Creating BODs for third party finance systems

Use this procedure to create Business Object Documents (BODs) for posting absence plan balances to third party finance systems.

  1. Select Absence Management > Processing > Cycle Processing > Finance Update > Update Finance.
  2. Specify this information:
    Organization Unit Group
    Specify an organization unit group for which to update finance transactions.

    All resources whose primary work assignment's Organization Unit is within this Organization Unit Group are processed.

    Transaction Date
    Specify the finance posting date.

    When calculating liability amount, the Employee Hourly Rate as of Transaction Date is multiplied by the table liability hours.

    Reference
    Specify a reference number to identify the finance transaction.
    Date Range for Non Reversing
    For non-reversing transactions, specify the beginning and ending date for transactions that are posted. If this field is blank, all transactions that were not previously posted are included.
    Exclude Ended Resource Absence Plans
    Select this check box to exclude resource plans that have ended.
    Update
    Select whether to create a list of records to export or to post finance export records to a third party finance system.
    • List Finance Details: This creates a list of pending finance postings.
    • Create Journal Entry BOD: This creates BODs that are configured by Infor ION for posting to a third party finance system, and creates a list of processed finance postings.
  3. Click Submit to process this action immediately or click Schedule to schedule the action to run later.
  4. When Update Finance has finished processing, use these instructions to view the results.
    • To view pending finance postings, select Absence Management > Processing > Cycle Processing > Finance Update > Finance Details > Pending Postings. Select Errors, Accrual, or Expense.
    • To view processed finance postings, select Absence Management > Processing > Cycle Processing > Finance Update > Finance Details > Processed Postings. Select Accrual or Expense.
  5. Interface the transactions in the third party finance system. See the "Transaction interface" chapter in the Infor Financials and Supply Management Data Interface Guide.