Infor LN Baan Tips Archives - Page 10 of 37

Infor LX / BPCS & Infor LN / Baan Tip: A New Wave of Cyber Attacks: Five Actions to Take Now

In the ever-evolving landscape of manufacturing, cyber threats have become a formidable challenge, with a notable spike in ransomware attacks catching many off guard. These sophisticated attacks deploy tactics that are often new and bewildering to manufacturers, pushing the boundaries of what we thought we knew about cybersecurity in the industry. Let’s dive into how… […]

Infor LN & Baan Tip: Navigating the Complexities of Surcharges on Phantom Items in Manufacturing

Is it ok to define surcharges on phantom items? It is advised not to use surcharges on phantom items for the following reasons: The usage of phantom surcharges makes it, in general, more difficult to understand, verify, and explain the result of the cost price calculation. Real phantom items do not exist in real life.… […]

Infor LN & Baan Tip: What is the GRNI Reconciliation Process?

What is the GRNI (Goods Received Not Invoiced) Reconciliation Process? The reconciliation process of the GRNI transactions consists of the following steps: Close the financial period so that no new transactions can be entered. Print the trial balance. Print a report of the invoices to be received. Compare the reports. Print the reconciliation data. Examine… […]

Infor LX / BPCS & Infor LN / Baan Tip: Time for the Notorious TRIO: Manual – Physical – Inventory

While it might be accurate (and I emphasize “might”), is a Manual Physical Inventory the optimal approach? Best practices unequivocally say otherwise! A superior alternative is the adoption of Cycle Counting. Why choose Cycle Counting over a complete physical inventory? This method zeroes in on a selected stock range, allowing concurrent execution with a company’s… […]

Infor LN & Baan Year-End Processing Checklist for Period and Fiscal Year Closure

The conclusion of the fiscal year is inevitably a hectic period, making it crucial not to overlook essential tasks within your ERP system to ensure a seamless year-end close and set the stage for a successful start to the upcoming year. Below are critical items to include in your comprehensive checklist: Year-End Close Process: Remove… […]

Infor LN & Baan Tip: When is backflushing disabled in LN?

There are restrictions for the use of the field Allow Backflushing:/ Item – Production by Site (tiipd0151m100) The option is unavailable if the option Direct Initiate Inventory is set. Serialized items can only be backflushed if in the Items – Warehousing (whwmd4500m000) details session the Serials in Inventory check box is cleared, and the Register… […]

Infor ERP Tip: Did you know that you can e-file your 1099s simply and easily?

It’s almost that time of year – AND with Crossroads RMC and Avalara, you can e-file your 1099s and other forms simply and easily! If you plan to e-file more than 2,500 forms this year, please let us know and we’ll connect you with our Avalara representative for custom pricing. Otherwise, the link below is… […]

LN & Baan Tip: Unlocking Efficiency: Embrace Cycle Counting for Smoother Inventory Management

When it comes to inventory management, the term “Manual Physical Inventory” might sound accurate, but it’s not the best practice by any means. Instead, consider implementing “Cycle Counting” as a more efficient approach. Why choose Cycle Counting over a full physical inventory? The key advantage is that Cycle Counting allows you to focus on counting… […]

Infor LN & Baan Tip: Why was the session “General Ledger Diagnostics Workbench” built?

Any problem noticed and solved before the period closing will reduce the time and pressure during the actual period close itself. So, the General Ledger Administrator can be assisted in his/her daily tasks by viewing and addressing any issues via the “General Ledger Diagnostics Workbench” (tfgld1590m000) session. The general ledger administrator needs to complete the… […]

Infor LN & Baan Tip: All About Invoicing Methods

Invoicing Methods are a set of parameters that define the types of orders and order lines that can be collected on an invoice, the type of invoice to be generated and the costs to be aggregated on Project invoices and Service invoices. If options to combine tax codes, departments, sales representatives’ line of business area,… […]