Kathy Barthelt / Wednesday, November 13, 2024

/ Categories: Infor LN & Baan Tips, Finance

Infor LN & Baan Tips & Tricks for FINANCE: Use of Electronic Bank Statements

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:

Convert Electronic Bank Statements (tfcmg5202m000)
Convert the received bank file to a format that LN can process. LN stores the converted bank statement files in the directory specified in the Path For EBS Archive field of the Bank Relations (tfcmg0510m000) session. In the Pathname EBS File field, you must add the file name. To add the current date to the file name, append a tilde (~) to the file name.
Validate Bank Statements (tfcmg5202m000 / tfcmg5510m000 / tfcmg5511m000)
Validate the converted electronic bank statement.
Match Bank Statements (tfcmg5210m000)
Automatically match as many of the imported statements (status Validated) as possible with open items. LN can match the statements with sales invoices, purchase invoices, and anticipated payment documents.

Matching Options:
- Match - Surplus on Aging / Unallocated (Default value)
- Match - Surplus on Unallocated
- Match - Surplus to be allocated Manually
- Allow Underpayments
- Use Payment Difference Tolerance
Matching Results (tfcmg2500m100)
Review the results of the matching process.

To handle an unmatched amount, you can:
- Manually add an unallocated payment or receipt line.
- Reconcile the surplus with remaining open entries of the business partner.
Post Bank Statements (tfcmg5210m100)
Post the bank transactions to the General Ledger.

Update the business partner’s bank account number and other details in the Bank Account by Pay-by Business Partner (tccom4115s000) session, based on the details read from the bank statement file.

477 Rate this article:

5.0

Kathy BartheltKathy Barthelt

Theme picker

Contact author

Name:

Email:

Subject:

Company:

City:

Region:

Country:

Telephone:

Mobile:

Message:

Please solve captcha

Tips: LX | BPCS | M3

4Aug2015

BPCS/LX Tip of the Week: What is Lean Make to Order?

Tuesday, August 4, 2015

This is a simple way to go from the customer order to making the order and shipping the order. It involves a few simple steps:

Receive and enter the customer order
Automatic credit review
Automatic release of the shop order tied to the customer order
Issue material, report labor to the production order receipt
Pick the order, ship the order, invoice the customer

With lean, you can skip processing the demand through MRP. You can go directly from the customer order to the shop order creation.

28Jul2015

BPCS/LX Tip of the Day: Inventory Transactions

Tuesday, July 28, 2015

Define Inventory transactions for issuing components to the shop and receiving finished items. See the Inventory help text for examples of transactions.

Transaction type I - Single Issue to Shop Order. Use this transaction type to issue one component at a time. Use this for high-value items that are marked as Must Single Issue on the Item Master file.
Transaction type M - Multiple Issue to Shop Order. Use this transaction type to issue all the components as listed in the Shop Order, in one transaction. Note that this transaction type does not issue Must Single Issue items.
Transaction type S - Receipt from shop. Use this transaction type to receive the finished item into stock and update the shop order accordingly.

The Shop Order Lot/Location Allocation program is an alternative to using the above Inventory transactions. Use this when the item is finished, and you want to review exactly what was used to make it. You can review the components as allocated, make any changes, and finally accept the finished order.

First Previous 132 133 134 135 136 137 138 139 140 141 Next Last

Theme picker

Tips: LN | Baan

13Nov2024