Global Ledger

This section contains enhancements in Infor Financials and Supply Management.

Automate elimination of related party inter-entity journals

Organizations with multiple accounting entities have related party transactions between the entities. Revenue on one entity and a corresponding expense on the other entity can be created by these transactions. From a GAAP reporting perspective, these transactions must be eliminated. This feature enhancement provides for automating the creation of the entries that are required to eliminate these transactions.

Program/Business class/Process affected:

  • FinanceEnterpriseGroup bl/ui
  • GeneralLedgerJournalControl bl/ui
  • GeneralLedgerZoneTotal bl
  • GeneralLedgerTransaction bl
  • GLTransactionDetail bl
  • GLInterEntityRelation bl/ui
  • Ledger bl/ui

Use these steps to test the enhancement:

  1. Perform the necessary setup for these business classes: EliminationLedger and InterEntityRelation.
  2. Create an inter-entity journal for the inter-entity relation defined with an elimination ledger.
  3. Enter transactions.
  4. Release the journal.
  5. Review the released journal, and verify that new transactions were created using the elimination ledger with the original transaction amounts reversed.
  6. Quick post the journal.
  7. Review the GeneralLedgerTotal and use a filter value of elimination ledger in the Ledger field to verify that GeneralLedgerTotal records were created for the appropriate transactions.

JT-1643872

Use enable alternate document location for attachments and move to IDM

Added functionality to store attachments to IDM (Infor Documentation Management) for these records:
  • Payables Invoice Document
  • Purchase Order Comment
  • General Ledger Journal Document
  • Standard Comment Code
  • Requisition Comment

Program/Business class/Process affected:

  • Payables Invoice Document
  • Purchase Order Comment
  • General Ledger Journal Document
  • Standard Comment Code
  • Requisition Comment

Use these steps to test the enhancement:

  1. Turn on the Use IDM for Attachments feature on the Finance Enterprise Group.
  2. Click Test Connection on the IDM Configuration page to verify that FSM is connected to IDM.
  3. Verify that attachments under these records are stored in IDM moving forward:
    • Payables Invoice Document
    • Purchase Order Comment
    • General Ledger Journal Document
    • Standard Comment Code
    • Requisition Comment
  4. To migrate old attachments from these records to IDM, go to Shared Processes > Attachment Maintenance > Manage Attachments and click Mass Upload to IDM for the business class.
We recommend that this action be scheduled during weekends as it is expected to process thousands of records. If the process fails, then this message is displayed on the Failed AttachmentsToIDM tab: 
Failed upload to IDM
The records can be reprocessed.

Dependencies:

Users must have the IDM_User role in IFS at the minimum.

JT-1714076