Finance (Financials)

This will include the questions related to Financials.

  • 4,331 Topics
  • 11,925 Replies

4331 Topics

T
Do Gooder (Partner)
TecAlageSDo Gooder (Partner)
asked in Finance (Financials)

Cash Flow Analysis-User Defined Cash Flow Type Staus

Hi Team, Can any one tell me what is the purpose of ‘User Defined Cash Flow status in cash flow source.Status 1 - exact date and amount are known.Status 2 - the amount is known but not the exact date.Status 3 - the cash flow is adequate, but exact amount and date have not been set.Status 4 - the cash flow is uncertain. This status can be set only on manual cash flows.Status 5 - the cash flow is unlikely to occur. This status can be set only on manual cash flows. Whether if we change the user defined cash flow status will it create impacts.I have change Cash flow status for purchase order sources, but I didn’t find any impact in cash flow forecast.It will be used only for report purpose? 

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T
Do Gooder (Partner)
11 months ago
V
Sidekick (Partner)
ViitatiSidekick (Partner)
asked in Finance (Financials)

Price Adjustment raises posting type M19, not M18

Hi,As per my understanding, when performing Price Adjustment for Supplier Invoice, correction should be written by M18 -posting type, when Inventory Part has “Transaction Based” Supplier Invoice Consideration. In my scenario, for some reason system uses M19 posting type and does not add Price adjustment to it’s valuation. System post that with invoice difference and uses M19 posting type.  In other environmental this works fine (uses M18 posting type after Price Adjustment) and in other environmental this not working as it should (uses M19 posting type). Do you have any suggestions what could be different in those environmentals or what may trigger this difference? Currently all look 1:1 between those environmentals and upgrade & service update is same IFS10 UPD17.

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V
Sidekick (Partner)
11 months ago
S
Do Gooder (Employee)
Shehan WijayasingheDo Gooder (Employee)
asked in Finance (Financials)

Impact on the system when changing the code part setup

The following screenshot is the current status of the code part setup.Please note that currently these code part values are used and all the transactions are linked to cost centers.For the requirement of using cost center on serial and functional objects, we have to change the  “Code part B”>Logical Code part value to "Cost Center" in the below setup.Since we are already using cost centers as mentioned above what is the overall impact on the system when we change the code part setup?Code Part Setup 

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S
Do Gooder (Employee)
11 months ago
A
Sidekick (Customer)
ArendSidekick (Customer)
asked in Finance (Financials)

Supplier Invoice - gross up for WHT?

Hi all, We have recently started to do business in a country eligable for WHT. This has started to raise some questions in regarding to invoice amounts.IFS calculates WHT on the Net Amount, e.g. if we record an Amount of 10.000, we have lets say 1.000 WHT to pay to the tax authorities and the Supplier will get paid 9.000. This creates an issue, as, the supplier is expecting to receive 10.000 (agreed rate).Is there a setup in IFS that allow posting of WHT, without affecting the trade payable amount to the Supplier? Or are we forced to gross up the invoice amount, so supplier gets net paid with has been agreed?  

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A
Sidekick (Customer)
11 months ago
B
Sidekick (Partner)
BRSASidekick (Partner)
asked in Finance (Financials)

External Voucher tax calculation in Aurena

HiWhen changing the Tax code on an External Voucher line, the system does not recalculate the tax amount automatically.In the IFS10 version, it was possible to add/change the tax amount manually. This option does not seem to be possible in IFS Aurena. What is the idea/functionality behind this? Regards Brian

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B
Sidekick (Partner)
11 months ago
T
Do Gooder (Partner)
TecChidaMDo Gooder (Partner)
asked in Finance (Financials)

Expense sheet payment

Hi,I am testing the Expense sheet process first time. But i stuck in between. Actually i created an Expense Sheet and processed the payment through Employee payment screen. I am ok with the voucher entry for Expense booking but for payment it is hitting the posting type EP2 and not PP1. Also the payment is not available in the “Cash Transaction analysis” screen as well. Am i missing with any setup?...Can anyone please help me.Thanks in advance.

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T
Do Gooder (Partner)
11 months ago
K
Do Gooder (Partner)
ken milesDo Gooder (Partner)
asked in Finance (Financials)

consolidation structure

Hi,  in the new company structure Investment and Share Capital accountants are not eliminating at historical rates - it is using the month end rates and the investments is not fully eliminated to nil as a result.  

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K
Do Gooder (Partner)
11 months ago
K
Do Gooder (Partner)
KayDo Gooder (Partner)
asked in Finance (Financials)

Can IFS application do Company income tax filing for US entities?

Hi All, Please let me know whether the IFS application facilitates filing company income tax from IFS standard application for US entities. If you have any documentation available for that, please share with me. Kind Regards,Kay.

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K
Do Gooder (Partner)
11 months ago
R
Sidekick (Partner)
Rasmus RaulSidekick (Partner)
asked in Finance (Financials)

CAMT053 match one supplier payment with two or more supplier invoices

Hi, We have a problem about matching a supplier payment with two or more supplier invoices. Today we send a ISO20022 file to the bank where we sum all invoices per supplier. Ex.We need to pay a supplier three invoices with a total amount of 1500 DKK. Today the ISO20022 file will contain one payment per supplier and when some information about invoices no. for these three invoices that will be paid. (this is fine)When we receive the CAMT053 file from the bank it also only have one payment order for this supplier with three invoices. How can we match one supplier payment in External payment with three supplier invoices? 

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R
Sidekick (Partner)
11 months ago
R
Sidekick (Partner)
Rasmus RaulSidekick (Partner)
asked in Finance (Financials)

Match external Customer and Supplier payment

How can i match two or more invoices with one payment in external payments? In external payments I have loaded a CAMT053 fil and I would like to match one payment with two or more invoices. How can I do that?  Here is an fictitious example:The company has received a customer payment at 267,750 DKK. This payment is payment for two customer invoices. How can we match the payment with two invoices in External Payment Details and not only with one? As you can see we only can match one invoice at the linie.   Please let me know what you are doing to match one Customer- or Supplier payment with two or more invoices in External Payment Details. ​​​​

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R
Sidekick (Partner)
11 months ago
A
Do Gooder (Partner)
AbdessamadDo Gooder (Partner)
asked in Finance (Financials)

Supplier Tax Withholding Setup

Hello,  I am trying to setup the tax info of suppliers in my company. I was wondering what is the difference between “Report Income” and “Report Income/Withhold Tax”. Any ideas ? Best regards 

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A
Do Gooder (Partner)
11 months ago
W
Do Gooder
WIAUser1Do Gooder
asked in Finance (Financials)

Hedging concepts in IFS

Hi All,Can someone tell me how we can use Hedging concepts within the IFS Funtionalities?Thank you.

0
W
Do Gooder
11 months ago
hary
Sidekick (Partner)
harySidekick (Partner)
asked in Finance (Financials)

Main object

I have created  and activated FA Objects  and i want to connect  them to a new main FA The main object and the others have not the same group object and acquisition accountThe question is how to activate this main object which acquisition value should be the total amount of the attached FA object? How about depreciation operation?  main FA object and the attached FA objets. 

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hary
Sidekick (Partner)
11 months ago
A
Do Gooder (Partner)
AbdessamadDo Gooder (Partner)
asked in Finance (Financials)

Manual voucher error

Hello,A user  has the error you can see on the screenshot in PJ.It is an error when entering a manual part.I have tried to enter the same manual voucher but I am not experiencing this problem.Any ideas as to the cause of this error? Best regards.

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A
Do Gooder (Partner)
11 months ago
J
Sidekick (Customer)
jhooperyanSidekick (Customer)
asked in Finance (Financials)

Invoice dropping Line Item Table on some Advance Invoices

We are running Apps10 UPD19 and are having problems with our Advance Invoice printouts.  This started in UPD14.When we print an Advance Invoice - if Finance overrides the default description (Prepayment) to anything else, the line item section of the invoice does not print.  It goes directly from the header section to the subtotal.If Finance leaves the default text as Prepayment - the invoice prints correctly.Looking at our report archive info - IFS uses our Invoice (CUSTOMER_ORDER_IVC_REP) Report definition for Advance Invoices.  When I compare the XML data for both invoices (prints correct vs. drops line item table), both appear to be correctly format XML files and the descriptive text is in the same tag (<CUSTOMER_PART_DESC>).  The solution IFS support provided is to use a different report layout, except the report layout that works is an old layout with the wrong company contact info.  I’m trying to figure out why my correct layout (I only have 1) works for all other invoices

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J
Sidekick (Customer)
11 months ago
B
Hero (Partner)
bytsophanHero (Partner)
asked in Finance (Financials)

Error in External Customer invoice (Currency)

Hi ExpertsI have loaded a file with external customer invoices and receveied the following error: Error (Field [CURRENCY] is mandatory for Payment Per Currency and requires a value.) occurred while booking Invoice KO 2048525.in the invoice line information i didnt see any unusual from the other invoices: Please Note the invoice amount is in total 0 since the line is in Minus and Plus. When i create a manual customer invoice manually i am able to enter minus and plus invoice position and i can post the invoice. Or lets say the invoice goes automatically to paid posted since the amount is 0.it only seems not to work when i try to upload the invoices. Does anyone have an idea how to correct the issue? Best RegardsSophal

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B
Hero (Partner)
11 months ago
S
Sidekick
Sarah NeumanSidekick
asked in Finance (Financials)

Work Order WIP report

Team - Is there a WIP report for Work Orders that is similar to the “Shop Order Work in Progress” report? Or just a total WIP report that captures both?  

0
S
Sidekick
11 months ago
SeW
Do Gooder (Customer)
SeWDo Gooder (Customer)
asked in Finance (Financials)

Calculation Overhead on Base Price

Dear CommunityIf we want to calculate e.g. planned purchase price with several Overheads (e.g. with part specific Overhead function) on that based price IFS calculated like thatBase Price 10OVH1: 10%         1OVH2: 20%         2OVH3: 5%           0,5Base Price 10 + 1 + 2 +0,5 = 13,5 Is is possible to set up the calculation additionally like that10 Base Price + 10% OVH1 = 11New Base Price 11 + 20% OVH2 = 13,2New Base Price 13,2 + 5% OVH3 = 13,86 Thanks for Support regards  Sebastian

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SeW
Do Gooder (Customer)
11 months ago
K4uLinalM
Sidekick (Partner)
K4uLinalMSidekick (Partner)
asked in Finance (Financials)

The pre-posting is not retreived in the internal customer order in the case of the intercompany flow

Hello,In the case of the interco, the pre-posting is not retreived in the customer order when I send the purchase order. I have to enter it on the purchase order and the internal customer order. Do you know what settings I am missing please? Thank you, Lina

0
K4uLinalM
Sidekick (Partner)
11 months ago
P
Do Gooder (Partner)
prabha.ruberuDo Gooder (Partner)
asked in Finance (Financials)

Link customer order invoice lines with posting lines

Hi Everyone :) Is there a way to link customer order invoice lines with customer invoice posting lines?The reason is that I'm working on a custom report where they want to view the customer invoice lines(postedauth lines) and the associated GL account.I am aware that there are no distinct customer invoice lines for taxes and discounts, but is there a simple way to connect the GL account to the charges and other part lines? Thanks in advance

0
P
Do Gooder (Partner)
11 months ago
H
Hero (Partner)
Hans AndersenHero (Partner)
asked in Finance (Financials)

What is in inventory_transaction_hist_tab.pre_trans_level_qty_in_stock

Hi all, Sometimes there is a value in inventory_transaction_hist_tab.pre_trans_level_qty_in_stock, but not always.Anybody knows what it is for?

0
H
Hero (Partner)
11 months ago
C
Do Gooder (Partner)
CBKLeasureDo Gooder (Partner)
asked in Finance (Financials)

Import GL balance into Planning Unit

I am trying to import prior year GL balances into a business plan.  I selected the Import GL/IL balances button on the planning unit and selected prior year periods and 1 account that I know has activity.  I am getting this warning message: I have made sure that I am a user on the planning unit, I have a user group assigned to me. In the account that I am using, I have activity of $973.10 in March 2023.  In the planning unit, IFS is populating a value of 0.00 for March 2023 but nothing in March 2024.Has anyone attempted to use this functionality and if so can you provide any pointers on what I may not have set up correctly? 

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C
Do Gooder (Partner)
11 months ago
T
Do Gooder
Tomasz KotDo Gooder
asked in Finance (Financials)

How to create a valid HTML-SOAP request.

 I'm creating a request to the bank to retrieve a bank statement. The communication with the bank is done using the SOAP standard. I define the Routing Address, which includes the URL and SOAP Action among other things. However, I don't see where I need to place the SOAP XML Body. The XML body contains the parameters for the request.I also thought that I would need to include parameters in the request, such as an account number and date. Can someone help me with how to do that?

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T
Do Gooder
11 months ago
L
Sidekick (Customer)
lisa.gilesABSidekick (Customer)
asked in Finance (Financials)

Training Events Linked to CO or PO

We are starting to use the Training Events within IFS IEE Apps 10 and I cannot work out how to move the course costs to a Customer Order or a Purchase Order to handle the Finacials.The Training Events holds the Training Costs but how do I now convert this into a CO so we can raise an Invoice or a PO so we can be Invoiced?Thanks, 

0
L
Sidekick (Customer)
11 months ago
N
Hero (Employee)
NarmadaHero (Employee)
asked in Finance (Financials)

Consumption tax (C-tax) in Japan

Hi All,One of our customer having subsidiary in Japan and they want to setup consumption tax for that company. will it be possible to use consumption tax available in South Korea country solution for this. Have anyone used it. Customer is in App10 UPD19. Also, please suggest if there any alternative solutions suggested for Japanese customers to overcome this. IFS Apps 10 Global Extension - South Korea Country Solution | IFS CommunityThankyouNarmada 

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N
Hero (Employee)
11 months ago

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