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George Moroses
/ Categories: Infor LX & BPCS Tips

Infor LX & BPCS Tip: Automated Approach to Your Cash Application Process with ARP

Advanced Remittance Processing, ARP, provides an automated approach to your cash application process. ARP works together with Accounts Receivable to save valuable time and resources by automatically applying incoming payments to open receivables during daily batch processing. You can easily and efficiently resolve unapplied remittances online.

Advanced Remittance Processing (ARP) is an automatic cash application process that allows you to perform the following functions:

  • Receive lockbox deposits electronically from your banks on the day the payments are deposited
  • Automatically apply the majority of the day's receipts to open items in accounts receivable in one batch process
  • Perform online disposition of exceptions the system encounters during the automatic cash application process
  • Generate a complete set of daily reports and maintain historical deposit and payment information online to allow you to audit all cash applications

The ARP automatic cash application process can be summarized in a series of operations that highlight the labor savings provided. ARP processing requires some setup to ensure that the process operates as efficiently as possible.

ARP allows you to perform the following operations:

  • Receive/Edit Bank Transmission of Lockbox Deposits
  • Identify/Assign Customer Numbers
  • Select Customer Open Items
  • Summarize Open Items Extracted
  • Check Application Against Open Items
  • Produce Reports Recapping Check Application Process
  • Create Disposition and On-Account Payment Records
  • Report Check Differences
  • Create Applied Checks Interface Records to Accounts Receivable
  • Flag Disposition Records as Temporarily Paid on Ledger File
  • Update A/R Ledger and Audit Files
  • Open Item Extraction

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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

There has been a recent porting set change due to Infor’s Product Life Cycle Policy.  

How to determine the maintenance stage of an Infor LN product version and release

Before a customer starts deploying Porting Set 9.4a or a later release, they must determine the actual maintenance stage of their Baan / Infor LN product. The definition of the maintenance stages for the product versions and releases of all versions of Baan and Infor LN are outlined in the Product Support schedule as published in the PLC policy. The maintenance stage of the ERP version is either “Mainstream Maintenance”, “Extended Maintenance” or “Sustaining Maintenance”.

How to manage Porting Set updates

The following conditions apply to customers who intend to upgrade to Porting Set 9.4a or later Porting Set releases:

Don’t laugh! I know, I know…many of our customers say that after 7-10 years they are finally settling in after the implementation! We have seen many a customer stretch out the lifespan of their ERP system to 20+ years. That sounds great for the company’s bank account, but is it good for the business?

An outdated ERP system hurts your business in many ways, not just with slow performance. The best-of-breed functionality is now 2 decades old, and obsolete technology can't leverage newer technology. Lack of integration leads to siloed data that hurts communication and your internal teams feel the pain, and your customers are noticing. Poor visibility into your operations makes it nearly impossible to achieve industry-based regulatory compliance and meet financial auditing requirements. Not to mention the sheer size of Big Data that is being collected today vs. 2 decades ago or the fact that your vendor is no longer supporting your ERP version.

Let’s scrap it all and start over!...

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