Finance (Financials)

4819 Topics

caveman022Do Gooder (Customer)

Hello, we testing off of IFS App 10 and will soon convert to IFS Cloud. In our current old ERP system we issue materials from the warehouse to the production area and its immediately assigned to cost of goods sold (no visibility of WIP). Our inventory is averaged weighted cost and our system allows inventory to go negative. In order to prevent disruption when transitioning from our old system to IFS, we are looking at options to be able to issue material from raw materials directly into a WIP GL account and somehow be able to receive/close out shop orders/DOP orders through backflushing without getting errors for having insufficient materials. Our current idea was to create an inventory location with non-nettable so its not seen by MRP/purchasing and then have shop orders consume strictly from those particular locations, however we run into the insufficient material problem. The assumption I have seen with IFS is that it assumes your BOM is 100% accurate when backflushing which is neve

624

5 months ago

DinesTecDo Gooder (Partner)

asked in Finance (Financials)

Report Picking Transactions

Hi, Wanted to stop PICK-IN & PICK-OUT accounting transactions.Pls let us know if there is any configurations availble IFS 10 & Cloud.BR/Dinesh

231

5 months ago

LOVISATSSidekick (Customer)

asked in Finance (Financials)

How to only check domestic suppliers' payment references?

BackgroundOur Finnish company uses Invoice Payment Reference Numbers.Company/Invoice tab GeneralFor customer invoices, we have enabled the “RF Finnish Modula 10” as Cust Inv Creation Method.In order to get validation of supplier’s payment references when uploading supplier invoices, we have enabled “Used” as Supp Inv Validation Method.IssueWhen we receive invoices from our suppliers (via Pagero), we will get a validation of the payment reference in the upload. This works normally quite well with domestic suppliers, however, our foreign suppliers’ invoices are stopped with load error "Bank Reference has invalid format!”This is due to the fact we are not receiving a correct payment reference by them (which is not surprising, they are using the reference modula for whatever country they are located in), error relates to the field ncf_reference / EpiReference being incorrect and it seems the supplier reference validation is using the customer reference validation method.Is there a way to i

693

5 months ago

ken milesDo Gooder (Partner)

asked in Finance (Financials)

project capitalization and retain some cost - ex maintenance in the P&L.

Hi Team, We use a project to collect costs for Assets Under Construction, then capitalize to an Object when asset is built and in use. The question is that I want to use Project Costs to track pure profit and loss expenditure on particular types of Maintenance spent when we are fixing machines. We want to collect it and track via Project Code but we do not want to capitalize, purely for tracking and reporting purposes. Best regards,Ken

120

5 months ago

gianni.nevesSidekick (Customer)

asked in Finance (Financials)

ISO20022 HSBC UK - Error tag PmtInfId (Payment information ID)

Hi,We are having errors when uploading our ISO20022 file to HSBC UK platform. The error is related to the PMTINFID tag. IFS generates the information using 35 characters and HSBC UK ask for 18 characters. Anybody have any suggestions what to do?Thanks,

762

5 months ago

NPGIFSJOMAIISidekick (Customer)

asked in Finance (Financials)

Best pracitce for P2P authorizations

Hello,We have been struggling for a long time with our authorization rules from purchase to pay.We do have authorization rules today to ensure that the responsible for our code dimensions combinations approves a purchase or invoice before it’s processed.Therefore, we have rules on the requisitions where it is possible to set this up. We also have the same combination rules on invoice postings to catch invoices without a connection to a PR or where we have difference between invoice and PR.Some problems• It’s time-consuming to administer two sets of rules.• We do not have the same control of purchase orders without PR.Does anyone have a suggestion for us to improve? I think we are able to change the way of setting up rules. The needs the business have today is to let the responsible for the budgeting per code combination approve what purchases we make or what invoices we pay. Please share your examples. How do you ensure the right person authorize in a complex business? :)

524

5 months ago

AshKDo Gooder (Customer)

asked in Finance (Financials)

Inbound e-invoice fails for foreign currency supplier invoices

Hi, We are using IFS app9 and we have a scenario where the inbound e-invoice fails when supplier send e-invoice in a foreign currency.Issue triggers when <VatCurrencyVatRateAmount> tag appears in the XML.Application message is failed with error 'Cannot calculate tax amount in accounting currency because the exchange rate is not found.' Does anyone has had a similar issue ? Please let me know if you know how this can be fixed.Thank you!Kind Regards,Ashwini

320

5 months ago

BytAndrGoDo Gooder (Partner)

asked in Finance (Financials)

New Payment Format iso20022 pain.001.001.009 in APPS9

Hello, Our customer uses Apps9 and requires the new Payment Format iso20022 pain.001.001.009 for German supplier payments.Is this provided for Apps9? Thanks & BRAndrea

561

5 months ago

ATarBPTSidekick (Partner)

asked in Finance (Financials)

Customer Write-Off Tax

Hi, I would like to clear off the tax when doing a customer write-off. For the write off code, I made it taxable (for WO). I also added a tax code for this write-off.When I generate the customer proposal, the tax amount is not written off in a different account like I expected (generating the posting control PP33 or PP34).Do you know how I can clear out the customer claim in 2 lines (one would be the tax amount) ? Thanks, Tarek

290

5 months ago

andrei.borromeoSidekick (Customer)

asked in Finance (Financials)

Subtract cost and project hours via journal entry

We have a transaction whereby 10 hours of labor was booked to a project activity at a total cost of $1,000. Would it be possible to reverse this using a journal entry (ie. cost is reduced by $1,000 and Used/Actual hours is reduced by 10 hours) ? Any help would be appreciated.

5 months ago

Sachin VithanageHero (Former Employee)

asked in Finance (Financials)

Malaysia Einvoice Mandate

IRBM in Malaysia is going to impose an E-invoice mandate starting on the 1st of August, 2024. As per this new legal requirement, AR invoices must be transmitted to the government through a service provider, and IFS should be able to read the response files received from the government. Additionally, it is required to raise self-billed supplier invoices for certain transaction types, such as AP invoices from foreign suppliers.Since Malaysian localization is supported in GET, we would like to know R&D's plans and preparations to handle this new legal requirement. Will this be considered for Apps10 GET? Is there any timeline for the implementation?This mandate is crucial for IFS customers in Malaysia as non-compliance involves penalties. More details about this legal requirement can be found at IRBM's E-Invoice page.

1353

5 months ago

K_RockDo Gooder (Customer)

asked in Finance (Financials)

Supplier eInvoice Payment Reference (Ncf_Reference)

We are using the eInvoice process to bring our invoices using a 3rd party system that uses OCR to export out the data. A new requirement it to populate the Payment Reference field (Ncf_Reference). I cannot seem to find the reference for that node.Does anyone know how to populate that field?

451

5 months ago

TaMaSidekick (Customer)

asked in Finance (Financials)

Fixed Asset depr error

Hi,We got error on depreciation proposal, when we try to post the depr proposal; You cannot post a proposal covering more than 1 financial year. Please redo proposal.We are running the depr for May 2024. Last one was April 2024 and that was OK.We are using IFS application 10, update 14regards, Tarja

553

5 months ago

Asela MunasingheSuperhero (Customer)

asked in Finance (Financials)

Payment Methos SEPA does not exists for the customer xxx

We get the above error when creating a collective invoice for the specific customer. The straighforward fix would be to add the payment method ‘SEPA’ to the customer > payment > payment methods right? But the problem is we don’t use SEPA

4187

5 months ago

RajKSidekick (Partner)

asked in Finance (Financials)

One time period close for all companies

Hello Team,Just want to know is there any possiblity in IFScloud to have centralized month end closing option across all entities. One of our customer requirement is to have one time closure option to close period of all the entities with the global business group. is it managed through CRIM?ThanksRaj

332

5 months ago

AbdessamadSidekick (Partner)

asked in Finance (Financials)

Periodical cost allocation - Routines

Hello,Is it possible to have a "pre-recorded" procedure for periodic cost allocation?For example, we have costs that need to be allocated to different cost centers, and the percentages are the same for each period. Is it possible to have these percentages recorded for reuse?Best regards,

723

5 months ago

Irene RønSidekick (Customer)

asked in Finance (Financials)

Posting Proposals navigation from lobby in Aurena

I have seen the idea with title “Posting Proposal page search/filtering doesn't exist like other Aurena pages” , The explanation to this limitation is the following:The destination page - “Posting proposals” is designed in a different way than regular Aurena pages: it uses functions as the data source for the list element on this page. With this design, the current Aurena framework cannot support search/filtering support for this page. So navigations from the lobby or elsewhere cannot give the desired filtering here. (Note that even the “Search“option is not available for this page) As the posting proposals window is central in all invoice follow up, it is very unfortunate that filtering from lobby element is not working.My question to all you smart people in IFS Community is; Is there a possibility to navigate from lobby element and instruct the Posting Proposal page through parameters to open with a pre-defined search? Best regardsIrene

471

5 months ago

DivyaSubramanianDo Gooder (Customer)

asked in Finance (Financials)

Customer reminder Templates

Hello People, When setting up customer payment reminders, is it possible to replace the standard templates with IFS’s customer statement of account? ThanksDivya

1043

5 months ago

vimelkDo Gooder (Employee)

asked in Finance (Financials)

How to stop to edit the line

Hi, I want to know how to stop to edit the tax amount in expense sheet’s tax lines.

190

5 months ago

GDrysdaleSidekick (Customer)

asked in Finance (Financials)

External Voucher Assistant

Hi, Has anyone managed to import a multi-company External GL Voucher in IFS Cloud 23r1? The External Voucher Assistant requires a Company to be entered. and the External File Template does not contain Company There was some chat that this was possible, but not sure if this was correct or before IFS CLoud.Cheers,Graham

2039

5 months ago

Charles-EDo Gooder (Customer)

asked in Finance (Financials)

Manual Supplier Offset Proposals with differences

Hi IFS’s ExpertsWe would like to use the supplier Offset option to link these 2 lines (1 invoice & 1 payment). I don’t know why but, the only option we can use to match it is the manual option, and unfortunatly in this case, we are not allowed to have any difference (0.01 in this case)Any advice on how match these 2 transactions please ? FYI, we have a rule that allows differences in these casesRegards

491

5 months ago

audreySSidekick (Partner)

asked in Finance (Financials)

Is it possible to use the Collective invoice process with Advanced Invoices?

Is it possible to use the Collective invoice process with Advanced Invoices? I set a customer record to use Collective Invoice type on the Order>Misc Customer info tab. Then I created advanced invoices on two customer orders for this customer. When I created the Advanced Invoices, I don't can create the collective invoice pour cette commande client Is there anyway to include Advanced Invoices in with the Collective invoice process? We are using 22R1

1416

5 months ago

121212IFS

asked in Finance (Financials)

Changing Posting Proposal Supplier-Post Receipt of PO

We’re experiencing issues creating payments after changing the supplier on the Posting Proposal page-post receipt (register arrival) and receiving this error.Error received when creating a Payment Order from the Supplier Payment Proposal Page.When changing the supplier on the posting proposal we’re seeing in the proposal all items change to the new supplier except the Voucher Text. Our current process:Purchase Order CreatedRegister Arrival (purchase order received)Supplier Invoice Entered (externally or manually)Need to change supplier to a different supplier due to an error in (Purchase order or Incoming Supplier Invoice). Doing this on the Posting Proposal Header.Change Supplier on Posting ProposalFinal Invoice Posting ProposalCreate Supplier Payment Proposaland then we’re receiving the error above when trying to move to a Supplier Payment Order that holds up the whole Supplier Payment Proposal.Any suggestions on the sequencing of making this change in the Posting Proposal process

803

5 months ago

ThlaurisDo Gooder (Customer)

asked in Finance (Financials)

Record chilean supplier bank details

Hi all, Please, do someone know how to record chilean supplier bank details in IFS cloud ?Thanks, Regards.

160

5 months ago

bytsophanHero (Partner)

asked in Finance (Financials)

Iso 20022 payment to China

Hi ExpertsPayment in the currency of CNY requires a certain PoP-Code. So far the this Code is entered manually whenever we upload the file to the e-banking platform. The bank is now capable to receive the Code as an Unstructured message in the following TAG (see below TAG”. Does anyone has an Idea or know if its possible to define these codes in IFS and send it along within the iso20022 payment file? Best RegardsSophal

722

5 months ago

Page 22 / 193

Badges

Sign up

Login to the community

Scanning file for viruses.

This file cannot be downloaded