Finance (Financials)

I am doing the year end rollover and when I run the “Clear Revenue / Cost Balances” it is coming up with the error message “Amount Balance is Zero”. Does anybody understand what this is telling me and how I can deal with this error message ?  Thank you 

We have encountered this error when cancelling a Manual Customer Invoice Our client is using Parallel currency 

I want to delete original Object Group, but I have this error:“The Fa Object Group is used by 1 rows in another object (Fa Ogrp Met Per Book)”There is no object created yet, and I don’t know what I have to do because “Fa Ogrp Met Per Book” doesn’t mean anything, and there is no menu with “Book” or “Ogrp” when I use the search bar…And no, Ogrp is not an error, it’s exactly what is written…Thanks a lot

Hi!I am trying to set up a “advance payment” Payment term to use for sales. My plan was that when the order is completed the invoice would be printed and sent to the customer immediately but shipping would not be possible (end up in blocked customer orders).I have set up a Payment term with 0 days to due date, but it still seems that shipment is still processed in some cases. do anyone have any suggestions on which other things I have to review and fix for this to work...

Is it possible to change the number format for specific transactions/searches I have a report I’d like to show in £ks rather that total figure

When posting a cash transfer between entities, we can only process when we have a specific default user group.   Is there anyway of changing what that specific user group is, or adding to it.  The colleagues posting the cash transfers have a different default and we would rather not change their default

Is there specific voucher types that pull into the Automatic Matching for Bank Recs? I have voucher type N (Mixed Payment) & Voucher type U (Supplier payment run), but I cannot see Voucher type B pulling through for Direct Debits?

 Invoice items are duplicated in the print out of the instant invoice in IFS Apps 10. This happens with 1 customer only while other customers are working fin.Where can I fix it?

while closing the financial year -2019I try to run Final Year End process, but system generated this error 

Is there any solution for handling import functionality as per Indian Custom scenario. Like we have to add Basic custom duty plus clearing charges on goods. Is there any standard solution for this? Please suggest. 

Hi, If there is a price difference between the purchase order line and the supplier invoice, a price difference posting will be created automatically, with transaction code M93.Then we have to posting lines on the supplier invoice, but the line with price difference will not be updatet as a cost on WorkOrder. Why?  If we delete the posting line with price difference and create a new line manually (transaction code MANUAL) then the cost is updated on WO

Hi all , Does anyone have idea about how to enter form C79 in to IFS ? C79 is an imported goods before you can recover the VAT as input tax. Please help 

Im struggling to find any information on the EU member flag in ISO Country Code usage. Is this flag specifically for intrastat reporting or does it drive other functions or workflows? Any info would be appreciatedThanks 

Hi All,  Is there any solution in standard IFS9 apps for handling import funcitonality as per Indian Custom scenario. Like we have to add Basic custom duty plus social welfare charge and CHA charges on material. And we need IGST tax on Basic material value plus Basic custom duty + social welfare cahrge. I tried to handle it through charge type but some issues are there. Is there any standard solution for this? Please suggest   Regards Sandeep Kumar

Is there a way of turning off the requirement for PO lines tax codes to match those of the invoice lines that have been entered?

Is it mandatory to enter the zip code in address level for customers when raising customer invoices using the e-invoice functionality?

Hi, We are global company, and start using APP10 to set up multiple company reporting. We need knowledge on this. we have bunches of engineers from Canada are working on a Belgium project. They are trying to use the Belgium report code to do the time reporting, but not be able to. We know that could be resolved by MCPR setup, how to do that? your step-by-step documentation is very much appreciated. Thank you.

Good morning,  I am new to IFS and am trying to find more definition/clarification on the “Credit check At” function.For instance ,which stage on the life of an order does the credit check trigger? I understand the format for the below, and stage 1 is when an order is initially placed and released/confirmed, the system will credit check on limit etc. it is stage 2 i am unclear on. Is this to trigger a credit check when the order is going to be placed into production, so prior to the manufacture of the order or after the actual order is made? is it when we would be allocating materials to that particular order. Thank you for any insight you could give on this. Regards Ellie 

My customer has hedge contracts with the bank.The accounting currency being SEK and their main purchase currency being USD they safeguard themselves against currency rate fluctuations by frequently securing  different USD amounts at negotiated rates with their bank. These contracts are for a settled total amount and has an end date. They have overlapping time intervals, a new contract is made before the previous is ended.The result being that when they pay suppliler invoices they use these different contracts to ensure the best possible rate for every payment. Not a problem, but:...as the amount on one contract runs out one supplier invoice payment may be based on amounts from two different fixed rate contracts, One part of the payment is at one currency rate and the remaining amount is paid at another rate.This is a fairly common issue  - how do IFS customers usually handle this?

Hi,We are planning to Schedule the task- Generate Open Balance History for Customer and Supplier balances. The way we require is to run for few days during the company month end process. For example we need to run it for Balance date 31.05.2021 on three days - 01.06.2021, 02.06.2021 and 03.06.2021.But the issue is that, the application only allows to have only one balance for a single date. For example when the task is schedule to run on 01.06.2021, for Balance date 31.05.2021 it will run successfully. When it run 02.06.2021, it gives error as there is already balances for Balance date 31.05.2021.Does any one know a way to automatically delete the balances for specific date before running the schedule task -Generate Open Balance History?Thanks

For the life of me I am 99% certainthere is a setting in IFS that allows you to either block or allow 3-way AP matching  of items received on a PO that has not passed quality inspection.  If I am correct, where is this setting in APPS?  If I am wrong then please let me know. Thanks,  Curtis Taylor

Our Supplier Payment proposals produce a file to be uploaded to our BACs software.  We have recently started using one-time supplier details, however we’ve found that these are pulling through to the report in a different order from the standard supplier card details. Is there anyway of changing how the bank details for one time supplier pull through so that they match the correct order for uploading?

I need to change the transaction date or eliminate a CashBox transation with wrong date.any ideas?

Hi All, We are about to GoLive on IFS10 and are looking to understand the functionality of the credit management system. We have set up our collection path and our reminder letters etc but we would like to understand if we can place a query on invoices at customer level. For example, their product is not to the spec requested and as such they will not be paying us until the issue is resolved, we would place the customer in query and as such our aged debt report would exclude the queried customer. We think we’ve found a way of doing this at invoice level, but are intrigued to know if we can do it at a higher customer level? Thanks in advance!

I have downloaded and validated some BR reports from a TEST DB and want to move then to LIVE. I`ve tried just opening the file from the download location and also importing but not having any success, is there a particular method I should follow for this?