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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
/ Categories: Infor LN & Baan Tips

Baan / LN tip of the Week: approving a new tax code

Prior to approving a new tax code, the system displays a message, “An approved tax code cannot be changed anymore. Continue?” This is concerning to end users if they take the message literally. The user can answer “Yes” to the question as it refers to the tax details, not the rates or ledger accounts. A user can always change the tax rate and ledger accounts after it has been approved. All taxing authorities change rates periodically, so it is logical that these could be updated as needed.

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Kathy Barthelt

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Tips:  LX | BPCS | M3

Role-Based Security introduces Role type profiles and allows combining the use of Role profiles with the traditional LX User type security profile functionality. The new Role type profile can be defined to allow or deny access to All Products, Attention Key, Products, Programs, and Transaction Effects. Facility, Warehouse, and Company securities are still defined solely by the User profile settings and are not affected by the assignment of a Role. Where applicable, the Role authority is displayed alongside the User authority on the security profile maintenance screens making it easy to see where there are differences in authority between the User and the assigned Roles. 

When Users are assigned to Roles, security access in LX becomes a combination of authorities granted or denied by the Role, plus any User Exceptions. User Exceptions override authorities set by the Roles. A User can also be assigned to more than one Role.

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Tips: LN | Baan

Pros/Cons of Multi Finance / Single Logistic Company Set-Up


Pros
Each legal entity can have its own general ledger and balance sheet.
Income statements can be generated for the different enterprise units included in the logistics company.
Centralized operations – purchasing, sales, manufacturing, planning, warehousing, etc.
Logistics data visible to all logistics users – a pro if this is what is desired.
One BOM, Routing, and Cost for each item.

 

You may have started your setup of your ERP system one way, and have discovered over time that maybe it no longer fits how you need to do business. Here are some pros/cons to consider for a Single Finance / Multi-Logistic setup. 

 Pros
All accounting functions are centralized into one company.  One balance sheet is generated – even though multiple logistics sites are involved.  Income statements can be generated by logistic company via use of a Dimension to represent the logistic company.

Allows logistical functions to be decentralized within one legal entity – if this is what is desired.

Logistics data not visible across companies – pro if you do not want users to see other company’s data.

 

Cons

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