Finance (Financials)

Hi All,How to enable the pre-postings in the PO to be fetched in the manual Supplier Invoice page when the invoice is matched with a PO. Thanks and Regards,Chandima.

Hi Team, This communication addresses a potential inconsistency observed in the inventory valuation of a purchased part, managed under the "Weighted Average" method with "Transaction Base" supplier invoice consideration. The part in question is utilized as a component in Shop Orders, ultimately contributing to finished goods sold via Customer Orders.Under normal circumstances, delayed invoicing of the purchased part triggers an automatic correction of prior transactions, including Cost of Goods Sold (COGS). However, when the part is dispatched via a Purchase Order as Supplier Material (PURSHIP transaction type), the system appears to correct only the PURSHIP transaction itself. Subsequent transactions remain unadjusted, potentially leading to inaccurate inventory valuation.This behavior suggests a possible anomaly in the system's handling of inventory valuation following a PURSHIP transaction, warranting further investigation to ensure accurate financial reporting and inventory control

Hi All,Need advice on solution to clear the below incorrect accounting error.Can anyone help to advice a workaround to clear this incorrect posting so that accounting period can be closed?  The PO for non inventory item is tied with a fixed asset ID and these PO’s and its PO receipt have been cancelled by user The fixed asset object ID is currently active and there is no object transaction Depreciation has been rollback 

  Hi,I have a scenario where Project Pre Posting is not setting in the PICK IN and PICK OUT transactions.Business EventPosting ControlsWhere can I set this up?Thank you in advance.

I am trying to document the accounting process for my company and am not able to find the business events that trigger the accounting for this. I am able to find APInvoice which has the M93 posting but not the IP5 to hold the liability to creditors.  Has any been able to document this and know the business events to look at ?

Hello, I was wondering if anyone else is able to filter on Status and select Preliminary and get results. When we try to search by status “Preliminary”, we do not get any results even though we obviously have many supplier invoices in Preliminary status:  Thank you

Can I lock or stop searching specific supplier state group in supplier analysis window for specific ifs user

I know this has been asked on the customer side, but I’m needing to know how to apply a portion of SUPPLIER advanced payments on to future supplier invoices.  I don’t have access to customer instant invoice because I’m Accounts Payable.  How do you enter the amount to be amortized when after matching PO lines so that a portion of the advance payment comes off???

Hi Friends, While doing Clear Revenue/Cost Balances getting below issue. Kindly help  

 Hi all,We cannot update  the J voucher to GL  due to the following error .It seems  the error is miss leading Any advice on what could be causing  the issue will be helpful.ThanksUdanee 

Does anyone know if there’s a way to schedule the Cash Flow Forecast job to run automatically in IFS APPS 10?Or are there any recommended alternatives for automating cash flow forecast in IFS?Any insights would be much appreciated.

Hello Community members, One of IFS UK customer’s has an issue, when they’re sending the ISO20022 credit transfer file from Cloud to bank via SFTP integration. Danske bank is rejecting the file with following information: RR07 - RemittanceInformationInvalid - Remittance information structure does not comply with rules for payment type - Payment types Standard & Internal do not allow message to beneficiaryWe’re using the standard ISO core Transformer on the Routing Address  What could be the reason of this error occuring? 

Hello!Does anyone have examples of how the payment address on a supplier should be setup according to ISO20022 standard when a European company pay a US company. Screen shots?

Is there a screen or report that show Supplier payments and what method was used to pay? Also need to show authorization , and include if payment was method was ACH. If no Order report then could I create a sql quick report?This is needed for SOX evidence documentation. Thank you,

Are the Brazil localizations in Apps 10 sufficient to cover Mexico needs? Or must client be in IFS cloud 21R1 or newer to get Mexico localization functionality?

In a CTC scenario (in this case Mexico) where customer invoice are sent to the taxation authorities for approval, then sometimes there is a need to cancel an invoice. Process:Invoice sent and approved with positive response (UUID no). Given the e-invoice process type, the invoice is posted User discover that the invoice is totally wrong. They the user contact the authorities and cancel the invoice (UUID no) Invoice is still “alive” in IFS. User create a credit/correction invoice that should not be sent i the taxation authorities, it should be kept inside IFS and matched against the debit invoice for accounting purpose. Given the e-invoice process types used on the customer, it is not possible to post a correction invoice without sending it. I think in App 10 and the MX country package, correction invoices was not sent.Question: in a CTC scenario and  IFS 2023R2, how can an invoice be cancelled “inside IFS” without sending it? It should be possible to post a correction invoice without s

I have a customer that has a Mexico location and is using the Mexico localization to generate an xml.  THey have a requirement that the xml must state various numbers as text instead of just numbers,  For example, 1000 must show as One THousand. Has anyone else encountered this and if so, how was it resolved???  Thanks!

When you have manual voucher with quantity in GL, and you want to cancel the voucher; the accounting information is correct, but the quantity is copied from the original voucher - without reversal / cancelling it. Should it?In comparison, if you create manual voucher and then interim voucher - even the quantity gets reversed.

Community, do we have a Purchase Price Variance (PPV) report by part? if not, any idea how to make an easy report, which window or file we could utilize? Thank you.

One of our customers have an issue where verification number doesn't get updated into CIS verification proposal as well us suppler records. It is visible in external file details.They are in cloud 24.2.1  Any idea as to what is causing this issue .Thank you Cheers Udanee 

When validating the customer data we came up with an issues that Canadian address are not getting validated with Avalara upon creation on IFS.

Hi,Please help me figure out why the EBITDA lobby element needs a workflow.The requirement is to activate the EBITDA standard lobby element in the Finance KPI section. Therefore, I’ve set up the Accounts in the EBITDS Accounting Structure. Nothing works. While the lobby captures manual entries, I believe there should be a way to streamline this process since it is a standard lobby element.Where might I be going wrong? 

Where can I change the invoice date on a Customer Oder invoice to previous month before printing?I have changed the voucher date on Print Invoice screen but although it posts transaction in previous month, the invoice date is still today’s date?

Hi Team,Have you observed below error in connectivity IN message ?All invoices have to be checked in Load ID 8414 !                    ORA-20105: ExtIncInvUtil.NOTALLCHKI’m running intra-company invoice (within same system) using message class MHS and I get above error.Any lead to resolve this is appreciated.