Finance (Financials)

Hi All, A customer has raised a question is regarding Indian MCA Law. What is the solution in IFS Application regarding Audit Trail features as per MCA Mandate?Which transactions are considered for Audit Trail features?  

I have activated the Rotatable Pool Object. But it showed on-hand quantity and available quantity in the inventory part in stock(Inventory value not zero). but, I do not need to consider it as an inventory physically, Only as a FA. How to handle this, please help me.

HiWhen post manual suppler invoice, system show this message? how to fix this?PO Line connect to the FA Object (Fixed Asset Rotable)FA Object status - Activated.  

Hi, I am fresher and new to IFS can you please help me to understand the finance module or there is any details documentation so that is will be easy for me to understand the workflow. 

Hello I would usually run the report below which is a 12 month income statement.     However there is a an account that doesn’t show, account 8060, which is a new account that was created to replace account 8055.  There has been activity in account 8060 so it should be a part of the income statement.    Would anyone have an idea of why the account is not showing in the report and how to fix?  Any assistance would be much appreciated.  

Is there a guide to supplier setup within IFS to help facilitate 1099s? I see in the Supplier Setup where a TAX ID can be entered, but am wondering if there is a way to indicate that they are eligible to receive a 1099? In other ERPs used in the past there was a box you checked to indicate the supplier should receive a 1099, then at year-end a report could be run for all 1099 eligible suppliers with the total spend for that year making the creation of the 1099s much easier.  

Hi, we have the requirement to use ISO code XI for intrastat trade reported, coming from Northern Ireland. Is this code been implemented as ISO code in IFS? Also the code for UK (ex Northern Ireland ) XU, can be used instead of GB. From what we understand only Northern Ireland (XI) is to be part of the Intrastat reporting with other EU members, so the code is needed. Any fix for this to install?Guidance on the Use of GB and XI codes (Annex B) (europa.eu)

Hi All,One of our customer required to combine 2 companies and continue business in IFS as one company. Do anyone have check list or any related document supported on this. Eg: What areas should we looking for?Best RegardsNarmada 

Could somebody tell us who is using IFS in Russia ? It is linked to the below ticket.We have installed the localization and have read the GET document but we would like to find a customer using it or a IFS consultant who has already installed it in Russia.Setting Up a Company In Russia in IFS 10 | IFS Community

Facing the error while changing the due date of the customer invoice. We already Excluded invoice from reminder proposal.Still facing below issue  

We are looking for a consultant who have experience of APP10 Localisations for France as we are having to implement this in a new company? 

HelloI created two new voucher types ASM and ASR and turned on the Simulation Voucher flag as I wanted to test the entering of a Manual Voucher and have the reversing entry automatically be created by IFS to reverse the posting in the next month. I then created a Manual ASM Voucher but cannot determine if a reversing entry for the next month has been created or not.Is there anyway to see/test that the reversing entry has been created?     ThanksAlan

Hi,is it possible to match AP supplier payment against supplier invoice with different currency than payment. how to achieve such matching? Best Regards,Bilal Drayi

Hi I created an External File Template for a Bank Statement upload.The input file processes correctly with all records going to Unpacked status.When I run the External File Assistant I now get the below error message where as you can see the Statement Date parameter is shown defaulting to the SYSDATE.Does anyone have any ideas as to why I’m suddenly getting this error message? I’m sure I’ve come across this previously but can’t remember what causes the issue and what the resolution is. ThanksAlan

Hi, From which screen the pp11 ( additional payment) is fetched? Thanks  

How do we cancel the Preliminary customer invoice 

Hi,Because of the rising of transportation price very often, my financial director sked my if IFS has a way to add an extra percentage to the price (with out use CHARGE option).Example: Price of part X = 1000. Every time this part is add to a customer order we need that the price be Price (1000$) + 4%.Does anybody knows a way to do this? Thanks, Gianni

I am trying to fetch employees from IFS using ODATA REST endpoint via postman. I am passing access token as Authorisation Bearer token. I am getting http response 403 status code.  REST endpoint : https://IFS-SERVER/int/ifsapplications/projection/v1/EmployeesHandling.svc/CompanyPersons We have enabled Default Identity assertion, which points to use Azure AD IDP. We have also enable Database identity provider, which points to IFS DB. I have generated token using both authorisation code and password grant type, but when used that access token to retrieve an employee I am getting 403 http response status code. ROPC Access token generation is shown below, please check values I am passing -

Dear all,I cancelled an invoice with PO but the receipts that were linked to the cancelled PO arent usable anymore as the are still linked to the cancelled invoice. Can someone please tell me how I can resolve this problem.As I want to book the invoice again I cant match the receipts anymore that were used on the cancelled PO 

Hello, Has any one build a template from MT940 to be imported as Bank statement in Ifs for bank reconciliation ? Thank you.Xavier 

Community, We come across an issue, when entering manual supplier invoice, two currency appeared in one invoice. please refer to the screenshot attached.company local currency is USD. Supplier is billed in CAD.wondering how to fix it.Thank you.

Community, we are implementing ISO20022, currently we are validating with bank for the outbound payment file one by one.  Meantime, considering how to handle the bank returned file. our understanding is that it is handled by API, and its final destination is IFS FTP /…/in folder.  also, external file should be loaded into IFS,  but how to make it happen, question like:Are all incomming file going to be handled by API? shall we need to set up the external file template for ISO20022, and this template is going to work with API? user can go to Acknowledge Payment window to select the loaded file and make a payment in IFS?Thank you all in advance.

Hi,Anyone that can inform me about one-time-suppliers and I would be forewer greatful.I dont quite understand  how to use it. It seemes like I have to open the supplier site and register the suppliers data. What is the point then? I would like a form of “shortcut” in the manual suppliersystem where I could register the onetimesuppl. and the payment will show in the paymentproposals along with the other invoices at due date. Then they should remain in a separat log so they are searchable later if needed.That was my wish now back to reality, h ow does it work?  Mvh BM

Hej, hur skapar vi ett remitteringsråd för enskilda händelser?Ex när vi matchar ut deb- och kredfakturor via offsetfunktionen så vore det enkelt om en funktion med info ang händelsen skapades för att kunna skicka till leverantören. Mvh BM

We would like the default from/to parameters to be the person who is logged in’s username  Currently puts the FIRST user by alphabet registered to the company and to being the last user by alphabet. Is there anyway to default that so users can only update their own vouchers?