what’s new in lawson enterprise financial management suite 9.0 burke stucker financials product...
TRANSCRIPT
What’s New in Lawson Enterprise Financial Management Suite 9.0
Burke Stucker
Financials Product Strategist
Thursday, March 9th 2006
Enterprise Financials Management 9.0
• Better reporting over the data you have• Deriving business benefits from compliance• Driving business efficiency through good practice• Realising the value of IT investments• Cost Containment
Lawson Planning and Budgeting
• Ease of use with Lawson Back Office – GL
• Companies• Accounting Units• Chart of Accounts • Attributes (user defined fields)
– Accounting Unit and Lists
– Account and Lists
– Flex Budgeting (FB) bi-directional
– Currency
– HR– Position/Job Codes
– Pay Codes
– Employer-paid Benefits/Deductions
– Employees
Lawson Planning and Budgeting
• Multiple Budgets
• Variance Analysis
• Actuals in User Interface
• Budget Approval Workflows
General Ledger
• Journal operator– Recurring journals – originator or submitter
• Annual budget amount report– Summarized totals
• Transaction inquiry– Filter by posting date range
• Allocations totals– Break by journal and company
FB215a
GL190-1a
GL170a
Project Accounting
• Asset Management Interface
• Budget Edits At Posting Level
• Account Category Attributes
• GL Budget Interface
• Activity Group and Activity Templates
• Capitalization Enhancement
Billing and Revenue Management
• Customer Setup Template
• Activity Aging Report
• Percent Complete at Account Category
• Expanded Contract Field Size
Cash Ledger…
• Cash Code Lists– Similar to accounting units
– Dynamic build
• Positive Pay– Parallel file passed to bank with check run
– Prevent fraud
• Stale Dating– Checks not cashed within certain time period are reported
– Support compliance with local legislation
MX10-1a
CB170a
CB186a
Cash Ledger
• Statement Reconciliation– Flexible criteria
– Online matching
– Permanent database file
• Interfaces– Online maintenance
– One-to-many distributions
CB82-1a
CB50-1a
Asset Management
• Posting and In Service Date Overrides
• Project Accounting Interface
• Purchase Date Option – AM220
• Depreciation Recalculation Report
Lease Management
• Down Payments
• Security Deposits
• Vendor (Lessor) Change
• Straight Line Schedule Payment Changes
• Renewal and Extension
Accounts Payable
• Vendor payment tracking– By period– Prior & current financial years
• Vendor PO inactivation– Prevent creation of new POs– Allow exiting POs to complete cycle
• Diversity code certification– Report on valid dates of certification
– Completion of Optional Form 312
AP90-6a
AP10-1a
AP10-1b
Lawson Expense Management
• Approval Routing
• Expense Proxy
• Per Diem Wizard
• Hotel Wizard
• Expense Policy
Accounts Receivable
• Deduction Management
• Self Balancing Report
• AR by Activity
Grant Management…
• Salary Cap Enhancements
• Effort Reporting Enhancements
• Labor Cost Transfer Enhancements
• Encumber F&A Costs on Commitments
Strategic Ledger
• Allocations– One-to-many allocation within user analysis segment
– Copy, delete, report allocation journal
Enterprise Financials Management 9.0
• Better reporting over the data you have• Deriving business benefits from compliance• Driving business efficiency through good practise• Realising the value of IT investments• Cost Containment
Questions?