Inforln.com Infor LN training material: How to use new Accounts Payable and Cash Management functionality to speed up purchase invoice matching and payment processing through automation.
To contact the author Dan Aldridge, send an e-mail to info@i-app.com or call Performa Apps at 703.251.4504. Performa Apps LN consultants are available for LN implementations, training engagements and ERP project management.
For more enterprise software presentations and content, visit us at http://inforln.com.
The document discusses the processes and functionality of the accounts payable module in Infor LN, including receiving and authorizing invoices, matching invoices to purchase orders or packing slips, approving invoices in batches, and linking invoices to general ledger accounts. It also covers self-billed invoices, payment schedules, problem invoices and suppliers, and using hold reasons to block invoices from automatic payment.
Infor LN training material: LN has a completely new Invoicing 360 module that has all the billable (shipped not invoiced) lines from the various operations modules (Sales, Service, Projects, etc.) all on one screen. Here you can print draft invoices, pick and choose which shipments to invoice and filter by customer or sales rep. You can also see all the invoiced lines along with the items, orders, shipments, etc. and export them to Excel for easy sales reporting.
For more enterprise software and manufacturing ERP presentations, visit us at http://inforln.com
http://inforln.com: Infor LN training material: Financial Integrations mapping has been completely re-designed from Baan to LN. Not only is the set-up much easier (everything from one session), you can use ranges of ledger accounts and choose from a wealth of integration elements. You can also keep up to 5 reconciliation data elements to run reconciliation reports and put the data right into Excel.
For more enterprise software and manufacturing ERP presentations, visit us at http://inforln.com.
This document summarizes an automated invoice processing solution offered by DataBank IMX. The solution digitizes invoices upon receipt, extracts key data using optical character recognition, and verifies the data against purchase orders. This streamlines approval workflows and eliminates manual data entry. Extracted invoice images and data are delivered to clients securely overnight via FTP.
The document provides an overview and objectives for an Accounts Payable transaction processing course. It defines key AP terms, describes the AP process and invoice processing, and outlines how to enter and display invoice documents. It also reviews how to park and display parked invoices and credit memos. The course will cover viewing lists of invoices, parking documents, and displaying parked documents.
The document provides an overview of the procure to pay (P2P) process, including its objectives and key stages. It describes the inputs, stages, and outputs of the P2P process. The main stages covered are purchase requisition, vendor management, purchase order, receiving of goods, invoice receipt, and payment. It also discusses objectives of the P2P cycle such as efficient planning, purchase controls, time management, production controls, and vendor selection and management.
Learn more about the accounts payable process & its related procedures. Find out the importance & challenges involved in accounts payable processing.
https://nanonets.com/blog/accounts-payable-process/
This Document provides a brief overview of the Accounts Payable (AP) function in an Organisation. This also include the journal entries of AP transactions.
The document discusses the processes and functionality of the accounts payable module in Infor LN, including receiving and authorizing invoices, matching invoices to purchase orders or packing slips, approving invoices in batches, and linking invoices to general ledger accounts. It also covers self-billed invoices, payment schedules, problem invoices and suppliers, and using hold reasons to block invoices from automatic payment.
Infor LN training material: LN has a completely new Invoicing 360 module that has all the billable (shipped not invoiced) lines from the various operations modules (Sales, Service, Projects, etc.) all on one screen. Here you can print draft invoices, pick and choose which shipments to invoice and filter by customer or sales rep. You can also see all the invoiced lines along with the items, orders, shipments, etc. and export them to Excel for easy sales reporting.
For more enterprise software and manufacturing ERP presentations, visit us at http://inforln.com
http://inforln.com: Infor LN training material: Financial Integrations mapping has been completely re-designed from Baan to LN. Not only is the set-up much easier (everything from one session), you can use ranges of ledger accounts and choose from a wealth of integration elements. You can also keep up to 5 reconciliation data elements to run reconciliation reports and put the data right into Excel.
For more enterprise software and manufacturing ERP presentations, visit us at http://inforln.com.
This document summarizes an automated invoice processing solution offered by DataBank IMX. The solution digitizes invoices upon receipt, extracts key data using optical character recognition, and verifies the data against purchase orders. This streamlines approval workflows and eliminates manual data entry. Extracted invoice images and data are delivered to clients securely overnight via FTP.
The document provides an overview and objectives for an Accounts Payable transaction processing course. It defines key AP terms, describes the AP process and invoice processing, and outlines how to enter and display invoice documents. It also reviews how to park and display parked invoices and credit memos. The course will cover viewing lists of invoices, parking documents, and displaying parked documents.
The document provides an overview of the procure to pay (P2P) process, including its objectives and key stages. It describes the inputs, stages, and outputs of the P2P process. The main stages covered are purchase requisition, vendor management, purchase order, receiving of goods, invoice receipt, and payment. It also discusses objectives of the P2P cycle such as efficient planning, purchase controls, time management, production controls, and vendor selection and management.
Learn more about the accounts payable process & its related procedures. Find out the importance & challenges involved in accounts payable processing.
https://nanonets.com/blog/accounts-payable-process/
This Document provides a brief overview of the Accounts Payable (AP) function in an Organisation. This also include the journal entries of AP transactions.
This document outlines an accounts receivable process for a company. It involves collecting a 50% deposit upfront from new clients in the form of a check or credit card. If payment is declined, work is discontinued or alternate payment is sought. After design work is completed, an invoice is sent for the remaining 50% balance. If not paid within 30 days, the account is sent to collections. Production only begins once full payment is received.
A strong supply chain consisting of reliable sourcing partners accelerates the growth of successful enterprises. To build successful supplier relationships, each enterprise ensures to make fast payments for vendor invoices received. The vendor invoice can be divided primarily into PO invoices(having reference Purchase Order) and Non-PO Invoice(Vendor generated without any PO reference). To reduce average receipt-to-invoice cycle time, Accounts Payable teams use different digital tools such as ERP, A/P automation tools, and lately even ServiceNow to replicate invoice approval workflow. In this presentation, we will learn the difference between PO & Non-PO invoices, and understand the best practices to implement a successful invoice approval workflow process using the ServiceNow platform.
Best practices for automating invoice Approval Process for PO vs. Non Po Invo...Aavenir
From invoices collection and entering invoice data to approvals and payments – each step in the accounts payable has its own challenges. Take a peek at how AI-powered invoice data capture and processing can optimize AP processes. https://aavenir.com/best-practices-automating-invoice-approval-process-for-po-vs-non-po-invoices/
Accounts payable and receivable introductionsAltacit Global
The document discusses accounts payable and receivable processes. It describes accounts payable as money owed to creditors for goods or services purchased on credit. The accounts payable process involves verifying vendor invoices by matching them to purchase orders and receipts. Accounts receivable is money owed by customers who purchased goods or services on credit. Companies must monitor accounts receivable aging and estimate uncollectible amounts to maintain accurate financial reporting.
Oracle Revenue Management Cloud Services | what is ORMB? | revenue management...CLTConsultingService
Webinar on Oracle Revenue Management Cloud Services
Every Oracle ERP Professional need to know about Revenue Management Cloud Services
Agenda
What every ERP Consultant to know about RMCS
Why RMCS/Concept
Benefit of RMCS
RMCS Configuration
User Case
Business Flow
Follow KnowOracle-
KnowOracle Facebook Group:- https://www.facebook.com/groups/KnowOracle/
Oracle ERP Coach Facebook Page:- https://www.facebook.com/CloudERPCoach/
KnowOracle Linkedin Group:- https://www.linkedin.com/groups/8616115/
Oracle Fusion Payables allows users to create invoices, process payments, and manage vendor transactions more efficiently. Key features include an enhanced user interface, invoice creation through scanned images, configurable dashboards, and integration of features from Oracle's other applications. The document outlines the setup and configuration options for invoices, payments, payment terms, and payment process requests in Oracle Fusion Payables.
Lecture 21 expenditure cycle part i - accounting information systesm james ...Habib Ullah Qamar
the expenditure cycle, the physical phase, financial phase, the purchases system, the cash disbursement system, conceptual revenue cycle, manual revenue cycle and computer based accounting information systems
The document describes Infor LN's new credit and rebill functionality. It allows users to cancel an issued invoice if an error is noticed, create a credit note to close the original invoice, and generate new billable lines that can be re-invoiced. The solution overview, details of master data, conditions, process, and limitations are covered. A demo of the credit and rebill process is also provided.
The document describes key processes in accounts receivable (AR) management in SAP, including master data, credit management, invoice processing, cash receipting/payments, account analysis and reconciliation, and periodic processing and reporting. It outlines the main sub-processes and transactions involved at a high level, such as maintaining customer master records, defining credit limits, parking and posting invoices, handling payments and down payments, and producing reports to analyze accounts.
This document outlines the accounts receivable process for a new project. It involves collecting a 50% deposit upfront via check or credit card. If payment is declined, alternative payment is sought. Upon completing the work, an invoice is sent for the remaining 50% balance. If not paid within 30 days, the account is sent to collections. Production only proceeds if payment is made upfront.
Overcoming the Top 7 Intercompany Accounting Challenges in SAP ERP FinancialsSAPinsider Events
View this session from Financials 2015 in Las Vegas. Coming to Europe! www.Financials2015.com
Overcoming the Top 7 Intercompany Accounting Challenges in SAP ERP Financials by David Cohen, EY
This session will outline and provide resolutions for the seven most common intercompany accounting challenges that companies face within the areas of sale of products, charge of services, AP/AR reconciliation, profit elimination, assets transactions, and month-end closings. By attending you will receive:
- Practical examples on the most effective ways to use standard functionality of SAP ERP, SAP BusinessObjects BI, and SAP HANA to alleviate these issues
- Examples of overcoming difficulties in implementing asset transactions across borders, such as purchase and leasing
- Alternatives to performing inter-company profit elimination
- Lessons for configuring and running your month-end close
Sap s4 hana 1709 what's new in central financeEdwin Weijers
The document discusses new features in SAP S/4HANA 1709 for central finance. It introduces Fiori apps for drill-back to source documents. It describes central accounts payable and receivable management, including options for replicating open items and payment statuses. The document also covers an enhanced VAT/tax configuration check for centralized payments and real-time replication of tax customizing.
Newgen offers an accounts payable automation solution that features configurable workflows, data capture, approvals, and integration with ERP systems. It addresses challenges with manual invoice processing like handling multiple invoice formats and sources. The solution provides visibility into the accounts payable process and exceptions handling. It allows processing of invoices to be paperless with imaging and receipt of invoices via email and fax. Reporting and dashboards give management oversight of key performance indicators. The solution aims to streamline invoice processing and provide controls, accountability, and reduced turnaround times.
The document discusses the new Cost Breakdown Structure (CBS) feature in Oracle Projects R12.2. The CBS provides an additional element to project structures to track cost elements. It must be configured by creating CBS categories and cost attributes, then enabling the CBS on projects and selecting the active structure. Using CBS, resources can be assigned to cost codes and workplans, financial plans, and actuals can be viewed and entered by task or cost code.
This document provides solutions to discussion questions and problems from chapters 1-5 of the textbook "Accounting Information Systems (13th Edition)" by Romney and Steinbart. It addresses topics such as the value of information, systems development techniques, relational databases, and computer fraud. The solutions describe key concepts, provide examples, and involve applying the material to hypothetical business scenarios and accounting systems. The document is intended to help students learn by reviewing answers to questions about AIS topics covered in the early chapters of the textbook.
The document discusses the accounts receivable process in SAP. It begins with an overview of the process from shipment of goods to customer billing and payment receipt. It then covers the key concepts of clients, chart of accounts, legal entities, and business areas. The remainder discusses master data, including the customer master record which contains general, accounting, and sales data at the client and company code levels. It also describes the reconciliation account and how payment transaction and dunning data are set up on the customer master record.
One wasteful place where money flows out the door in small businesses is in late fees. Invoices get paid late when they are out of sight. Having an accounts payable process in place that includes visual cues can reduce, even eliminate paying fees, fines and penalties associated with missed or past due invoices.
Changes in financial reporting requirements have transformed the fixed asset accounting framework. International Financial Reporting Standards (IFRS) require fixed assets to be recorded at cost, but there are two accounting models – the cost model and the revaluation model. So what’s the difference, and when should you use each? This session will address fixed asset accounting and reporting under both models and how each is accounted for in Release 12.
Website: www.eprentise.com
Twitter: @eprentise
Google+: https://plus.google.com/u/0/+Eprentise/posts
Facebook: https://www.facebook.com/eprentise
The document describes the procure to pay workflow in SOD Technologies' ERP system. It includes steps for vendor management and selection, purchase orders, goods receipt, purchase invoicing, replenishment reports, payment to vendors, and updating accounts. The system aims to provide complete visibility and management across the procurement process through features like accurate forecasting, approval workflows, automated data processing for receipts, support for multiple currencies, and reporting on vendor performance and purchasing trends.
In Infor LN 10.4, the Dynamic Enterprise Modeler (DEM) has been completely redesigned using HTML5. To edit DEM process flows in earlier versions of Baan and LN you had to use the Enterprise Modeling Editor (EME) and Worktop. The new Enterprise Modeler has a modern, web-based interface and web modeling tools.
For more information on Infor LN consultants, contact Performa Apps at +1.703.251.4504 or Dan Aldridge at dan.aldridge@performaapps.com. We are on the Web at www.performaapps.com or www.inforln.com.
Baan 4 to Infor LN differences training on how to upgrade from Baan to LN. This presentation is for the new Warehousing functionality. If you still have Baan 4, FourthShift, Microsoft Dynamics GP, SAP R/3 or any other legacy ERP, then you might want to consider Infor LN. We specialize in Baan 4 to LN migrations but can handle upgrades from virtually any manufacturing ERP to the new Infor CloudSuites. For more information and how-to content, visit http://inforln.com or contact Dan Aldridge at 703.251.4504 for the full presentations.
This document outlines an accounts receivable process for a company. It involves collecting a 50% deposit upfront from new clients in the form of a check or credit card. If payment is declined, work is discontinued or alternate payment is sought. After design work is completed, an invoice is sent for the remaining 50% balance. If not paid within 30 days, the account is sent to collections. Production only begins once full payment is received.
A strong supply chain consisting of reliable sourcing partners accelerates the growth of successful enterprises. To build successful supplier relationships, each enterprise ensures to make fast payments for vendor invoices received. The vendor invoice can be divided primarily into PO invoices(having reference Purchase Order) and Non-PO Invoice(Vendor generated without any PO reference). To reduce average receipt-to-invoice cycle time, Accounts Payable teams use different digital tools such as ERP, A/P automation tools, and lately even ServiceNow to replicate invoice approval workflow. In this presentation, we will learn the difference between PO & Non-PO invoices, and understand the best practices to implement a successful invoice approval workflow process using the ServiceNow platform.
Best practices for automating invoice Approval Process for PO vs. Non Po Invo...Aavenir
From invoices collection and entering invoice data to approvals and payments – each step in the accounts payable has its own challenges. Take a peek at how AI-powered invoice data capture and processing can optimize AP processes. https://aavenir.com/best-practices-automating-invoice-approval-process-for-po-vs-non-po-invoices/
Accounts payable and receivable introductionsAltacit Global
The document discusses accounts payable and receivable processes. It describes accounts payable as money owed to creditors for goods or services purchased on credit. The accounts payable process involves verifying vendor invoices by matching them to purchase orders and receipts. Accounts receivable is money owed by customers who purchased goods or services on credit. Companies must monitor accounts receivable aging and estimate uncollectible amounts to maintain accurate financial reporting.
Oracle Revenue Management Cloud Services | what is ORMB? | revenue management...CLTConsultingService
Webinar on Oracle Revenue Management Cloud Services
Every Oracle ERP Professional need to know about Revenue Management Cloud Services
Agenda
What every ERP Consultant to know about RMCS
Why RMCS/Concept
Benefit of RMCS
RMCS Configuration
User Case
Business Flow
Follow KnowOracle-
KnowOracle Facebook Group:- https://www.facebook.com/groups/KnowOracle/
Oracle ERP Coach Facebook Page:- https://www.facebook.com/CloudERPCoach/
KnowOracle Linkedin Group:- https://www.linkedin.com/groups/8616115/
Oracle Fusion Payables allows users to create invoices, process payments, and manage vendor transactions more efficiently. Key features include an enhanced user interface, invoice creation through scanned images, configurable dashboards, and integration of features from Oracle's other applications. The document outlines the setup and configuration options for invoices, payments, payment terms, and payment process requests in Oracle Fusion Payables.
Lecture 21 expenditure cycle part i - accounting information systesm james ...Habib Ullah Qamar
the expenditure cycle, the physical phase, financial phase, the purchases system, the cash disbursement system, conceptual revenue cycle, manual revenue cycle and computer based accounting information systems
The document describes Infor LN's new credit and rebill functionality. It allows users to cancel an issued invoice if an error is noticed, create a credit note to close the original invoice, and generate new billable lines that can be re-invoiced. The solution overview, details of master data, conditions, process, and limitations are covered. A demo of the credit and rebill process is also provided.
The document describes key processes in accounts receivable (AR) management in SAP, including master data, credit management, invoice processing, cash receipting/payments, account analysis and reconciliation, and periodic processing and reporting. It outlines the main sub-processes and transactions involved at a high level, such as maintaining customer master records, defining credit limits, parking and posting invoices, handling payments and down payments, and producing reports to analyze accounts.
This document outlines the accounts receivable process for a new project. It involves collecting a 50% deposit upfront via check or credit card. If payment is declined, alternative payment is sought. Upon completing the work, an invoice is sent for the remaining 50% balance. If not paid within 30 days, the account is sent to collections. Production only proceeds if payment is made upfront.
Overcoming the Top 7 Intercompany Accounting Challenges in SAP ERP FinancialsSAPinsider Events
View this session from Financials 2015 in Las Vegas. Coming to Europe! www.Financials2015.com
Overcoming the Top 7 Intercompany Accounting Challenges in SAP ERP Financials by David Cohen, EY
This session will outline and provide resolutions for the seven most common intercompany accounting challenges that companies face within the areas of sale of products, charge of services, AP/AR reconciliation, profit elimination, assets transactions, and month-end closings. By attending you will receive:
- Practical examples on the most effective ways to use standard functionality of SAP ERP, SAP BusinessObjects BI, and SAP HANA to alleviate these issues
- Examples of overcoming difficulties in implementing asset transactions across borders, such as purchase and leasing
- Alternatives to performing inter-company profit elimination
- Lessons for configuring and running your month-end close
Sap s4 hana 1709 what's new in central financeEdwin Weijers
The document discusses new features in SAP S/4HANA 1709 for central finance. It introduces Fiori apps for drill-back to source documents. It describes central accounts payable and receivable management, including options for replicating open items and payment statuses. The document also covers an enhanced VAT/tax configuration check for centralized payments and real-time replication of tax customizing.
Newgen offers an accounts payable automation solution that features configurable workflows, data capture, approvals, and integration with ERP systems. It addresses challenges with manual invoice processing like handling multiple invoice formats and sources. The solution provides visibility into the accounts payable process and exceptions handling. It allows processing of invoices to be paperless with imaging and receipt of invoices via email and fax. Reporting and dashboards give management oversight of key performance indicators. The solution aims to streamline invoice processing and provide controls, accountability, and reduced turnaround times.
The document discusses the new Cost Breakdown Structure (CBS) feature in Oracle Projects R12.2. The CBS provides an additional element to project structures to track cost elements. It must be configured by creating CBS categories and cost attributes, then enabling the CBS on projects and selecting the active structure. Using CBS, resources can be assigned to cost codes and workplans, financial plans, and actuals can be viewed and entered by task or cost code.
This document provides solutions to discussion questions and problems from chapters 1-5 of the textbook "Accounting Information Systems (13th Edition)" by Romney and Steinbart. It addresses topics such as the value of information, systems development techniques, relational databases, and computer fraud. The solutions describe key concepts, provide examples, and involve applying the material to hypothetical business scenarios and accounting systems. The document is intended to help students learn by reviewing answers to questions about AIS topics covered in the early chapters of the textbook.
The document discusses the accounts receivable process in SAP. It begins with an overview of the process from shipment of goods to customer billing and payment receipt. It then covers the key concepts of clients, chart of accounts, legal entities, and business areas. The remainder discusses master data, including the customer master record which contains general, accounting, and sales data at the client and company code levels. It also describes the reconciliation account and how payment transaction and dunning data are set up on the customer master record.
One wasteful place where money flows out the door in small businesses is in late fees. Invoices get paid late when they are out of sight. Having an accounts payable process in place that includes visual cues can reduce, even eliminate paying fees, fines and penalties associated with missed or past due invoices.
Changes in financial reporting requirements have transformed the fixed asset accounting framework. International Financial Reporting Standards (IFRS) require fixed assets to be recorded at cost, but there are two accounting models – the cost model and the revaluation model. So what’s the difference, and when should you use each? This session will address fixed asset accounting and reporting under both models and how each is accounted for in Release 12.
Website: www.eprentise.com
Twitter: @eprentise
Google+: https://plus.google.com/u/0/+Eprentise/posts
Facebook: https://www.facebook.com/eprentise
The document describes the procure to pay workflow in SOD Technologies' ERP system. It includes steps for vendor management and selection, purchase orders, goods receipt, purchase invoicing, replenishment reports, payment to vendors, and updating accounts. The system aims to provide complete visibility and management across the procurement process through features like accurate forecasting, approval workflows, automated data processing for receipts, support for multiple currencies, and reporting on vendor performance and purchasing trends.
In Infor LN 10.4, the Dynamic Enterprise Modeler (DEM) has been completely redesigned using HTML5. To edit DEM process flows in earlier versions of Baan and LN you had to use the Enterprise Modeling Editor (EME) and Worktop. The new Enterprise Modeler has a modern, web-based interface and web modeling tools.
For more information on Infor LN consultants, contact Performa Apps at +1.703.251.4504 or Dan Aldridge at dan.aldridge@performaapps.com. We are on the Web at www.performaapps.com or www.inforln.com.
Baan 4 to Infor LN differences training on how to upgrade from Baan to LN. This presentation is for the new Warehousing functionality. If you still have Baan 4, FourthShift, Microsoft Dynamics GP, SAP R/3 or any other legacy ERP, then you might want to consider Infor LN. We specialize in Baan 4 to LN migrations but can handle upgrades from virtually any manufacturing ERP to the new Infor CloudSuites. For more information and how-to content, visit http://inforln.com or contact Dan Aldridge at 703.251.4504 for the full presentations.
Inforum 2014 Infor ERP differences training for Infor Ming.le, Infor Cloudsuites and Infor ERP LN. These presentations explain how to use new functionality enhancements in Infor LN 10.4 and other applications within the vertical industry Cloudsuites. There are Cloudsuites for Financials, Aerospace and Defense (A&D), Automotive, Industrial Machining and Equipment and other discrete manufacturing industries. If you still have Baan 4, FourthShift, Microsoft Dynamics GP, SAP R/3 or any other legacy ERP, then you might want to consider Infor LN. We specialize in Baan 4 to LN migrations but can handle upgrades from virtually any manufacturing ERP system to the new Infor CloudSuites. For more information and how-to content, visit http://inforln.com or contact Dan Aldridge, CEO of Performa Apps, at 703.251.4504.
Inforum 2014 Infor ERP differences training for Infor Ming.le, Infor Cloudsuites and Infor ERP LN. These presentations explain how to use new functionality enhancements in Infor LN 10.4 and other applications within the vertical industry Cloudsuites. There are Cloudsuites for Financials, Aerospace and Defense (A&D), Automotive, Industrial Machining and Equipment and other discrete manufacturing industries. If you still have Baan 4, FourthShift, Microsoft Dynamics GP, SAP R/3 or any other legacy ERP, then you might want to consider Infor LN. We specialize in Baan 4 to LN migrations but can handle upgrades from virtually any manufacturing ERP system to the new Infor CloudSuites. For more information and how-to content, visit http://inforln.com or contact Dan Aldridge, CEO of Performa Apps, at 703.251.4504.
The document provides an overview of the differences in non-conformance handling between Infor LN versions 10.3 and 10.4. Key changes in 10.4 include the addition of a quarantine functionality to support processes for handling non-conforming items during purchase, warehousing and production. The quarantine functionality allows for multiple quarantine locations and supports quarantine inventory planning. The document also reviews how to set up and use the new quarantine functionality for rejecting non-conforming production materials and end items.
Inforum 2014 Infor ERP differences training for Infor Ming.le, Infor Cloudsuites and Infor ERP LN. These presentations explain how to use new functionality enhancements in Infor LN 10.4 and other applications within the vertical industry Cloudsuites. There are Cloudsuites for Financials, Aerospace and Defense (A&D), Automotive, Industrial Machining and Equipment and other discrete manufacturing industries. If you still have Baan 4, FourthShift, Microsoft Dynamics GP, SAP R/3 or any other legacy ERP, then you might want to consider Infor LN. We specialize in Baan 4 to LN migrations but can handle upgrades from virtually any manufacturing ERP system to the new Infor CloudSuites. For more information and how-to content, visit http://inforln.com or contact Dan Aldridge, CEO of Performa Apps, at 703.251.4504.
Infor LN training material: Learn to use the beautiful new Infor Ming.le User Interface to do things like personalizing your LN screens, uploading journal entries, uploading cash transactions, updating data right from a spreadsheet, adding conditional formatting and SO much more. If you're on an older ERP like Baan, FourthShift, Epicor or SAP R/3 then you might not believe it!
Inforum 2014 Infor ERP differences training for Infor Ming.le, Infor Cloudsuites and Infor ERP LN. These presentations explain how to use new functionality enhancements in Infor LN 10.4 and other applications within the vertical industry Cloudsuites. There are Cloudsuites for Financials, Aerospace and Defense (A&D), Automotive, Industrial Machining and Equipment and other discrete manufacturing industries. If you still have Baan 4, FourthShift, Microsoft Dynamics GP, SAP R/3 or any other legacy ERP, then you might want to consider Infor LN. We specialize in Baan 4 to LN migrations but can handle upgrades from virtually any manufacturing ERP system to the new Infor CloudSuites. For more information and how-to content, visit http://inforln.com or contact Dan Aldridge, CEO of Performa Apps, at 703.251.4504.
Baan 4 to Infor LN differences training on how to upgrade from Baan to LN. This presentation is for the new User Experience enhancements. The presentation is in Webtop, soon to be updated for Ming.le. If you still have Baan 4, FourthShift, Microsoft Dynamics GP, SAP R/3 or any other legacy ERP, then you might want to consider Infor LN. We specialize in Baan 4 to LN migrations but can handle upgrades from virtually any manufacturing ERP to the new Infor CloudSuites. For more information and how-to content, visit http://inforln.com or contact Dan Aldridge at 703.251.4504 for the full presentations.
This document provides an overview of the differences between Baan IV and Infor LN (Lawson) systems. It describes architectural, functionality, and usability enhancements in Infor LN, including more flexible and dynamic forms, centralized inventory management, multi-company and multi-site capabilities, and improved availability and demand planning functions like ATP/CTP. Key elements like pricing, costing, inventory valuation, and warehouse management are also summarized.
Inforum 2014 Infor ERP differences training for Infor Ming.le, Infor Cloudsuites and Infor ERP LN. These presentations explain how to use new functionality enhancements in Infor LN 10.4 and other applications within the vertical industry Cloudsuites. There are Cloudsuites for Financials, Aerospace and Defense (A&D), Automotive, Industrial Machining and Equipment and other discrete manufacturing industries. If you still have Baan 4, FourthShift, Microsoft Dynamics GP, SAP R/3 or any other legacy ERP, then you might want to consider Infor LN. We specialize in Baan 4 to LN migrations but can handle upgrades from virtually any manufacturing ERP system to the new Infor CloudSuites. For more information and how-to content, visit http://inforln.com or contact Dan Aldridge, CEO of Performa Apps, at 703.251.4504.
Baan 4 to Infor LN differences training on how to upgrade from Baan to LN. This presentation is for the new ERP LN Multisite and Common Data functionality. If you still have Baan 4, FourthShift, Microsoft Dynamics GP, SAP R/3 or any other legacy ERP, then you might want to consider Infor LN. We specialize in Baan 4 to LN migrations but can handle upgrades from virtually any manufacturing ERP to the new Infor CloudSuites. For more information and how-to content, visit http://inforln.com or contact Dan Aldridge at 703.251.4504 for the full presentations.
Inforum 2014 Infor ERP differences training for Infor Ming.le, Infor Cloudsuites and Infor ERP LN. These presentations explain how to use new functionality enhancements in Infor LN 10.4 and other applications within the vertical industry Cloudsuites. There are Cloudsuites for Financials, Aerospace and Defense (A&D), Automotive, Industrial Machining and Equipment and other discrete manufacturing industries. If you still have Baan 4, FourthShift, Microsoft Dynamics GP, SAP R/3 or any other legacy ERP, then you might want to consider Infor LN. We specialize in Baan 4 to LN migrations but can handle upgrades from virtually any manufacturing ERP system to the new Infor CloudSuites. For more information and how-to content, visit http://inforln.com or contact Dan Aldridge, CEO of Performa Apps, at 703.251.4504.
This document compares Baan enterprise resource planning (ERP) software to Infor LN ERP software. It outlines several key differences between the two systems, including changes to architecture, functionality enhancements, improved usability, and lower total cost of ownership in the Infor LN system. The document also provides details on specific Infor LN features and modules such as enterprise planning, available to promise, dashboards, and multi-company inventory transfers.
The document outlines best practices for accounts payable processes. It discusses objectives like ensuring efficient invoice processing and timely payments. Key aspects covered include centralizing AP, maintaining accurate supplier details, processing vouchers and payments, performing period end closing activities, and using IT systems to support automation. Controls, performance metrics, trends toward greater automation, and critical success factors are also summarized.
1. Customer and vendor codes are stored at the client level, allowing any company code to use the codes.
2. Vendor invoice payments can be made manually or automatically through payment programs that use checks, wire transfers, or other payment methods.
3. Configuring the automatic payment program involves setting up payment transaction details, payment methods, bank account information, and payment runs.
1. Customer and vendor codes are stored at the client level, allowing any company code to use the codes.
2. Vendor invoice payments can be made manually or automatically through payment programs that use checks, wire transfers, or other payment methods.
3. Configuring the automatic payment program involves setting up payment transaction details, payment methods, bank account information, and payment runs.
The document describes various accounts payable processes at the University of Wisconsin. It outlines the invoice payment process, including invoice auditing, keying invoices into the system, verifying payments, editing and check printing. It also describes related processes like stop payments, payment corrections, international payments, vendor relations, pre-audit requisition auditing, emergency transaction processing, and direct charge processes. The main functional areas of accounts payable are invoice payment, stop payment, vendor relations, pre-audit, 1099 reporting.
The document outlines the key processes within the Accounts Payable department, including:
1) Invoice payment processes such as invoice auditing, data entry, verification, editing and check printing.
2) Related processes like stop payments, payment corrections, and payments made in foreign currencies.
3) Vendor relation processes including handling statements, past due invoices, disputes and adjusting incorrect payments.
4) The document provides flowcharts and descriptions of each step within each major process.
1) The document describes different types of invoices in account payables such as standard, mixed, credit memo, debit memo, prepayment, and expense reports.
2) It also discusses withholding tax functionality including tax codes, groups, and setting up withholding tax on supplier organizations.
3) Key changes from Oracle 11i to 12 are described, such as new tables for suppliers, invoices, taxes, payments, and accounting functionality moving to other modules like Subledger Accounting.
The document provides an overview of the key processes in SAP FI Accounts Receivable module, including master data maintenance, invoice processing, cash receipting/payments, account analysis and reconciliation, periodic processing like dunning, and reporting. It describes the main sub-processes, business transactions, and configuration settings involved in each step of the accounts receivable lifecycle in SAP.
Accounts payable notes provide definitions and explanations of key concepts related to vendor invoice processing and payment in SAP. This includes defining accounts payable, purchase orders, vendor master data, invoice posting, payment methods, and the automatic payment program (APP). The APP allows for automated multiple vendor payments and printing of remittance documents. Maintaining accurate vendor records and timely payments are important parts of managing cash flow and vendor relationships in SAP.
The document discusses the sales and collection cycle for auditing purposes. It identifies key accounts and transactions within the cycle. These include sales, accounts receivable, cash receipts, sales returns and allowances, bad debt expense, and write-offs of uncollectible accounts. It also describes the related business functions, documents, internal controls, and audit procedures for testing controls and transactions within the sales and collection cycle.
Account receivable ar incoming payment process in sapKrishnam Raju
1. The document describes the process for incoming payments in SAP, including payments from customers for products, projects, services, and exports.
2. Commercial creates a payment advice that is used by Finance to post payments in SAP using transaction code F-28.
3. Payments can be posted using the payment advice number or by selecting open invoices if no payment advice was created.
The document provides an overview of the key processes in SAP FI Accounts Payable, including:
1) Master data maintenance including vendor, account groups, and number ranges.
2) Invoice processing such as document entry, posting, special GL transactions, and foreign currency.
3) Payments and disbursements including payment programs, bank transfers, and account analysis.
The document describes the responsibilities of an Accounts Payable role, including auditing payment requests, processing vendor payments, reconciling various accounts, handling abandoned property, issuing 1099 forms, and providing customer service. Key duties involve ensuring compliance with policies and regulations, resolving issues, testing systems, and documenting processes. The position serves as a problem-solver, identifying and addressing issues to improve the accounts payable function.
Order to Cash Overview slides can be used for high level training for O2C Or Accounts Receivable department in any organization. Anyone can use it as standard template and make necessary changes for their use. This is not just for providing designed slides, I've included desired sample data which ideally should be a part of O2C Function overview & training deck. I believe design is just to make it look nice, important aspect is which relevant information/data to be included based on the topic.
If you like it, I would be happy to help you in further topics as these are readily available with me. In case it seems interested to you, do not forget to Like It and comment with your suggestion for improvisation.
Thanks
Koushik Bagchi
ikoushik@gmail.com
SAP S4HANA Billing and E-Invoicing for Customer Payments Joe Torres
SAP S/4HANA Cloud for customer payments provides functions for Electronic Bill Presentment and Payment (EBPP) within receivables processing
+ Invoice recipients can see their account balance and review their bills, credits or payments
+ Invoice recipients can initiate payments or download bills into their accounts payable system
+ Invoice recipients can dispute bills from the internet and collaborate with the biller (add attachments, notes)
+ They can view their master data – if they have changes, they can inform you in an offline process
+ Real-time integration between the SAP ERP backend system and the internet without any data redundancies
The document summarizes the current and future processes for account payables in 3 levels of detail. Currently, payables transactions like salaries, purchases, and expenses are recorded manually. Future processes will integrate supplier maintenance, invoice processing, payment processing, and period-end closing into an automated workflow within a new system. This will help match invoices to POs/contracts electronically and calculate payables aging automatically. However, gaps still exist between current and future processes that need to be addressed during implementation.
The document discusses the revenue cycle in accounting information systems. It describes the key tasks and functional departments involved in the revenue cycle, including generating journal vouchers for billing, inventory control, and cash receipts. It also outlines the typical documents, files, and flow of transactions for manual and computerized revenue cycle processes like sales order processing, sales returns, and cash receipts. Finally, it discusses how technology can automate or reengineer different parts of the revenue cycle through real-time processing, point of sale systems, and electronic data interchange.
The document outlines objectives for Chapter 4 which include understanding the revenue cycle process, functional departments involved and flow of transactions, documentation needed for auditing and reporting, risks and controls, and implications of technology automation. It then provides details on the typical revenue cycle processes including sales orders, returns, and cash receipts. It describes manual and automated approaches and how technology such as real-time processing, point-of-sale systems, and EDI can reengineer the revenue cycle.
This document discusses various aspects of fixed assets in SAP Business One. It begins by explaining how to enable the fixed assets solution in SAP Business One. It then discusses the life cycle of an asset master data record, including definition, activation through capitalization, depreciation, adjustments, and retirement. Key windows for asset master data, capitalization, depreciation, and retirement are shown. The document also discusses virtual fixed assets and how they can be used to capitalize identical assets in large quantities. It concludes by mentioning the asset depreciation forecast report, which simulates future depreciation for planning purposes.
The document provides guidance on preparing financial statements from a trial balance. It discusses balancing and closing ledger accounts to prepare the trial balance, statement of profit or loss, and statement of financial position. The key steps are to collect ledger account balances in the trial balance, use the trial balance to prepare the statement of profit or loss by rearranging income and expense accounts, and then prepare the statement of financial position by listing and rearranging the remaining asset, liability, and equity accounts along with the profit or loss for the period. The ledger accounts are then balanced off by inserting balancing figures to make debits and credits equal, and carrying balances forward to the next period.
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1. Infor ERP LN – AP and Cash Payments Overview
Dan Aldridge CEO Performa Apps
e-mail dan.aldridge@i-app.com
website www.inforln.com/wp
linkedin Dan Aldridge
twitter @Danaldridge1
4. Finance Training Agenda – Accounts Payable
Overview
Business Partners
Financial Customer Groups
Processing
Terms
Master Data
Parameters
Procurement Card
Purchase Invoice
Report Definition
Processing
Received Invoices
Invoice – Matching
Invoice - Cost
Recurring Purchase Invoices
Reporting
Open Entries
Dashboard
Aging Reports
Recalculate Invoice-From BP Balances
4
5. All supplier and/or all customer roles must be defined for a business partner
Ship
From
Accounts Payable
Business Partners
Pay
To
Invoice
From
Pay
By
Ship
To
Invoice
To
Supplier
Roles
Customer
Roles
Business
Partner
Invoice
To
Pay
By
Pay
To
Invoice
From
Sold
To
Buy
From
5
6. Supplier Buy-From:
BP Status
Language
Area
Line of Business
Address
Order Discount
Purchase Office
Terms of Delivery
Accounts Payable
Supplier Information
Supplier Invoice-From:
BP Status
Language
Address
Currency
Financial Supplier Group
Statement Method
Terms of Payment
Payment Method
Supplier Pay-To:
BP Status
Language
Address
Currency
BP Bank
Supplier Ship-From:
BP Status
Language
Address
Warehouse
6
8. Financial Supplier Group Information:
Control Account
Currency Profit & Loss
Payment Differences
Discounts
Late Payment Surcharges
Invoice Receipts
Anticipated Payments
Price Differences
Unallocated Payments
Advance Payments
Others
Accounts Payable
Financial Supplier Groups
8
9. PN4
Print Purchase Order
Print Good Rec. Note
Maintain Receipts
Print Claims
Maintain Approvals
Print Storage List
Print Return Notes
Print Purchase Inv.
Process Delivered
Purchase Orders
Accounts Payable
Purchase Order Steps
9
10. Accounts Payable
Cost Invoices
10
Purpose: To process invoices for (non-inventory) items
that were purchased without a purchase order.
No longer separate Transaction Type in LN.
Process Flow:
Maintain Transaction
Purchase Invoice Header
Purchase Invoice Lines
Optional:
- Change terms of payment.
- Attach payment schedule,
then create transactions
from schedule.
- Change authorization data.
11. Accounts Payable
Purchase Order Matching
11
Receive and Authorize Invoice
Register (Voucher) Invoice
Approve Invoice for Payment
Booking Difference
Approve Price Difference
Optional
Purchase Invoice Matching:
Automatic or Manual*
12. Received
Invoice has been entered in “Maintain Received Purchase Invoices” session
Registered
Invoice can be a batch in “Maintain Transactions” session. Ledger accounts will then be assigned
Matched
Invoice has been matched to Purchase Order and/or Receipt in “Match/Approve Purchase Approved
Invoice has been approved (authorized) in “Approve Purchase Invoices” session
Canceled
Invoice has been canceled in “Maintain Received Purchase Invoices” session
Accounts Payable
Keywords
12
13. Accounts Payable
Order Matching Differences
Booking Difference:
An additional invoiced amount.
Recorded as an add-on cost.
Enter G/L account and dimension code.
For example, freight, insurance, and so on.
Price Difference:
A true Purchase Price Variance (PPV).
The invoiced price is different than the PO price.
G/L account price variance (within tolerances).
G/L account result (outside tolerances).
13
18. Accounts Payable – Processing
Procurement Cards
Procurement Card processing is focused on corporate houses, where the
products are purchased using a corporate Procurement Card.
The buyer is not necessarily a regular buyer of goods
in the organization
18
19. Accounts Payable – Processing
Procurement Cards
Manually
Electronically
Purchase Requisition
Holiday Inn hotel EUR 850
Lufthansa EUR 1.400
Holiday Inn hotel EUR 850
Lufthansa EUR 1.400
EUR 2.250
Manually
Electronically
Match
•Manually
•Automatically
19
20. Accounts Payable – Processing
Procurement Cards
Procurement Cards
Procurement Card
Lines
Procurement card number
Procurement card company (business
partner)
Status / validation data
Credit limit
Line Category
Purchase requisition
Past adjustment
Others
Default ledger account
20
21. Accounts Payable - Processing
Received Invoices
Purpose:
To optionally preregister invoices without generating financial
transactions and opening A/P items.
Also includes authorization by different employees/departments for
further A/P processing.
21
23. Accounts Payable - Processing
Types of Matching
Register Invoice
Yes $ Receipt / $ Invoice - Tolerance No
Automatic Match
Complete
Price Difference
On FSG
Approve Invoice
Manual Match
23
24. Accounts Payable - Processing
Assign Credit Notes to Invoices
Now Later
Original Invoice
Transaction Type
One Credit Note
to One Invoice
One Credit Note
to Many Invoices
Reduces the Open
Balance of the Invoice
24
25. Accounts Payable - Processing
Recurring Purchase Invoices
Today Period 1 Period 2 Period N
25
35. Cash Management
Remittance based on cash application
Facilitates quick data entry
Does not restrict user with data consistency checks
Checks are done when applying the remittance advice
Reduction of cash application lead time
Options to easily handle:
Short payments
Over payments
35
36. Cash Management
Uninterrupted supplier payment process
Select Invoices for Payment
Payment Batch X1
Uninterrupted Payment Process
• Payment Created
• Financial Posting
Exception Error
Payment Batch X2
36
37. Cash Management
Uninterrupted payment/receipt process
Payment Process Defaults
Payment Process Defaults
by Bank/Payment Method
Devices
Starting Check
Senders Identity
File Identification
Device for Payments
37
38. Cash Management
Uninterrupted payment process
Error report during Payment
Process
Display of all exception errors
per payment batch
38
39. Cash Management
Accounting for anticipated payments
At
Check Run
Check
mailed
Check received by
Supplier and presented
to Supplier’s Bank
L E D G E R E N T R I E S
At
Bank Reconciliation
Check clears
your Bank
Debit Credit Debit Credit
Anticipated
Payments
Cash
Clearing
Accounts
Payable
Cash
Debit Credit
Anticipated
Payments
Cash
Clearing
39
41. Cash Management – Master Data
Parameters
Parameters
Payments by Company Group
Select Only Finalized Invoices
Payment Differences Tolerances
41
42. Cash Management – Master Data
Payment Authorizations
Payment Authorizations
Used to limit check writing to selected user along with
putting limits on size of payment.
42
43. Cash Management – Master Data
Payment / Receipt Methods
Payment / Receipt Methods
Separate Methods for:
Receipts
Payments – Checks
Payments – ACH
Checks Printing:
Multiple Checks
Single Check w/Remittance
Single Check with overflow
to Remittance.
43
44. Cash Management – Master Data
Check Master
Check Master
By Payment Method
Check Status:
Not Used
Test Print
Void
Damaged
Anticipated
Rejected
Paid
44
45. Cash Management – Master Data
Check Master
Reasons
Can be Added
to Payments
Valid for 1099-MISC
Yes / No
45
47. Cash Management – Processing
Supplier Payments
Supplier Payments
Based on Payment Batches
Created by session and modifiable.
Supplier total can not be negative.
Can be used for EFT or Checks
Use separate batches for EFT and Checks
Use different payment Methods.
Payments can be easily voided or rejected until cleared.
Payments not in GLD until Posted.
Automated clearing available with Bank Electronic file.
Requires set up of EBS import specifications.
Still requires manual processing for problem checks.
47
48. Cash Management – Processing
Supplier Payment Process
Documents
Select invoices for
payment
Payment advise
Trade Note
process
Automatic payment
process
Documents
File
Electronic
bank statement
Automatic
matching
Manual
bank statement
Reconcile
Change Trade Note
step
Open entries
48
49. Cash Management – Processing
Select Invoices for Payment
Select Invoices
Create Batch to pay
May be modified
Not Selected
Prints a report of
invoices NOT selected.
Helpful Hint:
You should print the
“Not Selected” report to
see what is still open.
49
50. Cash Management – Processing
Payment Advice
Payment Advice
Ability to modify
Payment Batch before
paying invoices.
50
51. Cash Management – Processing
Process Payments
Process Payments
Compose Payment
Assign Banks to Payment
Audit Payments
Create Payment Orders
Checks
ACH
Print Remittance Letters
Post Payments to GLD
By Payment Batch
51
52. Cash Management – Processing
IRS 1099 Reporting
IRS 1099 Reporting
Generates output for filing
1099s with IRS
Can be either:
Paper
Electronic
52
53. Cash Management – Processing
Customer Payments
Customer Payments
Manual process uses same session as Journal Vouchers
Uses “Cash” Transaction Type
Normally uses a “Checksums” for batch.
Automated process available with Bank Electronic file.
Requires set up of EBS import specifications.
Used with Lockboxes
Still requires manual processing for unmatched receipts.
53
54. Cash Management – Processing
Customer Payments
Physical Receipt of Cash, Check, etc.
Manual Receipts Direct Debits
OR $
Business Partner’s bank
is automatically charged
for a selected sales
invoice
Cancel Open Invoices
Advance Receipts
Receipts not specifically
Allocated to Open Invoices
Non-BP Related remittance for
Sundry Sales (Trans posted
Directly to GL)
54
55. Cash Management – Processing
Customer Payments
To process manual bank reconciliation entries, available Transaction
Types in the Bank Transactions (tfcmg2100m000) session include:
Receipt Transaction - The Bank
transaction type to process customer
receipts and payments for credit notes
State Bank & Trust
S T A T E M E N T
Deposits
7/12/99 $18000.00
7/18/99 $27889.77
Checks
7/23/99 $ 9987.00
7/30/99 $33887.65
7/01/99
7/06/99
7/07/99
7/07/99
7/08/99
7/09/99
$ 60.00
$ 14002.40
$ 232.09
$ 115.50
$ 1160.45
$ 22.00
325432
325438
325447
325448
325449
svc chg
55
56. Cash Management – Processing
Customer Payments
Journal - The Bank transaction type to process charges directly to the
general ledger (e.g., bank costs, bank service charges, and other
sundry charges)
Receipt Reconciliation - The Bank transaction type to process
anticipated receipts actually received by the bank
Unallocated Receipt - The Bank transaction type to process an
unallocated receipt not linked to an invoice. These amounts can be assigned
to open entries now (Assign Adv./Unall. Receipt under Specific), or at any
later date
Unallocated Receipt - The Bank transaction type to process an
unallocated receipt not linked to an invoice. These amounts can be assigned
to open entries now (Assign Adv./Unall. Receipt under Specific), or at any
later date
56
57. Cash Management – Processing
Customer Payments
Unallocated and advance receipts:
Create open cash amounts on the partners account after
they have been reconciled to the bank statement.
Advance receipt:
• Tax can be calculate tax on Advance Receipt.
Unallocated receipt:
• Tax can NOT be calculated on Unallocated Receipt.
57
Choosing which type of receipt to create depends on the business
situation and the local tax legislation requirements.