Finance (Financials)

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.

Dear All,There is a PDF report “Supplier Invoice due for payment based on due date”. I need to get this in excel. Please help.ThanksRgds

We work of contracts where our payment terms are identified and typically run based on a milestone of delivery dates, etc.  We are currently using staged billing.  The problem we are running into is as follows:Order is created, staged billing created, order is released.We go to build (CTO) and config changes or our qty was wrong. Right now, we are not able to make changes that do not effect prices.  We have to close the order line manually and create a new line on the order.   We would really like a better solution for this.  Any ideas welcome.

In IFS8 there is Tax Code per Account validation on invoices matched with PO and without PO.In IFS10 this validation does not exist. This means that a certain account that is not parameterized in the Tax Code per Account screen can be used incorrectly. However, if you manually enter an invoice (without a PO match) the system will make the correct validation.Can you clarify if for invoices with match to PO the IFS10 does not perform this validation? 

Hey guys, we have Purchase Parts that one Site in Company A mainly purchases from another site in Company B and resells it to customers. Unfortunately we have 2 different processes here:Purchase the product for the actual price from internal supplier Purchase a higher level product for direct or transit delivery to end customer where the full price is on that product, but the same parts as point 1 get added as additional customer order lines (and thus purchase order lines on site A) with price 0.Basically we have a mix for the same parts of Purchase Order lines with the actual price and purchase order lines with price 0. When calculating the average purchase price for these parts the calculated price is now wrong. It’s hard to change the process in this area. Does anyone have a bright idea how we could get “correct” calculated costs in company A w/o manipulating the database after (which we want to avoid)? Like

Hello,I would like some guidance with Mixed Payments. Customer needs to upload Customer Payments through External Payments via csv, so I have created a new File Type. But when I upload the file, it ends in Parked Payment and does not match with the invoice. I am probably missing something or doing something wrong. Any guidance will be very helpful. Thanks in advance.Kind regardsRutuja

Hi Colleagues,Has anyone implemented E-Invoicing (Supplier) with Gofatoorah or SAP Ariba or Any Other Integration (Except Pagero)Any information is much appreciated Thank YouBest Regards Ramessh Kanna 

Hi, Could someone please help with adding calendar year for below error message? Thanks.  

we are trying to unvoid a previously voided check but it seems that even the App Owner user does not have the necessary permissions.  Any idea what permissions are needed.  Dave 

Hi! I’ve tried to find an answer to this question, but it seems that IFS does not offer any one-click-solution to close/expire/deactivate an existing company. Please tell me if I am wrong, which I hope to be ;) but if I am not, maybe you have an idea how to deal with such task. We have several companies which were shut down at the end of last year. I blocked their cash accounts, Suppliers and Customers, removed users from user groups and deleted voucher series, removed accounting periods, years, etc.What else should be done to avoid unexpected transactions.Another thing is how to remove those companies from multicompany reports and list of values in Change Global Company. Any tips are welcome.Thanks in advanceKW

Using IFS9When creating a payment orders, is there a way for the payment date to default to today’s date for CHK’s like it does with Payment Method ACH or WIRE. Once we change the Payment Method to CHK, the Payment Date field clears, requiring us to rekey in today’s date.  Where is the setting to update the default for Payment Orders with Payment Method = CHK?Initial Create Payment Order Screen: Once we key in the Payment Method of CHK, then we have to re-key in the Payment Date.Thanks

Hi All,we have an issue when creating a customer invoice with QR-Code for Switzerland. The QR-code is not generated correctly and therefore it is not readable with Swiss scanning devices.Are we missing any setting/prerequisite ? or has anyone experienced the same issue when creating customer invoices with QR-code?Thanks,Minoli

Hi All,  I tried to create tax proposal item and showed like this: I have filled all the necessary data, is there anything that I could possibly missed? Thank You  Best Regards,  Oryza 

We created a permission set about a year ago to allow using ManualSupplierInvoiceAssistant. At the time it was able to create and save a supplier invoice. At that time, it was decided not to go forward with using the Aurena screens to enter invoices so it was put aside.Last week we decided to start using it. I tested with the permission and receive the error below when I click the Finish button. We have done a few updates since that initial creation period and are currently at this version:Can anyone provide some suggestions of things to check. to help correct these errors? I have already tried this as a user with full access to all projections and still receive the error.Thanks,

Localization : PolandQuestion Why Iso20022 Payment Addresses form doesn't include 'Account Validated', 'Bank Account Validated Date' like the BREPLN (Payment Format:PLBREPLN)   Please advice

Community, do you know what my setup is missing? I keep on getting this error when I am doing project resource planning. see screenshots. Thank you.

I cannot get the posting proposals to automatically match for internal suppliers.  If I make the supplier not “internal supplier” with a supplier site on the purchase tab, misc supplier info tab it will work.  Of course now I get an error message when I try to get it back to being checked.  Is there some setup I’m missing for internal invoices to match automatically?

Hi all,  I’m trying to load an external supplier invoice with tax and invoice posting lines, but get an error saying “Invoice header does not exist for Invoice No xxxx” Header Line is transferred, same also for Line type ‘I’ - but not tax lines or posting lines. Anyone have an idea what is causing this? RgdsTrine

We have received information from our bank in Norway about a new demand from the Anti Money Laundering act: The bank is obliged to verify that any individual that sign payments/payment files on behalf of a company has been assigned the role as power of attorney (PoA) by the company for this. Hence to this all the Norwegian banks are adjusting their systems in order to be compliant to this demand.This requirement is mandatory for all payments in Norway from 12th of March 2022.IFS has not yet considered this demand, so I am reaching out here to find additional customers having the same requirements. This should apply to all companies sending payment files in Norway. If you have the same requirement, please comment with your feedback on this topic. IFS is informed about this topic (IFS case G2286441).To fulfill the requirement we have filed a request to IFS to add processes for approval and sign-off of ISO20022 payment files

Hi Community,Is it possible to use the customer sort code and bank account number to identify the customer ID in external payments files? If I load a file with Customer Bank account number and sort code, can the line be loaded as a CUPOA instead of a parked payment into the external payment screen?This is with regards to a user created ExtCustPayment file (not system defined templates)  Thank you.

Dear all, Why can't I define a customer ID?When if want to give an cusmoter id i get this message:  Where does is come from an how can you avoid it?