Finance Archives - Page 8 of 8

Infor LN & Baan Finance Tip: How to clear balances on invoices that will be moved to a new company

To clear out the balances of outstanding invoices that will be added into new companies or moved into new companies, credit notes could be created for them and have them linked to all the invoices of one customer/supplier. Another option is to run the session to Write Off Payment Differences for all the invoices that… […]

Infor LN & Baan Tip: Remove Posted Payment/Direct Debit Batches

The functionality of session Remove Posted payment batches tfcmg1259m000 and Remove posted Direct Debit batches tfcmg4259m000 is explained below: 1.These 2 sessions can be used to removed already posted payment/direct debit batches that have been processed through CMG Module. After the batches are changed to removed status they can be deleted also. 2. Only a… […]

Infor LX & BPCS Finance Tip: Items without costs, CST101D

This program generates an uncosted items listing for the specified facility and cost set. You can use this report as an exception listing to identify those items that are currently maintained at zero cost or new items that require entry prior to cost rollup in Cost Set Rollup, CST500. If a facility-specific component cost does… […]

Infor ERP Tip: Is your Infor ERP system up to date with all of the sales tax changes for 2021?

Want a way to ensure that your Infor ERP system is always using the correct tax rates? Here’s the tool to help: 2021 Sales Tax Rates Contact Crossroads RMC to learn how the Avalara – AvaTax integration can benefit your company. 800.762.2077 42702 Rate this article: 5.0 […]

Infor LN & Baan Tip of the Week: Year End for Finance

Year-End is always a busy time! So busy that it’s easy to forget things that must be done in your ERP system to close out the year properly and set you up for a good start to the following year. Here are some things to add to your to-do checklist. The year-end close process provides… […]

Infor LX & BPCS Tip of the Week: Year-End for Finance

Infor LN & Baan Tip of the Week: Reports to Analyze Company Performance

You know what data you need to analyze your company’s financial and production health, but sometimes it’s a struggle to get that data in a format that is meaningful. Here are some reports in Baan IV, Baan V, and Infor LN which you may find useful. As is the case with most ERP reports, with… […]

The Best Baan IV | Baan V | Infor LN Financial Reports to Analyze Company Performance

You know what data you need to analyze your company’s financial health, but sometimes it is a struggle to get that data in a format that is meaningful. Here are some reports in Baan IV, Baan V, and Infor LN which you may find useful. As is the case with most ERP reports, with each… […]

The Best BPCS | Infor LX Financial Reports to Analyze Company Performance

You know what ERP data you need to analyze your company’s financial health, but sometimes it is a struggle to get that data in a format that is meaningful. Here are some reports in BPCS & Infor LX which you may find useful. As is the case with most ERP reports, with each version progression… […]

Finance: How much time are you wasting on manual processes?

Time-consuming processes around month-end close, year-end close, AP matching, invoicing, account reconciliation, vendor payments, tax compliance, and more can weigh down a Finance team. Your business and your customers’ needs have changed and you are in a constant battle to keep up. It’s hard to know which area to tackle first and where the greatest… […]