Finance (Financials)

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 

We want to implement Customer Agreements in IFS 10 UPD 10.  When we print or view the standard repot (Customer Agreement), the Agreement Description field is not available. It appears that it is not in the table or view.  We planned to use the Agreement Description field to indicate which Distributor and End Customer pair this agreement is for (we sell to Distributors who sell to end customers. We sometimes offer special pricing for these combinations) When we tried to work around this by creating a custom reference field to pull it in to the Report, we get an error. Has this been fixed with a patch? if not, anyone know of a different workaround 

HIin our system , in Jun-2021 user created an MPL voucher number X in accounting period Jan-2020.i need to trace the voucher and check it’s source; what shall i do ?

Hi All,Currently we send the intercompany invoices internally using E-Invoice Media codeAnd we sent external invoices to government portal using E-Invoice (Italy localization package).Now we have a situation where we need to send the intercompany invoices internally within IFS and also to send the same invoice to a government portal.We can enable two Media Codes in Message Setup. But, I do not see a option to send invoice using both media codes in invoicing windows or Sent Invoices window.Do you know a way to achieve this?Thanks

I need help with function detail on Check Amount field. I need to remove the decimal point but keep the numbers (ie.. 4005.63 convert to  400563) ? Bank file import assumes first 2 numbers from the right are cents and they don’t need the decimal point.Any suggestions?  

We are looking to implement Interest on overdue Customer invoices.  The "Compound Interest" method on the Interest Template does not seem to mean what we would expect.   Has anyone used Customer Interest templates and have any feedback?   Thank you

Hi,We have two roles in the invoice posting authorizers - Authorizer & Acknowledger. I am clear on what authorizer role does but am not clear on the function of the Acknowledger role.I changed my role to acknowledger, created a manual supplier invoice, & then on the “authorize” tab of the invoice I “Acknowledge” the posting proposal (as opposed to authorizing) and received the below message. My observation that I can’t acknowledge without an authorizer makes it seems like the acknowledger role may be redundant. Could you please assist in clarifying? Best Regards,  

HiI’m struggling a little with this query, but does anyone have any information on how to get the bank balances to show on the cash balance analysis screen and the mixed payment screen (opening balance). I would like to be able to see the opening balance of each bank and match this figure to the GL. I think there is a specific function in IFS where you can refresh the bank account balances and flush them through but I’m a bit unsure of where to find it (tried online help as well!) Mixed Payment: Cash account balance analysis screen  Any help would be appreciated :) thank you! 

in our system we are not using posting type IP28.today user created 2 manual supplier invoices; system accepted the first invoice without any problem and raised this error in the second invoice.the second invoice contains some accounts more than the first invoice.the additional accounts are:11406001    Advances to Staff - Personal11501016    Attieh Medico Current Account21301004    GRN Payable (Foreign)21501005    Accruals - Staff Airfare Tickets51101014    Air Tickets51104004    Air Tickets (Recruitment)51114001    Air Tickets Expense (Business)I reviewed the credit and debit balances in the invoice and it is matching with net and gross amounts.  

Hi all , We have many supplier open invoices to match SUPOAs. Is there any quick way to match all .? It is very hard to use supplier off-set window to perform manual matching due to large number of open amounts and supplier payments on account. Further , supplier off-set proposal too can not use due to different values in credits and debits of each supplier. Thanks in advance

Hi,A posting control created a voucher that did not fulfill the code part requirements of the posting control account, giving an error status (pictured below). I can approve the voucher but when I run “Update GL Vouchers” I get an error (see below).I am unable to close the period because of this issue. How do I resolve so I can close the period? Best Regards,Dennis M.  

The client uses production in the project  ( Step 1 Project  Step 2  Creation Shop order with relation to  Project Activity).  If semi-finished and finisher products are produced and posted on the Inventory Account  (balance account) , it is not seen as a project cost to the POC.  Do you know any solution ( work around ?) How to include Project Inventory and WiP to POC calculation ?