In order to communicate effectively as a team, everyone needs to speak the same language and operate off the same playbook. If decisions are made based on the data or the view of data that individuals are maintaining through their own spreadsheets or other data silos, then communication is negatively impacted. Manufacturers need to review… […]
Read More… from Infor LN & Baan: BIG DATA – Keeping Track of Key Metrics
In order to communicate effectively as a team, everyone needs to speak the same language and operate off the same playbook. If decisions are made based on the data or the view of data that individuals are maintaining through their own spreadsheets or other data silos, then communication is negatively impacted. Manufacturers need to review… […]
Read More… from Infor LX & BPCS: BIG DATA – Keeping Track of Key Metrics
Spending time on managing ERP data can deliver huge benefits, not just in reducing storage costs, but also in improving the experience of business users. Proactively managing application data also helps accelerate key business processes which has a positive impact on customers, suppliers, and partners. Use these solutions to reduce the data growth and disk… […]
Read More… from Infor LN & Baan Tip: How to deal with data growth of your ERP system…
What would you say to someone if they never went to a doctor for a check-up, or never took their car in for regular maintenance, like an oil change? You might say that they were asking for problems, right? The point of those check-ups is to catch a problem early, or better yet before it… […]
Read More… from Check-Ups are important… Including Infor LN & Baan ERP Check-Ups!
What would you say to someone if they never went to a doctor for a check-up, or never took their car in for regular maintenance, like an oil change? You might say that they were asking for problems, right? The point of those check-ups is to catch a problem early, or better yet before it… […]
Read More… from Check-Ups are important… Including Infor LX & BPCS ERP Check-Ups!
The Return Material Authorization process, RMA, controls and monitors the return of goods. Infor LX generates an RMA which mirrors the terms and conditions of the return. You can copy the RMA from a processed invoice or create it independently of an existing order. If you copy an invoice to create an RMA, Infor LX… […]
Read More… from Infor LX & BPCS Tip: Return Material Authorization (RMAs)
An ACR system parameter allows you to specify whether to measure invoice age from the date on which you create the invoice, invoice date, or the date on which the invoice is due. You can set up a separate terms code for each customer on the system to set the basic terms of payment for… […]
Read More… from Infor LX & BPCS Finance Tip: AR Aging
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… […]
Read More… from Infor LN & Baan Finance Tip: What Can You Do in the Financial Statements Module?
Use the Invoice Level Inquiries program, ACR300D7, to perform online customer account receivable inquiries and to perform write-off transactions on open invoices. The inquiries display customer master file and credit information, open and closed invoices, debits, credits, payments, and dunning statuses. Additional detail information is available, such as original prefix and document number, customer order… […]
Read More… from Infor LX & BPCS Finance Tip of the Week: Invoice Level Inquiries – ACR300D7
The validation compares the order quantity and price from the purchase order, the quantity received from the ITH record, and the quantity and price on the vendor invoice. The PO, the receipt, and the invoice are the three “legs” of a 3-way match. If all three match, you have a valid invoice transaction. If the… […]
Read More… from Infor LX & BPCS Finance Tip: 3-Way Match – A validation step when paying vendor invoices in ACP500