Finance (Financials)

Français:Nous voulons valoriser un encours de services dans nos comptes avec IFS v10.Pour l’instant, nous savons incrémenter (débiter) cet encours avec le contrôle d ‘imputation T1 (le crédit correspondant étant réglé par le contrôle T2), par exemple quand on déclare la consommation d’une ressource sur une tâche d’un Bon de Travail.Mais nous avons également besoin de décrémenter l’encours (par le coût du travail) quand nous facturons le travail effectué au client.Quelqu’un pourrait-il me dire comment faire en IFS V10 ? English:We are trying to get the value of the current Service WIP into our accounts with IFS release 10.The thing we can do currently is to increase (debit) the WIP with T1 posting control (with a credit through T2 posting control), for example when declaring a resource consumption on a Work Task in a Work Order.But we also need to decrease the WIP (with the cost of the work) when we issue an invoice of the work performed to the customer.Does anyone know how to do this i

Hi, The project team has created a new project and cannot connect a line correctly from the invoicing plan. They have created a new line in the invoicing plan table with sub ID, activity ID, report code etc, but the line does not show up in project navigator or project connection.I need it as ‘planned revenue’ in the “revenue” sheet on the activity.The project and activity is released and all dates are within operating periods.What process is missing to connect (or activate/release) the line to the project? BR/Susanne 

Hi All, We had a recent issue where erroneous postings were resulted in Distribution and Manufacturing Postings Analysis, as the relevant accounts had Code Part B as mandatory (which didn’t flow through in this case), . And it seemed that the system had created empty vouchers in Cancelled state for these every time  ‘Transfer Purchase Transactions’ was run (it’s a scheduled task).  I found in the Help for Voucher Entry the following “Vouchers with Cancelled status are automatically created when a voucher transfer from IFS Distribution contains a voucher where all included voucher rows were returned to IFS Distribution due to errors. “ Has anyone come across such scenario? Does anyone know the actual purpose of the cancelled voucher creation that’s actually empty? TIA

Greetings everyone,My colleague informed me that Customer Advance functionality may not be used in Italy.Would someone be kind enough to share experience in finding the workaround ?Thank you beforehand!Bobby 

We have a sweep each day on one of our bank accounts, which for certains reasons, isn’t posted anywhere. Is there anyway I can match this off from an uploaded bank statement without an entry to the bank ledger?

Hello everyone,  I am a new user of IFS 10 and have few questions regarding the process of supplier invoices and possibilities of automation/time saving. At the current situation, we use "external supplier invoices" to register invoice recipient and make sure there are no "load errors" in the invoice, then we go over to "Final Posting Proposal" to fill out the post accounts, project, product number etc.. Are there any possibility to shorten this process and amount of "mouse clicks" here? For example, I have used other ERP systems before where there was only one page with the whole overview og the invoice. Meaning that you could de the tasks in "external Supplier invoices" and finals posting proposal" in one page. Would like to know if this is possible, or if there are any other ideas/shortcuts you think of that could be useful to shorten this process. Thank you!

 The invoice is loaded and created but with error.I suspect the error comes when adding document to load. Error:ORA-20105: PlsqlapServer.ERRPING: No response from MWS server [INT]  

How do I reverse a supplier offset that has been processed in a previous period?

We will be able to report reverse tax on our supplier invoices. We have created a separate Tax Code for that. Since we need to report both Tax Disbursed and Tax Received I suppose this will be calculated tax.There will not be any tax on the invoice (net amount) but we need to add that on two tax-accounts (disbursed and received) when we post the invoice. Off-course we want this to be an automatic posting on the voucher. Which Posting Control will we need to configure? For example: Supplier InvoicePrice: 1000Reverse Tax is demanded We would like the voucher to look like this:Account 4010: 1000Account: 2617: -250Account: 2647: 250  

We have few customer invoices that were cancelled in the system and when we are trying to close the month-end, it is giving us an ‘warning’ about the ‘Customer Invoices in Preliminary status’ in the ‘Accounting Periods’ screen >’ Validation Transactions in Progress’ window. Though we can by-pass the warning message and able to close the month-end, these warnings related to the Cancelled Invoices that were stuck in Preliminary status are showing up end of every month.Is there any solution to clear these warnings/transactions so that we aren’t investigating every month?

Hello,I have this question:What is the simplest or the standard functionality in IFS to manage Supplier Payments to a Factor (another supplier) – so when we are posting a MSI from Supplier A, what is the best way to record information that the invoice should be paid to a different entity (payee) – so when we reach supplier payment proposal or is already with the payee changed (from what was record on the MSI posting) or at lest how we are informed.Main point: how IFS deals with factoring.Thanks for the help.

HiDoes anyone know how to setup a global number sequence for project ID? I have tried this - but it is still possible to type in what where I want as project ID when generating a new Project through RMC - new project in the project navigator menu.  

Is there a way to split default customer invoice series so that i may have different series for invoices for Service business and Equipment business.e.g > Service invoice series could be normal “CD” but Equipment business series “EQ”

Hi All,We've got a situation at a customer of us.They have import 2 external invoices. One in June this and one recently.It are 2 different suppliers. Both have send a invoice with the same number,When we serach now for a manual supplier invoce we see the following: The re is no invoice series defined for invoices of Type SX Is this a normal behavoir of IFS? I mean can this happen?Can this led to issues?Thanks in advanced for the answers Regards R.L. Groener 

Is there anyway of putting a block or warning in over invoices dates? We have had issues, usually at turn of year where an incorrect date can be entered, and it would be good if IFS could warn us that an invoice date is xx days old for example or that we are using a date in future which can cause issues also

A user has been getting an error in the Posting proposal screen when she tries to match PO receipts for a part. When I debugged it in SQL Developer I found the error is occurring on this line (inv_net_amt_in_inv_curr_ -receipt_price_in_trans_curr_)*receipt_price_in_trans_curr_/receipt_curr_rate_,base_curr_rounding_ receipt_curr_rate_ is zero but I can’t find where this value is coming from. I have a detailed description attached in a Word Doc. Any help would be appreciated, thank you.

Dear all,IFS-competitors offer a range of solutions to handle Letters of Credits. I am not aware of such a functionality in IFS. How do your customers deal with Letters of Credits in IFS? Any functionality I missed or any tipps or tricks? Thank you! Mattis

HiIn apps 10 update 8, we want to start using Cost Per Condition for some of our parts as we e.g want to valuate refurbished part to 65% of a new part. Are there a way to do this automatically such that a certain condition “REFURBISHED” is always set relative to the standard cost? Also, preferrably the Level Cost Details are also set relative the the cost buckets of the standard cost. BR Kristian

I represent a company where we need single, unified Accounting Currency (USD) in all the IFS10 companies and then using the Parallel Currency for the local currency reporting. As Oil & Gas client we also need to be able to do O&G “Site Moves” which requires an equal accounting currency in all the companies. However, when trying to use a Global Extension (GET) for Brazil as example, IFS will only allow BRL as Accounting Currency. So problem is that from a GET perspective IFS will only allow BRL in Brazil as Accounting Currency, but in order to use “Site Move” across IFS10 companies it requires same Accounting Currency. As It does not make sense to have BRL as Accounting Currency outside Brazil we cannot use Brazilian GET solution as “Site Move” is business-critical and GET is not.  So only option appears to be sponsoring a customisation which caters for GET associated features such as VAT reporting. Any ideas in the community to resolve this without customization? 

Hi all, Has anyone ever tried to pay a Supplier Invoice in a different currency than the Invoice Currency?We have received an Invoice in Angolan Kwanza, but we don’t have a Kwanza account. Now the bank is rejecting a fx. trade upon payment. Therefore we got the idea to pay the invoice in USD instead. Anyone knows if this is possible to trigger from IFS?

I have uploaded a bank statement in error, I cannot upload correct version as I get error stating Bank Statement exists, How do I remove the one uploaded in error?

We would like to create a posting template that we are able to use in Manual Customer Invoice. Is that possible?

Hi,We are using IFS Apps 8.We have the following error with the scheduled job:Period 2020 - 11 is not open for user group XX in Company XXXThe period is closed as part of the month end processing.Finance have a query to look at maintenance postings analysis for those with a booking status not equal to Transferred however this issue is not seen in this screen.Where in IFS do Finance need to go to push this through without re-opening periods?Thanks in advance

Hi, I am new to IFS, my company uses a very old version of IFS...7.5 We are changing banks and I need to add a new GL account and set it up to be able to post supplier payments out of both of our bank accounts, the new and the old. I have searched everywhere that I can think of but I cannot find instructions to do this. I think I have figured out how to add the GL account to the chart of accounts, I have set up a Cash Account and a payment method, I have added a posting control to to hit the correct GL account for the new Cash Account, and I added the Payment institute. I am able to Create the payment proposal, and then the payment order, but when I create the check payment the “OK” is grayed out so I cannot select it… I also tried to do a mixed payment using the new account and got an error that I could not use this account in manual postings. Obviously I set something else up wrong. Any suggestions would be very much appreciated. Thanks,Deb

Why does an invoice not go to finally posted when it matches and balances with PO receipted value? We have invoice that balance, but have to manually add authoriser line and finally post