Finance (Financials)

Hi,Can anybody advise how to write of non-inventory and inventory amounts from the GRNI report?Items are from previous year.  Cannot write off the part number as stock take for year end was completed. The reason for write off areFOC from supplier so invoice will not be raised but the Purchase order line has value to it.PO Closed - unable to write off.Line posted as tolerance / varianceThank you,Lisa

We currently use Vertex to calculate our North American tax, due to the complexity of tax requirements across NA. We are now attempting to roll out a Project Invoicing based solution for a sub-set of our companies, but discovered that Vertex does not work for Project Invoicing in Cloud. Manually determining the appropriate tax code has been rejected by our finance group.Is anyone aware of an automated solution for NA Tax for Project Invoicing in Cloud or if IFS/Vertex plans to fix this gap?Thanks!

Hi IFS community, I wanted to register an invoice with PO 69552, however when I wanted to save it I got this error message. Please, how do we solve this issue?Do we have to create SP3 in Posting Control tab? What are the other parameters which I need to fill in Posting Control tab? 

Hello Community, I kindly ask you a simple question. Is it possible to stop autopopulating Price Adjustment window in Posting Proposals? IEE Navigator → Posting Proposals → select any invoice for posting proposal → RMB at header → Purchasing → Price Adjustment Purchase Best regards,Martinator

Is there an easier way of finding out a payment date for an invoice from below screen?  If I have searched for an invoice on here and noticed it is paid posted, i then have to find the invoice in Supplier analysis and determine date.  Would be handy if there was a link from here to payment date 

How do I reverse a Supplier offset made in previous Financial Year?  I have tried the Supplier Payment Rollback screen but there is no option to rollback the matching. 

Using the cloud based version of IFS, I used the Automatic Transaction Matching method for one of our bank accounts and when I had finished reconciling the account, there was a button that said Final Matching. It finalized the bank statement and you could see the reconciliation in the Cash Account Reconciled Transactions Analysis and Bank Statement Reconciled Transactions Analysis screens.  My question, I have a low volume bank account that I decided an upload for this account would be too cumbersome, so I reconciled that account via the Manual Transaction Matching screen. Everything is reconciled as it should be, but I do not see a Final Matching on this screen, and it is not showing in the screens from above like the Automatic Transaction Matching reconciliations are. How do I finalize the reconciliation through the manual matching? Any information w

Community, Do you know why Customer deposits balance is on our Supplier open items report? 

Hi,I am testing the Expense sheet process first time. But i stuck in between. Actually i created an Expense Sheet and processed the payment through Employee payment screen. I am ok with the voucher entry for Expense booking but for payment it is hitting the posting type EP2 and not PP1. Also the payment is not available in the sub ledger (Cash Book) as well. Am i missing with any setup?...Can anyone please help me.Thanks in advance.

Hi,Is it possible to process the payment through Supplier Payment Proposal screen for the Advacne requests created through Supplier Payment Schedule.

Hi,In the cash flow exposure report, is there any way we can include the Cash account details? Can we do any changes in report definition to achieve this?  If otherwise how can user view the cash flow exposure details as per cash account Best regardsZuha

Hi, Is there functionality in IFS that allows you to retranslate the non GBP company P&L in the period / year figure at the balance sheet currency rate on consolidation? Thanks, Georgina  

We have a Company with a base currency of Dominican Pesos (DOP) and a parallel currency of USD. Because of a recent project involving the parallel currency we have discovered what looks like an issue with the parallel currency. Below is a screen shot from a supplier invoice where the invoice is using USD.. It appears like when variance posting controls are used that the amount is always 0 in the parallel curr. Does that sound correct or is this a bug?ThanksManual supplier invoice  

Dear Team, Customer is currently implementing IFS in their branch in France.It was noted that the payment format Bill of Exchange collection (Remise de LCR) is missing in IFS, but is needed for customer branch. "The electronic payment format for customer “Bill of Exchange collection” according to the French National Banking Committee standard "CFONB160" (see screenshot below) is not supported by the standard and the country pack.This electronic payment format is still widely used today in France by banks and IFS customers. Could you please advise us on how to obtain this electronic payment format?The answer to address the concern is When it comes to the GET French functionalities, customer is referring to a functionality that is no longer available in App 10 anymore. The reason is "CFONB160 has been replace by SEPA Payment format where you can utilize the SEPA payment functionalities in order to carry out the same requirement.

Hi everybody, Does anybody know if it is possible to send ISO20022 payment files from IFS Apps 9, using Open Banking? There is the need to send files to a UK bank and they accept only through Open Banking which is quite new, as it was implement first in 2017. Thank you!

Team - Is there a WIP report for Work Orders that is similar to the “Shop Order Work in Progress” report? Or just a total WIP report that captures both?  

Does anyone know why we have the error of cost set 4 calculation as : “[CostCalculation.BATCHNOTALLOWED: Cost calculation cannot start because there is a conflicting Calculate All Parts deferred call running.]                    ORA-20110: Message 20000 not found; No message file for product=RDBMS, facility=ORA; arguments”

Community,have you seen the error below when trying to match supplier invoice? Supplier is using currency CAD, our company currency is USD. 

I get this error by the time I get to inputting bank details for a new supplier record.The field [identity] must have a valueI’ve gone back over all the pages to find the missing data but I cannot see what this error is pointing to and what might be wrong. Can anyone help at all please?

A PR was created against a Work Order and converted to a Purchase Order.Supplier has sent the Part and this was received into InventoryThe Part sent is incorrect so we need to return the part to the supplier.What should the process be for handling this? We need to pay the Invoice for the part received so cannot delete/cancel the Purchase Order but we do not want it to show as a required material in the work order and I cannot seem to find a way of handling this within the Work Order.Thanks,  

Could someone share knowledge about residual value rate setting for specific depreciation method? We expect different residual value rate based on base value in different depreciation method.

Hi All,Can someone tell me how we can use Hedging concepts within the IFS Funtionalities?Thank you.

Hello!Wondering if anyone else has solved this already… Danske Bank sent out the following information: “It will no longer be possible to send Bankgiro files (supplier payments) via Danske Bank, these files should instead be in ISO2022 XML format”Currently our Swedish entity is using payment format BGSWE (Bankgiro, Domestic Payments, Sweden). We tried to use ISO2022 instead, but apparently plusgiro account is required (not bankgiro), so the file didn’t go through as plusgiro account for supplier is missing. Does anyone have a solution for this?Many thanks in advance! 

How can i match two or more invoices with one payment in external payments? In external payments I have loaded a CAMT053 fil and I would like to match one payment with two or more invoices. How can I do that?  Here is an fictitious example:The company has received a customer payment at 267,750 DKK. This payment is payment for two customer invoices. How can we match the payment with two invoices in External Payment Details and not only with one? As you can see we only can match one invoice at the linie.   Please let me know what you are doing to match one Customer- or Supplier payment with two or more invoices in External Payment Details. ​​​​

Hi All, Please let me know whether the IFS application facilitates filing company income tax from IFS standard application for US entities. If you have any documentation available for that, please share with me. Kind Regards,Kay.