Finance (Financials)

Community, as I am searching all the business events that is scrapping at Quality Control, i have 2 results that really meet my needs, UM5 and M13. Wondering what’s the difference between UM5 and M13, both of them are used for Quality Control Scrap. 

which REST API can be used to update the e-invoice response status to "accepted”?  

ExampleI’m in our Italian entity.We place a customer order to a customer in France with Direct delivery from our supplier in Poland. A classic Triangulation with Italy as a middleman. The goods are sent from the Polish supplier to directly to our French customer without passing the Italian border.In a standard Intrastat solution this should not be reported in the Intrastat report neither acquisitions or deliveries. According to Italy they are referring to the following rule:UE1 vende al promotore ITA che vende a UE2 - Merce va da UE1 a UE2 - Trasporto a cura di UE1ITA riceve Ft da UE1 N.I. e la integraITA fa Ft N.I. art. 41 designando debitore di Iva UE2ITA Si Intrastat Acquisti e Cessioniand say that the transactions after receiving/sendning the invoice should be in the Intrastat reports.

If there are more than 3-digit numbers in the supplier invoice, the 'Invoices To Authorize' window shows all the digits together and it does not give a user-friendly view. It is hard to read the number by looking at the number. Steps:1. Go to the 'Invoices To Authorize' window.2. Search for invoices with more than a 3-digit value. 3. You will notice the formatting error of the amount. The amount is more likely in the text format, not the number format.           e.g. Current view: 28156711.25                   Correct view: 28,156,711.25  

Does any one know where the voucher type for the Lease liability is defined ?  The list of values does not show any voucher types as well.I am trying to create recognition posting for a new lease contract ( New in this specific company, we are using Lease contract in other companies with no problem), and it doesn't pick up a voucher type.   

Currently when uploading a multi-company voucher, the voucher won’t bring in the intercompany accounts needed to balance the entry.  When doing the entry manually (Manual Voucher) it will bring in the intercompany accounts needed to balance the entry.Is there a way to upload multi-company external vouchers that will balance the entry with the correct intercompany accounts?  Is there something we can do on the external voucher template to assist with the auto balancing like when entering a manual voucher?

Hello, Does anyone use the Customer > Credit Infor >  “allowed Overdue amount” or “Allowed overdue days” fields?   Do these impact a customer orders going on credit block?  I would have thought it was meant for that but it doesn’t appear to be.   ie: we want to allow a customer order to be released if it’s wanted receipt date or value is within a certain number of days or amount of its outstanding invoices with these fields populated.  Otherwise what are these fields used for?  calculation of interest ? Thanks! 

Hi, is there any way to correct or update the Cost code on an account in the work orders? I have a posting in the TX6 flow (expenses) wich is now marked CSS on a ballance account , where it should have been marked as WIP .Im not able to transfer this now to the PL account.  Anyone has a suggestion?

We had ownership in a subsidiary change mid-year from 50% to 100% and changed the consolidation method from Equity Minority to Equity Majority accordingly.  This is resulting in a financials out of balance on the parent node in consolidations. The income statement side (GCP2 & GCP8) of the Profit Elimination consolidation transaction type remain but the balance sheet side (GCP1 & GCP7) cease with the change in consolidation method.   The result is in effect a one-sided entry. How to resolve this so this consolidation node is back in balance? 

Hi,I see some inventory transactions shows zero cost for transaction code OOREC-Shop order receive. Please advice why this happens and what is the solution for this……?Is this due to part reevaluation issue…..?  

ORA-20105: AccountingCodestr.INVCODE: Invalid code part demand requirements for account 6055000  connected to SCV13 posting type. I have this error message when posting invoice. Thank you  Christophe

Hi I have noticed that after Transferring Payments and Acknowledging them, the expense claim sits as ‘Authorized’ and not ‘Transferred’. Any ideas what might be missing?

When running the cash flow exposure report, the system is considering purchase order lines invoice payments in the future as intended.  The issue I am having is that the report is considering the total value of the PO line and not subtracting any advance payments that have been made to the supplier.  If the over all invoices is for $1,000,000 but we have made $500,000 in advance payments, then the future cash flow should show -$500,000.  It is currently showing the entire $1,000,000.The advance payments are showing as separate lines under the incoming balance section with the cash flow type = Supplier on Acc. PaymentsDoes anyone know how to solve this issue? 

I am having some trouble using the cash flow exposure feature in IFS. I may have setup something wrong, but the immediate concern is that I am getting an error message in the update cash flow analysis snapshot background job.When I run the update cash flow analysis snapshot - I choose company A.The error message is: PaymentTerm.NOPAYTERMEXIST: Payment Term is not defined for the Supplier 30322 for Company A                    ORA-20105: CfaUpdateUtility.ORA-20105 This supplier is not setup for this company. When I setup the payment terms for this supplier, I received an error for another supplier that isn’t setup for company A.  Cash flow analysis snapshot setup:  Analysis Details Cash Flow source (I am looking to create a cash flow analysis of our payables onl

I am using Enterprise Explorer Applications 10 and there is a customer order for a customer that is not blocking but it should be because the customer has a credit limit of zero on the Customer screen (“credit info” tab; credit limit) and also on the header of the customer’s Customer Analysis screen.It isn’t a custom event that is casing it not to block, it must be something internal in IFS. I haven’t been able to trace it. Can anyone shed any light on this?Thank you

We are upgrading to Cloud from Apps10, and found while testing functionality that we could not post a Manual Supplier Invoice without unchecking this box. (it was checked in Apps10 and did not have this issue)Just want to make sure that there are no unforeseen repercussions to unchecking this box.We do not use posting proposals...and post each invoice as it is created. 

Hi, Does anyone know a way of making the Payment Term Base Date on a Project Invoice automatically equal that of the Application Date on the Application for Payment?ThanksStephen

We are importing the fixed asset subledger into IFS for an entity that has an Asset Retirement Obligation (ARO) asset with a negative balance.  The asset came to have a negative balance after a valuation adjustment at the end of 2022.IFS does not allow you to import a negative cost or a positive accumulated depreciation resulting in a negative balance on an asset.Does anyone else have an issue with ARO objects having a negative balance and how are these dealt with in IFS?Thanks,Monique

We recently upgraded from IFS 8.1 to IFS Cloud 2023.2.2.In 8, we had the ability to set a shop floor employee job for difference as an indirect operation or a direct operation.  In IFS Cloud, we do not see a place to set a direct job for difference, only indirect.Has this functionality been completely removed with intent, or was it moved?Is anyone handling this situation differently? Screenshots of IFS 8 and IFS Cloud pertinent screens attached.

When creating AFPs with retentions, it has been observed that the retention percentage does not always calculate correctly. This creates issues when we receive payment certificates from customers, as we are unable to match the values accurately.For example, in a contract with a value of £75,542.08 and a 5% retention, the expected retention amount should be £3,777.10. However, the application calculates the retention as £3,777.16, resulting in a 3p discrepancy when releasing the interim retentions.Could you please provide guidance on how to resolve this issue? It may cause problems with customers when paying invoices. 

Dear Community,in our company we’d like to implement MT100 bank payment format for payments in EUR. Could you please kindly advise where to define that the cost of such payment should on our side - ‘OUR’ identifier. I cannot see any place for such info in the Electronic Payment Address. Have you faced such an issue? Do you have any suggestions where to look for? We are also testing the option of Polish Split Payment solution of vat payment in accounting currence. If there are any Polish specialist with experience in this area here, I’d be also grateful for any feedback. Thanks :)

After defining a custom rule with SA070200 code in Avalara, is it possible to apply this custom rule to a charge or non-inventory part in IFS? 

In IFS, when labor clocks into a shop order, the cost is derived from the "Labor Class," which is defined in the routing of the part. However, when labor clocks into an indirect job, the cost is calculated as hours worked × standard cost, where the standard cost is defined in HR > Standard Costs. The issue is that these standard cost rates have not been updated in a long time. We are concerned that changing it might impact other accounts or areas within the system.Before making any updates, We’d like to understand: What specific accounts or financial areas would be affected by a change to the standard cost? Are there any dependencies or system configurations that need to be checked before updating this value? I’d appreciate any insights or experiences from those

Hello,I’m trying to create a new business plan but I’m stuck in this screen. I have added myself as a Business Plan Administrator. I can’t seem to add a USER GROUP? (e.g. missing + signs) This is what I expect: Thanks!

Has anyone used Equity Minority or Proportional Method with Group Consolidation?  If so, can you give me an idea about how this works?  Are there any posting controls that need setup, how the accounting works for each of these methods?  Any help is appreciated.  We are currently in IFSAPP10 UPD21.