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Finance (Financials)

This will include the questions related to Financials.

  • 5,422 Topics
  • 14,323 Replies
5422 Topics
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Do Gooder (Customer)
NIlona90Do Gooder (Customer)
asked in Finance (Financials)
Supplier Withold tax setup APP 8-Italy Ritenuta d'acconto

Hi All.Please help me,  I would like to set up the withholding tax on APP 8, as in Italy this needs to be handled separately. Could someone help me with this from the very beginning? The Italian equivalent is Ritenuta d'acconto, which can be applied at different percentages. What basic data settings are required? This should appear during the payment process, and is it controlled by transaction PP49?

112
N
Do Gooder (Customer)
G
Sidekick (Customer)
GDrysdaleSidekick (Customer)
asked in Finance (Financials)
Supplier Invoice Matched to Purchase Order Receipt Needs Authorization

Hi,IFS Cloud Application service update: 24.1.9We have a company set up with Inherit Authorizers from PurchaseIf we create a Purchase Order with No Part Order line for Qty 10 Unit Price GBP 100.00. Release and receive the Purchase Order.If we enter a Supplier Invoice for GBP 1000.00 it automatically matches to the PO and Authorizes the Payment Proposal - All good. We just final post the Invoice.If we are invoiced for Qty 1 and a second invoice Qty 9 the Supplier Invoices do not automatically get authorized.We enter a Supplier Invoice for GBP 100.00 it automatically fetches the PO Receipt and goes to Status Unbalanced > Excess Value. Invoice matched Status Message ID = Excess Value. Invoice GBP 100.00 PO Receipts Value = GBP 1,000.00Amend the Posting Line to Qty = 1 instead of Qty = 10 Change Receipt Qty = 1Supplier Invoice goes to Await AuthIs there a way to make this automatically authorize?We do not want to have to manually authorize (there can be up to 3 Authorizer Steps inherite

655
A
Hero (Customer)
P
Do Gooder (Employee)
PathiranaPeshalaDo Gooder (Employee)
asked in Finance (Financials)
Handling Foreign Currency Invoices from Swedish Suppliers

Hi, This is regarding the Swedish Rule for reporting VAT on Foreign Currency invoices of Swedish Suppliers. Would like to know your ideas on the best possible way to handle this. The customer receives the VAT amount in Domestic currency from the Supplier and that amount must be used by the customer for VAT reporting. For example: for a EUR ccy invoice, supplier sends the VAT in SEK amount as well. The customer only calculates the Gross Amount in SEK using the rates in IFS. However, the customer does not know which date the Supplier used to arrive at the VAT in SEK when they send the preliminary invoice. Therefor, there are differences in VAT which the customer today moves into a currency account. Example:Amounts on Invoice from the SupplierGross in EUR        100VAT in EUR              25Total in EUR          125VAT in SEK            250SEK Amounts Calculated by Customer at Booking DateGross                    1000VAT                          275​How the invoice is handled in SEK curre

181
N
Do Gooder (Employee)
R
Hero (Employee)
Ramessh KannaHero (Employee)
asked in Finance (Financials)
Pagero Integration - Customer Invoice

Hi, Has anyone implemented Pagero Customer Invoice Integration? If Yes do you have any Intergration Material that could be shared please (Apps 10 or Cloud) Thank You

2144
N
Do Gooder (Employee)
T
Sidekick (Customer)
Tharaka_DilanthaSidekick (Customer)
asked in Finance (Financials)
Error in Manual Supplier invoice

I’m receiving the following error when posting a MSI. I checked all the information given in the error and no issue was highlighted. Please check and advise.  

546
A
Hero (Customer)
Y
Do Gooder (Customer)
yoderkdDo Gooder (Customer)
asked in Finance (Financials)
Project - Excluded from Progress Calculation Toggle

We have recently tested the toggle on a subproject and activity which excludes it from the Progress Calculation.Our scenario for this is we have a subproject with revenue but no cost - there is estimated revenue, planned revenue and posted revenue.  Currently, it would include this in the Periodical Cap process and consider this an overbilling as this subproject is basically 0% complete since there is not estimated or actual cost. In testing, I toggled this option on both the activity and the sub project and then approved the project so the Financial Project was created at that point.  The Financial project does not reflect the estimated revenue for this subproject - which I believe is correct. I ran the Periodical Cap process and the total estimated revenue does NOT include this subproject. However, I’ve got two issues. When the PPC is executed, the total pay app value is reversed, including the sub project which is marked as Excluded from Progress Calculation.  I don’t think this sho

80
Y
Do Gooder (Customer)
T
Hero (Customer)
TosohLBlumHero (Customer)
asked in Finance (Financials)
Re-run PCA

A couple journal entries were made this month after PCA’s were ran. Is there a way to run PCA’s for the same period after all the steps in the PCA Step Definition have already been Executed?

1438
Y
Do Gooder (Customer)
R
Hero (Employee)
Ramessh KannaHero (Employee)
asked in Finance (Financials)
Tax Invoice detail not displaying in Tax Proposal - View Tax Invoice

Hi,Created a Tax Proposal and in the Details when I selected an Invoice Line and Click “View Tax Invoices” the output does not show the Invoice Detail. is this a Bug or any Setting I missed?Image 1 Image 2 Image 3Thank You

130
R
Hero (Employee)
E
Do Gooder (Customer)
eehrSEDo Gooder (Customer)
asked in Finance (Financials)
How to create separate top nodes within the same accounting structure

I would like to create separate top nodes within the same accounting structure in IFS Cloud, so that the same code part value (e.g. for code part C) can be placed under different top nodes for different groupings (e.g. one group with topnod for “Budget” and another with topnod “Segment” reporting).The problem is that in the IFS Cloud interface, I cannot "deselect" an existing node in order to create a truly separate top node. When I try to add a new top node, it always ends up under the already existing one, instead of creating two independent hierarchies within the same structure.My requirement is to have two parallel groupings (two top nodes) in the same accounting structure, both using the same code part values.This is how it looks when I created two topnodes since I cannot “deselect” the any of them to create a new one.   

111
T
Superhero (Employee)
A
Sidekick (Partner)
Ashni NayantharaSidekick (Partner)
asked in Finance (Financials)
Loading External Supplier Invoice with Image path

Hi Team,Have any of used the functionality of loading external supplier invoice files (XML) with reference to PDF file in a shared location? I encounter following error and file work fine without defined file path.ORA-64505: NULL or invalid stream argument specifiedORA-06512: at "XDB.DBMS_XMLDOM", line 1980ORA-06512: at "XDB.DBMS_XMLDOM", line 2025ORA-06512: at "SYS.XMLCHARACTERINPUTSTREAM", line 35ORA-06512: at "IFSAPP.RECEIVE_EINVOICE_UTIL_API", line 1276I wonder whether special setup is required in Cloud compared to App 10. 

150
A
Sidekick (Partner)
A
Do Gooder (Partner)
ArcMariGaDo Gooder (Partner)
asked in Finance (Financials)
Customer Reminder Letter

Hi,Is it possible to send the Reminder Letter to Customers before the invoice is due? If yes, could you please explain the steps. Thanks in Advance. Regards,Mariappan C

181
T
Superhero (Employee)
IniNaadiJ
Sidekick (Partner)
IniNaadiJSidekick (Partner)
asked in Finance (Financials)
Interim voucher - Amount in currency and currency in USD not updated

Dear All,When creating the interim voucher (R) for the manual voucher (M), the amount in currency and the amount in USD are not updated, and the voucher status shows as 'Error'. We had to run a script to correct the amounts. I would like to confirm whether this is a bug, or if there is a system setting that needs to be adjusted to prevent this error.refer the error in the screenshotAmount in USD is not updated(Third currency amounts)Currency amounts not updated

130
IniNaadiJ
Sidekick (Partner)
audreyS
Sidekick (Partner)
audreySSidekick (Partner)
asked in Finance (Financials)
Parked Supplier Payments Analysis

Hello,I wanted to know if it was normal for the lines to still be present in the object once the open amount had been reduced to 0. I thought the lines would disappear.Thank you for your help.    

212
audreyS
Sidekick (Partner)
K
Do Gooder (Customer)
Kay2013Do Gooder (Customer)
asked in Finance (Financials)
Slowness on IL Balance Analysis Screen

Currently running on 24R2 SU6, when we review data in the IL Balance Analysis screen, we select an account and click the ‘Voucher Information’ button, which opens a NEW BROWSER TAB and tries to load the IL Voucher Rows Analysis window.Any reason why this one navigation button opens a new tab?I noticed that the breadcrumbs (menu path) that would normally show Financials → Internal Ledger → IL Voucher Rows Analysis only shows ‘IL Voucher Rows Analysis’The screen eventually times out after 5 minutes and does not load data.However, if I navigated directly into the IL Voucher Rows Analysis window and performed a search, the data would load quickly.Is anyone else experiencing this issue?

231
S
Sidekick (Employee)
M
Do Gooder (Partner)
MarhDo Gooder (Partner)
asked in Finance (Financials)
Supplier Payment Proposal - National Bank Code

Hi,In App 9 you where able to change/add the National Bank Code when necessary in an easy way. You where able to go to the field National Bank Code and make your changes.  The functionality in IFS Cloud R24R1 you are unable to change/add the Code, which would be the easiest way. Does anyone out there know if the feature is taken away by purpose or is it a mistake that it’s disappeared?Br,Marita  

171
S
Sidekick (Employee)
audreyS
Sidekick (Partner)
audreySSidekick (Partner)
asked in Finance (Financials)
Automatic transaction matching

 Hello,I would like to cancel two lines   from an import that was made to a bank by mistake, but I don't know how to do it.Can you please help me and tell me if this is possible?  

160
audreyS
Sidekick (Partner)
audreyS
Sidekick (Partner)
audreySSidekick (Partner)
asked in Finance (Financials)
Is it possible to use the Collective invoice process with Advanced Invoices?

Is it possible to use the Collective invoice process with Advanced Invoices?  I set a customer record to use Collective Invoice type on the Order>Misc Customer info tab. Then I created advanced invoices on two customer orders for this customer. When I created the Advanced Invoices, I don't can create the collective invoice pour cette commande client Is there anyway to include Advanced Invoices in with the Collective invoice process? We are using 22R1

2109
Z
Do Gooder (Partner)
N
Do Gooder (Partner)
NishaniFDo Gooder (Partner)
asked in Finance (Financials)
CAMT053 setup

Hi All,After loading the CAMT053 file to the IN Folder, IFS (Apps 10) picks up the xml file and creates an application message. However, no details are shown in the external payments window.External payment parameters and message codes have been defined.What could be the reasons for this behavior?Your assistance is much appreciated. Thank you.NishaF

70
N
Do Gooder (Partner)
V
Do Gooder (Customer)
vikyDo Gooder (Customer)
asked in Finance (Financials)
Manual supplier voucher

In the voucher screen, view voucher rows even status is in awaiting approval but we couldn’t able to see edit option. 

486
V
Do Gooder (Customer)
Chanu_Yazi
Hero (Partner)
Chanu_YaziHero (Partner)
asked in Finance (Financials)
Is there a way to make the ACH file always download to a specific network folder?

In the Cloud version, downloaded files are saved to the browser’s default download location?Can we make the ACH file always download to a specific network folder?

443
Chanu_Yazi
Hero (Partner)
T
Do Gooder (Customer)
taenarenDo Gooder (Customer)
asked in Finance (Financials)
Linking Fixed Asset and Serial Object

Hello, We have Fixed Asset Objects that are also serial objects (for periodic maintenance/servicing purposes).  What is the easiest way to link them in IFS Cloud? I can see on the Serial Object there is an Asset code part in Code Part info.Is there an existing or upcoming way to quickly navigate from the Fixed Asset Object screen to the related Serial Object? Thank you! 

411
M
Sidekick (Partner)
L
Do Gooder (Customer)
lashleja49Do Gooder (Customer)
asked in Finance (Financials)
Automatic Supplier Invoice Auth Behaves Different when PO Auth present

IFS Cloud Web version: 23.2.4.20240306160416.0Hello,We were testing the functionality of automatic invoice authorization and created the following scenario:In our testing environment, I created two POs for the same supplier (Supplier PO Matching parameters are per line, with a tolerance threshold established), with a placeholder $0 freight charge. When we invoice, we will update the invoiced price of the freight charge to what was actually invoiced by the supplier. One PO included a PO authorizer, and one did not. I processed the POs and received the inventory off of the PO line.I then invoiced off of each PO following the steps-Navigated to ‘Match PO receipts per line’ for the invoice line-Input invoiced price for the freight charge (within tolerance)-Then hit match allI found that the invoice for the authorized PO was automatically authorized upon line matching and the invoice for the unauthorized PO was not automatically authorized upon line matching. Would anyone have insight on to

821
G
Sidekick (Customer)
B
Sidekick (Customer)
BEYJASONCHANSidekick (Customer)
asked in Finance (Financials)
Stuck Supplier Payment (ISO)

The below 2 invoices were added manually to last weeks ISO payment run as they failed to pull through automatically based on the date range. Invoice 7010 should have definitely pulled through as it was already overdue in IFS.When preparing ISO payment run yesterday, we noticed that the 2 invoices had been left behind & were still sat in acknowledged status in the Supplier Payment Proposals screen. They appear on the payment proposal report that was downloaded but a remittance wasn't generated & having checked the bank, the payments haven't been processed.    Finance have checked & double checked the account record & can't see anything incorrect with the set up. The invoices are still sat as open on the Sales Ledger. Could anyone can provide guidance on how to resolve this issue as we have never seen this before. Thanks

231
Furkan Zengin
Ultimate Hero (Partner)
U
Sidekick (Partner)
Udanee
asked in Finance (Financials)
Specification controls are system defined ?

Can I kindly know if we could add new specification controls in posting controls window or is it system defined. ThanksUwee

252
T
Superhero (Employee)
R
Hero (Customer)
ronhuHero (Customer)
asked in Finance (Financials)
How to enable Payment Schedule for Purchase Order Approve For Pay?

Community, Wondering how to enable below RMB function “Approve For Pay”/”Unapprove For Pay”? 

1643
T
Do Gooder (Customer)

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