We would like to complete a contra between a customer account and a Supplier Account.
This is not something we have done previously in IFS before and so am unsure if it is even possible.
Please can you advise if there is a way to complete this type of transaction in IFS ?
Thanks
Darren
Best answer by Thomas Peterson
View originalHi,
Please be more specific with the desired outcome. What is it you want to do? Please provide an example or more details.
Complete a contra between a customer account and a Supplier Account is not a request I have seen before.
Is the contra similar to a netting where a customer is also a supplier, and you wish to net open items from the AR side and the AP side? In other words, clear off AR open items with AP open items. If so this is Netting in IFS and can be done easily when the customer and suppliers are connected by the same association number.
Best regards,
Thomas
Hi Thomas,
Clearing off AR open items with AP open items is exactly what we are wanting to do. The supplier and customer record in IFS are currently not linked. To use netting do we simply need to add the customer number to the supplier record and vice versa, or do we need to create an association somewhere else between the accounts?
Thanks and regards,
Darren
Hi,
In my opinion the easiest way to connect customer and supplier is via the association ID. If both records have the same association number they are connected, and the netting can be performed.
This is a customer screen in apps 10. If your customer and supplier have same association number (commonly a tax or government issued number) they are then connected in terms of IFS / Netting.
Best regards,
Thomas
Thank you for the information Thomas. On first look this seems that this will allow us to process the Contra between their supplier and customer accounts. We will carry out some further investigations in our Test environment prior to carrying out our first transaction using this method in Live.
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