Finance (Financials)

Hi,   We have situation where single CAMT file is loaded to External Payment as multiple records. Multiple Load IDs in External Payment are created for Single External File Transaction Load File ID. Do you know any specific reason for this? can this be related to Payment Dates?   Thanks

Hello!I’m wondering if there is any way to change applied date (31.01.2021) of inventory transaction which has already been transferred and posted as MPL voucher. I need to place the loss/profit in a different accounting period (01.2023) than it is now accordingly to applied date. Any tips are welcome.Thanks 

HiHow can you cancel a voucher entry?in Cloud there is no button where you can cancel an voucher entry:  in Apps 10 there was a button where you can cancel a voucher entry  Thanks for an idea Best RegardsSophal

Hi. Can you change the Due Date or Payment Term Base Date on a Supplier Invoice that has moved to PostedAuth status or beyond? Thanks

Is there anywhere to see what a customer’s highest outstanding balance was during a give time period?

We’re implementing IFS 10 enterprise explore and finding we are not allowed to back date payments. We’re trying to do this through payment proposals and don’t know if there is another method we should be using or if there is a setting or configuration in the system that is preventing us from doing this. 

The Pre-posting values on the project are not carried into the Finance Project when the project is approved

Hi, I would like to know why do we have a code part function ‘Internal’ when a page to include/exlcude IL code part already exists, what is the purpose of Code Part Function - Internal? and what is the difference between ‘Code Part Function - Internal’ and ‘Internal Code Parts’? If I mark the Code Part Function as Internal, then will this code part not be used in GL? And what is the Code Part Function - Internal Elimination used for? Thanks for your inputs. Best regardsRutuja

We have just started using MCPR, and see that we get a problem when we create project invoice. The invoice created contains too many lines, so that the application hangs when trying to authorize it. Does anyone know if it is possible to group the amount of lines in the invoice, or in some way get less lines?  

As far as I know, the ‘import company template’ function is not available in Cloud. we used this functionality to copy companies across instances/environments rather than do the set-up manually in each instance from the scratch. What are the alternatives that IFS cloud has to import a verified set-up from one instance to other (e.g. from pre-prod instance in 22R2 to live). Appreciate some advice here since it requires significant duplication of effort to recreate all of the set-up from the scratch between instances. Thank you,Sandy

How to Optimize All column Widths in Aurena?

I have a requirement to create a external voucher upload template where users has the ability to use sub project and activity details instead of the activity_sequence.(project is used in the relevany code part field) Once this is used the application should find the relevant activity seq when uploadihng the voucher.Is there a way to configure this in IFS Cloud (without a modification)?

Dear All, Is there a possibilty to send a reminder to a customer about an unpaid invoice that didn't exceed the Due date? For example.The due date of a customer invoice is 31-12-2021. As reminder we would like to send a remninder at 20-12-2021.Can something be set-up in IFS with Reminder templates? Regards Raymond

Hi all, One of the user can not see any of the order reports. There is no any permission issue or, user group or authority class issue. Kindly help me if there are any other settings to view order reports.  Best regards,Theja

Hi,Can some share some insight how or is there functionality in IFS can re-gross the discount amount with tax amount?  The prompt payment discount was derived from Gross Amount which includes tax element, therefore the discount amount calculation has also the tax element.  I can see the whole amount of discount posted to revenue account when customer pay within the payment term, but without the split of tax amount.  

Once transfer of reporting entity balances is done, is it true that one cannot go back and change the Reporting Entity Reporting Currency Base?  We initially started using the Accounting Currency as a base, but determined we wanted to use Parallel Currency instead.  When I tried to make the change, the system gave an error that Reported Balances exist and the change could not be made.  Is there a solution for this?  This is in Apps 10 UPD 7.

Do you have any experience with using consolidation - component GROCON ? We are using app 9 and in January we are about to consider doing consolidation. There are four companies in different countries, different chart of accounts, different accounting currencies and no third currency defined in some companies.

Hello,I am new to group consolidation and is working on an implementation. Have one question on consolidation history.Assume my client goes live on IFS on 7/1 (They are on fiscal calendar). They plan to load 20 subsidiary’s GL balance for all 12 months into IFS prior to go-live. They will have one master consolidation company. What is the easiest way to input group consolidation for pre-IFS history?Option 1Load consolidated balance history from legacy to master company only from 7/1/2021-6/30/22 to IFS.In master company start group consolidation in IFS after going live 7/1/22.  Option 2Load GL balance history of each entity from 7/1/2021-6/30/22 to IFS. Run group consolidation in IFS for historical balance each month from 7/1/21-6/30/22.  This is my client’s preference. Option 1 is easy, but no drill down from master to reporting entity on consolidation query.Option 2 will require lots of work but will allo

Hi AllCan anyone help me to identify the exact reason for the below issue. The below error is triggering while trying to match the PO receipts of consignment supplier.  Thanx in Advance Best RegardsRazan

Hi, I’m trying to setup the Historical Rate Consolidation to ensure that certain balances in the consolidation are retained at the historical rate. I have setup the Historical Rate Consolidation page for the accounts in question but when running the consolidation process I’m expecting posting controls GCP23 and GCP24 to be triggered to make the relevant adjustment, however  no vouchers are being created.What setup is required to ensure these posting controls are triggered on consolidation. Thanks!

Is there a report in IFS that provides CTA calculation details per reporting entity in Group Consolidation?When I generate the consolidated details analysis report, CTA only shows the total amount and does not provide the breakdown per entity.  We need to be able to reconcile this number by entity by obtaining the details. Thanks.

We are testing Group Consolidation in Apps 10 and have a couple of subsidiaries that are not 100% owned. One is 90% owned and the other is 50% owned, and both flagged with a Consolidation Method of Equity Majority. When running the consolidation, minority interest is being calculated and posted as per the posting control, but the calculations are not as expected (both are MI profit calculations are lower than they should be).Are there any other factors we need to take into account when setting up Group Consolidation that influence the minority interest calculation?Any help would be great.ThanksDave 

We have implemented IFS10 Aurena Group Consolidation and we confused on the FX rate workings.Does anyone understand the IFS logic to the working of the FX rate applied to periods beyond period 1 when Income Statement period rates is NOT selected and when no rate type for average has been set up.We are confused what rate the system is calculating for Period 2 because it is giving us a rate that is either Period 2 nor average of period 1 & 2.Any advice would be most welcomeMuch appreciatedSheila  

Hi all I have an error when consolidating P1 when you have only completed a Preliminary year end in the prior year.  The error is that the debit/credit balances do not agree. While the year end is in preliminary status the debit / credit balances will not agree, until we run the clearing cost/revenue balances job.  At year end it often takes months before we are ready to run this job while waiting for auditors corrections.   So am I forced to run the clearing cost/revenue balances in order to consolidate? Then again when the final year end adjustments have been posted?   Any thoughts / comments welcome.   Barrie  

Hi team,The Pre-posting values on the project are not copied to Project finance when we are approving the project. Can someone please help if this functionality is not available in IFS10 UPD7?