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George Moroses

Infor LX / BPCS Tips & Tricks for FINANCE: Cost Rollup by Effective Date

Enhance your cost rollup processes by loading standard costs from routing and cost rollup programs as of a specified effective date. This new feature allows you to set an effective date parameter in the CST500 and CST600 programs, ensuring only relevant bill of material components and routing operations are considered.

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Tips:  LX | BPCS | M3

Job costing based on standards is great, but what if reality doesn’t match up to that?

What if jobs are really taking twice as long, and you don’t know that? What if jobs are taking ½ as long as you think, but you’re scheduling based on how much time they “should” take? Either way, you’re losing money and productivity. Getting a handle on start/stop times for jobs, and therefore the total amount of time actually spent allows you to take proper action and be more productive.

 

Optimize Your Manufacturing Today!

The Facility Period Close process was introduced in Infor LX 8.3.4 and has been enhanced in 8.3.5. This feature allows continuous or 24-hour worldwide operations in multiple facilities to submit Period End Close jobs for each facility as daily operations cease, or shifts end.

This enhancement provides a batch mode for the Facility Period Close (INV930) process and allows the Update IIM Inventory from IWI (INV931) process to be submitted from the INV930B program. The enhancement also provides a batch mode for the INV931 process.

Optimize Your Manufacturing Today!

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Tips: LN | Baan

Table Timestamp Definitions (ttadv4136m000)

Use this session to define timestamps for Infor LN tables. A timestamp is an additional column that stores the date and time of the last change for each record.

Timestamps are utilized by features like the extraction logic of CPM Enterprise Analytics. They enable CPM to perform incremental data extractions. For example, CPM can use the timestamps to extract records that were changed during the last week in a weekly extraction process.

To Create Timestamps...

Operations: To absorb the cost of cost items into specific projects, you'll need to handle them as customized items. However, cost items cannot directly be defined as customized items. Customized items must be physical, either manufactured or purchased.

That said, it's still possible to absorb cost items into a project, although indirectly. Here's how:

  1. Set Up Ledger Account: First, create a new ledger account in session tfgld0508m000 and set the type to "PCS" (project) in the operations management integrations. This account will be used for matching and approving purchase orders for cost items.

  2. Create and Activate Projects: Ensure that the necessary projects are created and set to active status.

  3. Purchasing Cost Items...

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