Finance (Financials)

Hi IFS Community, This request relates to how cash discounts are applied.Currently, we have customer agreements that offer a 1% discount if payment is made within 10 days. This discount is intended to apply only to parts, not to freight charges. However, when payments are processed, IFS calculates the discount at the total invoice level, which includes freight. As a result, the discount is slightly overstated on each invoice.To correct this, the discount must be manually adjusted on an invoice-by-invoice basis, impacting approximately 300 to 500 invoice lines each week and taking about three hours to complete.Ideally, we would like to configure IFS so that the 1% discount is applied only to part lines and excludes freight charges. This would ensure that payment amounts match invoice totals accurately and eliminate the need for manual adjustments.Is it possible to achieve this in IFS Apps 10 IEE or IFS Cloud without requiring a system modification?

We created an advanced invoice (voucher type I). Which debits Prepaids and credits AP. Then we paid this through our normal payment process (voucher type U) which relieved the AP. However, in that process we also matched the advanced invoice to this payment transaction. So it also reversed the original entry by debiting AP and crediting Prepaids. So there is a debit amount left in AP but the invoice shows as being paid creating a difference between the subledger and trial balance amount in AP. How can I reverse that matching of the advanced payment, so I can apply it to the final invoice that’s due?

Hello. We attempted to do an external file upload of customer invoices but are getting the load error below. I would appreciate if someone can advise on what is causing this and how to fix. Thank you.  

Totals (like Invoice ID Total, Planned Date Total and Supplier Total) and Grand Total are missing when creating the pdf for Payment Proposals in Cloud 25R2. In Cloud 24R2 the totals are shown as below. Have we missed any parameters settings or other basic data?From 24R2:From 25R2:Best regardsLotta Taxén

​ Hi Team,I am exploring Capture Supplier Invoice Data functionality (which works like an OCR tool) from the screen Capture Supplier Invoice Data in IFS Test env wherein I am getting error. Refer attached document for error message.Has anyone faced this error? If yes, then how did you resolved it? Request you to assist.I have enabled below parameter as a prerequisite for above functionality - ‘Capture Supplier Invoice Data using AI’ at Company screen. 

Hi Has anyone implemented a solution for RCT (Relevant Contracts Tax) for Ireland. It is similar to CIS in the UK, but the deductions also need to occur on the customer side as well in this scenario.For example, the customer will not pay us the full amount of the invoice, the difference needs to be reported to Irish Tax Authorities and invoice needs to be closed as well.And then there is the RCT report declaration to the Irish Tax Authorities.Thanks

Created rental transactions However, when trying to match supplier invoice, this rental transaction does not appear. Also, when trying to post this transaction using “Post Rental Transaction”, this does not get posted.Invoice matching does not fetch anything from unmatched PO receipts. 

Hi Experts,We are facing an issue where Intrastat transactions are not getting generated for the below scenario:Scenario (Intercompany Direct Delivery):Customer order in Spain company Spain creates intercompany PO to Italy company Italy creates customer order Goods are shipped directly from Italy to the final customer in Spain No physical receipt is done in Spain company (direct delivery)Main Question:Why are Intrastat transactions not getting created for this flow?Expected Understanding:Movement is from Italy → Spain Ideally, Italy should report Dispatch and Spain should report ArrivalThanks in advance!

Hi, I am looking for some IFS generated reporting that gives details on calculations by part and/or route variances from the part standards.  For us, these book in the MUV account(s) based on our posting controls, but the shop order cost detail reports do not give a breakdown of the calculations behind the MUV postings.  For example, when you look at the GL activity for a shop order, you will see a posting for MUV ($500); however, there is no reporting I find that breaks that posting down by part (standard recipe vs. the actual issued parts on the shop order).  I can recreate the calculation using an excel model; however, I am looking for some reporting that gives me multiple shop orders data over a given time period.Does anyone have something they leverage from IFS for these details?Thanks

Hi All, We are looking for Possibilities and Impact of Deleting/Removing Old Supplier Payment method. What will be the impact on Accounting and Audit post deletion or removal ?There are some Supplier Payment methods were in use long time back and now the Business don’t want to use it anymore.Kindly suggest

Is there a way to write off / down inventory by part number?  The more broad method (product category) does not allow clear identification of the items in inventory to remove.  TIA. 

Hi everyone,We are currently using IFS Applications 10 and we are looking for a way to automate our Cash Flow Forecast process.Currently, we are refreshing/generating the forecast manually, but we would like to schedule this task to run automatically (e.g., every night or at specific intervals) so the data is always up-to-date when the finance team starts their day.I have a few questions regarding this: Is there a standard Scheduled Database Task available for refreshing Cash Flow Forecast data? If so, what is the exact name of the task? Are there any specific parameters or "Snapshot" settings we should be aware of when running this as a background job? If a direct scheduled task is not the recommended way, what are the best practice alternatives for automating the cash flow refresh in App 10? Any guidance or screenshots of the setup w

Hello,I have a question regarding SEPA payment file generation in IFS.We would like to understand how IFS handles grouping of supplier invoices into one payment transaction in the generated XML file.Today, it seems that IFS is generating separate payment transactions instead of grouping them, even when the invoices belong to the same supplier. Thank you for your help, Best regards, Abdessamad

My colleague has asked me to query this - while there was a related but different case previously raided on the Community, we would welcome specific advice…...:Context: an Irish company using IFS Cloud, version 25R1…Query: Could anyone in the IFS community please explain why the VAT reverse charge automatic postings do not work on Instant Invoice for sales items, even though the correct TAX Codes have been set up for VAT?Interestingly, the reverse charge functionality works perfectly on i) AP supplier transactions and ii) sales invoices for customer order related product shipments.  It’s only manual Instant Invoices that does not work.Is there a specific configuration or limitation within Instant Invoice that might be causing this discrepancy?EG when posting an invoice from outside of Ireland the AP transactions will post both a TAX Received and TAX disbursed transaction but Instant invoices for sales

Dear TeamI have already enabled the toggle  button Capture Supplier Invoice Data Using AI  in Company level, Invoice tab. Still I am getting the below error  I am using 25R1 cloud version.Thanks&Regards,Afrin Dobani​​​​​

Hello I accidentally ran final year end so the year end entry was posted. There are still periods open since we have not finished the fiscal year. Is there a way to reverse the final year end posting? Can I just go to the posting then cancel it? Any help would be appreciated.

Hi everyone I wanted to ask how others have approached the lack of standard support for the new mandatory JPK file format  (JPK_V7M3) in IFS Applications 10.We’re currently facing this challenge and are exploring possible solutions, but I’d really appreciate hearing how you handled it in your setups. Did you develop a custom solution, use a third-party tool, or maybe find a workaround within IFS?Any tips, lessons learned, or recommendations would be very helpful!Thanks in advance 

Hi,Can you please explain in what scenarios posting type ‘PP32 - Unmatched customer check’ is triggered?I have tried several scenarios like creating a unmatched check, partially matched check but did not get the expected results.Thank you 

Hey Community,Does anybody know how IFS calculates the value for Actual Revenue Excluded from Periodical Capitalization Field in the Periodical Capitalization and Revenue Recognition Project page?  Needing this info urgently. 

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Dear Team,Could you please share documentation on Supplier Invoice Data Capture Automation related to OCRWe need to implement this functionality for one of our client.Thanks&Regards,Afrin Dobani 

Stage Billing - Does standard IFS Functionality exist to reverse or post the Stage Billing Invoice balance from the P&L account using posting control M28 to a define Balance Sheet account? And can this be reversed once the Stage Billing order line is delivered?

Is there a way to reverse M5 transactions? (Receipts without purchase order) WIP GL account is not tallying with WIP order report.Found out that is due to M5 transactions posted to WIP GL account causing the mismatch. 

It's identified that user encountered an error when uploading external supplier invoices: "The amounts in Original Net Amount and Net Amount fields do not match for ZZ 1733/8127/2026 invoice. Select the Disregard Net Amount Differences check box if you want to continue. Otherwise, change the net amount for the invoice lines before you continue." And also, original gross amount, Gross amount, original net amount and the net amount also have different values in external supplier invoice window.  Following details provide the overview about the how Polish E invoice system works as customer is operating in Polish Localization.“E-Invoice XML files can be generated only when the B2C parameter is not set for the customer.

Hi, I am loading an external voucher with currency amounts and let IFS to calculate accounting currency values using currency exchange rates. When amounts are converted there is a 0.01 difference in accounting currency error: ‘ORA-20110: ExtCheck.VOU_NOT_BAL: Voucher  is not balanced in accounting currency’. This error can be fixed with the setting ‘voucher difference - Allowed’ and defining AP9 posting control.  AP9 But when creating voucher, system is asking for parallel currency balance account ‘ORA-20110: VoucherRow.VOUROWTHIRDDEBITAMTE