Finance (Financials)

Hi Community!Do you know any idea how to change this system behavior: :IFS10, Mixed Payment, Acknowledge Supplier Payment Order Currency on Mixed Payment is different from the accounting currency When the order id is set up, system calculates the payment amount in accounting currency based on currency rates from the invoices not the currency rate from the line.After that matching system doesn`t post any currency differences. Any information would be much appreciated. Thanks

Hello. In our previous fixed asset software (SAGE), it had a MACRS depreciation method with automatic switching to straight line when optimal. Is there something similar in IFS Fixed Assets? Below is one of the default MACRS depreciation methods in IFS. Is it possible to modify this so that it automatically switches to straight line when it is optimal (ie. when depreciation under straight line becomes larger than under declining balance)?  Below is an example what we would like to achieve. Is there a depreciation method available in IFS that would depreciate like below?   I would appreciate any help on this. Thank you.

hello , can someone guide on how to delete an AP invoice from IFS application as well as as AR Invoice. any instructions will be much appreciate it. Thank you. Mina

Is it possible for sales tax charged on a supplier invoice and paid to the supplier to be added in the expense account on the line, instead of having it as a separate transaction line?Example:  Manufacturing Supplies costs $100.00 and sales tax is $8.00.We would like to see the full $108.00 going to the expense account Thanks for your helpLaura

Hi Team, One of the IFS User is facing an issue with IFS currency format. User wants to view the currency in the format of 10.123,00 or 10,123.00But currency format shown in the screenshot is different. Even i have tried with format of “##,##0.00” & “#,##0.00” but still showing differently. So could anyone kindly suggest.  

Hello. I recently created a Tax book for depreciating assets for tax purposes. This isn’t supposed to post anything into the GL. I am testing on the object below:  I created a depreciation proposal for this object:  Below are the proposal details. Depreciation starts from 11/25/2017 (its acquisition date) to 1/29/2022 which is Depreciation Period 4 as specified above. After authorizing the proposal, I tried to post the proposal but I am getting this message: 

Community,  wondering which posting control I am missing for report project resource time. please refer to the screenshot. i have reported the hours against the project using correct report code, but there is no Reported Hours reported to the project. not sure which posting type i am missing to set up. Thank you.

Hello. Is anyone familiar with MACRS depreciation with 168(k) Bonus allowance?We have a number of assets in our old system (we used SAGE Fixed Assets before and have a Tax book there that we use to calculate depreciation for tax purposes) that we would like to move to IFS that use the aforementioned depreciation method. For example, we have this asset with a 168(k) allowance % of 50% and a depreciable % of 200  In the default depreciation methods, I see this the depreciation method below but there doesn’t seem to be a field where you can specify the 168 Allowance %. Is there a way to set up a depreciation method similar to below but with a 168 Allowance % ?  I woul

I am looking to run searches on PO spend and also to analyse the spend by approver on IFS Apps 10.I have looked within all of the key areas of the purchase order lines and requisition line areas of the database but cannot seem to pull all of the information i need on one screen.i.e. PO Ref and detail of spend / approver and requested by / expected delivery date / order date / account code and cost centre.Any suggestions how I can pull this info together in one search screen or will I need to complete this on multiple searches?

Any idea how the below quantities are getting negative values for posting M234 when the invoice value is positive? This is regarding a scenario where a rental PO is matching to the supplier invoice. 

Hi Team,To understand how to update Standard Costs on IFS and roll through the BOM'sCan any one help to understand the below cost levels.1.All Parts cost calculation2.All level parts cost calculation3.One level parts cost calculation  Regards,Nag

Hi Friends,When I do an upload through the IFS External Supplier Invoice Assistant, my documents no longer automatically attach even though the file name and path hasn’t changed.  Your thoughts?Chris 

HiDoes anyone have any ideas on why a posting proposal is not automatically matching & approving. Scenario: Invoice matches PO which is receipted but the posting proposal is still pulling through the PO approvers to approve the invoicescreenshot of posting proposal - the invoice is automatically matched to the receipted PO but it still pulls PO approvers to approve instead of it automatically approving because it is fully matched to an authorised PO and then go through to finally posted? Company level we have automatic authorisation set Any advice would be greatly received as I’m baffled. Many thanksSheila

How would you record payments to customers in Mixed Payments if you have large numbers of such payments? My customer does not want to record the payments one by one but rather by customer payment order. The problem is that in Mixed Payments there is only the option to record payments against “Supplier Payment Order”. The option “Customer Payment Order” is not present.If we select the payment type “Supplier Payment Order” in Mixed payments it is not possible to connect that row to the Customer Payment Order ID.Process: My customer starts in the window Customer Payment Proposal then creates a Payment Order and sends this to the bank as an ISO20022 payment message, very much like the supplier payment messages.We do not want a separate process for the recording of these bank transactions - we want to do them in the same process we do all other bank transactions.

Creating on behalf of case G2348569:Please provide assistance to find the below page in Aurena Client In APP10 environment:  

When setting up a Supplier Invoice template is it possible to one for a generic suppliers?  I.e, I want to pull up the template and then add in the supplier ID I can only see the option to set them up for a specific supplier  

I am looking for making a Setup in IFS to generate Positive pay File - auto generated to some File folder which will have supplier payments Information for ACH & check both. We want to send this file to bank.Can I please get some help to get this setup done for positive pay file?

We are challenged by our Finance user on something they see very easy - showing (latest) invoice payment date in Supplier Invoices Analysis screen in the IFS Applications. Pointing out this a standard info seen in many ERPs they have been working before. Let say IFS is reluctant to show such basics in the standard. What possibility we are left with? We brainstormed following:Create a custom field on the supplier invoice level. Configure the screen to show it Get the field updated via some regular job or eventCorrect? Any other way to show reference information from other logical units in Aurena standard screens? 

Hi Team, How to capture the accounting entries for Inventory Write down process in IFS10. As a finance associate, what are the basic set up’s needs to be done from my side. Thanks,Rakesh

Hi,I have migrated our fixed assets and posted to the GL. Everything is in balance. I try and run a depreciation on the objects and receive the following error message. ORA-01403: no data found.Not sure why this error is coming up when the data is all there and visible in the subledger and GL.Any help on this would be great. This is on APPS 10 Update 14CheersMaggie

Some of our companies will be selling parts of their receivables (customer invoices) to a third party to improve cash flow, so called factoring.This will require several steps, at least the followingIdentifying which customers are involved Additional text on invoices (should be included in xml message) Daily creation of a file of the invoices sold Modifying the file to specific format according to third party demandsWhile we do have some ideas of how to start this project, this has most probably already been implemented by other companies and we are therefor asking if there already exists some solution for this?Any tips are welcome!Kind Regards,Henrica

We have a situaltion where we need to provide a customer with an invoice that shows we applied a credit on account to the total.  Example:Customer order/invoice total = $100Credit on Customer acct = $25Customer now needs a new invoice that shows Total = $100 Less Credit $25 with Total Due = $75 Any suggestions?

We just recently added a new company and site to Apps 10. This new company is not showing credit info on the customer 360 screen. The older companies and sites are showing data. Is there something that I need to do in order to make the new company work correctly? Thanks in advance,Mike  

Hi Folks, I need to get some idea on functionalities relating to parallel currencies.  Good practice on 3rd currency and currency revaluation and fixed assets, Inventory GRNI Fixed Asset Depreciation calculation Loan Account (Currency revaluation)Can you please add your knowledge points on the above topics with regard to parallel currency?@Thanushi Jayaweera @Sachin Vithanage @Shehan Almeida @MadushaDissanayake @Rangi Wijewardana  Best regards,Thakshila

Not an IFS Finance expert, just trying to figure why I don’t see the offset proposals my colleagues created.  Site / Company access already checked. It’s granted. Please advise.