Finance (Financials)

This will include the questions related to Financials.

  • 4,318 Topics
  • 11,891 Replies

4318 Topics

G
Hero
GayanDHero
asked in Finance (Financials)

Interest Invoice - Redo Invoicing with a rate

Hi,We have made a Interest Invoice with a wrong interest rate for a customer.And we need to redo invoicing with a new rate.How do we do this?We created a credit invoice for the previous invoice to reverse it.But now it does not show any invoices for the new proposal on same date.ThanksGayan

1
T
Superhero (Employee)
1 year ago
S
Do Gooder (Employee)
sueshirleyDo Gooder (Employee)
asked in Finance (Financials)

Group Consolidation - new Consolidation Period

I am trying to a Consolidation.  Using Consolidation status,  New consolidation period,  No periods are available in the drop down.  Where is it reading the periods from?  Perhaps I’m missing something. I believe all of the basic data is complete.   The documentation says the consolidation is almost just a push of a button.  Where’s the button? :-) 

1
AkilaR
Hero (Partner)
1 year ago
N
Hero
Nagah.khaledHero
asked in Finance (Financials)

There is a difference between account GL Balance and it’s Voucher information as shown below.

after archiving the GL, There is a difference between account GL Balance and it’s Voucher information as shown below. 

1
F
Superhero (Partner)
1 year ago
N
Hero
Nagah.khaledHero
asked in Finance (Financials)

UNABLE TO CLOSE ACCOUNTING PERIOD

I’M TRYING TO CLOSE ACCOUNTNIG PERIOD FEB-2023, BUT SYSTEM RAISED THE BELOW ERROR. 

1
F
Superhero (Partner)
1 year ago
Mohashin Sohel
Do Gooder
Mohashin SohelDo Gooder
asked in Finance (Financials)

IFS License showing invalid

Since last three days our IFS license is showing invalid . we can’t login in IFS. We are sending repeated emails to IFS. But we are not getting any response from IFS Sri Lanka .We would appreciate your valuable advice

1
N
Superhero (Employee)
1 year ago
R
Sidekick (Customer)
ROXTOBBRISidekick (Customer)
asked in Finance (Financials)

Customer Bills of Exchange multiple invoices

Hi! We use Customer Bills of Exchange in Enterprise Explorer Apps 10. And when doing so we first create a Payment document proposal and in Customer BoE we then use the Create BoE from Payment Doc Id. That works perfectly because we can select multiple invoices at once as shown below.  When trying to do the same in Aurena we encounter some issues. In Aurena we do the same procedure with the payment proposal. But when we want to select multiple invoices it doesn’t work. We can only select one invoice at a time and that makes the process extremely time consuming.  Has anyone else encountered this issue? And even better, does anyone know a solution for this?  Best regards, Tobias

1
T
Superhero (Employee)
1 year ago
J
Do Gooder (Customer)
jvosbornDo Gooder (Customer)
asked in Finance (Financials)

Customer Order Cancellation Date

Is there a field in IFS that records the date a customer order was cancelled, or records any other customer order status changes?  It’s likely hidden but trying to build it into a SQL query.

1
F
Superhero (Partner)
1 year ago
HoiJewelP
Sidekick (Partner)
HoiJewelPSidekick (Partner)
asked in Finance (Financials)

Posting amount not updating in Supplier Interest Provision proposal

Hello Team,I have created a Interest Template with following settings Now when i am creating supplier invoice and after that i ran the invoice interest posting proposal, it creates the interest provision but the amount is not posting. Can you guys tell me if i am missing any steps?  

1
P
Hero (Employee)
1 year ago
D
Sidekick (Customer)
DanTraytonSidekick (Customer)
asked in Finance (Financials)

Replicate Intrastat Logic in SQL

Hi Everyone,I was wondering if anyone has discovered an easy way of replicating the logical that IFS uses to create Intrastat reports in SQL? The reason why we are looking to do this is because we would like to see the parts which will appear on the Intrastat report without creating a new one in IFS.I’ve run the debugger in a test environment and this looks to run the following the following line:.Intrastat_Manager_API.Start_Intrastat_Process I’ve taken a look at what this procedure looks to include but before I go any further with this approach I was wondering if there was an alternative way of doing this?We are currently running IFSAPPS 10Many Thanks,Dan

1
P
Hero (Employee)
1 year ago
SILROZ3516
Do Gooder (Customer)
SILROZ3516Do Gooder (Customer)
asked in Finance (Financials)

Transactions Back date for previous month

My company has Annual stock count on 01st April 2023. but I need to reverse this transactions to previous financial year. is it possible or not? if possible please let me know the steps. Thank You

1
F
Superhero (Partner)
1 year ago
hrdilshan
Sidekick (Employee)
hrdilshanSidekick (Employee)
asked in Finance (Financials)

Group Consolidation Issue - ORA-01400: cannot insert NULL into ("IFSAPP"."CONSOL_INTER_COMP_BALANCES_TAB"."ROW_ID")

When Running Group Consolidation , we are getting this Error Note - Please note that we have recently added a new entity under this node, IE10, which could be the reason for this error, but we don't know what the issue is.This error is happening with all four structures mentioned above. Attached is an example of the error in Opera  

1
hrdilshan
Sidekick (Employee)
1 year ago
H
Do Gooder (Customer)
HERRONEDo Gooder (Customer)
asked in Finance (Financials)

Bank Address Columns

Can anyone advise what the Data numbered columns are for in Bank Address screen in Apps 10? Some of these are free text and some are check boxes. Help function doesn't explain what these are used for and there is no zoom or list of value options.  

1
F
Superhero (Partner)
1 year ago
S
Sidekick (Customer)
SMcLeesSidekick (Customer)
asked in Finance (Financials)

Schedule Task for specific date minus 3 working days

How do I set up a task schedule for a specific date but include working days in the calculation If I want to set up BACs/DD proposal for same date each month, but I need to do that 3 working days earlier, I can’t always use the same date?

1
T
Hero (Employee)
1 year ago
C
Do Gooder (Customer)
cwarwickDo Gooder (Customer)
asked in Finance (Financials)

All Levels Cost Calculation

Hi, Our SKUs have multiple levels, we have raw ingredients for one level, utilities for another, and then labour. I want to want ‘rollup’ a single sku, i can use the function “all level part cost calculation’, It’s now year end and i want to update utilities for every SKU we have, how do i do this reval calc on mass? Thanks 

1
T
Superhero (Employee)
1 year ago
G
Hero
GayanDHero
asked in Finance (Financials)

Missing Curr Code on YE Vouchers

Hi,We see that YE vouchers created does not have a Curr Code code part, even though Currency Balance is enabled for the Account. Is this normal? And we get below error in Currency Revaluation for this GL Account.Currency Revaluation is not performed for this account until now.ThanksGayan

1
A
Hero (Customer)
1 year ago
L
Sidekick (Customer)
LKACH
asked in Finance (Financials)

Indian Audit Trail (MCA)

Dear All,According to the Indian Ministry of Company Affairs (MCA) notification dated March 24, 2021 (Companies (Accounts) Amendment Rules, 2021), for the financial year beginning on or after April 1, 2021, every company that uses accounting software to maintain its books of account shall use only Accounting Software that has a feature of recording an - Audit Trail of each and every transaction,  Creating an edit log of each change made in books of account along with the date when such changes were made.  Ensuring that the audit trail cannot be disabled. The MCA has later announced that the above amendments will take effect on April 1, 2023, which suggests that accounting software used by businesses will have to comply with the Accounts Rules beginning in the financial year 2023-24. What is the solution in IFS Application regarding Audit Trail features as per MCA Mandate?Which transactions are considered for Audit Trail features?

1
T
Superhero (Employee)
1 year ago
AntOlivFr
Sidekick (Partner)
AntOlivFrSidekick (Partner)
posted in Finance (Financials)

Enhance Staged Billing to allow reversal

We have a number of customers who utilise staged billing and have found that once invoiced a staged billing line cannot be backed out and changed. This is surprisingly common in many industries and requires some very unusual workarounds and fudges. When an invoice is cancelled we think this should reset the staged billing line so it can be edited.

1
T
Do Gooder (Customer)
3 months ago
R
Hero (Customer)
ronhuHero (Customer)
asked in Finance (Financials)

how to fix this project posting error?

Community, how to fix below error, just borrow your mind. For some reason I cannot make an entry to project S101978. I checked project is open and activity ID is open, however system does not let me to make an entry. 

1
AkilaR
Hero (Partner)
1 year ago
S
Do Gooder (Partner)
SandyDo Gooder (Partner)
asked in Finance (Financials)

Inter-site/inter-company Service transfer at profit

Hi,IFS has ‘intersite’ profitability functionality for inventory movements. Does IFS provide room to provide service between sites at a profit?our client has two scenariosSites (under the same company) and one site provide service to others @ a mark-up. Several companies (one IFS instance) and provides services to each other @ mark-up.we cannot use non-inventory parts hence it does not support for intersite profitability.  Thank you,

1
Carlo Palma
Sidekick (Partner)
8 months ago
A
Do Gooder (Partner)
AbdessamadDo Gooder (Partner)
asked in Finance (Financials)

Postings for Interim Sales Vouchers not generated

Hello,  I have a question about the Interim Sales Vouchers.I tried to create Interim Sales Voucher for a company. I have a few preliminary invoices in Outstanding Sales screen but nothing is generated in the “Posting for Interim Sale Vouchers screen”.I created all the posting related from M170 to M177. Can you suggestion any solution to this situation ? Best regards

1
T
Superhero (Employee)
1 year ago
Y
Sidekick (Partner)
yenSidekick (Partner)
asked in Finance (Financials)

Supplier invoice J voucher get reversed by K voucher

I cancelled an supplier invoice with J voucher by an K voucher.  However the K voucher not reflected in any of the Voucher (hold table or GL).  It causing i have distribution error unable to close accounting period.I found nowhere is the K voucher? Can shed some light on this?

1
Y
Sidekick (Partner)
1 year ago
D
Sidekick (Customer)
dmooreSidekick (Customer)
asked in Finance (Financials)

Account Code Error Message

Good Morning - Can anyone advise what is meant by the error message below?  - Thanks again for your help  

1
Ieva Rituma
Superhero (Employee)
1 year ago
T
Sidekick (Employee)
TolinnSidekick (Employee)
asked in Finance (Financials)

Cloud - M50 posting error

Hello,We’re facing a case in Cloud, where our background job for rerun of erroneous Supply Chain and manufacturing postings for a particular site is ending up itself in status “error”. Following information is provided:  We’re unable to determine, what causes the error to occur. All the inventory transaction related to issues to work task/work orders are either in status transferred or completed. For the transactions that are in status “completed” we’ve checked that corresponding combination rules are in place (combination rule consists  C54 - Work Type and C32 - Accounting Group for Inventory Part). We had a similar case for another site, which we were able to solve by adding Default Value no Details.My questions are 1) If a work type is added to a Work Order after inventory transaction and M50 posting has been created, do the steps differentiate from EE to Cloud in order to get the posting error fixed with our posting controls? (Assumed steps: Add the work type to work order and comp

1
T
Superhero (Employee)
1 year ago
R
Do Gooder (Customer)
RELAPOROSHINDo Gooder (Customer)
asked in Finance (Financials)

Block Orders Without Commissions Applied

In IFS, is there a way to block orders from being released if they do not have commissions applied to them?  Thank you for your help! 

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

Customer Credit Limit/Blocking

Hello,We are using IFS Applications 10.We wish for the Credit Block functionality (via "Credit Limit" value on Customer:Credit Info tab) to consider only our Customer AR Balance (Unpaid Invoices) and not the sum of Customer's AR Balance + Total Value of Open Orders (i.e., Backlog Orders) when performing credit checks during Customer Order processing.Is this possible?   Thanks for the help!

1
T
Superhero (Employee)
1 year ago

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