Finance (Financials)

This will include the questions related to Financials.

  • 4,277 Topics
  • 11,780 Replies

4277 Topics

A
Do Gooder (Partner)
AbdessamadDo Gooder (Partner)
asked in Finance (Financials)

M18 Code part values

Hello,  In our context we need posting values on the M18, indeed this posting is related to a cost accounts that we use for projects and activities. Is there a way to have posting values on this posting control  ?  I thought about using automatic posting rules but it can’t work since i do not have any code part values M18. Best regards.

2
TimeMarBou
Hero (Partner)
2 months ago
M
Sidekick (Partner)
MelTanyaSSidekick (Partner)
asked in Finance (Financials)

Group Consolidation Module

Hello to the community,  I am trying to start using the consolidation module; I created a company as a master company; now i am wondering why I can’t find the module “GROCON” related to group consolidation in the LU list. Does anyone know what could be the reason why I can’t find the module? Thank you,Tanya

4
M
Sidekick (Partner)
3 months ago
B
Do Gooder (Customer)
bbooth32Do Gooder (Customer)
asked in Finance (Financials)

Direct Shipment (Supplier to Customer)

Can a direct Shipment be billed in multiple Invoices?  Example, we  have a CO for 1500 pcs which creates a PO for 1500 from the supplier.  When the 1500 pcs it Debits CoGS and Credits RNV for the receipt of the 1500 pcs.  But the shipment is actually on two containers (one with 1000 pcs and one with 500 pcs).  Can we create two separate invoices?  One for 1000 pcs and another for 500 pcs?  the test we did allowed us to change the qty on the invoice to 1000, but it will not allow us to bill the other 500 pcs.  Thanks in advance for the help.  

1
T
Superhero (Employee)
8 months ago
W
Do Gooder (Employee)
Willem van den ReekDo Gooder (Employee)
asked in Finance (Financials)

Hungary real-time, electronic tax reporting 3rd Party Service Provider?

Hi all,One of our Customer's is doing a roll out to one of their Sales Offices in Hungary. I understand that in Hugary there is a legal requirement to have real-time, electronic (sales) tax reporting in place. And that part of this requirement is covered in GET / Global Extension. But that we also need to work with a (local) 3rd party service provider for the actual data sharing.Does anyone here have experience or knows any of those service providers?Thanks in advance!

1
M
Do Gooder (Employee)
1 year ago
K
Do Gooder
Kasun PradeepDo Gooder
asked in Finance (Financials)

Change Net value of asset

Hi friends  How to rectify below error ?

1
T
Superhero (Employee)
1 year ago
R
Sidekick (Partner)
RakeshSidekick (Partner)
asked in Finance (Financials)

Customer Consignment Stock Invoicing

Hi Team, As, I am working on Customer Consignment Stock model in IFS for first time.Humbly request you to please guide how the invoicing will be handled for the Consignment Stock.Also Suggest if any special set up needs to be done in terms of basic data & posting controls for invoicing. Note: The scenario is Customer will only be invoiced on consumption of goods. Thanks,Rakesh

0
R
Sidekick (Partner)
11 months ago
S
Sidekick (Customer)
semonSidekick (Customer)
asked in Finance (Financials)

How to setup residual value rate or value in depreciation method

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.

2
S
Sidekick (Customer)
10 months ago
A
Do Gooder (Partner)
AbdessamadDo Gooder (Partner)
asked in Finance (Financials)

Manual customer invoice - Ledger account

Hello,  I need to create manual customer invoices with a ledger account at manual posting. Is there a way to do that ? I tried through manual voucher wich is impossible too. How is it possible to override this limitation ? Best regards

5
A
Do Gooder (Partner)
3 months ago
J
Sidekick (Customer)
JStackSidekick (Customer)
asked in Finance (Financials)

Advanced Invoice - Tax Rate Differences

We are currently on IFS Apps 10, update 14 utilizing the Vertex Tax software.  When creating an Advanced Invoice with lines with different tax rates, the system will not auto calculate tax.  We get a message that tax must be entered manually but we can’t enter manually on an Advanced Invoice. Example: Part line is taxable in the state Virginia (USA) but freight is not considered taxable.  I need the freight to be included in the total of the Advanced Invoice.  How can I accomplish? Thanks

2
T
Superhero (Employee)
1 year ago
S
Do Gooder (Partner)
SandyDo Gooder (Partner)
asked in Finance (Financials)

Customer Reminders

Our client’s requirement is to send the customer reminders in the following sequence.14 days before the due date 7 days after the due date 14 days after the due dateCan we do this via one template? - I have ‘include invoices not due’ in the template. However, where would we define the number of days?Help on this would be much appreciated.Thank you,Sandy

0
S
Do Gooder (Partner)
11 months ago
N
Hero (Employee)
NarmadaHero (Employee)
asked in Finance (Financials)

Disable Parallel Currency on an existing company

Hi,We created new company for one of our customer by enabling parallel currency and create most of the basic data on it. Eg: Accounts, Inventory part, Sales part, Price list, Ect.We haven’t migrate any transactions yet & they want to remove the parallel currency via data repair. will this be impact on future transactions. 

1
cperdue
Hero (Partner)
1 year ago
A
Do Gooder (Partner)
AwijeDo Gooder (Partner)
asked in Finance (Financials)

creating Q vouchers in period 0

it is not possible to create journals in period 0 with a Q voucher type voucher

2
A
Do Gooder (Partner)
10 months ago
T
Sidekick (Employee)
TolinnSidekick (Employee)
asked in Finance (Financials)

ISO20022 credit transfer file not accepted by the Danske bank

Hello Community members, One of IFS UK customer’s has an issue, when they’re sending the ISO20022 credit transfer file from Cloud to bank via SFTP integration. Danske bank is rejecting the file with following information: RR07 - RemittanceInformationInvalid - Remittance information structure does not comply with rules for payment type - Payment types Standard & Internal do not allow message to beneficiaryWe’re using the standard ISO core Transformer on the Routing Address  What could be the reason of this error occuring? 

1
Link
Superhero (Customer)
5 months ago
S
Hero (Employee)
Samuel JokinenHero (Employee)
asked in Finance (Financials)

Fixed asset base value after Lease Accounting contract extension

Hello community, I have occurred a problem with Fixed assets base value after I have made an extension to my lease accounting contract. The situation is:When I have done the initial recognition posting the base value is automatically registered for the FA object After that I have done depreciations for the full amount and during the last contract month I’ve decided to extend the lease contract However, after I have entered the extension information for the LA contract and done the recognition posting, I do not get a register for the FA object base value. Currently, only adjusted acquisition value gets updated, but as the base value doesn’t update, the object shows that it has been fully depreciated. How do I get the base value updated as well?Please see the attachments for more information regarding the setup I use.

0
S
Hero (Employee)
9 months ago
JJäthing
Hero (Partner)
JJäthingHero (Partner)
asked in Finance (Financials)

CAMT054 credits Danske Bank

We are about to implement CAMT054 with Danske Bank and we run into issues when our customers use credit invoices in their payments. The part of the file from Danske Bank where these entries are made looks strange, the credit is defined using the tag “TP” as shown below:                    <TxDtls>                        <Refs>                            <EndToEndId>NOTPROVIDED</EndToEndId>                        </Refs>                        <AmtDtls>                            <PrtryAmt>                                <Tp>DBIT</Tp>                                <Amt Ccy="SEK">18144.00</Amt>                            </PrtryAmt>                        </AmtDtls>                        <RltdPties>                            <Dbtr>                                <Nm>AKADEMISKA HUS AB BOX 483</Nm>                                <PstlAdr>                                    <Pst

0
JJäthing
Hero (Partner)
1 year ago
L
Sidekick (Partner)
Luiz RSidekick (Partner)
asked in Finance (Financials)

PO with Direct Delivery - Different Tax Code in MSI

Hello, I have the following scenario: Customer Order with Supply Code Purch Order Dir that generates a Purchase Requisition and a Purchase Order. The PO has Direct Delivery.  I need to have a different Tax Code when I create the Manual Supplier Invoice based on a PO with Direct Delivery. Is it possible to set up?Or at least have some kind of alert that the PO had Direct Delivery so I can be aware and change it manually?  Thanks in advance

3
cperdue
Hero (Partner)
1 year ago
L
Do Gooder (Customer)
LACHDo Gooder (Customer)
asked in Finance (Financials)

Not able to back date supplier preliminary invoice voucher date

Hi, all this while we were able to back date preliminary manual supplier invoice without any issue. We have a new company with Italy localization enabled and we are not able to change the voucher date on the manual supplier supplier invoice window any more. It always reverts back to current date. Is this is company level parameter or because of Italy localization? Appreciate if someone can assist :)

0
L
Do Gooder (Customer)
1 year ago
M
Do Gooder (Customer)
MPChrisDDo Gooder (Customer)
asked in Finance (Financials)

Project Accruals posting control

The posting controls PMA1 and PMA2 for the Project accruals have been set up but the PMA2 entry for the balance sheet is using the same account code when it posts as GM accruals. Probably a simple flag not set up since it was working while testing earlier in the year on a test system.

1
Ieva Rituma
Superhero (Employee)
1 year ago
Y
Do Gooder (Customer)
yoderkdDo Gooder (Customer)
asked in Finance (Financials)

Leave project open, but complete Financial Project

Is there anyway we can stop running periodical capitalize & rev recognition on a Financial project?  We will have a project open for months after completion for multiple reasons - retainage that can’t be invoiced yet, warranty, payments terms, etc.  However we don’t want to continue having the Financial project show up month after month in the periodical cap & rev rec process, when we know longer want to calculate Rev Rec.  Are there any suggestions?  The only thing that can be currently done is changing the valid period to a future date, but we don’t want to do that.We are in Aurena - 10.14

0
Y
Do Gooder (Customer)
1 year ago
J
Hero (Employee)
Janith BandaraHero (Employee)
asked in Finance (Financials)

Setoff the balances receive as FOC through shipments

Topic was raised on behalf of Case ID  G2324889 The items receive on the FOC (free of charge)  basis in shipments need to be set off from the GL 1361010 - Trade Advances - Import (PP37)- Pre paid Import Advances. For the first time we receive such through a shipment arrived in March. Therefore please advise on how this transaction should be accounted in IFS. 

2
Ralph Gericke
Hero (Employee)
2 years ago
Kalhari Dissanayake
Hero (Customer)
Kalhari DissanayakeHero (Customer)
asked in Finance (Financials)

Customer statements don't show any customer payments

Hi Team,Customer create customer statements.  This should be a record of all the transactions they had during a given voucher period.  Which should show invoices due, check payments against an invoice, and any invoices where interest is charged.Can this be accomplished?  Customer was able to do something similar to what they wanted with the customer transactions report, but this can't be batched and sent to all customers at once.  One run one at a time. Kindly advice.Thank you and Best regards,kalhari.. 

0
Kalhari Dissanayake
Hero (Customer)
2 years ago
E
Do Gooder (Customer)
eslconklinDo Gooder (Customer)
asked in Finance (Financials)

1099 output/PDF showing incorrect tax year

When i create a tax proposal and run the preliminary report, the printout shows a tax year of 2022.  I use date for the Period/Date Range. But the print out shows 2022 How can i fix this?  

3
E
Do Gooder (Customer)
2 years ago
B
Hero (Partner)
bytsophanHero (Partner)
asked in Finance (Financials)

rotable Pool Fixed Assest book

Hi i have never used the rotable pool functionality but maybe someone can help me with this odd question:If I have allready a fixed assets book, do I need to setup a new Book for the rotable pool. Is it best practice or can I use the existing book? Does it have any impact on the existing book? Best RegardsSophal

0
B
Hero (Partner)
2 years ago
N
Do Gooder (Partner)
NagarjunaDo Gooder (Partner)
asked in Finance (Financials)

IFS 8

Hi Friends, Can you please help me which screen is this view CUST_ORD_INVO_STATVersion IFS Apps 8 Regards,Nagarjuna

2
N
Do Gooder (Partner)
1 year ago
D
Do Gooder (Partner)
DarshiGDo Gooder (Partner)
asked in Finance (Financials)

EDI Remittance Advice Customer Payments External File

Dear Experts,Appreciate it if you could guide me with regards to the steps that I need to follow to import Customer direct remittance using CUP_REMADV (EDI Remittance Advice Customer Payments) template. 

0
D
Do Gooder (Partner)
1 year ago

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