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Infor ERP Tips & News from the Experts

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

Kathy Barthelt

Collaborate IN-PERSON With Infor LN Users

LN North America User Group - Face-to-Face 2022 (lnnaug.org)

Registration is open for the face-to-face LN North America User Group Annual Meeting!

Things are finally turning around and opening up! We're looking forward to the day when the pandemic stays firmly in the rearview mirror.

It's definitely exciting to be buttoning up the details of the agenda for this event. This is our chance to discuss successes and roadblocks with one another.

This is also an opportunity to spend time with the Infor team. We will have members of the Product Management and Product Development team in-house for presentations, discussion, and questions.

Catch this: Marco Hoogenraad & Bram Vijfhuizen are scheduled to join us on-site!

Seats are limited. Registration closes on April 8th or sooner if we hit that limit.

Don't miss out, register today! We are looking forward to seeing everyone again and hope to see YOU there!

Curious about the agenda? Find it here: https://www.lnnaug.org/events-underway/agenda

Catch the details:

When: 2 full days | April 19 & 20, 2022

Sponsored dinners: April 18 & 19

Registration fee: To attend this event, there is NO COST to customers other than arranging and covering their own travel & lodging at a hotel in Columbus, Ohio.

Registration: Registration is open!

Agenda: The agenda will be a mix of learning sessions, customer stories, discussion groups, and networking time. If you have any questions shoot us an email at lnbaan.naug@gmail.com.

Travel Information

Where: Columbus, Ohio | Brookshire: The Venue at 405 Greif Pkwy, Delaware, OH 43015

Airport Code: CMH - a 20-minute drive from this airport to local hotels. 10 minutes from the hotel to the event location.

Hotels
Cambria Hotel Columbus - Polaris | 9100 Lyra Drive, Columbus, OH, 43240, US | Phone (614) 841-9100 Fax (614) 841-9107
Hilton Garden Inn | 8535 Lyra Dr, Columbus, OH 43240 | Phone: (614) 846-8884
Other hotels that are in Polaris, Columbus, OH would work fine as well.

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Tips:  LX | BPCS | M3

Establishing the Quantity On-Hand and the Quantity Available.

LX maintains buckets for information associated with the following inventory transactions for each item:

  • Opening Balance
  • Issues
  • Receipts
  • Adjustments
  • Allocations for the Customer
  • Allocations for Manufacturing


The on hand quantity does not include any allocations. To arrive at the on hand quantity, start with the opening balance, less any issues, plus any receipts, then add or subtract any adjustments. Available inventory is the on-hand less any allocations.

 

 

Understanding: The Cycle Count Alternative

The best way to cycle count is to count the same number of items each day and at the same time each day. The goal is to count your “A” items 4 times a year. The “A” items should be those item that are about 80% of the total inventory value and 20% of the total items. Consider creating your own cycle count schedule then instead of using the cycle count transaction, use the inventory adjustment transaction. The item balance is changed at the time the transaction is keyed. The transaction list can be used for the reconciliation process.

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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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