Finance (Financials)

Hello -We are on apps10 update 25.  We are looking to use the advance customer invoice to bill our customers a prepayment amount.  I have been through all of the posts and see that the instant invoice has a check box to make it an advance invoice.  Then at some later point, the final invoice can be connected to the advance invoice.  I can not get the advance invoice to post so I assume I am missing some setup steps. Create collective vouchers is using IP19 but can not create due to unspecified errors. When I print the instant advance invoice, it is coming through as an invoice type of INSTINV with an invoice series of II.  I think it should come through as invoice series AD.  Also, the RMB from the instant invoice to select advance invoice is not available.  Does anyone have some guidance on how to setup the basics to use the advance invoice?TIA

We are running Apps10 UPD19 and are having problems with our Advance Invoice printouts.  This started in UPD14.When we print an Advance Invoice - if Finance overrides the default description (Prepayment) to anything else, the line item section of the invoice does not print.  It goes directly from the header section to the subtotal.If Finance leaves the default text as Prepayment - the invoice prints correctly.Looking at our report archive info - IFS uses our Invoice (CUSTOMER_ORDER_IVC_REP) Report definition for Advance Invoices.  When I compare the XML data for both invoices (prints correct vs. drops line item table), both appear to be correctly format XML files and the descriptive text is in the same tag (<CUSTOMER_PART_DESC>).  The solution IFS support provided is to use a different report layout, except the report layout that works is an old layout with the wrong company contact info.  I’m trying to figure out why my correct layout (I only have 1) works for all other invoices

Hi,Has anyone created/implemented an Integration where the Currency Rates are Picked up from a Bank Portal/URL and updates/enters IFS - Currency Rates on a daily basis (automated schedule process)Any advice is much appreciatedThank You 

Hi All, The receipt is already cancelled. The object is already scrapped. The material should be expensed, but the user have used the incorrect combinations. We will cancel this PO and re-start the purchase requisition, but our issue now is how to remove the PO receipt and Cancel PO receipt which are in Status 99 in Distribution and Manufacturing Posting Analysis.  

Hi All, I get the below errors when creating the New Accounting Periods for a company. And the expected Accounting Periods are not creating. Is there a page which shows the Error Log for this type of error 

Hello.I would like to import by external file a french standard bank statement for the bank reconciliation.As I have a treasury software, I got the following file (see blow) with the format CFONB120 (CAMT) and I don’t know how to setup my external file in IFS to read it correctly. Could you help me to setup it or send me an example as I suppose I’m not the only person which receive their bank statements by Ebics in a treasury software. Thanks in advanceRegards

Hi Team,Are we able to perform CIS (HMRC) test supplier verification from out of the box transformer provided ? or do we have to customized it ?I get below error when I try to transfer test supplier verification to HMRC“The submitted XML document either failed to validate against the GovTalk schema for this class of document or its body was badly formed” 

Dear all,One of the customer’s have changed their accounting years by  including months of year 2025 into year 2024 and year 2026 .Hence they do not have year 2025 in their accounting periods . When they try to run preliminary year end from 2024 to 2026 they can’t get year 2026 in the” To accounting year field” Any idea on how to sort this issue. Your input is highly appreciated.Thank you Warm  regardsUdanee

Hi Community,Could someone explain how warranty retention (retainage) is handled in IFS Cloud from a Finance perspective? Customer side (Accounts Receivable) Does IFS create a specific ledger item and GL posting type for the retention amount when the customer invoice is posted? Supplier side (Accounts Payable) Is there an equivalent posting type / account for retention payable on supplier invoices or sub‑contracts? If these postings exist, what are their standard codes (e.g. RET_AR, RET_AP) and where do we activate or customise them? Any pointers to the relevant screens or setup steps would be much appreciated.Thanks!

Hello,Due to the high volume of manual vouchers (mostly uploaded), we are looking for a solution to have them automatically reversed on the 1st of the following accounting period.Is there a way to automate the reversal of manual vouchers in IFS Cloud?While simulation vouchers are an option, the issue is that the resulting entries do not appear in our general ledger records.We would appreciate your guidance on this matter.Thank you.Fatimetou Taleb

Hi IFS Community,Dealing with intercompanies transactions, we have a Company A (“Customer Company”) acquiring services from a Company B (“Supplier Company”) to build an Asset.To do so, Company A establish a Purchase Order with different purchase order lines with a Tax Code “VAT on Assets”, while the Tax Code for the Customer Order in Company B is “VAT on Goods & Services sold”.As, we are using an MHS process flow to create automatically the Customer Order in the “Supplier Company” from the Purchase Order in the “Customer Company”, and then generate a Customer Invoice in the “Supplier Company” which will generate automatically a Supplier Invoice in the “Customer Company”, we have a problem as the Tax Codes on the supplier invoice are not the right ones as they don’t heritate from the Tax Codes indicated on the Purchase Orders lines (ie “VAT on Assets”), but from the only Tax Code specified on the Supplier page.It is wrong as the Supplier can provide services which can be subject to

HiIs anyone aware of a new tax template for Slovakia's 2025 tax reporting to accommodate the VAT increase? Thanks 

Hello. When we ran revenue recognition, we noticed that for a particular project, the accumulated recognized revenue is exceeding the estimated revenue, in this case by 2.8K which is exactly the difference between the actual cost and estimated cost. Please see below. Would anyone have an idea why this is occurring and what the remedy is for it? Would appreciate your thoughts and assistance. Thank you.

Community,We got below error when doing purchase order receiving. it is a no-part, and it is associated with a project activity.the project does not have any budget control.  where else we can find the budget control in the system, in other words, how we could resolve this issue? Thank you. 

Looking to talk to anyone that has managed to set up supplier payments that can be automatically sent direct from IFS to their bankOtherwise can anyone recommend a tool/add on that can facilitate paying suppliers direct without any manual interventionThanksJaime

Hi,I had to partially rollback a supplier payment that had been created using supplier payment proposal. This is because the invoice was not coded correctly and was stopping me from activating a fixed asset. I have added the invoice back on, created a 0 value mixed payment to match the invoice to the parked payment that was sat as SUPOA. However, the actual payment on the supplier account is still there, how do i cancel or remove this payment? It is showing in the Supplier Ledger Open Items and is incorrect.I’ve attached screenshots showing the mixed payment matching, as well as the supplier payment on account still remaining after the matching has taken place.Thank you

Dear All,How can you make a Correction Tax Proposal? What does the correction Proposal Select? All transactions or only the transactions that are changed and later fetched  transaction via Fetch Tax ledger Info? Thanks in advance for your reaction.Regards Raymond

Hi!  We are having an issue this month when running the Periodical Capitalization and Revenue Recognition where some Completed/Closed Projects are pulling into the data as if they are open.  To be clear, the Completed Date on the projects are October 31st and we are trying to run the revenue recognition for that same month of October.  My understanding is that once a project is closed, it should no longer be eligible for revenue recognition, even if it was closed that same month.Has anyone seen this before?  Is there a setting somewhere that could have been changed that would cause this?

Hi Everybody, There is this legal requirement to have the Tax Regime (Regime Fiscale) in the e-invoice with different values, depending on the Tax Regime of the entity. As per what I have found in the documentation; IFS does not support yet other values that “RF01”, which is hardcoded. Considering that Invoice Enclosures must have that field populated with value “RF18”, could you please advise if there is any solution to currently handle this requirement? Thank you!

Hello I have generated new standard costs in cost 2 and applied to cost set 1, in our main manufacturing site.I would like to now apply these new standards to all other sites that stock is transferred to at cost.There are 4 sites which need this new standard cost. Thanks for your helpJatin

Hi, We are trying to descp. proposal in ifs cloud. But  it gives error below (No data found). All Fixed Assets are true define.  We don't figured out why it is give error.Thanks.  

Hello, I’ve got an issue while saving complete report in IFS Business Reporter. It started with the “CLOUD” version and I’m not able to solve it since I’ve tried to seek solution everywhere. When I hit the “Save report” button, this error occures. The file exists in TEMP folder. I’ve also tried different directory but with the same result. Any ideas to solve this problem? Thank you so much,Ondřej Čarný

Hi,Our customer has scheduled the creation of positive paycheck files through the External File Assistant. (File Type: ExtPosPayCheck). This task produces an empty file even when no checks are issued for the considered time period. Is there anyway to prevent this from happening. Thank you very much for your help in Advance!

Hello, I am trying to cancel a voucher type “Q” because the project connected was wrong. But when I press the RMB “Cancel Manual voucher” raise this error message. How can I cancel this voucher? Thanks and Regards, 

Hi ExpertsIn IFS app10 there use to be a direct offset possibilty. In CLOUD I am able to see that there are offset posibilities but cannot directly offset them out of the payment proposal. I cannot open a second window with the manual offset, since IFS gives an error message that these invoices are used in a payment proposal.  Any idea to offset them from the payment propsal window?