Baan to Infor LN Differences Training Common Data and Multi-site New Concepts Dan Aldridge, Senior LN Finance Consultant, www.PerformaApps.com Phone: +1.703.251.4504 e-mail: dan.aldridge@performaapps.com Copyright © 2012. Infor. All Rights Reserved. www.infor.com Copyright © 2013. Infor. All Rights Reserved. www.infor.com 1 Infor LN: Parameters and Multi-Site Copyright © 2013. Infor. All Rights Reserved. www.infor.com 2 Building a Company in LN 3 Copyright © 2013. Infor. All Rights Reserved. www.infor.com 3 Audit Trail of All Parameter Settings 4 Copyright © 2013. Infor. All Rights Reserved. www.infor.com 4 Use Only What You Need…. 5 Copyright © 2013. Infor. All Rights Reserved. www.infor.com 5 And the New Concepts You Want…. 6 Copyright © 2013. Infor. All Rights Reserved. www.infor.com 6 Multi-Company • Several separate production companies are controlled in separate financial companies Factory A Finance 1 Finance 2 Factory C Factory B 7 Finance 3 Group Company Copyright © 2013. Infor. All Rights Reserved. www.infor.com 7 Finance - Multi Site Structure • Baan 5c ERP LN • Limited options for currency systems and no ability to mix across a multisite structure. • Can transfer and invoice across multiple logistics companies without EDI. • Transferring across logistic companies required buy/sell. • Internal EDI required to automate SO/PO relationship. • No “intracompany” relationships. • Limited invoicing and transfer pricing. • A financial company can have multiple enterprise units that have the same or different logistic companies. • Standard currency system and multiple functional currencies allows almost unlimited currencies within a multi-site structure. Can mix currency systems and create cross exchange rates. • Integration mapping schemes can be worldwide. Each enterprise unit in a financial company can have a separate mapping scheme and a divisional balance sheet (dimension accounting). • Within a multi site environment the enterprise units also allows for intercompany process to be generated using warehouse transfers with transfer price for transactions between 2 enterprise units . Doesn’t have to be different Finance companies. • Much more flexibility for centralized processing of sales invoicing, purchase invoice matching, journal entries, financial statements, etc. Copyright © 2013. Infor. All Rights Reserved. www.infor.com 8 Logistical structure Financial structure Multi-Site Capabilities – Pulling Together Globally Group Company Div 1 Cluster 1 Logistical 1 3 reporting, multiple functional cur/Fin Co Automatic Bi-Lateral Invoice Inter-company Whse Trans Div 2 New Div New Div Cluster 2 Cluster 3 Cluster 4 Logistical 1 Logistical 1 Entities: - Work Center - Warehouse - Sales office - Purchase office Automatic Europe Tri-Angular Invoice Customer Adding new company is easy: 9 Logistical 1 Create finance company, logistic company based on template with DEM, shared data & services in place. Copyright © 2013. Infor. All Rights Reserved. www.infor.com 9 Trend to single instance for lower TCO Enablers... Compliance for 40 countries 30 languages Cash… Shared IT Services •Reduce costs of hardware, facilities and headcount •Improve service and quality Multi-byte Unicode UTC date format Bi-Directional Table Sharing Tool 1 view on your operations •Increase revenue by improving customer service levels •Save cost by leveraging centres of excellence Copyright © 2013. Infor. All Rights Reserved. www.infor.com 10 Responding to Change – GLOBAL DEM – Shared Services 11 Copyright © 2013. Infor. All Rights Reserved. www.infor.com 11 Currency Systems Single External Dependent CAD 12 Independent CAD Reference Local/ Reporting * New in FP5: Standard CAD EUR USD USD EUR BRL USD Copyright © 2013. Infor. All Rights Reserved. www.infor.com 12 HUGE Change is New Standard Multi-Currency System • • • • • • • • • Not tied to Reference Currency Mixed mode for Dependent or Independent Multiple functional currencies Multiple translation methods Multiple rate determination methods Cross exchange rates Eliminate currency rounding problems User defined translation methods FSRS compliant (e.g., no revaluing history) Copyright © 2013. Infor. All Rights Reserved. www.infor.com 13 Finance – Multi Currency with SCS • Baan 5c • Limited functionality for Multi Currency in terms of currency systems. • No possibility to log additional functional currencies. • Forced use of “reference currencies” limited how many currencies could be used within a single multisite structure. • No ability to set direct exchange rates. Caused currency differences because of having to convert through reference. • Many reports such as trial balances, customer aging, supplier aging could not be printed in other currencies. • No financial statements to report from standard Baan. • No Multicurrency financial transaction export sessions for Excel. ERP LN • Allows for multiple currencies across financial companies as well as multiple currencies within each independent company. A company can have up to 3 currencies (home currency and 2 other reporting currencies) all transactions are kept in all 3 currencies for reporting. • Ability to use multiple “functional currencies”. • Dependant multi currency : which allows to translate a currency using a reference currency to then do the conversion to the home currency (ex: ECU, CAD, GBP using USD as reference currency to then convert to RUP as home currency). • Independent multi currency: this method does not use a reference currency converts from other currency to home currency • Standard: this allows for mix of dependant and independent currency system within the multi site environment • Gives ability to report in one currency across all companies as well as home currency within a financial company. Gives ability to reconcile or print financial reports in different currencies. • Financial statements allow Trial Balance to Excel by currency. • Financial transactions can be exported to Excel by GL, dim, currency. Copyright © 2013. Infor. All Rights Reserved. www.infor.com 14 Defining organization - Enterprise Units Finance Company 100 Finance Company 200 EU 1 Plant 1 15 EU 2 Logistic company 100 Plant 2 Copyright © 2013. Infor. All Rights Reserved. www.infor.com 15 Much More Flexibility w/ Inter, Intra Company Invoicing 200 Financial company Enterprise Unit (Location 1) WH SO PO Logistical 100 company 16 PP 300 Financial company Enterprise Unit 2 (Location 2) SO PP WH WH = Warehouse PP = Production plant PO = Purchase office SO = Sales office Logistical 400 company Copyright © 2013. Infor. All Rights Reserved. www.infor.com 16 New Enterprise Relationship Options • • • • • • • • • 17 Type of order for Enterprise Planning Type of internal invoicing Date driven relationships if change Internal Trade Details Direct delivery relationships EU to EU Relations within Fin Co. Internal subcontracting Internal invoice self-billing Dimension accounting (by EU/Division/Customer/IG, etc.) Copyright © 2013. Infor. All Rights Reserved. www.infor.com 17 New Internal Trade Details • • • • • • • • 18 Kind of Trade Generate Invoice or not Use Order Currency or Fin. Co. Subcontracting & Service Repair Pricing on Commercial or Actual Surcharge/Discount Price Labor for Service, Projects Price “Other Costs” with Surcharge Copyright © 2013. Infor. All Rights Reserved. www.infor.com 18 New EU to EU Relationships - Intracompany • • • • • • Date effectivity EU Relationship Category (you define) Date driven relationships if change Internal Trade Details for different types Type of order for EP (PO, transfer) Terms and Conditions (all New) for ownership, payment, etc. • Dimension accounting (by EU/Division/Customer/IG, etc.) 19 Copyright © 2013. Infor. All Rights Reserved. www.infor.com 19 Enterprise Setup – Departments from 1 Screen 20 Copyright © 2013. Infor. All Rights Reserved. www.infor.com 20 Enterprise Structure Model / Workbench Departments Warehouses Bus. Partners Projects 21 Copyright © 2013. Infor. All Rights Reserved. www.infor.com 21 Infor LN: Common Data, Items, Business Partners Copyright © 2013. Infor. All Rights Reserved. www.infor.com 22 Structure Common Data Tables: Calendars Item Base Data Sub-entities Logistic / Financial/ Taxes Common Data EMM General Data Company Addresses Employee B.P. 23 Copyright © 2013. Infor. All Rights Reserved. www.infor.com 23 New Common Data • • • • • • • • 24 Sales Territories Installment Schedules Industry Codes Credit Ratings (new functionality) Purchase Types Purchase Type Exceptions Sales Types Sales Type Exceptions Copyright © 2013. Infor. All Rights Reserved. www.infor.com 24 New Options on Financial Codes • • • • • • Collect on Shipments Payments on Shipments Print with Customer Item Code Print by Invoice Delivery Method Internal Invoicing Invoicing Method Changes on Fly in Invoicing 360 Copyright © 2013. Infor. All Rights Reserved. www.infor.com 25 Items Enhancements (Cont.) • Many more classification fields plus customer defined • Standard/custom combined • Export and import with Excel • Insert/modify from Excel (obeys access rules in DEM) • Better drill down from Items Copyright © 2013. Infor. All Rights Reserved. www.infor.com 26 Items Enhancements (360s, History) • Better visibility from 360 • Revision control • Mass Item Change • Serialization • Costing data by chart, date Copyright © 2013. Infor. All Rights Reserved. www.infor.com 27 Items Enhancements (Costing Data) • Item Costing Data much easier to access • Costing data by chart, date to split by cost component for Mfg. • New Valuation Methods (e.g., serials) • Actual Cost in Financials (e.g. COGS) Copyright © 2013. Infor. All Rights Reserved. www.infor.com 28 Items Enhancements (Inventory Recon.) • Financial Integrations by many item class fields • Reconciliation Data reports • Item valuation group • New inventory reports • Finalized transactions by Item, warehouse, etc. Copyright © 2013. Infor. All Rights Reserved. www.infor.com 29 Items Enhancements (Inventory Reporting) • Inventory Receipt Transactions to Excel • Variance analysis • MAUC tracking • Inventory consumptions (shipments) • Inventory valuation correction options Copyright © 2013. Infor. All Rights Reserved. www.infor.com 30 Business Partner Enhancements • • • • Lots more options by Business Partner – Ex Preset transaction/payment schedules Multiple BP roles, currencies, terms, etc. can be defined by department (New in LN) Much more flexibility for internal BP relationships Credit control for “parents” Buy Sold From Supplier Roles Ship From Ship To Business Partner Invoice Invoice From From Pay Pay To To 31 To Invoice Invoice To To Customer Roles Pay Pay By By Copyright © 2013. Infor. All Rights Reserved. www.infor.com 31 Business Partner Enhancements • Customer, Supplier 360s • Pictures, drawings, etc. • Export and import with Excel • Insert/modify from Excel (obeys access rules in DEM) • Better drill down to orders, CRM, projects • Link to other 360s like Invoicing and AR Copyright © 2013. Infor. All Rights Reserved. www.infor.com 32 Business Partner Enhancements • BP Defaults • Easy Entry based on Defaults • BP Type • To be Verified and Filters Copyright © 2013. Infor. All Rights Reserved. www.infor.com 33 Business Partners (Visibility, Access) • Easy filters • Export/Import Excel • BP Roles • Many new fields, like Commercial ID (Duns Number) Copyright © 2013. Infor. All Rights Reserved. www.infor.com 34 Business Partner New Finance • BP Balances in COA • Access all BP data from AP/AR Dashboards • Track by BP with link to Dimension • Change BP groups with Exceptions • Dimension Accounting • BP in Finalized Transactions Copyright © 2013. Infor. All Rights Reserved. www.infor.com 35 Independent Tasks: Common Financials Data • • • • • • • Check the enterprise model Discuss standard currency system Review new multi-site functionality Discuss internal invoicing and self-billing options Review Items – General, Item 360s Add business partners (customer/supplier/parent) Discuss examples for dimensions by BP Group and purchase / sales type • Create roles by department (sales office/purchase) • Discuss tax options 36 Copyright © 2013. Infor. All Rights Reserved. www.infor.com 36 For more great content, visit http://inforln.com and www.performaapps.com For Baan and LN consultants, contact Dan Aldridge, CEO Performa Apps: Phone: +1.703.251.4504 E-mail: dan.aldridge@performaapps.com Copyright © 2012. Infor. All Rights Reserved. www.infor.com Copyright © 2013. Infor. All Rights Reserved. www.infor.com 37