from Inspection to Stock is processed. That transaction then updates the PO quantity received field and the Item on hand field in inventory.

 

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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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