Infor LN Accounts Payable Processing and Automation
Accounts Payable in Infor LN handles the full procure-to-pay cycle from purchase invoice receipt through payment execution. The AP module, managed primarily through sessions like tfacp0110s (Purchase Invoices) and tfacp0520m (Payment Advice), can process thousands of invoices per day when configured correctly. Automating three-way matching, approval routing, and payment scheduling dramatically reduces manual effort and early-payment discount capture.
Invoice Processing and Three-Way Matching
Infor LN AP supports automatic, semi-automatic, and manual invoice matching through session tfacp0110s. Three-way matching compares purchase invoice lines against purchase order quantities and goods receipt entries. Configuring match tolerances in tfacp0101m determines how strictly the system enforces price and quantity variances before allowing invoice approval.
- Configure invoice matching parameters in tfacp0101m including price tolerance percentages and quantity variance thresholds
- Set up automatic matching rules in tfacp0515m to auto-approve invoices within defined tolerance bands
- Define match exception handling workflows to route discrepancies to purchasing or receiving for resolution
- Enable self-billing (Evaluated Receipt Settlement) through tfacp0150s for high-volume vendors with stable pricing
- Configure prepayment and advance payment handling for project-based and milestone billing scenarios
Approval Workflows and Payment Scheduling
Infor LN integrates with ION Workflow for invoice approval routing based on amount thresholds, cost center ownership, and budget availability. Payment scheduling through tfacp0520m optimizes cash outflow by grouping payments by due date, payment method, and banking partner while maximizing early-payment discount capture.
- Define approval hierarchies based on invoice amount, vendor category, and cost center allocation using ION Workflow
- Configure payment methods in tfacp0501m including wire transfer, ACH, check, and electronic payment formats
- Set up payment scheduling rules in tfacp0520m to batch payments by due date and optimize cash flow timing
- Enable early-payment discount tracking to automatically prioritize invoices where discount capture exceeds cost of capital
Vendor Management and AP Analytics
Effective AP automation requires clean vendor master data maintained through tccom4100s. Vendor payment terms, banking details, tax configurations, and compliance documents must be accurately maintained. LN provides AP aging analysis, vendor performance metrics, and cash requirement forecasting to support treasury and procurement decision-making.
- Maintain vendor master records in tccom4100s with accurate payment terms, bank details, and tax registration numbers
- Configure vendor evaluation scorecards integrating AP metrics like invoice accuracy and payment term compliance
- Generate AP aging reports and cash requirement forecasts to support working capital optimization decisions
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Related Resources
Infor LN General Ledger Configuration Guide
Guide to Infor LN general ledger configuration including chart of accounts, dimensions, ledger accounts setup, and GL posting principles for consultants.
Infor LNInfor LN Accounts Receivable Configuration
Configure Infor LN accounts receivable with credit management, dunning procedures, payment allocation, and AR aging setup for optimized cash collection cycles.
Infor LNInfor LN Intercompany Transactions Configuration
Configure Infor LN intercompany transactions including trading agreements, transfer pricing, automatic order generation, and intercompany settlement workflows.