Finance (Financials)

Hey guys,We have a request from a US customer who wants to use electronic payment for Trust of America bank.When contacting the bank, they said they do not have a specific document or layout. Has anyone created layouts for US banks? Is there a document that structures the file to be generated?

Hello IFS friends -I have an issue with supplier invoice due dates.  The invoice is loaded from an external source (Pagero).  The invoice itself does not have a due date on it so Pagero is loading the due date the same as the invoice date.  However, the supplier record has payment terms of 40 days.  The recalculate due date is checked on the message default tab of the supplier record. It is my understanding that by checking the recalculate box, the payment terms on the supplier record would be used to establish the due date.  The recalculation is not working for many suppliers but it is also working on other suppliers.  I have not been able to find a commonality for the invoices with the wrong due date.  Any ideas?  We are using IFS10 U23. External supplier invoice screenThanks!

Community,On work task line, you can see the current pre posting for cost center is set. if I changed the object ID, i would like the cost center in Pre Posting being changed automatically by a designated cost center value. my question would be, how to connect the cost center to object ID? Thank you. 

Is it possible to use small letters number in supplier invoice numbers ?All entered letters are automatically converted to big. Is it an option ? 

Hi All,One of our customer’s completed the Year End Process and complained us about 0-13 Periods balances are now zero in GL Balance Analysis, and they are not able to extract the Full Year TB from the IFS Application. In our investigations we found that in Period 13 contains following categories posting transactions only, Automatically created Clear Revenue /Cost Balances related Voucher entry which include GP8 (Retained Earnings) posting. Here they use a different Voucher Type YEM Audit Adjustment manually created Voucher entries- They use a separately created Voucher type for this,  AE Automatically created Final YE Voucher entry - They use a separately created Voucher type for this,  YE Issue:From the Clear Revenue /Cost Balances related Voucher entry all Cost and Revenue accounts balances transferred to Retained earnings , so Cost and Revenue accounts balances not available in the GL Balance Analysis for Period 13 Automatically created Final YE Voucher entry transferred all balanc

We have a question from the users that when they run this report it doesn't show all the customers with all invoices/payments of account. Any idea which would not show the required data? 

My client wanna distribute the cost incurred by marketing team according to proportion of revenue account based on the product group, I have no issue to configure the steps in PCA for this.  However  I have problem to setting the steps for cost incurred by cost centre Finance (ie salary, travelling expenditure) which they wanna distribute it equally to 5 product groups in the same GL account.  How can it be done through PCA?

I have just been told we are changing Bank to NatWest and will need a new facility to upload our BACs files.  I’m assuming there is no direct upload from IFS that can be set up, so we will need to source a intermediary software that sits between IFS and NatWest.  Do any companies out there use this type of software with IFS and recommend any companies to look at?Thanks Trudy 

I am told that you must have an amount in the “Allowed Overdue Amount” if you want to use the “Allowed Overdue Days” is this true? We prefer to use the Allowed Overdue Days only, are there any prerequisites for this?

Hello - We have a process where some of our suppliers are paid via credit card, which we want to process the true invoice through the system, but then will receive an invoice from the credit card company which will reduce cash.  We want the payment of the supplier invoice to hit a liability account, not the cash account, but we do not know how to set it up to work that way. We have a different payment method for this type of transaction, but how do we get it to DR AP, CR Liability account at PAYMENT of these invoices. 

Hi All, We can create a BACS file (BACS.DAT) from ‘Supplier Payment Proposals’ screen.My question is, how to configure the application where BACS.DAT file is copied to a ftp location.Is there any specific screen in IFS where we can configure this?  

hi,somebody can help me ?when i make an instant invoice regarding an intercompany flow, i have this error message : there is no tax liability defined for supplier FR0T. i don’t know where i can set up this “tax liability”.thank you.  

What is the use of ‘Event Based’ Revenue recognition and how it works.We defined events on the project, but when we do revenue recognition, it is being calculated as if no events have been defined. Can someone please help how it works.

A supplier invoice was matched in mixed payments with a remaining balance. There is a debit and a credit balance showing in supplier offset but when I try to clear the remaining balance there I get the following message: ‘Invoice cannot be cleared in supplier offset because it is used in a Manual Supplier payment/supplier offset/Netting Preliminary payment. Is there another way to clear this?

Hello! My finance department uses Customer Offsets in IFS10 to view completed customer offsets. We have found this screen to be missing in IFS Cloud. Has anyone found where you can see completed offsets? 

Hello,what is this button for?We have a request from a customer who would like to post invoices for non-stocked orders without the orders being received.We think this button could meet our needs, but we need your help Thank you in advance.   

We are on APPS 10 UPD20 and trying to do a Credit Card Refund.  Recently we started seeing the error below.  We have previously refunded part of this same order to the same credit card with no issues, now we are trying to refund the remaining balance.  Any idea where I could look on this error? 

Hello,I want the calculated tax to be shown separately as Sales and Purchase VAT in the VAT report. The posting amount related to Sales should be shown under the heading for Sales VAT and the corresponding Purchase should be shown under Purchase VAT. Is there any way we can configure the same in IFS Cloud. Thanks in advance.Surbhi 

We are using IFS for one year and one company and we have already 84 millions lines in the GL Voucher Rows Analysis. 92% of them coming from Inventory Transactions. And most of them are coming from stock transfer.We still have 39 companies to deploy and the volume of posting will be impossible to handle.We would like to have the possibility to activate or deactivate posting for certain Business Event. We really need this featureWe hope you will be able to answer our request

Hello,I don't understand why we don't have the option to apply periodic distribution on customer invoices, while this option is available on preliminary status instant invoices.We can only do this on the accounting entry generated by the invoice, but if the task runs every hour to send it to the general ledger, it's too late. Can you please tell me if there is a setting to be made?  instant invoice we do have the option of period allocation rule thank you for your help

Is there any Belgium localization or documents available for implementing IFS with this belgium requirements ?

Where can i find a description of supported legal functionalities for Germany? VS

Hello everyone,Good day! Following feature and functionality is not showing in IFS Application for UAE Localization, need solution for below.1) Reverse charge mechanism is the functionality not available in IFS ERP.2) In terms of reports, tax invoice & credit note formats are not available in required formats.3) Tax checks 14 days validation for invoicing, and tracking of original supply value and reason for changes in case of a credit note scenario are also required as per UAE VAT lawsKindly review above points and advise us, how we can handle.Thanks 

We are having an issue on Cloud 24R2 querying GL Voucher Rows Analysis. If we use Edge, and input certain criteria (ie often ‘Year and Period’ or ‘Year and Project’), we are given an error when we click Search: GLVoucherRowsAnalysis/List (server error)Database error occurred. Contact administrator.Error details: [{"code":1422,"message":"ORA-01422: exact fetch returns more than requested number of rows"}]Server stack trace error(s):  Failed to execute the generated database statement  ORA-01422: exact fetch returns more than requested number of rowsORA-06512: at "IFSAPP.GEN_LED_VOUCHER_ROW_API", line 6217  ORA-01422: exact fetch returns more than requested number of rowsORA-06512: at "IFSAPP.GEN_LED_VOUCHER_ROW_API", line 6217Request Id: 6705792c-18b2-47ae-a151-5a9bacc91057Method: GETUrl: /main/ifsapplications/projection/v1/GLVoucherRowsAnalysis.svc/GenLedVoucherRows?$filter=((AccountingYear%20eq%202025)%20and%20CodeB%20eq%20'C1005') and (Company eq '620')&use-timezone-filter=false&

Anyone seen this Mixed Payment error? The payment amount and the matched amount have different signs in the lump sum transaction number.    The lump sum transaction number column is blank for all lines in this mixed payment. All of the payments are the same sign as the Inv/Prepayment that are being applied/matched.