Finance (Financials)

Dear all, our company is in AUSTRIA, so the Supply Country is always AUSTRIA.But we also export parts to Switzerland where we are registered. So we need to create a project invoice with swiss tax codes.In IFS V10 Update 8 it was possible enter 2 Supply Countries for the default delivery address AUSTRIA with Tax Liability = EXAMPT: that we do not get an error message when we want to create the project invoice. This will be the Default Supply Country in the created project invoice SWITZERLAND with Tax Liability = TAX: that we can change the Supply Country and IFS find automatically the correct tax code Existing Report Code: Which is “Taxable” with Swiss Tax code and Delivery Type 1 for the EXEMPT Supply Country AUSTRIA:   Created n

Hi everyoneOur system appears to have stopped posting machine overhead to the accounts when a shop order is completed.  I’m looking at the work centre that is used and the value is only on cost set 2 and not in cost set 1 (inventory value) - will this be the issue? Thanks, Derek    

Good Day;in our project, STD-111A, Activity  100000412 is already released so we can’t use it in the manual supplier match process.how we can extend the activity?   

Hi There,I raised invoices in Jan 2022, but the invoices has “printed” status instead of “Postedauth” which are not posted in system.I also added voucher type F for sales invoices, how can I post the invoices please? Thanks,Claudia     

All, With every invoice that has to be released in IFS in Posting Proposals, this error message always appears.  What causes this message and how can it be avoided?    Thanks

How can I make netting and what is the differens between netting and offset?

Hello Everyone, One of our customers had directed the following question through a support case. Since it is out of support scope I’m creating this topic on behalf of the customer.“We're preparing our company for KSeF (new system for e-invoices). One of steps is checking the process invoicing. We 'd like to have possibility to create annual credit note f.ex. for realized sale, example:during the year we create 100 invoices for product (quantities = 10 000 tons, price per 1 ton = 12 pln). In the end of the year we want give our client bonus = 2 per 1 ton.We 'd like to create annual credit note for that, important thing is the price should be changed in Sale book.  We don't know how we can create invoice like that. Could you help us?” Please assist the customer to find a solution. Best Regards,Peshala 

Hi,Customer’s finance team had noticed an issue on the GL Balance Analysis screen where the Attribute Selection fields are empty for Consolidated companies. The Attribute is a valid selection in the Business Reporter tool so we know there is an established relationship between the GL Balance set  to the Reporting Entity. Please advice if it is a configuration issue from the customer’s end so that we can make the change in our system.Please find screen captures of the issue below.  “Budget” will populate in Business Reporter without data. 

When creating customer statements our users either forget to enter a customer or customer range into the statement selection template, or move between templates causing the template to display correctly but not work as designed.  What happens when this occurs is that all customers that have an outstanding balance receive an e-mail statement or one prints on our printers.We have seen this issue happen regularly, so I am looking to put in place a way of stopping it happening.  I have created a blank statement template and set it as the default template, so now users must select there chosen template and enter the correct values manually.Previously users would create the statement from the customer analysis screen, and the default customer template would auto populate with the customer number.  So in this scenario it takes longer for the user.  This solution I would only want to be a temporary one.What I would like is to create an event that gives a warning that th

Dear all, we create customer direct debiting proposals with payment format SEPADB.When we create a customer payment proposal for one customer with more invoices/credit notes we just want to send a payment advice to the customer.So the setting in customer basic data is as following:  When we use the RMB Print Payment Advices… the advice will be automatically send to the customer mail-address: When we create the payment file every single invoice number will be shown in the payment file instead of just one payment with the sum amount an

Hi, I’m reaching out to the IFS community to see if any other IFS customers have been able to get some flexibility out of the Revenue Recognition model in Projects.Top level summary of our process and how we recognise revenue as follows:Revenue RecognitionWe need to be able to raise an invoice at activity level, with a percentage being invoiced up front and the remaining for that given stage (activity) invoiced on completion – we can do this using standard functionality We need to be able to gradually recognise revenue throughout the process of a stage in a given project (relating to tasks being completed throughout) The presentation of recognised revenue needs to be possible both by activity and by department (at present the method of managing capacity planning in IFS is still being discussed so there is some flex on this – work centers are being looked at). We would therefore need to apportion out work done towards an activity as

Hello all, Is there any way to create invoice using with different currency code than the sub contract currency codes. (İt is possible for puchase order by the way)We want to use USD currency code in sub contract / valuation but invoice will be created in company currency code (INR).We tried to create an example and there is no returned data  because of different currency code when we try to match certificate per line in posting proposal screen.  We are waiting for your suggest if there is another way.Thanks. 

HI  We are setting up CAMT053 to be used in external payment to book payments. I have manage to get the matching to work when the payer are providing invoice number, some customer are however paying only a total sum without invoice ref.In those cases we get not even customer ID even though the customer name are mention in bank transaction info 1 below. How should we set up, so in case no invoice number are mention IFS at least should pick up the customer ID.   Also, Now IFS is considering supplier payments that are from payment order, but manual payments are disappearing even though they are mention in the file. No warning, Those payments are having same message code ICDT as those from the payment order, I tried to add one ICDT message code for supplier payment as well but not allowed, how is tha

Dear all, How can you automatic match one of the bank statement in a CAMT.053 to a supplier payment?For example:I got a CAMT.053 with this information:</Ntry>            <Ntry>                <Amt Ccy="EUR">39.33</Amt>                <CdtDbtInd>DBIT</CdtDbtInd>                <Sts>BOOK</Sts>                <BookgDt>                    <Dt>2021-08-10</Dt>                </BookgDt>                <ValDt>                    <Dt>2021-08-10</Dt>                </ValDt>                <AcctSvcrRef>XXXXX</AcctSvcrRef>                <BkTxCd>                    <Domn>                        <Cd>PMNT</Cd>                        <Fmly>                            <Cd>ICDT</Cd>                            <SubF

Dear Colleagues,I’m dealing with Swedish bank SEB. We are exporting payment orders in ISO20022 format (successfully) and we’d like to upload external file in CAMT054 format. I managed to get the configuration to the point where external file is loaded and mixed payment created, but the proper matching with certain invoice is missing. Even though in CAMT file we get only one transaction confirmed, all invoices from Payment Order are being attached in the process.  External Load:Payment Order, Payment Date and Payment Item Id are recognized properly accordingly to Payment Order ISO file But in External Payment per Load Ids there is no longer reference to Order Item Id 

Hi,you are exactly right, the original question had nothing to do with GL Balance Analysis. My question is, is there functionality in IFS Apps to pull Attribute data into the Master Company like Balance Set.  There is existing functionality in IFS to pull in the Balance Set information to the Master Company via Reporting Entities. Is there any functionality to pull in the Attribute and Attribute Values to the Master Company? Thanks,Felicia

Hi allLike in 21R1, we don’t have the ability to see the detail of the Account receivable. The only way is to check “Exclude Not Cashed/Open documents”.And we have the same issue when we use IFS Business Reporter to the information source “Customer Open Balance” … no data available due to the error message into IFS Cloud 21R2.Look at the joined file.It’s very urgent !! Thanks

HI,I am trying to change a GL account 51419 description but had below error message, does anyway know what it means and how to fix it? Thanks,Claudia 

In IFS 7.5, I’m trying to run a report in Financials > General Ledger > Reports > General Ledger Report Counter Account, and when I’m inserting the Period 2021 or 2020 or others I receive a message “The Accounting Period object does not exist”.Am I missing something? Thank you in advance!

Hi All,i am trying to absorbe landed cost to FA object but when I am doing MSI it is firing M65. In charge tab, i connected the object line, in another case i changed the distribute charge by amount, still it is not absorbing charge to FA object. Is there any solution for this problem

We have a new Controller and we added her to the Voucher Approval workflow.She started on 12/15/2021, but we backdated her in the Voucher Approvers screen to 7/1/2021.We have a voucher that was created 1/5/2022, with a Voucher Date of 12/31/2021.  When she tries to approve it, we get the error Valid From date of the Approver should be earlier than the Voucher Date.Can anyone help with what we are missing?(IFS10 UPD9)

Hi All,ISO20022 Core output file generated by IFS App10 is declined by HSBC since xml tag <Ctry> is missing on the Debtor Agent (<DbtrAgt>) section as shown below.The country code is missing in the <DbtrAgt> section:  Expectation from HSBC is that It should be included in the Debtor Agent (<DbtrAgt>) section as follows.  Appreciate if you could let me know how to fetch a value (e.g. Country Code: NL) to <Ctry> xml tag under Debtor Agent (<DbtrAgt>) section on ISO20022 Core output file. Best regards,Roshan

When creating a master company from STD template, it's possible to select "IC elimination" as a code part function and it's possible to create additional code parts.This is not possible when using STD FR template, so it looks like an issue with the French template.

Hello,Hope this message finds y’all well.I’m trying to change my Disposal Posting Method and it’s  mandatory to indicate a Voucher Type (if choose Net or Gross cost) and the only one available is the voucher type A. If I select the voucher type A, it’s not possible to sell fixed assets.Have anyone faced the same problem? Thanks in advance

I have a customer no longer wanting to receive statements.  Is there a way to stop statements by customer?We are currently in Apps 9 moving to Apps 10 in approximately 2 months.