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Anthony Etzel
/ Categories: Infor LX & BPCS Tips

BPCS/LX Tip of the Week: Actual Costs for Manufactured Items

In LX, the actual costs that can be set up fall into three categories: Material, Labor, and Overhead. If your LX database is set up properly with the LX cost accounting, you should be able to identify:

  • How much the item should cost
  • How to track the cost of work underway
  • How much the item actually did cost
  • Why the job cost varied from the expected cost
     

Capturing the data to track activity with associated costs can be time-consuming. With an MES solution, the information you need for costing is tracked instantly.

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Anthony Etzel

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Tips:  LX | BPCS | M3

Defining the Product Routing first requires the items to be setup in the Item Master file. Other master files also need to be defined prior to creating the routing.
These include:

  • The Facility defined with a SYS program
  • The Warehouses defined with an INV program
  • Locations defined with an INV program
  • The Machines (required if using capacity planning or an MES interface) defined with an MDM program

After the above data is set up, the Department file and Work Center files can be setup in MDM. Now you are ready to define a product route.

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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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