Kathy Barthelt / Wednesday, November 13, 2024

/ Categories: Infor LN & Baan Tips, Finance

Infor LN & Baan Tips & Tricks for FINANCE: Use of Electronic Bank Statements

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:

Convert Electronic Bank Statements (tfcmg5202m000)
Convert the received bank file to a format that LN can process. LN stores the converted bank statement files in the directory specified in the Path For EBS Archive field of the Bank Relations (tfcmg0510m000) session. In the Pathname EBS File field, you must add the file name. To add the current date to the file name, append a tilde (~) to the file name.
Validate Bank Statements (tfcmg5202m000 / tfcmg5510m000 / tfcmg5511m000)
Validate the converted electronic bank statement.
Match Bank Statements (tfcmg5210m000)
Automatically match as many of the imported statements (status Validated) as possible with open items. LN can match the statements with sales invoices, purchase invoices, and anticipated payment documents.

Matching Options:
- Match - Surplus on Aging / Unallocated (Default value)
- Match - Surplus on Unallocated
- Match - Surplus to be allocated Manually
- Allow Underpayments
- Use Payment Difference Tolerance
Matching Results (tfcmg2500m100)
Review the results of the matching process.

To handle an unmatched amount, you can:
- Manually add an unallocated payment or receipt line.
- Reconcile the surplus with remaining open entries of the business partner.
Post Bank Statements (tfcmg5210m100)
Post the bank transactions to the General Ledger.

Update the business partner’s bank account number and other details in the Bank Account by Pay-by Business Partner (tccom4115s000) session, based on the details read from the bank statement file.

626 Rate this article:

5.0

Kathy BartheltKathy Barthelt

Theme picker

Contact author

Name:

Email:

Subject:

Company:

City:

Region:

Country:

Telephone:

Mobile:

Message:

Please solve captcha

Tips: LX | BPCS | M3

25Jun2019

Infor LX & BPCS Tip of the Week: Partial Search in Item Description List

Tuesday, June 25, 2019

Previously, if a user performed a partial search for an item by using a double byte language, no matches were found. Regardless of whether the MLS module is used, this enhancement allows a user to use a double byte language to perform partial or full item description searches. This enhancement resolves an issue with partial searches on screens where the Item Master Lookup (WINIIM) screen is used, such as Material Status Inquiry, INV300D-01, Item Master Selection INV100D1-01, Facility Planning Selection, MRP140D1-01, and Purchasing Inquiry, PUR300D1).

The user selects the F4 prompt from these screens to open the Item Description List. In the prompt window, the user specifies option 10 to perform a partial or full search on an item description.

10Jun2019

Infor LX & BPCS Tip of the Week: Inventory Transfers for Outside Operations

Monday, June 10, 2019

This enhancement allows users who currently perform outside operation processing in shop floor programs to manage the transfer of components used in the outside operations to the vendor’s designated warehouse.

This enhancement provides modified and new INV511D screens and adds new logic to allow the user to identify all shop orders that have components linked to outside operations or to identify all the components linked to an outside operation on a shop order. The shop orders can be filtered by either a date range or by a specific vendor.

Inventory Transfers for Outside Operations enhances the management of external operations by providing screens that simplify the selection of the shop orders or items to transfer to a vendor.

Transfers to the vendor warehouse are performed in the Inventory Transfers, INV511D, screens.

First Previous 65 66 67 68 69 70 71 72 73 74 Next Last

Theme picker

Tips: LN | Baan

13Nov2024