Finance (Financials)

We need some help with the consolidation process in IFS 10. We have succeeded with some of the steps but there are some issues left, e.g. currency translation and elimination of inter-company transactions. Below I list the steps that we have done.   Map subsidiary accounts (Accounting rules -> Code string -> Accounts field Account group) Specify which months to consolidate in the parent company (Financials - Consolidation -> Group Consolidation -> Balance Transfer and adjustment -> Reporting status) Give permission to employees to perform the consolidation. (Financials - Consolidation -> Group Consolidation -> Consolidation Basic Data -> Consolidation Security) Transfer data (Financials - Consolidation -> Group Consolidation -> Balance Transfer and adjustment -> Balance Transfer Assistant) Approve reporting journal (Financials - Consolidation -> Group Consolidation -> Balance Transfer and adjustment -> Reporting status) Create consolidation str

Hi all, I am working in setting up the Group Consolidation basic data. From the document, I understand that we have to define a code part with the Code Part Function ‘Consolidation’ un the master company and put the list of reporting companies in the code part values. I have done it but and I don’t understand how the code part is used afterwards. When I transfer balances from reporting companies and run the conso process, this code part is empty in the consolidated balances. Did I miss a mapping between the reporting entities and this code part? Thank you very much for your help. 

Hello,I´m having some issues with “min amount of days” in the reminder template and reminder level. In level 1 its stated 7days and that works out fine, but in level 2 the amunt of days is stated to 10 days,The reminder proposal does not take that in consideration and calculate 7 days as well for that reminder level.Anyone who knows if this is a bug or if I´m doing something wrong? Thanks in advance. 

Hi All. We have problem assuring invoices being entered only once in the IFS Financials. The Invoice identity is validated to be unique, but that does not work if spaces are typed by mistake at the end or the beginning of the field. Any good idea or practice to suppress the leading/Trailing spaces in the IFS fields upon entry?

We have a situation where a PO has been receipted for £825, which is more than the value of the invoice £819.50. Unfortunately we cannot cancel the receipt as it has been matched to the supplier invoice and paid. The only way I can think to undo is… Cancel the bank reconcialition Cancel the invoice payment Cancel the supplier invoice Cancel the receipt Then re-create it all.Is there a more efficient way?ThanksBob

Unlike this issue reported here ...We are looking to switch off the “Same No Prelim and Final Supplier” setting.  We run Apps9 and are using Supplier Invoice Workflow.  One of the companies in the group are challenged each Year End by having to remove any Prelim Invoices before moving over to a new Accounting Year because they have an I voucher allocated already.  This has been heightened this year by them starting to use Document Management to attach copy invoices to the Prelim on IFS. Like many other companies, I’m sure, we have ‘year specific’ voucher series set up for I and J vouchers.  Prelim Supplier invoices posted in current year have current year prefix so error when trying to finally post in New Year.   When we tried to test processing invoices having unticked the “Same No Prelim and Final Supplier” box we encountered the following error Our I voucher type is set to Automatic Allotment  of voucher J voucher type is not When trying to change J to Automatic Allotment I encounte

The table "Authorize Invoices for Payment" is empty whereas many supplier invoices are at the status "PostedAuth" in the company ZZZ-Création société" in the environment  https://ifstest.amplitude-laser.com/ 

Hi Folks, Is there an element of configuration, mapping fields, etc. for the S071 tax template? Could you please help me with this process? Best regards,Thakshila

Hi Community,This is related to findings in an internal audit.As per an internal audit observation within our company, the system lacks controls related to 3 Way Matching of Supplier Invoices.We need to understand the standard functionality offered by IFS related to 3 Way Matching of Supplier Invoices-Do we have the option to define tolerance in terms of price and qty while matching supplier invoices?-Does the system put any holds on invoices entry if the matching is outside the defined tolerances?-If any holds are put how to authorize entry of invoice outside tolerance limits?So, is there any possibility for above?

Hi all, How to use IBAn and domestic bank account in IFS APP 10 for one bank On this pagehttp://powerace.ifscloud.net/ifsdoc/documentation/en/TMCashBook/BasicDataReq/CBBasicDataReqBE.htm Is described how you must work when a bank uses IBAN and domestic bank account. When I configure that i get the following error when i look at external File load ID So i've removed one of the account numbers and the processing of the bank file worked. How can we use both?   Kind regards, Raymond   

What is the procedure for getting a Company Template Imported in IFS Cloud?

I have another issue with the Export to Excel with Report Generator.  If the DLS has 3 levels:Is there a way to get these to populate on the Excel Report even if no G/L activity for one of the Codeparts exist?  Currently, only getting the following: 

Hello,Do we have any localization functionality available for Germany in IFS CLOUD, which needs to be considered before implementation? ThankRaj

Below you’ll be able to find an example of the problem that I’m dealing with.Line 1 of Purchase Requisition has Pre-Posting.Line 2 of Purchase Requisition has Distributed Pre-postingOn GL Committed Cost Balance Analysis I do the following steps:RMB and then “Transfer Commitments” Filter by Year and PeriodThe information regarding Line 1 of Purch Req is here:But regarding Line 2 (distributed pre-posting) is not here, and after a long search I found it here:Why this happens? This shouldn’t happen, right?Thanks,JoaoEnvironment: IFSAPPS10

Hi CommunityCan someone please assist me with this:Mix payment screen APPS9:How are these calculated IE:Calculated balance: what is this made up of ? what is being calculated and what is the purpose/functionActual Closing: is this the closing balance from the payment institute as at the month end?Opening Balance: Is this the opening Balance that will be reflected for the new monthPlease do share knowledge  

IFSAPPS9 - We have Trial Balances set-up with 3 levels of DLS in Report Generator:  And the Layout is as follows for each level:​​The output we get when exportind from Report Archive has an extra column titled ROW HEADER that we would like to eliminate but not certain how it is populated.  It is essentially the ID/Description of Level 3 DLS in it’s own column.   Anyone have any ideas?Thanks!

Is there a way in IFS Apps 10 EE to implement orders over 10K require CSC authorization?  How we have the system setup currently this an all or nothing (this is how we were instructed to setup) but looking to see if there is an update pushed that allows this functionality. Thank You

Hi Experts,There is no authorizer and acknowledger auto come out, need to add manually. Please assist. 

We have converted to IFS CLOUD, from IFS 9… Previously, we were able to edit a Customer invoice in Preliminary state, however we cannot figure out now, how to edit from the Manual customer invoices section of IFS Cloud…. There is no “edit” option in this screen, or in any of the “analysis” screens … Any help would be greatly appreciated! 

Hi :)I’ve created a new company using an existing one. And now I’m trying to finish the company’s configuration in the IFS menu “Company”.My first problem is with the address, I can’t edit the address fields. Do we need to create an address identity but in a different menu point in order to be able to have it here?:Thank you very much in advance,Ana

Hi,We use App 9 and see a IP27 in a Instant Invoice postings with 0 amounts in Accounting Currency.But the Parallel currency rate on the voucher rows is same.Does anyone know why we see IP26/IP27?And is it recommended to use a Tax Account on IP26/IP27 Posting Types?Thanks 

Could you please explain me the process of how to post a Manual Customer Invoice when it is created and is at the Preliminary State? 

Dear Experts,I can not see any data on the posting proposal window. Can any one of you advise on this issue?  

Please explain how the CIS module is compliant with regards to the HMRC CIS340 document paragraphs 3.1 to 3.10 https://www.gov.uk/government/publications/construction-industry-scheme-cis-340/construction-industry-scheme-a-guide-for-contractors-and-subcontractors-cis-340 please refer the attachment for further details.

Hi Team,Is it possible to create a Voucher Template in IFS Cloud? Rather than passing vouchers every time it would be ideal to have a template and upload. Please help!