Al,
I'll preface this by saying we stuck with standard AM and did NOT use IFM - don't know which you are looking at, but that may make a difference.
At my prior employer, we did not use the IM-to-GL interface (or the COM, for that matter) for the same reason you mentioned - WAY too many postings. Since everything was also posted in IMHIST, and that was acceptable to the auditors (even the SARBOX ones!), we instead wrote summarization reports which ran over IMHIST and archived the reports in our optical storage system (LaserVault). The accountant then did a manual journal entry for each appropriate posting (PO Receipts, etc). It really shortened the G/L reporting, and all the detail was available through IMHIST. And since some auditors wanted additional cross-checking, the COM history, PO history, and MO history was sufficient to tie out to in order to verify the postings (if desired).
Dale "Cork" Gindlesperger, CPIM
Senior Business Analyst
-----Original Message-----
From: mapics-l-bounces@xxxxxxxxxxxx [mailto:mapics-l-bounces@xxxxxxxxxxxx] On Behalf Of Al Gershen
Sent: Monday, March 30, 2009 12:42 PM
To: Mapics Mailing List
Cc: Al Gershen
Subject: [MAPICS-L] Interfacing Inventory Account with the G/L
(Resubmitted with a "Subject" added. Opps!)
Hi group:
Our company is upgrading from Mapics DB/Y2K (Mod 4) to Infor XA (Rel 7).
With Mapics DB, we have not used G/L Interfacing for the Inventory Accounts (thru the IM, PC&C and OE&I).
The representatives of the company assisting with our upgrading, Barry-Wehmiller International Resources, have suggested to us that we interface our G/L with the above modules (COM replaces OE&I).
Our shop has around 20,000 IM Inventory transactions every month.
We apparently can interface in one of two ways:
1. In detail with each entry posting to the G/L; or
2. In summary, where all the entries post at a "net" amount to the G/L; and their detail is lost.
I am again interfacing for the following reasons:
1. Infor XA does not use a subsidiary ledger to collect the detail of interfacing entries;
2. The G/L would be very large and probably unprintable or usable because of the number of entries posted therein due to the interfacing.
If Infor XA had a subsidiary ledger, I probably would support interfacing with the G/L because the detail journal entries would not be posted directly in the G/L.
But, I'm open minded and I'd like your suggestions, both pro and con, about interfacing the inventory accounts with the G/L.
I look forward to your comments on this matter.
Have a good week.
Regards,
Al Gershen
Cost Accountant Lead
ECS Composites
Grants Pass, OR
aldg3@xxxxxxxxx
al.gershen@xxxxxxxxxxxx
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