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Frank Petrasio
/ Categories: Infor

Join Crossroads RMC at inPOWER 2023

🌟 Unlock the Future of Infor LX at inPower 2023! 🌟

Are you ready to take your Infor LX experience to the next level?

Join us at the highly anticipated inPower 2023 conference, where innovation, expertise, and networking converge to shape the future of your enterprise.

📅 Event Dates: September 11-14 📍 Location: Ingleside Hotel, Pewaukee, WI

🔥 Top 10 Reasons to Attend:

  1. Experience Modernization in Action: Witness Infor's focus on modernizing and web-enabling Infor LX firsthand.
  2. Exclusive Preview: Get a sneak peek into the exciting features and enhancements with inPower 2023.
  3. User-Powered Insights: Participate in breakout sessions led by users, tailored to your real-world needs.
  4. Tackle Big Challenges: Gain insights into addressing digital disruption, embracing change, talent acquisition, and workforce engagement.
  5. Immediate Impact: Practical training, best practices, and actionable tips that translate to instant business results.
  6. Connect with Experts: Engage in face-to-face discussions with Infor and IBM leaders and experts.
  7. ERP Solutions Showcase: Explore the largest solution expo dedicated to ERP innovations.
  8. Roadmap Insights: Gain firsthand knowledge about the exciting changes in the Infor roadmap.
  9. iSeries Focus: Dive deep into IBMi Product Group with dedicated tracks for XA, LX, System21, and Thru-Put.
  10. Build Connections: Network with peers and partners, sharing experiences and solutions.


🌈 Bonus Reason: Receive practical advice for transitioning away from legacy green screens!


What's in Store for You:

🎯 Over 100 enlightening sessions by Infor, partners, and customers.

🎙️ Keynote sessions that set the tone for innovation.

💡 Workshops tailored to your expertise level.

🤝 Ample networking opportunities to connect with like-minded professionals.

📣 Limited Seating - Act Fast!

Secure your spot now and guarantee your place at the forefront of Infor LX transformation. Don't miss this chance to elevate your skills, enrich your network, and shape the future of your business.

🚀 Fees & Registration: https://ibmi.workoutloud.com/Event/inpower-2023/Fees

Stay tuned for session updates and event highlights. Let's power up the future of Infor LX together at inPower 2023!

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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.

 

 

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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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