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George Moroses
/ Categories: Infor LX & BPCS Tips

Infor LX & BPCS Tip: The Top 6 Benefits of CLD

The Configurable Ledger (CLD) is the central repository for a client’s financial accounting data.

Did you know it can do all of the following?

  • Journalize and post transaction data from any third-party application or Infor LX subsystem to the Configurable Ledger (CLD).
  • Generate multiple journal entries across different charts of accounts, ledgers, and books within the CLD from one transaction line.
  • Automatically post transaction amounts across different books using an appropriate exchange rate between the batch transaction currency and target book currency.
  • Use validation reports to identify validation errors within the files that contain batch transaction data and then you can make any necessary corrections before resubmission.
  • Use standard CEA grouping and summarization options for journals created during Batch Transaction Processing.
  • Interface GLD journal entries into CEA for the desired version of Infor LX. This allows data to be interfaced into CEA without changing the way data is processed through Infor LX subsystems.
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Tips:  LX | BPCS | M3

Make to Order? No problem if you use the Configuration Management System. This LX product allows you to define and configure a make to order product during Customer Order Entry. Basically, you have the option to create different products under the same common product item. You will get two completely different common end items that are configured from the same common parent.

The customer orders are planned and turned into shop orders for each end item with all the associated components. With an MES solution in place, the shop order side is easy to schedule and allows you to manage the shop floor.

In Infor LX, based on how your items are set up and on how you structure the Bill of Material, the following are some usages of a bill of material by functioning area:

  • Engineering & QA – change control, product design and specifications
  • Manufacturing – build instructions , material pick lists
  • Accounting – product costing
  • Materials Inventory – material and inventory planning
  • Sales – customer order processing
  • Production Scheduling – item scheduling (also a component of an MES solution)
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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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