A cash flow statement provides a historical view of the movement of cash within a company. This statement offers an overview of both the origins and destinations of cash, aiding management in evaluating the company’s ability to fulfill short-term financial obligations. To differentiate between various sources and uses of cash, reason codes can be utilized.… […]
Read More… from Infor LN & Baan Tip: Cash Flow Functionality and Setup
When there are two Cost Items, one with Release to Warehousing applied and the other with Release to Warehousing not applied, upon approval of the Sales Order, the Cost Item that is released to Warehousing will go straight to Staged status, pending Shipment confirmation, while the Cost Item that is not released to Warehousing will… […]
Read More… from Infor LN & Baan Tip: Considerations for Release to Warehousing for a Cost Item
Is there a procedure for changing an item’s inventory unit? What conditions must exist before it can be done? Once inventory transactions (receipts or issues) have occurred for an item, the inventory unit cannot be changed. If only orders have been placed against the item (sales or purchase), the inventory unit can be changed if… […]
Changing an item from serialized to not serialized can only be done by unchecking the Serialized flag in session Item – General (tcibd0101s000). The conditions for this are: On Hand inventory is 0.00 On Order inventory is 0.00 Allocated inventory is 0.00 There are no records in the Inventory Transactions by item (whinr1510m000). Instead of… […]
When a sales order is canceled, the outbound order line/advice cannot always be deleted because of the status. In that case, the outbound line and shipment must be finalized according to the order procedure. It will however not be possible to ship the goods, the shipment needs to be confirmed with quantity 0. 89501 Rate… […]
How do I assign an unallocated payment to a purchase invoice when the document dates are not the same? When trying to assign an unallocated payment , it is possible that the purchase invoice is not displayed in session Assign Unallocated / Advance Payments to Invoices (tfcmg2106s000), even though it is showing in the open… […]
Read More… from Infor LN & Baan Finance Tip: Unallocated Payment
You may be wondering if it’s necessary to have separate item codes for incoming and outgoing subassemblies. No, it is not necessary to have separate item codes for incoming and outgoing subassemblies, but it is recommended. In theory, you could have only one item code with the description subassembly and use the same item code… […]
Read More… from Infor LN & Baan Tip: Separate item codes for incoming & outgoing subassemblies
The porting set consists of the executables, located in the $BSE/bin directory, and shared libraries located in the $BSE/shlib. Apart from bug fixes, performance enhancements are also made to the porting set, and new features are implemented. The latest porting set is compatible with the supported versions of the ERP application. Therefore, it is recommended… […]
Read More… from Infor LN & Baan Tip: Why it’s important to stay on a current porting set
Is it necessary to remove existing tax transaction lines when changing payment terms on a purchase invoice? If the Level of tax calculation is set to Transaction Line and the Tax Transaction Lines already exist, it is necessary to remove existing transactions in order to update the Payment Terms. Otherwise, the payment terms will not… […]
Read More… from Infor LN & Baan Tip: Payment Terms on a Purchase Invoice
How many are you missing in your process? The reconciliation process of the Goods Received Not Invoiced (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… […]
Read More… from Infor LN & Baan Tip: 15 Reconciliation Steps for GRNI Transactions