Infor LN General Ledger Configuration and Chart of Accounts
The General Ledger in Infor LN serves as the financial backbone of the entire enterprise, consolidating postings from all logistics, manufacturing, and service modules. Proper GL configuration through sessions like tfgld0101s (Chart of Accounts) and tfgld0501m (Ledger Accounts) determines the accuracy and auditability of every financial transaction across the organization.
Chart of Accounts and Dimension Structure
Infor LN uses a flexible chart of accounts defined in session tfgld0101s, supporting up to 12 dimensions for multi-dimensional financial analysis. The dimension structure controls how transactions are classified across cost centers, departments, projects, and custom segments. A well-designed chart of accounts balances granularity with manageability, typically targeting 500-2,000 ledger accounts for mid-size enterprises.
- Configure the chart of accounts hierarchy in tfgld0101s with proper account ranges for assets, liabilities, equity, revenue, and expenses
- Define up to 12 financial dimensions in tfgld0106m to enable multi-axis reporting across cost centers, projects, and business units
- Set up ledger account defaults in tfgld0501m including currency, dimension templates, and posting restrictions
- Establish account groups and subgroups to simplify financial statement generation and consolidation reporting
- Configure integration accounts in tfgld0171s to control how subledger modules post to the general ledger automatically
GL Posting Principles and Integration Schemes
Infor LN financial integration relies on posting principles defined in the Finance Integration (FIN) module. Session tfgld0165m controls how logistics transactions map to GL entries through integration schemes. Each business event, whether a purchase receipt, sales invoice, or production variance, follows a predefined posting path that must align with local GAAP and IFRS requirements.
- Define posting principles in tfgld0165m to map business transactions to specific ledger account combinations automatically
- Configure integration schemes per company and financial group to handle multi-entity accounting requirements
- Set up automatic journal entries for period-end accruals, deferrals, and reclassifications using tfgld0110s
- Establish intercompany posting rules to ensure balanced entries across legal entities within the enterprise model
Period Management and Financial Close
GL period management in Infor LN controls which fiscal periods are open for posting across modules. Session tfgld0515m manages period status, ensuring that closed periods remain locked while allowing corrections through adjustment periods. A disciplined period close process reduces month-end close time from weeks to days, and proper configuration of the LN year and period tables is critical for accurate comparative reporting.
- Configure fiscal year and period definitions in tfgld0105m including support for 4-4-5, 4-5-4, and calendar month schemes
- Manage period open/close status per module in tfgld0515m to prevent unauthorized postings to closed periods
- Set up adjustment periods for year-end audit entries without reopening standard periods
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