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George Moroses

Update from Infor Community: inPOWER 2022 – When is it, What is it, Where is it, and Why attend?

Join the LX User Group Board and Dave Rapacz, LX Product Manager, to learn more about the details of the first in-person event since 2019, inPower 2022.

July 12, 2022 11:00pm CT | 12:00pm ET 

They will discuss what to expect at inPower 2022 and the value to the attendees.    

Register today via the community calendar.

Join from the meeting link:
https://formica.webex.com/formica/j.php?MTID=mf2606bd828718d0bfd08f3a93d414ddf

Join by the meeting number:
Meeting number (access code): 2319 016 1781
Meeting password: LXUG

Tap to join from a mobile device (attendees only)  
+1-646-992-2010,,23190161781## United States Toll (New York City)  
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Global call-in numbers  |  Toll-free calling restrictions

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Dial 23190161781@formica.webex.com 
You can also dial 173.243.2.68 and enter your meeting number.

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Tips:  LX | BPCS | M3

The Cycle Counting Sub-System Within Inventory Management

The system uses the following information as the basis for cycle counting selection:

  • Cycle Counts/Year: The system calculates the time between cycle counts based on your entry in this Item Master file field for each item (optional).
  • Last Cycle Count Date: This date is in the Location Inventory file, ILI, if you use locations, or in the Warehouse Inventory file, IWI, if you don't.

The system adds the time between cycle counts (calculated as described above) to this date. If the result is less than or equal to today's date, the item is selected for cycle counting. If it is greater than today's date, the item is not selected, it is not due yet for cycle counting.

There is another special condition that causes an item to be selected for cycle counting. If the ILI/IWI record of the item has a Y in the Cycle Flag field, the item is selected automatically. This flag indicates that the item's on-hand balance has gone to a negative value sometime since the last cycle count. That applies even if the value is not negative at selection time. The programs that can set this field are INV500D, INV510, and BIL540.

You can also limit the items selected for counting by specifying limits of the item numbers or warehouses to be searched.

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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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