Finance (Financials)

We sold assets in the legacy system before migration.After migration the assets are active with 0 value.Normally the status is “sell” and a value amount must be entered.   We wanted to mark the assets as "scrapped".But as soon as we want to save the "Scrap" option, the following error message appears.“Field[VOUCHER_NO] is mandatory for Voucher Note and requires a value. “Ask for an opinion on how this error message can be circumvented here.

Hi,I am working through creating my first budget. I would like to add an account to “Budget Period amount” but am receiving the below error.  When I “zoom” in the account field it takes me to code string-account where the account in the snip is already there ( I assumed it would take me to somewhere where I could add accounts to ledger IB), but when I hit F8 for an LOV it is empty.How do I add accounts to ledger IB? Best Regards,Dennis M.  

Hello. Our fiscal year 2022 starts in October 2021. At the end of December, there will be a change of owners / acquisition so we would like to do a year close to clear the income statement (Period 1 to Period 3  FY2022) to retained earnings. At the start of January 2022 (Period 4 FY2022), we will manually upload balances under this new ownership. Then at at then of September 2022 (Period 12 FY2022), will do a year close to clear the income statement to retained. So essentially, we would like to do close to mark the ownership change/acquisition then a another close to end the year. As such, we will have two year closings (ie. two year closing periods in FY2022).  Is this possible? I would appreciate any thoughts on this or other alternatives. Thank you.

Hello. In Parent Consolidation, there is as an option when right clicking called Start Currency Balance Adjustment. Would anyone be so kind as to explain what this does?  Thank you.   

Hi folks,long time since my last topic here.I’ve got an interesting scenario here.My customer want to calculate the payment discount into the profit margin.I will find a PAY_TERM_ID in the CUSTOMER_ORDER_TAB.I hop to PAYMENT_TERM_TAB and will find the description.In PAYMENT_TERM_DETAILS_TAB is the field NET_AMOUNT_PERCENTAGE and inPAYMENT_TERM_DISC_TAB I will find DISC_PERCENT.So, if we expect that our customer will “draw” 2 % discount (Skonto) within first 15 or 30 or what so ever days we can calculate SalesPrice - 2% discount results in minus 2 % less profit margin.Now the problem:When I scan the PAYMENT_TERM_DISC_TAB I will find discount for a PT like“8 days 3%, 21 days net” so the 3 %”.But also I will find:“Prepayment 5%, 14 days 3%, 60 days n

Hello,  Hope y’all are fine and well.  I am trying to understand how does the IFS treats the Unrealized Currency Revaluation Gain/Loss. I know that there is a Currency Revaluation window, but how does the process works? Thanks in advance   

HIwe created manual supplier invoice with period allocation option.system created the voucher number x voucher type I.system approved the voucher but we are unable to post it and show this message There are no voucher no series for this voucher type and accounting_yeari created the voucher series for voucher type I in both 2021 and 2022.where is the error ? 

What would cause a quick report to lock-up IFS when exported to Excel?  I have a quick report that if viewed in IFS, will return the results quickly, but if I try to export the quick report to excel, IFS runs and runs and eventually locks up

We will be coming live on IFS in 8 weeks.  We currently utilize Spreadsheet server for much of our reporting.  This enables us to link directly to our ERP ledger and provides drill down capabilities.  We just learned that this software does not work with IFS in the Cloud.  Looking for an add in that can provide this functionality.

Hi Altruists,I have configured all the necessary basic data to use the withholding table for tax calculation. But the problem is when I am doing any partial payment to a supplier invoice, on first payment it deducts full tax on invoice based on withholding table but when i do the second payment for the rest partial amount it deducts tax again.It would be great if anyone knows solution for this problem or any way around 

Hi, All,  I am working in the reminders template. And I am currently guessing if there is any possibility to add 2 levels of text. A the moment I can see only one level of text available. Thanks in advance. Regards, Giuliana  

When we have created a payment file and it is sent to our bank we are using the bank for approval/authorization of the payment. Not single invoices, but authorization of the payment of all invoices included in the payment.Is there a way to set up authorization rules inside IFS so that a payment order is always approved by two persons, based on their level of authority, before it is sent to the bank?I have looked into the Invoice payment authorization setup, but this seems to be authorization levels per invoice, not per payment.

Good Morning All,Can anyone advise on the message below which is received by a Line Manager when authorizing Time -Many thanks for your assistance.  

To reduce the number of different software systems, we would like to replace (best of breed) credit management system OnGuard with IFS Credit Management. Has anyone done this succesfully?

Hi!When trying to create an invoice in External supplier invoice upload i get the error message:“network access denied by access control list”. Does anyone know what causes this error?I right click on the line and choose create invoice. I then fill in all the information and click “Ok”.Next the error message appears.Thanks! 

Hi,I would like to use the External voucher assistant to upload entries that would hopefully post to multiple companies.When creating the file template I can’t seem to create a “voucher company” column ID, which would hopefully posting to another company & drive the corresponding posting controls related to inter-company activity. Is this possible? Am I going about this the wrong way?Best Regards,Dennis M.  

We have created a Voucher Template for uploading gl across multiple companies.  On a manual multi-company voucher, there is a posting control that will debit/credit the inter-co gl’s.  This is not happening when we upload via External File Assistance.  Currently, it’s putting a debit to one company and a credit to the other company and the external voucher is out of balance since the inter-co offset did not occur. Is there a step we are missing on the template set up for a multi-co voucher? 

Hi All,It looks like the payment run had generated remittances in the report archive, but they haven’t gone through to the pdf archive and haven’t emailed. Is there a way to rerun ?TIA Chris.we’re on apps 9

HelloDo any of you use IFS explicitly for your operating plan and forecasting process for your company rather than just for specific projects? We use IFS as our general ledger. Right now we do data dumps from IFS, do lots of manipulation and pivots to generate forecasts and plans. I wanted to see what is available in IFS today for dynamic forecasting / budgeting with real time updates. If you use something other than IFS for forecasting and budgeting, what do you use? Does it integrate with IFS? I am brand new to IFS.ThanksJen

Hi,I am trying to improve on my understanding of IFS fundamentals and have been reviewing teh differences between the following voucher posting fields: company, site & Interco.I believe “company” determines where exactly the voucher will be posted.All of our companies only have one site so I usually always let company = site.But what is the purpose of Interco code part? Best Regards,Dennis M.

I am trying to load up budgets in Aurena and have an unpack error “Invalid Value format or invalid decimal symbol in loaded file. My template file is shown below.  I have tried without any kdecimal places and gt the same error.  Does anyone have any suppestions please?

Hi,IFS 10 “Group Tax ID” Number,  which localization ( What Country ?) contians this parameter ?I would like to use it for testing solution by it is not active.Supplier/Address/ Document tax info/ Group Tax id numberregardsMarek

Dear All,Even though pre-posting enable in header level , the given  pre-posting value is not fetching in line level .  However , pre-posting is fetching value in line level . But , I want to enable it in header level to enter pre-posting value at once . Moreover M101 and M102 enabled in posting control correctly . Please help on this matter. Thank you

Hi to allIn the MixedPayment and when the voucher is created, in row that related to the transaction code = IP1 currency rate field is equal to currencyrate on the ManualSupplier date but PARARELL CURRENCYRATE is equal to the payment Date rate.What should I do if I want the parallelcurrency rate to be equal to the Manual supplier time rate?Does it have special settings ?Are there any configure to change this behavior?I want the parallel currency to behave like the main currency at the time of payment

Hi Team,What are the basic set up’s required to execute Customer Tax Withholding in IFS Apps 10.I have setup the required Tax Code and Income Type. What other configuration needs to be done.Request you to please help me in this.Thanks in Advance. Best Regards,Rakesh Rout