Finance (Financials)

This will include the questions related to Financials.

  • 4,280 Topics
  • 11,782 Replies

4280 Topics

R
Hero (Customer)
RcoubrouHero (Customer)
asked in Finance (Financials)

Bank Reconciliation process - automatic Transaction Matching

Hello, We are looking to use the Bank Reconciliation process where we upload from our bank the cashed checks so we can mass “cash” them.   Our daily files could be quite large.    When we test this process and let’s say want to remove the bank statement due to an error, it’s telling us we need to unmatch each check first one at a time!   This would be very time consuming!   I remember testing this in version 7.5 and pretty positive I could just remove the whole thing without performing this function.  Does anyone know of a way to remove the bank statement in version 9 without having to go to each line to unmatch?   I may just be missing something in set up.   Thank you in advance! 

4
cperdue
Hero (Partner)
4 years ago
R
Superhero (Partner)
RutJWhalenSuperhero (Partner)
asked in Finance (Financials)

Manual Voucher Entry

Why would Copy Voucher in Hold Table RMB option be greyed out when on checking the permission set this has been granted?   Thank you.

5
R
Superhero (Partner)
4 years ago
J
Sidekick (Customer)
jhooperyanSidekick (Customer)
asked in Finance (Financials)

Emailing Customer Statement Of Account

We are running Apps10 UPD8 Our Finance department would like to start emailing Customer Statement Of Account reports directly from IFS.  We are testing the setup in our test environment.  We already use report rules to email other reports out of IFS, so I know IFS can send emails.Where we are atSetup the AR Customer Contact information under the Payment tab in Customer.  Output Media is E-Mail. When we run the report - I can see it in Report Archive with Notes = “Output Media: E-Mail, Language: en”  The Printed checkbox is not selected (correct) But - the email is not being sent.Based on the documentation, it sounds like it should just email, but I’m not sure if I need to setup something else.If this should work - any suggestions on where to look to figure out why the email is not being sent? Or do I need to setup a Report Rule to actually send the email? Thanks 

3
K
Do Gooder (Customer)
2 years ago
A
Do Gooder (Customer)
abyamfoDo Gooder (Customer)
asked in Finance (Financials)

Depreciation calendar for 4/ 4/5 accounting period

Our Accounting periods has been set to follow 4/4/5 calendar, the depreciation calendar also follows the same. When we created a depreciation proposal, we could see that depreciation is calculated using calendar month rather than the 4/4/5 period. How can we get the system to calculate depreciation using 4/4/5 calendar. ? 

13
A
Hero (Customer)
2 years ago
B
Sidekick (Customer)
BLLBrucemoSidekick (Customer)
asked in Finance (Financials)

How can i write off a customer over payment

We have multiple 1p over payments that we would like to write off. Normally we refund overpayments, but the admin is just too much. Would I use the customer offset screen? Also I can write off invoices as a whole, but not part payments. Am using the customer offset screen - any tips?

4
A
Sidekick
2 years ago
Kalhari Dissanayake
Hero (Customer)
Kalhari DissanayakeHero (Customer)
asked in Finance (Financials)

Supplier Payment Rollback - Partial Payment

Booking Control Supplier Partial Rollback: In the case of "Supplier Payment Rollback - Partial Payment", we already have the problem in IFS7.5 that the lump-sum partial payment is not posted back to the supplier, but to the company ID. The fault is the booking control PP9, because this is not can be set equal (according to supplier group) posting control IP1. Please advise on how this can be corrected.

2
V
Do Gooder (Employee)
4 years ago
S
Sidekick (Customer)
SohailSidekick (Customer)
asked in Finance (Financials)

External voucher upload error in IFS 10

I am getting an “unpack error” while uploading external voucher. I believe this is due to date format. Where, in IFS, i can go and change the date format that it will allow me to upload my voucher?

4
S
Sidekick (Customer)
2 years ago
M
Hero (Partner)
MitDenukN
asked in Finance (Financials)

Cancel/Delete Not Approved Manual Voucher

Hi All,A user has created a Manual Voucher and he wants to delete or cancel this voucher.The voucher is in Not Approved status and this is not available in GL Vouchers Analysis window.Please advise me to cancel or delete this voucher.I’m in IFS APP 09 UPD 08. Thank you!

7
M
Hero (Partner)
2 years ago
V
Do Gooder
VMSGanesanDo Gooder
asked in Finance (Financials)

Customer Credit Management functionality in IFS-8

Hi,Could anyone explain the steps for implementing Customer credit management functionality in apps8 environment and inform what are all the impact process we need to check. Thanks & Regards,Mathu soothanan91 - 96291 25946

1
S
Superhero (Customer)
3 years ago
C
Do Gooder (Customer)
ChristineKDo Gooder (Customer)
asked in Finance (Financials)

Invoice Approval Process

We use the approval process functionality, on the Manual Supplier Invoice screen, in IFS APP 10.  We have created a “Hold for Approval” payment term,  that is aged at 360 days.  When an invoice requires approval(s), before it can be paid, we manually change the supplier’s payment term to this “Hold for Approval” payment term.  This prevents the invoice from being selected to a payment proposal and  paid in a check run before the approval(s) are complete.  Periodically, we then have to query for those invoices with the “Hold for Approval” payment term, to see if the approvals have been completed.  Once they are, we manually unauthorize the invoice,  change the payment terms back to the supplier’s normal terms, and authorize it again.  While this process serves the purpose, it is very time consuming. Is there any way that this can be automated, so an invoice cannot be paid before all approval steps attached to it have been completed?  

3
C
Do Gooder (Customer)
2 years ago
X
Sidekick (Employee)
XAIVFRSidekick (Employee)
asked in Finance (Financials)

Template from MT940 to be imported as Bank statement ?

Hello, Has any one build a template from MT940 to be imported as Bank statement in Ifs for bank reconciliation ? Thank you.Xavier 

8
X
Sidekick (Employee)
2 years ago
Shangavi Subendrarajah
Sidekick (Employee)
Shangavi SubendrarajahSidekick (Employee)
posted in Finance (Financials)

Your Systems Administrator has not granted permissions to complete that action in Aurena

Issue: When an end user is logged in Aurena, if an error occurred as below for some windows like Supplier Offset, Customer Offset Proposals:Your Systems Administrator has not granted permissions to complete that action Solution:Prerequisites: Go to Debug → Enable Debug Console → go to Page Info Tab and check the Projection name:Go to Entity Action Grants in Aurena  Search for the Projection name  With the Permission set in Entity Actions Grant → FndTempLobStore Granted value will be No, change it to Yes Change it to Grant for FndTempLobStore Likewise in Projection Action Grant → DefaultInfo grant the permission It can be fixed through in IEE → New Permission Set → Search for the Permission Set → go to Projection tab → Expand the Projection file details:We can see that the FndTempLobStore and DefaultInfo will be in Blue for both attributed RMB and click on Grant 

3
N
Sidekick (Partner)
2 years ago
A
Do Gooder (Customer)
andrei.borromeoDo Gooder (Customer)
asked in Finance (Financials)

Revenue Recognition

Hello.  We set up the project below, with only 1 activity, where planned revenue is 100K and planned cost is 70K so that planned margin is 30%. Actual cost is 85K all of which was booked in one period. We set the financial project to a Project Type of Capitalize Rev/Exp and Revenue Recognition Method of POC Revenue First.   When we run revenue recognition, it recognizes revenue of 100K and cost of only 70K even if actual cost is 85K. In this overbudget scenario, we would like to recognize revenue of 100K (ie. the planned revenue) and cost of 85K (ie. the actual revenue).   However, in an underbudget scenario (let’s assume planned revenue is 100K, planned cost is 70K and actual cost is 65K), we would like the cost recognized to be 65K (ie. actual cost) and revenue recognized to be 92,857.14 (ie. the revenue needed so that the planned margin of 30% is achieved). I would appreciate any thoughts on how we could achieve this. The IFS version we are using is Apps 9 U13. Is there a particular

5
A
Hero (Customer)
1 year ago
hary
Sidekick (Partner)
harySidekick (Partner)
asked in Finance (Financials)

Pre posting

how to set pre-posting possible or mandatory for a specific code part or for all on a specific object like PR, PO, CO, PO receipt  SO  on the header or on the lines depending on the object

3
MadushaDissanayake
Superhero (Employee)
2 years ago
V
Do Gooder
VAMSHIDHAR REDDYDo Gooder
asked in Finance (Financials)

The value used for the code part Account is missing or has invalid time interval

Account Valid until date and code part demands are entered correctly but still facing the issue.Maintenance Posting analysis. Thank you  

7
A
Hero (Customer)
2 years ago
SSigworth
Do Gooder (Partner)
SSigworthDo Gooder (Partner)
asked in Finance (Financials)

IFS Apps 10 - Issue: Unable to Pre-post Code Part value for Posting Type PP17 when attempting to save customer check with automatic write-off amount.

IFS Apps 10 - Issue: Unable to Pre-post Code Part value for Posting Type PP17 when attempting to save customer check with automatic write-off amount. Setup: [list] [*]Posting Type PP17 setup with AC1 - Fixed Value for Account (Code Part A) [*]Account has Code Part Demand 'Mandatory' for Code Part B [*]Posting Type PP17 setup with AC2 - Pre-Posting for Division (Code Part B) [*]Customer setup with Tolerance Amount of $50. [*]Enter Customer Check and match invoice for less than the amount due, but within the automatic write-off tolerance amount set for the Customer. [*]Automatic write-off amount shows on the customer check line info and in the Withdrawls pane. [*]Highlight the customer check line and select Pre-Posting [*]Enter valid pre-posting value [*]Save the record - Error message appears Wrong Code Part demands for posting type PP17 [/list] I have a client with this issue in IFS Apps 10 (not sure which UPD level they are on), however, I can not recreate the issue in an IFS Ap

4
MarieSkoldenborg
Sidekick (Customer)
4 years ago
G
Sidekick (Partner)
Ghita RaisSidekick (Partner)
asked in Finance (Financials)

Automatic matching for intercompany supplier invoice

Hello,I'm having issues with regards of automatic matching when doing intercompany invoices in IFS.If the check box "Create when checked" is not ticked in the external supplier invoice parameters, I have to create the invoice manually when the invoice is loaded and the invoice is automatically matched with the PO as expected (through posting proposal).As my customer is willing to automate all the steps, I'd like to do the process where the invoice is "created when checked", to avoid manual creation. The invoice is indeed created with no errors but it seems like the system doesn't find the receipt. Thus, the automatic matching is not automatically completed, whereas the PO was indeed fully receipted.My posting proposal status is "cost invoice" and in the invoice lines I can see the PO reference and not the PO receipt (which I can see when the invoice is created manually from the screen: External supplier invoice load information, after being checked automatically).Please note that I man

8
G
Hero
2 years ago
PRODQ
Hero (Customer)
PRODQHero (Customer)
asked in Finance (Financials)

External Supplier Invoice Template STDSIN1 or STDSIN2/Duplicate Invoice No error

Does anyone have either/both of these templates they could share, please?  If there is a completed example that works that would also be appreciated too. We have an issue (Apps 9) where we are trying to import a multi-line supplier invoice (one invoice no, multiple lines/postings/tax codes) but the invoice fails to load.  When we import an invoice with one record, it imports without error.  When we try multiple lines we get the following error Any suggestions/ideas would be much appreciated.   Linda

9
PRODQ
Hero (Customer)
2 years ago
M
Do Gooder
ManishGDo Gooder
asked in Finance (Financials)

Print Payment Advice

I want to Print Payment Advice form IFS using Order Report but in Order report, there is an option to enter Order ID I don't Know what Order ID system required.  

8
M
Do Gooder
3 years ago
M
MLVCHKN
asked in Finance (Financials)

SAF-T

Does anyone know how to genereate a file with SAF-T format in IFS apps 9? Does anyone have an instruction for set up to share?  (SAF-T Financial is a standard format used in the exchange of accounting data. SAF-T, or Standard Audit File-Tax, is the result of a joint development collaboration between the business community, the accounting sector and the Norwegian Tax Administration, based on a recommendation by the OECD) Thanks in advance, KR Christina   

8
S
Do Gooder (Customer)
3 years ago
B
Sidekick (Partner)
BRSASidekick (Partner)
asked in Finance (Financials)

Currency update - UK

Trying to find a link to a UK web site with a suitable xml or CSV format for daily automatic IFS currency update of yesterdays rate for a UK company.  Can anybody help me with an exact link to this?

6
C
Do Gooder (Customer)
2 years ago
M
Do Gooder
MilSiddiHDo Gooder
asked in Finance (Financials)

Corrective Invoice for Service Orders

Hello! Need help in creating corrective invoice for orders with Order Type “SEO”. System doesn’t allow creation of RMA for Service Orders. Is there any way to change the lines/ prices for customer invoices with status “Invoiced/Closed”?

3
M
Do Gooder
4 years ago
R
Do Gooder (Customer)
ranzanDo Gooder (Customer)
asked in Finance (Financials)

Supplier invoices

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!

2
Carlo Palma
Sidekick (Partner)
3 years ago
M
Do Gooder (Customer)
Maaret EklundDo Gooder (Customer)
asked in Finance (Financials)

External file type / header row

How was it possible the skip first row when transferring CSV-file with external file / voucher assistant? It was some setup in External file template, but can remember it. We are using Apps9.

5
M
Do Gooder (Customer)
1 year ago
G
Hero
GayanDHero
asked in Finance (Financials)

Payment Advice Creation - Depending on Format

Hi, Does any one know how this option works? Thanks

5
G
Hero
2 years ago

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