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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

George Moroses

Infor LX & BPCS Tip: Customer Tax Exempt Declarations, SYS160D1

The Customer Tax Exemption Maintenance program, SYS160, allows you to specify customer declarations used by the Customer Order Entry (ORD) and Billing (BIL) applications to apply a tax rate code to specific order lines of an invoice.

With this program, Infor LX can invoice customers without value-added tax (VAT) if one of the following conditions occurs:

  • The cumulated goods amount is less than a maximum value.
  • The goods delivery date is between a predefined range.

Use this program to set up multiple declarations for the same customer but with different company and currency combinations. When you activate the System Automatic Assignment field, this program prevents the start and end dates from overlapping with the dates of other declarations with the same company, currency, and customer combination. The declaration date uniquely identifies each declaration.

Add or maintain customer declarations: Use the Customer Tax Exemption Maintenance selection screen, SYS160D1-01, to add multiple customer tax exemption declarations, or to select a customer declaration to print, view, or maintain.

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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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