Finance (Financials)

Hello Currently, we have some automatic MPL vouchers hitting a non-ledger account (account 1270 Manual WIP) monthly which should be hitting a ledger account (account 1271 WIP) . So we do a manual external voucher to move these transactions to the ledger account . We would like to cut down on this extra manual entry.  Is it possible to write some sort of script in IFS that automatically creates and posts this external voucher to move those transactions that hit the non-ledger account to the ledger account? 

We are looking for connecting a service to give us automatic financial risk and sustainability on supplier mapped on registration number. Could be Dun & Bradstreet or something else. Does anyone have experience to share with us? Where do you store the data in IFS and how is it updated?What service company do you buy the analysis/risk index from?

Hi all,We have received a question regarding rounding of VAT amounts.How is it done in IFS applications?And is this done in the standard / customizations?• Round VAT amount (TX line) downwards if rounding of öre<0.5For example, 1.2 is rounded to 1.0?• VAT amount (TX line) is rounded up if rounding of öre> 0.5For example, 1.7 is rounded to 2.0?• The VAT amount is rounded up if the rounding is 0.5For example, 1.5 is rounded to 2.0?and 2.5 is rounded to 3.0 ???

HiI’m having trouble with Invoice Authorisations.  I have a routing for invoices up to £50K for one of our code parts, that requires two people to authorise.  Both are set up with a limit of £50K the ‘Invoice Posting Authorisers’.  I’ve tested the first authoriser changing this to someone with a lower limit but IFS allows that new person to authorise the line – why is that?This is the routing, showing two colleagues required, both with £50K as their limit.  I had step 10 change this to another colleague with a limit of £20K (below) and IFS allowed her to authorise.  Does the new authoriser inherit the limit from the person who changed it i.e giving the new colleague the limit of £50K from the original authoriser?It was changed to Camilla but it let her authorise.  I don’t want this to be allowable.  Is there any way to stop this from happening?ThanksDerek

I’ve come across a scenario for manual supplier invoice authorisation where an invoice is matched to a sub contract where retention applies and this has generated negative lines for the retention amounts. I’ve noticed that the amount on the posting seem to be absolute values, i.e. non-sign specific. For example, this rule will apply for all postings where the amounts are within -4999.99 and 4999.99 and I want to check if this is correct and it’s done by design? 

Hi everybody,we can’t create a man. supplier invoice cause of follwing error message.The Purchase order exists and belongs to a company.What does it mean? Thank you in advance.

Dear experts,From June 2021 onwards, there was a difference between the Goods received Not yet invoiced (GRNI) report for the inventory part and the GRNI-Inventory part Account .    GL Balance    25,379.35 GRNI Report    24,319.75 Difference      1,059.60  The reason for this difference was the below voucher.    Could anyone of you suggest the possible reasons for this issue and the way to resolve it? Thanks in advance. 

When we create a purchase order from a shop order that is connected to a project, the inventory module is not associating the receipt of those purchase orders with the project.  Then when the material is issued to the shop order the inventory module doesn’t associate the material with the project.  However, the finance module is able to make the connection of the purchase order receipt but doesn’t recognize the connection when the material is issued to the shop order.  This is resulting in the finance module and the project management module to think there is still project inventory on hand.  Which leads the project management module to show greater than actual cost for the project and a warning when trying to close the project.    Does anyone know if we are missing a connection or a step in the work process?   Below is a shop order created for a project.   Below is the Purchase Requisition created from the shop order.  Note the only project field populated is related to the code part

Hi,  In IFS EE, we had an interesting feature that consisted in defining a default budget version, so that it would be displayed automatically to the user when using GL Balance Analysis and other functionnalities. It seemed that this functionnality was planned on IFS Cloud :But is does not work (I made sure I had values in the budget version for the GL voucher lines) : Is there something I’m doing wrong ?If not, is there a fix planned for this issue ? If not, how can I make sure there will be ? Thank you for your help,Vincent MaletFunctional Consultant @Bearingpoint

I closed year 2020 preliminary; is it enough tp generate the profit and loss statement and trial balance. 

HiHow can we create an object group for Land. So that when using the Object group for Object ‘Land’, the object type will turn as ‘Not Depreciable’ automatically without having to change manually for all Land objects? Best regardsZuha

In IFS 10 and Report Generator it’s possible to group code parts on row level but I can’t find a way to display/repeat code part (cost center) as columns with G/L balance. Is that possible?

Dear Team, Can we back date (Finance Entry) any Work Order Tasks? This is for time, expense and eternal entries in work task. If this is possible could you kindly let me know how (Each) item can be back dated Thank You

We are receiving this background job error "Authorization must be performed in a sequential order." pertaining to creating a manual supplier invoice. Is anyone familiar with authorization basic set up? Is there set up based on 'sequential order'?

Community,  have you by any chance seen this error? or is it a bug? how to fix it? Our company accounting currency is in USD, the invoice is in CAD. Sample Error Message :When doing final posting, system prompted the error : “ERROR( The Currency Posting Amounts for the Invoice 189538 are not Balanced) occurred when booking invoice SX 189538.”it only happens to external supplier invoice. when doing the error supplier invoice via manual supplier invoice, there is no issue at all. Thank you. 

Hi all, I am new to the cost calculations in IFS, and I am hoping for some guidance. Essentially, i would like to input “projected” purchase part costs to see the impact it would have on the manufactured component. I am trying to use Cost Set 3 (latest purchase price) to input a new value. I was reviewing the Cost Set Est Mtrl Cost field and assumed I could use that to set a new projected cost of the purchase part. However, when I set that value and run cost calculations I do not see the new value. As an example, the purchase part current cost is $.50. I would like to simulate the cost going to $2.00I am unsure how to update Cost Set 3 to reflect the esteemed mtrl cost of $2. I believe this would also help when using the Estimating module. If I can build an estimate using the project purchase part cost, this would allow for more accurate cost Estimating for future work. Any guidance would be greatly appreciated!

Hi all,Does anyone know whether Slicers only work in Business Reporter when the same “Display Item” is also set as a Repeater?I currently have a Parameter and an associated Filter on Accounting Structure Node of Code Part B. I was hoping to replace this with a Slicer, both to reduce the number of times data must be called from the database, and also to make it easier to handle the transactions which don’t have a Code B.I have removed the Parameter and associated Filter and created the Workbook Slicer. When I run the Report, data for all Code Part Bs is displayed - so far so good. But when I then click in to the Slicer option and reduce down the Accounting Structure Nodes which are included, the data displayed in the report remains the same.Thanks,Chris

Can anyone confirm how tolerance postings are supposed to work (if at all), in Apps 9, in a company that does not use Posting Proposals?I have tested this functionality using posting proposals and it all works as expected, adding a tolerance line to the supplier invoice posting lines if tolerance is within specified levels where ‘Always create tolerance posting line’ is not ticked on supplier OR creating the tolerance line even if outside tolerance where ‘always create tolerance posting line’ is ticked on supplier i.e. overriding the tolerance limits.The issue I have is for companies where posting proposals are not used, you can still set tolerance levels on the company and/or supplier records but should you enter a supplier invoice and match it to a PO where the tolerance should come in to effect no posting lines are created on the supplier invoice. E.g. receipt a PO for £10, have 10% tolerance allowed, enter supplier invoice for £11. Balance of £1 remains on the supplier invoice and

Though in payment institute , cash box ticked , cash account is not coming in list of cash box.Any suggestions/advice in set up

Hello All,Im trying to find a way to repost a manual voucher which has so many lines by copying data of old voucher. Is there any shortcut to recreate same voucher with all rows from voucher number and update related lines ? Thank you in advance.

Hello, I would like to know if anyone has used IFS for tagging transactions, specifically non-cash transactions (i.e. gain/loss on sale) for use in cash flow statement preparation?  If so, is this done via code parts?  For cash transactions, the cash flow source IDs do help but unfortunately do not flow to the GL Balance Analysis so I’m looking for a solution on the GL side.  We handle our cash flow statements in excel but it would be helpful if certain transactions were grouped by way of tagging it somehow in the system and the time of entry. Thank you!

Dear All, A customer of mine needs to create Intrastat reprot for Goods and Services.Does anyone has an idea about how to setup parst for services so that they will be part of the intrastat report? As far as I see part must have a Customs Stat Number and Instrastat conv factor.When you define a non-inventory part of type Service you can't fill in these fields.Due to this fact they will not be part of the Intrstat report. How can you set it up so that Services a company offer are also part of Intrastat Report? Regards Raymond 

Hi!Does anyone know where the accounting posting data is fetching the value code E from?Thanks!

Is there a way to prevent zero dollar orders from going on credit block?  Example customer is being sent a replacement at no charge, the account is currently at/over their credit limit.  The order is automatically being placed on hold as exceeding the credit limit.  How can we eliminate the step of manually releasing these orders?

When our inventory department realises that the serial numbers of a batch of items is wrong they used the standard function for changing serial numbers that use the posting events SERREN+ and SERREN-.The posting events have postings that do not balance if grouped by posting event id:SERREN-M1 - CreditM191 - DebitM3 - DebitSERREN+M1 - DebitM191 - CreditM3 - Credit.To me it seems that the M3 posting should not be there.Has anyone seen this issue?Any ideas?