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Anthony Etzel
/ Categories: Infor LX & BPCS Tips

BPCS/LX Tip of the Week: Cost of Goods Sold

A major change in LX Release 8.3.5 is the ability to post Cost of Goods Sold Inventory transactions by Cost Bucket. 

This will enable reporting of Cost of Goods Sold on the P&L by Material, Labor and Overhead. 

Up to this point, companies that wished to report at this level had to develop a modification to analyze these transactions and re-book them. This new feature eliminates that need. 

Optimize Your Manufacturing Today!

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Anthony Etzel

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Tips:  LX | BPCS | M3

This enhancement provides LX Company Security to Invoice Maintenance, ACR510. Only users authorized to the invoice company can view or maintain invoices.

User must be authorized to ACR as a product or ACR510 as an individual program in Security Master Maintenance, SYS600. Additionally, ACR510-01, displays all records, but if the user tries to revise or display a transaction record for a company the user is not authorized to, this error message is displayed: “User is not authorized to the transaction company.”

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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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