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

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Infor ERP Tips & News from the Experts

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

Kathy Barthelt

Infor LN & Baan Finance Tip: What Can You Do in the Financial Statements Module?

In the Financial Statements module, you can:

  • Define financial statements, and link a structure of child statement accounts and parent statement accounts to these financial statements.
  • Link ledger accounts and/or dimensions to the statement accounts.
  • Link cash flow reasons to cash flow statement accounts.
  • Export financial data to FST reporting tables.
  • Print reports directly, or use the BIRT report functionality to print to PDF, HTML, and export to Excel or Word.

Data drill down in financial statements - You can use various Financial Statements sessions to view transactions in a hierarchical structure. You can also zoom back to the original logistic transaction.

Currency calculation - In Financial Statements, you can define a statement currency that is not one of the home currencies.

Financial statements in multi-tenant cloud -The Financials Statements module can now be used in the multi-tenant cloud. When generating the layouts, the reports are created in the Extensibility (tx) package.

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Kathy Barthelt

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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!

BPCS & LX Tip of the Week: Get Real!

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!

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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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