Finance (Financials)

Hihow do you handle customer bankruptcy in IFS.When a customer files for bankruptcy I would like the system to:-provision the amount due-block the customer in the dunning system, so they don’t get dunned-exclude the customers from the customer age analysis etcas it can take year before the lawyer are finished with closing the bankruptcy case. Is there a function or a used process in IFS when customer bankruptcy happens.I know that there is a bad debt system but it doesn't seem to solve the issue or have I overlooked something. ThanksSøren

Hi there,Hopefully someone can help.I need to raise the invoice 15 days prior the start of each billing period. I have confirmed with my team that  that we do not future date the invoice and use the actual date that we issue but doing this will trigger posting to revenue then I will need to do manual entries monthly to reclass this as deferred income on the balance sheet.How can I automate this procedure to post revenue as deferred and then reclass the posting to the P&L on the 15th on the following month?

Hello, we have a situation where our AP group entered some write-off supplier invoices in error.  Their practice is to enter manual invoices that net to 0 and they are in state PaidPosted in closed accounting periods.  They would now like to undo those invoices and enter new ones for payment.  I am aware of supplier payment rollbacks, but I’m assuming that method wouldn’t work with a 0 value invoice since no payment was generated.  Is it possible to undo these invoices and enable the receipts to be matched normally?  Also, is there a better method of doing write-offs?   Thanks.

How can I set up a folder in windows 10 that can only be saved to direct from IFS (i.e can’t be changed after file is created)

Getting this error at Final Invoice Posting - any help would be appreciated

Hello All, Can some explain the funciton of the field Mpccom_Accounting_id in the view: GEN_LED_VOUCHER_ROW_UNION_QRY. I have a situation where 2 different voucher_number which have the same voucher_type (MPR)have the same value in the Mpccom_Accounting_idOn voucher is created in Oktober 2022 and the otherone in November 2022.Is it normal that there duplicates in the field Mpccom_Accounting_id when vocuher number are different?How can that happen?How to solve that?Regards,Raymond

Is it possible to disconnect an advanced payment from an order reference that was made at the time the payment was posted? We have  a proforma payment that was made to us and connected to a customer order, the customer has now cancelled the order and we have repaid the pro forma however we cannot cancel the order on the system as it is connected to the original payment. Thanks, Georgina

Hi ThereCompliments of the season!can lease accounting in IFS APPS10 be used on the following conditions.• A lease contract over a period of example 10 years with an annual payment and not monthly payments • A lease contract of example 5 years with the lease installment paid in advance in the beginning of the contract." Thank YouMona

There is an IL defined by someone and when an end-user tries to add himself to that via ‘Users per Internal Ledger’, the window is empty even when he populates it. He can see the IL in ‘Define Internal Ledger’ screen and also can see the IL in Accounting Periods. Required permissions are available for this user, is available in users per company, users per user groups etc.However, when the user is added to ‘Users per Internal Ledger’ by app owner, he can view the list and do the required activities in that IL.Could someone explain if the core functionality is designed this way? I.e. only the end-user who creates the IL ID can add others who need to use the IL/view the IL details (initially) in to ‘Users per Internal Ledger’?  

Hi expertsin Ifs Cloud 21R2 you were able to define the FTP path for attaching files in external supplier invoice:  in 22R1 this is missing now how do i make attachements now?

Hi,We’re creating a new site for our Slovakian business and trying to understand if we got any Slovakian Localization available. Any related localization guide or documents related to Global extension would really help.We’re on IFS10 IEE (UPD 15). Thanks in advance :)

Hi TherePlease assist/Guide me with the error on voucher entry screen:“Cannot find FA year and FA period for event date 10-JAN-23. Please check the Depreciation Calendar.”  The Calendar exists in IFS Thank YouMona

​System automatically authorized to the payment of supplier invoice after preliminary posting when first instalment amount = 0. Below is example of system behavior: Create invoice with payment plan with first instalment amount = 0 Preliminary post invoice  First installment was automatic authorized and got status “Paid”, manual supplier invoice got status “PrelPostedAuth”:    In my opinion invoice shouldn’t has status “PrelPostedAuth” because it wasn’t authorized to the payment.I asked about it RnD and this is the respond: System has been designed to authorized automatically if the first installment is Zero as there will not be any actual payment happen. In this case, the amount is zero and it is automatically marked as Paid. Then invoice will go to PrePostedAuth state. Likewise, one of several installments are authorized, the invoice will go to status %Auth, either PrelPostedAuth or PostedAuth depending on if you have postings. Furthermore, when you manually authorize the first i

Hi peoplesI am doing the set up for expense sheets and looking at setting up default tax lines for the expense codes. My question is can these defaults be overridden? For example a taxi fare in Australia will have 10% GST however taxi fare outside Australia won’t have GST. If I create default tax line all taxi fares will have the 10% GST how do I override this. I am on IFS Aurena ThanksGT

Dear all, I have come across the following issue.Tax calculation is wrong at the application for payment.  AFP is in planned status. The sales contract related to the AFP is in active status and have not tagged a tax code. But it captured the tax codes defined in the customer address level (Which is wrong). Later one tax code is removed and cancelled AFP & created new AFP to reflect the new tax. Tax remains as zero.Please suggest me a solution to reflect the new tax amount in the AFP, which is defined in the customer address level. Thank You

We have non-inventory sales parts, and I am trying to find where on IFS I should go to see how that part is mapped to a certain account?The way I am used to parts is that they should be mapped to a certain cost account and revenue account, but I am new to IFS, so where is the place to go and see where the sales part is mapped? Also is that the same place to go to change how the item is mapped, can I edit that?Thanks 

Where do you request 1099 tracking in IFS Enterprise Explorer?

One of our clients asked if it would be possible to migrate all Swift code for all countries. We do not know the entire number of SWIFT codes, but we believe there are millions of records. It might be possible to migrate, but it would probably overload the database and degrade performance. So, if anyone has experience migrating all Swift code or knows of a company that has set up and operated with all code, please kindly advise me whether it is possible to set up and operate with all code.If you partially set up and use the SWIFT code, how did you sort out the target data? (For example,  registered only SWIFT for your trading partners bank, etc.)Or is it normal practice to register the code when it is required for each remittance?I could really benefit from your expertise. 

I am trying to fetch the accounting structure items by passing four required parameters as shown below API call. This is as per the API Doc and am using PostMan with a valid bearer token.https://myifscloudapp.ifs.cloud/main/ifsapplications/projection/v1/AccountingStructureHandling.svc/AccountingStructureItemSet(Company='mycompany',StructureId='mystructure',StructureItemType='Node',NameValue='mynamevalue') I am getting the below error response, not sure why:{    "error": {        "code": "ODATA_PROVIDER_ERROR",        "message": "An internal server error occurred. Contact administrator.",        "details": [            {                "code": "INVALID_KEY_VALUE",                "message": "The key value 'StructureItemType' is invalid."            }        ]    }}Please respond if you have encountered this and have resolved. Thanks!

Hi All,We are facing some difficulties with Tax Ledger in several months. There are some Manual Supplier Invoices that has different net amounts in Tax Transactions and in General Ledgers.The deviation is 0.01 or 0.02 with plus and minuses.  Any ideas to solve this problem please?

Hi  Is Anyone has any experience in practical usage of Internal Elimination  I would like to know when that functionality can be used  thanks for any tips

We recently had an issue when uploading the xml file to our bank that is generated through the BACS run, where some one had accidentally added too many numbers to the account number.Looking at the payment address on the supplier record I can see the creditor account and clearing system member id field is not limited to 8 & 6 characters, is there a way of doing this or will it be a matter of creating an custom event to stop the user inputting more than 8 & 6 characters for these fields? 

Hi Community,I need to write off some inventory which are physically not available. One option is to go Issue Inventory and that stock will go out.Is there any other way we can write off with a journal entry relating to the stock value?ThanksSu

Dear All, How can I change / define the NOTC (nature of the transaction code) used in the intrastat report?  

The different posting types are attached here as follows. Your kind contribution is greatly appreciated.