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George Moroses

Infor LX & BPCS Finance Tip: 3-Way Match - A validation step when paying vendor invoices in ACP500

The validation compares the order quantity and price from the purchase order, the quantity received from the ITH record, and the quantity and price on the vendor invoice. The PO, the receipt, and the invoice are the three “legs” of a 3-way match. If all three match, you have a valid invoice transaction. If the price you are about to pay does not match the price agreed on the purchase order, or if the quantity you’re about to pay for does not match what you ordered or received, the ACP500 user will want to review the discrepancy before paying the invoice. There can be legitimate reasons for a discrepancy, such as needing to prepay an invoice for an item to be received in the future. The 3-Way Match process lets the user take those extra validation steps before making the payment.

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Tips:  LX | BPCS | M3

This enhancement provides the ability to copy order lines, quote lines, and RMA lines. During Order Entry, action 3=Copy is available to copy regular lines and special lines. The new line displays in the next available line number.  This enhancement reduces manual key entry and speeds up Order Entry. 

The programs or areas impacted include ORD700D2, Order Line Entry, Quote Line Entry, and RMA Line Entry.

This enhancement prevents over-allocations and resulting overshipments to customers. Attempted over-shipments can present an error message to the user, or there is an option to automatically adjust the user’s request to the allowed quantity.

Since over-shipments result from over-allocations, Infor LX provides an optional validation during the four processes where a user can attempt to over-allocate. Note: Infor LX never over-allocates or over-ships; this always results from a user’s action. This enhancement provides three options regarding over-allocations and over-shipments:

  • Continue current process with warning message.
  • Show error message.
  • Automatically change allocation quantity to match quantity available for shipment.

If the over-ship quantity change is acceptable, internal procedures may require that the order quantity be revised so that pricing, promotions, credit checking, load planning, and other processes reflect the actual quantity.

The programs or areas impacted include:

  • ORD820D, Order Entry System Parameters
  • ORD720D2, Order Allocations
  • ORD725D, Order Entry Allocations
  • ORD570D5, Pick Confirm Inventory Confirmation
  • ORD700D2 / ORD700DA / ORD710B, Order Line Validation
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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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