Please Wait a Moment
X

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

Resources Infor ERP Tips & News

Crossroads Connections

Infor ERP Tips & News from the Experts

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

Subscribe to newsletter

Kathy Barthelt
/ Categories: Infor LN & Baan Tips, Finance

Infor LN & Baan Finance Tip: Unallocated Payment

How do I assign an unallocated payment to a purchase invoice when the document dates are not the same?

When trying to assign an unallocated payment, it is possible that the purchase invoice is not displayed in session Assign Unallocated / Advance Payments to Invoices (tfcmg2106s000), even though it is showing in the open entries. This can happen when the document date of the unallocated payment lies before the document date of the purchase invoice you want to assign it. There are 2 ways to handle this:

  1. Change the document date of the unallocated payment. This can be done by reversing the original document and creating a new one with a different document date.
  2. Create a new financial batch and use a transaction type of category Cash, subcategory Assign Advance/ Unallocated Payment. The date of the assignment will be the Transaction Entry Date of the batch. This way, the document dates can differ. Session Assign Advance/Unallocated Payments to invoices (tfcmg2131s000) will open. Chose the correct unallocated payment document and on top, click assign invoices to assign the correct invoice.
Previous Article Infor LX & BPCS Tip: What items should be M-P-S planned vs. M-R-P planned?
Next Article An ERP System Review is NOT a Report Card
Print
26385 Rate this article:
5.0
Kathy Barthelt

Kathy BartheltKathy Barthelt

Other posts by Kathy Barthelt
Contact author

Theme picker

Contact author

Please solve captcha
x

Tips:  LX | BPCS | M3

From John O'Kelly's article on Manufacturing.net:

"Regardless of industry, efficiency gains and increased speed provide a competitive edge. The ever-increasing competition in the manufacturing world makes it necessary to find new, efficient ways to speed up the process while remaining accurate and productive. While flying robots and miracle technologies may promise to reshape the industry, we still have a way to go until full automation, and thus the most important asset on the manufacturing floor in 2019 will remain its people.

In 2019, the focus will undoubtably be increasing efficiencies, and this can be achieved through investing in employees, equipping them with the proper techniques and tools. An invested labor force will limit mistakes on the manufacturing floor and improve throughput at every level of the process."

Here are a few best practices to increase efficiency on the manufacturing floor in 2019:

  1. Invest in your labor force
  2. Prioritize quality assurance
  3. Improve labeling errors

You can read the full article with detailed descriptions at: https://blog.safe.com/

Optimize Your Manufacturing Today!

Read more

BPCS & LX Tip of the Week: Get Real!

Read more

You’ve got an ERP system, so everything should be real-time and everyone should have access to information in real-time, right? RIGHT?!

Why not? Why are there spreadsheets, and separate Access databases off to the side?

Data loses value over time, so why not give everyone up to date, accurate information all the time? Take a look at those silos of information and see how you can eliminate them. Your business will benefit greatly as a result.

Optimize Your Manufacturing Today!

Read more
First7172737476787980Last

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:

Read more
12345678910Last

Theme picker

Categories