Finance (Financials)

Hi, I have activated an Additional code parts and  Additional Code Part Values is filled.  I need advice: How I can connect values of Additional Code Part with account in cart of accounts? I need to set this additional segment as blocked/mandatory/can for a revenue account.Thanks in advance for the advice.Jaroslava 

Long story short, we are running 23R2 upgraded from version 8, with Weighted Average. Revaluation events cause SERREN+/SERREN+ to be not balanced. What seems to happen is at the first revaluation event that the system creates new M191 postings instead of all the old M3s. The result is that the accounting does not balance. M1 and M191 balances though. Removing the old M3s seems a bit unorthodox since they also have voucher numbers. Question:Is it safe to remove faulty postings (thereby removing some of the sequence numbers for a transaction)? Is this a known problem already? We have looked at corrected bugs in the upgrade script. However the upgrade script changes the posting control basic data from M3 to M191, but does not update old transactions.

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Dear All,Kindly requesting your valuable advice,I need to configure exactly below mentioned routing rule in the IFS cloud. Bizapi method is rest but I get errors. Name has no usable addressReceive-e invoice routing addressAll the basic data/message set ups are ok Supplier , company , Assocation no & other parameters ok.  External supplier invoice parameters are ok Only issue is with the routing address.RegardsNaadira

HelloWe have a customer who is allowed 120 days (!) to pay their first SBP instalment, and 30 days thereafter. For example: 30% on receipt of order, paid in 120 days  60% on delivery, paid in 30 days  10% on acceptance, paid in 30 days Can this be built into a payment term (thinking about free delivery months) or would a customisation be required? Many thanks!  

Hi,Has anyone encountered the issue below with Avalara or Vertex integration?The U.S. has several states that calculate sales tax based on the seller’s origin. For origin-sourced sales, tax is applied where the seller is located, while for destination-sourced sales, tax is applied at the location where the buyer takes possession of the sold item.Currently, IFS sends address information to external tax systems (Avalara or Vertex) based on the customer order details and header information. This approach works well when the customer order is created at the same site from which the inventory is shipped—for example, when an order is created at Site A and shipped from that same site.However, issues arise when handling drop shipments within origin-based states. In such cases, IFS does not provide accurate address details to external tax systems. For instance, if Company XYZ has two sites in Illinois located in different counties, and Site A receives a customer o

Hi Community,We are in the process of reviewing our options to comply with upcoming Singapore GST InvoiceNow Requirement. Any of you know have experience in this area?We are currently using IFS Application 10.Thank you. 

Hi All,One of our UK Customer's mentioned that , Citibank have now shared the requirement (see the attachment) that is mandatory from 1 May 2025 to capture purpose codes for CHAPS payments in the UK in line with the ISO 20022 standard. Do anyone of you have any idea about whether we need to do any changes/development for APP 10 IFS Customers ..? or IFS  has issued a new correction to comply with this UK requirement. Appreciate your prompt reply.

Check Recipient is not specified for one or more items included in the payment order. Select Check Recipient for those items in the Payment Order Details window to proceed.

Good morning,I am testing the use of Multi-company allocation and on the CA voucher there is no Currency amount.I can see the Base Amount and the Parallel Currency Amount, but no Currency Amount.Am I missing something?We are working in IFS 10 UPD 16. Thank you,Cora

Dear All,Appreciate your valuable advice on this:I have set up the inter-site process e-invoice in ifs cloud version and but now the final part which is final automatic generation of manual supplier invoice is pending. Giving me this application error message. “ Name has no usable address”Initially in app 10 receive E-invoice routing address was created as bizapi method. Now in cloud I have created as Rest method. Still, it gives errors.The routing rule with the receive and send addressesReceive e-invoice address with the rest method, s

Hi, I'm getting below error when sending verification proposal :Parsing Error : Element '{http://www.govtalk.gov.uk/CM/envelope}GatewayTest' has a value which does not match the fixed value defined in the DTD/Schema. Also what is the connection with the outgoing load file ID and response send to HMRC ?Your advice is highly appreciate. Thanks.

Hi,I cannot find it described in Localization description for Italy, so I am asking here. What is the correct way of setup address for country Italy to get Italian e-invoice (PA Fattura) working in IFS? I was thinking about setting province codes of Italy as States, but it does not work - source value of mandatory tag <Provincia> goes from County field in address (company/customer/supplier) - so how should I set up the dictionary for County codes? This dictionary relates to States list, but States are not used in the e-invoice messages and I have no idea what should be list of values for States of Italy.   

Hi IFS Community,What is the best practice to generate opening balances in Group Consolidation?In IFS Cloud, there are two options available for generating opening balances in Group Consolidation:- Update Opening Balances- Consolidate Balances (for period 0)To generate opening balances for the 2024 0 period, we used the Update Opening Balances option.Everything is correct except for the lack of allocation of year end result from account 20999 to account 2098  and the lack of allocation the non controlling interest from account 20992 to account 20993. We don't want to change balances in the 2023 12 period, so we cannot register adjustments for the 2023 12 period to make the above allocations. We tried using the Consolidation Opening Balance Update Rule function to allocate the year end result, and it worked correctly, but there is still a lack of allocation of the non controlling interest (only one Consolidation Opening Balance Update

HiMy client wants to include credit invoice in the payment proposal for ISO20022.This functionality is used to include credit invoices, but still we got this error message that says:  It´s not allow with negative amount”. see the pictures below.  

Hi, I would like to inquire if IFS App 10 has the capability to record the Freight & Duties of purchased items to track the total cost of imported items.The scenario is that the billing for freight, duties, and taxes is often delayed, which makes it difficult for us to monitor the total landed cost of the purchased items.Thank you in advance!    

Hi,Can anyone guide me on how to create a report in business reporter with a cover page?Thank You 

I have a user who is asking a question about why a specific control type within a posting type cannot be changed (FAP51/AC1).  Are there ‘out of the box’ posting type/control type that cannot be changed?  The effort is to change the control type within the posting type, but they are unable to do so.Thank you for your consideration.Robin

Hi will it be possible to use different CAMT53 formats in one environment?For example CAMT.053.001.02 and CAMT.053.001.08.RegardsKarlheinz

Hi,I created database task schedule for final invoice posting. when i execute it, it does not hit the db procedure and nothing happens, but background job get finished.database task schedule task Appreciate your comments.

Hello All, We have 2 companies. one US and one CAD. We consolidate every month to translate USD to CAD. For 2024 close - we do not want to do a final YE roll because we might have adjusting entries from our year end audit. I was able to complete a Preliminary year end roll for our CAD company, but i keep getting this error message for the US company. As far as i understand, the US and CAD company are set up the same as far as background jobs, but we cannot figure out how to complete the YE roll for the US company. Has anyone experienced this before? or have a suggestion of where to look to complete this task?  

Hi All..We want to create a report for PPV on inventory received and invoice paid .We already did set up on -the post price difference at Arrival. Do  we need to do any other setup and where we can see these difference.Could anyone help in creating these reports.Thank you.

Hi,I have an issue. The voucher date when creating new one doesnt match the user location date. I guess it is our global server date, any idea on how to fix it? 

Anyone has experiene with using the ISO20022 bank format within India?Im working on a example for our bank (payment form KOTAK Bank to Citi bank) .Trying to fill the neccesary fields , im searching for a way to fill the local code (like CITI0000XXXX) and were to fill te codes NEFT, IFT and RTGS.Any one has an suggestion?   

Hi, I am trying a external voucher upload and i receive below error when i try to upload ORA-20110: ExtCheck.VOU_NOT_BAL: Voucher 12/02/2025 is not balanced in accounting currency My template and file as below  Highly appreciate your response.Thank you.