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

Kathy Barthelt
/ Categories: Infor LN & Baan Tips

Infor LN & Baan Tip: All About Invoicing Methods

Invoicing Methods are a set of parameters that define the types of orders and order lines that can be collected on an invoice, the type of invoice to be generated and the costs to be aggregated on Project invoices and Service invoices.

If options to combine tax codes, departments, sales representatives' line of business area, etc... are checked, LN will combine all available transactions ready to be invoiced that have different tax codes departments, sales representatives, etc...into only one invoice.

If options to combine sales orders, sales order types, and shipments are checked then all sales orders that are created for the same business partner where the shipment and/or sales order type is different will be combined into one invoice.

For example:

  1. If sales order SLS001 is created for BP BP1000 with 2 lines where each line has a different shipment number, and the invoice method is combining shipments, both lines will be part of the same invoice. If the option to combine shipments is not checked then LN will create an invoice per shipment.
  2. If sales order SLS001 is created for BP BP1000 with 2 lines and 2 different shipment numbers and sales order SLS002 is created for the same BP with a cost item, LN will create one invoice for both orders if the option to combine sales orders and shipments is checked. If only the option to combine sales orders is checked then 3 different invoices will be created as all 3 lines will have different shipment numbers. If they have different sales order types and this option is not checked on the invoice method session then also 3 invoices will be created but if it is checked along with sales order and shipment number then only one invoice will be created.
  3. If we take scenario 1 again and both lines have different tax codes and the option to combine tax codes is not selected then LN will create a separate invoice for each line based on the tax code.
     

Note: In the case that the Business Partner Tax Country is different, even if we select combine tax codes, the system will create a separate invoice based on the Business Partner Country to full the statutory compliances for that BP country.

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Kathy Barthelt

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Tips:  LX | BPCS | M3

The Infor Development Framework (IDF) re-architects the way a user interacts with the application, providing an efficient, task-oriented process to view application information that is contained within Infor LX. IDF enables users to configure their view of the application data without modifying the core application and its supportability.

The examples below describe how users can configure their display of data and maximize overall productivity:

  • Arrange application information into multiple groupings and sequences that make sense for the job.
  • Filter or hide records to show only the information that applies to the job or task that the user is performing.
  • Customize the information for an individual user, a group of users, or all users.

Infor’s Intelligent Open Network (ION) technology easily integrates Infor ERPs and third-party enterprise systems. ION is an advanced middleware cloud platform that provides the flexibility you need to make the most complex web of enterprise systems work together on-premise, in the cloud, or both. ION’s long-term sustainability will optimize your ROI, and with ION, one application can be upgraded, replaced, or even fail without taking the entire network down.

Benefits:

  • Faster integration and upgrade times
  • Access to real-time information
  • Reduced burden on IT
  • Immediate access to business services like reporting and mobility

For older BPCS installations that don’t use ION, Crossroads RMC has the expertise to build powerful adapters to allow your specific BPCS version to communicate and exchange information with virtually any sub-system that can import/export data.
 

Infor ION Intro Video (2:11)

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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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