Cash Management

This topic describes the differences between the Cash Management module in Infor LN SP1 and in Infor LN FP2 that are not already discussed in other Differences topics.

New and changed functionality

  • Electronic bank statements

    In the Match Electronic Bank Statements (tfcmg5212m000) session the Create Unallocated Receipt check box was added. If this check box is selected and the statement amount differs from the document amount, LN creates a new unallocated receipt for the statement amount.

    If this check box is cleared and the statement amount differs from the document amount, LN tries to match the statement with a document of which the amount is equal to the statement amount.

    For example, in Accounts Receivable, an open invoice ACR 00000001 exists and the invoice amount is 1000 EUR. The EBS file includes document number ACR 00000001 but in the EBS file, the amount is 900 EUR. LN does not match the electronic bank statement to the document ACR 00000001 because the amounts do not match.

    If this check box is cleared and another document exists of which the amount is 900 EUR, LN matches the electronic bank statement to that document. If this check box is selected, LN creates a new unallocated receipt for 900 EUR.

  • Electronic bank remittance

    To support Italian bank requirements, the following details were added to the Payment/Receipt Method (tfcmg0140s000) session:

    • The Print Remittance Letter (Italy) check box.

      If this check box is selected, for payments with this payment method, LN generates a remittance letter during the automatic payment procedure.

      The remittance letter contains details about the invoices and the individual payments. The remittance letter is printed with the Print Remittance Letters (tfcmg1270m000) session. The layout of the remittance letter answers the Italian requirements.

    • The following new payment reports:

      • 20: Remittance file Ricevuta Bancaria Elettronica (RI.BA)
      • 21: Remittance file Rapporti Interbancaria Diretti (RID)
      • 22: Bank Remittance file Ricevuta Bancaria Elettronica (RI.BA)
      • 23: Bank Remittance file Rapporti Interbancaria Diretti (RID)

      If you select one of these reports, LN clears the Foreign Countries Allowed and the Foreign Currencies Allowed check boxes and sets the Currency field to the company's euro currency.