Finance (Financials)

Hi IFS Finance folk,Does anyone know if it’s possible to ‘Merge’ several Business Plans into one? I can see that we can aggregate Planning Units within the same Plan, or copy an entire Plan to create a new one. However I cannot see an option to merge several Business Plans into one.I have a situation where a Company operates 3 very different businesses within the same legal entity.  They do not want multiple companies because it is one company, however they want to create different business plans for each business area and be able to report them either seperately or aggregated.Any ideas? 

Hi Team,Once the transactions are matched in Manual Transaction matching window. Is there any way to filter out the matched transactions from Unmatched Transactions?My requirement is I want to see only the unmatched transactions which are left after manual transaction matching is done. Is der any way we can do it?Thanks in Advance.Best Regards,Rakesh

Hi community! We are quite new to IFS and we are thinking to start using automatic bank reconciliation. But we still have not figured out how to make the bank statement filematch the file template in the External File Assistant. Anyone who can help with detailed info?  Thank you for the support!iLINCA

Hi, I am creating some internal work instructions for the Object Physical Count process. I can not find any instructions on the IFS documentation website concerning the “Located” option when I RMB on an object line in the below screen. I notice that this “Located” option disappears for all objects after I assign either “exist” or “missing” status to any one object. Could you please help me understand this function? Best Regards, 

Hello y’all Is it possible to upload the budget to group accounts? Thanks in advance Best regards

Our Procurement team has a direction to limit supplier records in IFS, hence they keep expiring the ones we do small purchases through. But we need to make purchases through those small suppliers. We discussed a possible solution i.e. record those suppliers as one time suppliers in IFS (then the need to expire them goes away) make the purchase through credit card, raise a PO in IFS since the goods receipt is needed, close the PO and match with a zero valued invoice. Finance assured that they can take care of this if we come up with some sort of modification, maybe in the PO line to distinguish it’s a credit card purchase at the year end. I read the below useful thread where there are good inputs from Finance experts @Shehan Almeida @Eranda, still wanted to create a new thread with some questions.  

We have a large number of payment transactions in our CAMT053 loads that need manipulation before we can continue the process to finally enter a payment voucher.The Segmentation Criteria found in the window External Payment Parameters looks promising - if we can push all payment order transactions through automatically we will be more comfortable when handling the more time consuming issues.Now the questions:Is there a way we can make the application create a Mixed Payment for only the payment order rows of a CAMT053 load? If not, is there a way that we can create only two Mixed Payments of one CAMT053 load? One for the payment order rows and the other for all other transaction types?

Hi Team,Within Standard IFS Transformer, ImporteTotal Field/Tag does not exist in xml output file.(Transformer: SII Invoice Received)But, as per the tax authority requirement, this field should be available mandatory as a part of both xml “SII Invoice Received” and “SII Invoice Issued" but in IFS against “SII Invoice Issued" transformer this field does not exist.Can anyone let us know, why IFS has not included this field within Standard IFS Transformer (Transformer: SII Invoice Received).

Hi Team,Within Standard IFS Transformer, FechaOperacion Field/tag does not exist in xml output file. But, as per the tax authority requirement, FechaOperacion field should have a value when the correction invoice or partial credit note invoice has an operation date (Original Invoice Date) different from correction invoice/credit note invoice date. Expectation to have the Original invoice date in this field for correction invoice line.Can anyone let us know, why IFS has not included this field within Standard IFS Transformer (Transformer: SII Invoice Issued).  

Hi,Getting the following error when trying to approve an expense sheet:Expense SheetChecked the assignments for the user submitting the expense sheet - Role ID: REG_NO_AUTH is defined for the user. Also checked the API which is causing the error but didn’t help, any ideas, Thanks,R

Hi Team,Request you to please help me in executing Bank Reconciliation (Manual/Automatic)  in Apps10.As I am new to IFS, screenshot's of the process or any notes will be really helpful. Thanks in Advance,Rakesh

My customer uses external tax system Zip2Tax to interface with their current ERP system Oracle application to look up/pass sales and use tax rate to Oracle. While their US company only uses external tax system to pass sales tax rate to customer order/invoice, their Canadian company uses the external system for both sales tax on customer order and use tax on purchase order.  They are implementing IFS app 10 and will have to replace Zip2Tax with Vertex or Avalara. Can anyone tell me if IFS App 10 external tax interface with Vertex/Avalara work for passing Canadian sales tax (GST, PST, HST) to customer order and use tax to purchase (order) for Canadian companies? I cannot find documentation that indicates so. Any power-point slides and documentation I have read so far says customer order side only.If interface does not exist to pass tax rate onto customer order/PO/invoice for Canadian company, we have to develop interface with their current external tax system or users ma

Hi Team,We have an issue where 1 supplier invoice number created in a company is getting validation error with another company.Invoice 2021 is created in XAY Company , I am getting error in ABC company, Invoice 2021 exists in XAY Company for Supplier and series. It's starnge. We are using setup for Supplier invoice unique validation as Supplier.We are using IFS 10 upd7.Regards,Mukesh Gupta

Is it possible to add a reference or update a customer invoice that has already been printed? We have had occasional request to add an order number or such after we have sent invoice

Hi, I want to do Mixed Payment Bulk upload through External File upload. But with the file I can upload only to Mixed Payment header part in general tab.  And I saw in this mixed payment there is three (3) API;MIXED_PAYMENT_API > for  General TABPAYMENT_LUMP_SUM_API > for Transaction line MIXED_PAYMENT_MAN_POSTING_API > for Manual posting line Is there any way to upload bulk in mixed payment window with a signle template ?  

Hi,Anyone knows how export a template budget? I found everywhere in the system and I found nothing. Thanks, Gianni

In IFS Cloud, budget template and budget process are removed?? As budget versions do not have any roles to be defined for approver, etc which was available till Apps 10 for budget templates. In case, budget process and templates are removed in IFS Cloud, is there any approval workflow for budget versions?

Hello,  We have performed some currency revaluations as image below, and it’s posted with no issues However, after that we tried to analyse the AP/AR transactions, but there’s no information at that screen. Do I need to perform any set up for it? One more thing, regarding the currency revaluation, is it possible to have more than one account? How to change which one is about to be revaluated? Thanks in advance

i am currently looking out for a solution that will get rid of paper work that we are doing in our company. We get the capex approvals on paper by getting signatures from relevant authorities based on amount thresholds and after getting the approvals we create a purchase requisition in IFS and we attach the approved capex document into the PR. then PR again goes for approval . Is there a  way to create capex or capture captial expenses or operational expenses in IFS and based on that generate a PR (Purchase requisition automatically.

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Hi, Could you please help me understand the difference between a PCA factor & PCA distribution? Best Regards,

Hi,There is option to add multiple series for the Payment Document Type ‘Supplier Payment in Advance’  in payment documents window.  However we don’t have option to select this document series ID while match the advance supplier invoice against payment.Customer required to maintain different series for different advances made to same supplier. Eg: Raw Material purchase Advance, Packing material advance, ect:  Do we have any option to cater to this requirement. Best RegardsNarmada

Hi, I have a period allocation for insurance costs that is posted in the GL for a number of periods in the future. I have done the period allocation in connection with creating a Manual Supplier Invoice. I have canceled the insurance and gotten a refund. So now I wish to cancel the coming X voucher. Any ideas on how to proceed? Best regards, Tobias Bringeback

What does the Customer Credit Block actually do?How does it work when there are Parent / Child relationships?

Hi all,Currently experiencing an issue with Project Forecast. The scroll bar at the bottom of the screen doesn’t seem to show. There’s no option to drag the bottom of the screen up. I have tried reload configuration/reset current view but nothing is working. Any possible solutions? Project Forecast