Please Wait a Moment
X

Infor LX Tips, Infor LN Tips, BPCS Tips, Baan Tips, Infor M3 Tips & Infor ERP News

Crossroads Connections

Infor ERP Tips & News from the Experts

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

Kathy Barthelt
/ Categories: Infor LN & Baan Tips

Infor LN & Baan Tip: 15 Reconciliation Steps for GRNI Transactions

How many are you missing in your process?

The reconciliation process of the Goods Received Not Invoiced (GRNI) transactions consists of the following steps:

  1. Close the financial period so that no new transactions can be entered.
  2. Print the trial balance.
  3. Print a report of the invoices to be received.
  4. Compare the reports.
  5. Print the reconciliation data.
  6. Examine the reports.
  7. Rebuild the History.
  8. Print the trial balance and the reconciliation report again.
  9. Print the GRNI reconciliation checklist.
  10. Check the balances on the GRNI reconciliation checklist.
  11. Analyze the reconciliation data.
  12. Make corrections.
  13. Print the GRNI reconciliation checklist again.
  14. Post the reconciliation correction transactions.
  15. Accept the reconciliation data.
Previous Article Optimize with Infor Development Framework: IDF
Next Article Is Your ERP System Hurting Your Business?
Print
14190 Rate this article:
3.3
Kathy Barthelt

Kathy BartheltKathy Barthelt

Other posts by Kathy Barthelt

Theme picker

Contact author

Please solve captcha
x

Tips:  LX | BPCS | M3

You know what ERP data you need to analyze your company’s production health, but sometimes it is a struggle to get that data in a format that is meaningful. Here are some reports in BPCS & Infor LX which you may find useful.

As is the case with most ERP reports, with each version progression from the earliest versions of BPCS to the latest version of Infor LX, there are improvements in selection criteria and report content. Some may require some setup and others may require some formatting if you would like to export them to Excel. Contact me if you have questions or need assistance.

BPCS & LX MANUFACTURING:

You know what ERP data you need to analyze your company’s financial health, but sometimes it is a struggle to get that data in a format that is meaningful. Here are some reports in BPCS & Infor LX which you may find useful.

As is the case with most ERP reports, with each version progression from the earliest versions of BPCS to the latest version of Infor LX, there are improvements in selection criteria and report content. Some may require some setup and others may require some formatting if you would like to export them to Excel. Contact me if you have questions or need assistance.

BPCS & LX FINANCE:

First4546474850525354Last

Theme picker

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:

12345678910Last

Theme picker

Categories