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Anthony Etzel
/ Categories: Infor LX & BPCS Tips

BPCS/LX Tip of the Week: Inventory Period Balance Freeze

This new feature provides the ability to freeze period-end balances at the end of a fiscal period.

This enhancement provides clients the ability to store the opening/ending on hand balance for each Inventory period at the Item (IIM), Warehouse/Item (IWI) and Lot/Location (ILI) levels.

This information can then be used for inventory tracking and valuation purposes, as well as other ad hoc financial and audit reporting requirements.

One key benefit is that tracking the opening/ending/period balance for each inventory period can give users insights into the levels of inventory for each item, item/warehouse and item/warehouse/lot/location combination.

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Anthony Etzel

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Tips:  LX | BPCS | M3

The cycle counting sub-system in Inventory Management determines which items are selected for cycle counting based on the following criteria:

  1. Cycle Counts/Year: The system calculates the cycle count frequency for each item using the "Cycle Counts/Year" field in the Item Master file (optional).

  2. Last Cycle Count Date: If you use locations, this date is found in the Location Inventory file (ILI), and if you don't, it's in the Warehouse Inventory file (IWI).

The system adds the calculated cycle count frequency to the last...

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Infor LX & BPCS Tip: Have you considered WebTop? Infor LX & BPCS Tip: Have you considered WebTop?

WebTop release 4.8 is NOW AVAILABLE for Infor LX versions 8.3.5 and 8.4.x.

WebTop is a web interface based on green screen code automatically generated using a tool called 'WebTop Studio'. The process of generating the web interface is referred to as "Weblication".

Infor is focused on modernizing and web-enabling Infor LX and this release provides significant improvements to the web-based user experience.
Key features:

  • Grid decorators for advanced customization
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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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