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Finance (Financials)

This will include the questions related to Financials.

  • 5,434 Topics
  • 14,347 Replies
5434 Topics
S
Do Gooder (Partner)
SandyDo Gooder (Partner)
asked in Finance (Financials)
Instant invoice Send Error - intercompany invoicing

Hi All,We could send the instant invoice to the other company in same database. The message is  ‘accepted’ in connectivity outbox. Connectivity inbox message is ‘rejected’ with the error as ‘ORA-20111: UserFinance.RECNOTEXIST: Access denied! User IFSAPP is not connected to Company’.IFSAPP is connected to both companies under AC user group. Anybody has come across this error. Appreciates assistance to resolve the issue. Kind regards,Sandy 

832
T
Superhero (Employee)
K4uLinalM
Sidekick (Partner)
K4uLinalMSidekick (Partner)
asked in Finance (Financials)
The field "Supplier Branch" in the supplier page

Hello, I can't find this field “Supplier Branch” on the supplier page so that it is automatically populated when the supplier invoice is created. Could you please help me?Best regards, Lina

431
Chamika Dilhani
Hero (Former Employee)
H
Sidekick (Customer)
HurremogluSidekick (Customer)
asked in Finance (Financials)
Customer Invoice Authorization

Hi All,One of the users with the same permission sets cannot view the lines tab on the customer invoice screen, while the other can. What should we do? 

562
hhy38
Superhero (Customer)
S
Do Gooder (Partner)
SandyDo Gooder (Partner)
asked in Finance (Financials)
E-invoicing for Germany

Hi,My client is going to adhere for B2B E-invoicing from Jan 2025 and I found that is not in localization centre when the company created from Germany Template. When would it available in IFS 24R2?Kind regards,Sandy

2654
S
Do Gooder (Customer)
C
Do Gooder (Partner)
ChaithravDo Gooder (Partner)
asked in Finance (Financials)
Not able to mark Paid for the Non-Reimbursable Expenses

I don't see any way to mark the Non reimbursable expense sheets as paid. If we do Payment in full, only I can see reimbursable expenses to mark them as paid. No non reimbursable expenses are appearing on Employee Payments to mark them as paidCan anyone please suggest how to mark Non reimbursable expense sheets as paid.

180
C
Do Gooder (Partner)
I
Hero (Customer)
IFSRUNINNOVALHero (Customer)
asked in Finance (Financials)
How to delete the supplier open balance history ?

Hi,The permission of removing the records in the supplier open balance history window is granted to the user who creates the record only.But the user who created it is no more in the company.Even with the admin account we cannot delete the supplier open balance history.Do you know an other way to delete a old supplier open balance history?  

1014
R
Do Gooder (Employee)
B
Do Gooder (Customer)
Bill LumbDo Gooder (Customer)
asked in Finance (Financials)
Mid Year Accounting Close

How do you create a stub period or short year if your company is sold?  I understand that I can remove removes months from the Accounting Periods to have the Year End Closing earlier but how do I create the short period?

2628
C
Hero (Customer)
L
Sidekick (Partner)
Lakna KSidekick (Partner)
asked in Finance (Financials)
Application Message not created when using EDI

Hi,Following are the steps I used in sending invoices via EDI1.Create Customer Invoice2.Post ànd Send Invoice. Selecting EDI as the media code3.I see the invoice in Connectivity Outbox but does not appear in application messagesThen I used INET TRANS and I see the message appears under application messages → but it Failed ExecutionException from Sender thread Caused by: ifs.fnd.connect.senders.ConnectSender$TemporaryFailureException: Error during file sending Caused by: java.net.ConnectException: Operation timed out (Connection timed out) Please Advise.Many ThanksLK

1682
L
Sidekick (Partner)
O
Do Gooder (Customer)
ospringiDo Gooder (Customer)
asked in Finance (Financials)
IFS 7.5 Mixed payments Payment transaction types

Good morning.Does anyone know which screen I configure Payment transaction types for Mixed payments? We use IFS 7.5 

1453
T
Superhero (Employee)
L
Do Gooder (Partner)
Lena Fischer FlexicodeDo Gooder (Partner)
asked in Finance (Financials)
ORA-20115: Invoice.The "Invoice" has already been removed by another user.

When trying to print an Outgoing Supplier Invoice I get the following error message:ORA-20115: Invoice.The "Invoice" has already been removed by another user.Does anyone knows how to solve this one, it is in Apps10.  Thanks for your help. 

680
L
Do Gooder (Partner)
G
Do Gooder (Customer)
GDISNODo Gooder (Customer)
asked in Finance (Financials)
Accounting Journal Report (Libro Giornale) for Italy

Hi,Does any one know how to generate Accounting Journal Report that align with Italy regulation ?Thanks

400
G
Do Gooder (Customer)
S
Do Gooder (Partner)
SurbhiDo Gooder (Partner)
asked in Finance (Financials)
Tax Transactions are getting deleted from Tax Transactions

Hello,The issue is related to deletion of some of the tax records from Tax Transactions screen, after analysis it was found that we have an option on the screen ‘Tax Ledger Parameters’ named as ‘Delete Tax Transactions with Status False’.Can someone please help in understanding the business logic and purpose of this option, and why it only works when Tax method is selected as ‘Payment’ in supplier invoice. ThanksSurbhi

701
Chanu_Yazi
Hero (Partner)
N
Do Gooder (Customer)
NDMDo Gooder (Customer)
asked in Finance (Financials)
Periodical capitalization and revenue recognition project

Hi,  I want to run the periodical capitalization and revenue recognition transaction, but for 3 projects I’m not able to post/close the voucher.I’m able to run the capitalization, execute the revenue recognition and acknowledge. But not able to create the voucher.These projects are 3 old projects where the ‘valid until’ is in the past and the financial project status was initially closed but I reopened it since I got errors and tried to just book a zero value.Status in project navigator = closed.I also tried to delete the lines, but that is not possible either.All other lines with active projects are posted/closed. We cannot close the internal ledger because of this issue.What should I do to solve?  Thank you!

822
N
Do Gooder (Customer)
Violeta
Sidekick (Partner)
VioletaSidekick (Partner)
asked in Finance (Financials)
Italian E-Invoice .pdf Attachment setup

Good afternoon, Is there any brief summary of the setup needed to have the <Attachment> tag populated in Italian E-invoice so that the .pdf copy is attached to it? In IFS Cloud, we can easily define this in the E-invoice Processing Type if we toggle ON the option Include Invoice Image, however, in Apps10 there is no such menu and the invoices do not contain anything in the <Attachment></Attachment> section. So, does anybody know which are the mandatory settings required in order to have the .pdf copy attached? Thank you in advance!

1263
Chanu_Yazi
Hero (Partner)
GISANCAR
Sidekick (Customer)
GISANCARSidekick (Customer)
asked in Finance (Financials)
Not possible to import currency rate on External vouchers

In the external file template for voucher file, it is not possible to import Currency Rate. The field is not available. Currency Rate type is available, but not the rate.If we import a voucher with foreign and local amounts, the exchange rate will be retrieve from the system. However, it will not match the transactions. In the example below, both the currency and local amount have been imported.100 EUR and 1100 SEK is imported on each line - Exchange rate 11,5135 was retrieved by the system - it should have been 11,0000 when you look at the transactions.Is something missing which need to be added so the exchange rate can be imported? Can we get IFS to automatically calculate the correct exchange rate, in case both amounts are supplied?Using cloud 23.1.6

602
GISANCAR
Sidekick (Customer)
B
Do Gooder (Customer)
BUSSI_CDo Gooder (Customer)
asked in Finance (Financials)
external supplier invoice statud

Hi,we use external supplier invoice function (STDSIN1) to import somes supplier invoices. By default, these invoices are import like “Preliminary”. is it possible to import like “Posted Auth” ?Why I ask this, it is because we have several hundred invoice to import and to change to “Posted Auth”.Best Regards, Christophe

672
T
Superhero (Employee)
A
Do Gooder (Partner)
AgiMathiSDo Gooder (Partner)
asked in Finance (Financials)
Enterprise Revenue Management according to IFRS 15

Hi together,how can I account for the 5 step model required under IFRS 15 Revenue recognition in IFS 10?A possible clients asked about it whether IFS 10 has equivalent possibilities to acccount for IFRS 15 like external Enterprise Revenue Management softwares, e.g. Softrax or Workday.Does anybody know how the flow works in IFS 10 (maybe via a combination of Contract Management, Project Management and Financials?) or whether the client will better need an external software after his upgrade to IFS? Thank you!Mathias

3687
C
Sidekick (Employee)
Sadeepa Gamlath
Do Gooder (Partner)
Sadeepa GamlathDo Gooder (Partner)
asked in Finance (Financials)
Manual Supplier invoice matching - Additional Authroization step required

Hi,  User created PO for QTY 28,764.08 EA and unit price is $1.00. User created two receipts one for QTY 3,500 ea and 25,264.08 ea. For 3,500 ea recevied an invoice and match without any additional steps. Recevied balance QTY 25,264.08 ea and recevied second supplier invoice for only 5000 ea and matched. System is asking for additonal authorization.  

751
MLCEGLE
Do Gooder (Customer)
Dharshankumaar Mahendran
Superhero (Partner)
Dharshankumaar MahendranSuperhero (Partner)
asked in Finance (Financials)
Planning Unit

Hi All, What is the functionality of "Enable Accum Amounts" toggle in business planning unit ? 1.same time, is there a mechanism to merge multiple transaction lines created due to transaction rule to a single line ?  2.Further, how to enable business plan for scenarios. what are the conditions to be fulfilled in business plan to enter scenarios in planning transaction.  

330
Dharshankumaar Mahendran
Superhero (Partner)
T
Sidekick (Partner)
ThejSidekick (Partner)
asked in Finance (Financials)
Project Procurement

Hi All, Please assist on the below 2 questions.Could you kindly specify me the ways that we can use Project procurement? How can we invoice Payment Schedule connected POs for the respective payments?Thanks in advanceTheja

220
T
Sidekick (Partner)
N
Do Gooder (Customer)
nate.wDo Gooder (Customer)
asked in Finance (Financials)
Testing Vertex

Hello,We are in the middle of our implementation of IFS Cloud. We are currently on 24R1.How have other companies handled Vertex in their testing environments?  Our testing environment has the same Company ID as production (since we clone prod into testing), How can we make sure our invoices in the testing environment don't flow through to Vertex to the main Company ID with all our real invoices?Thanks,Nate

894
Marcel.Ausan
Ultimate Hero (Partner)
D
Do Gooder (Customer)
diyanaDo Gooder (Customer)
asked in Finance (Financials)
auto matching of supoa with supplier invoice

Hi. I'm currently using IFS8. We have direct debit with multiple suppliers and all transactions are posted as SUPOA for payment. Invoices posted as SI. Is there anyways to set for auto matching for SUPOA and SI accordingly ? Means amount same and invoice no same then auto matching can be executed. Volume is about 1k monthly.Thank you.

912
D
Do Gooder (Customer)
C
Do Gooder (Customer)
CBICRUSUDo Gooder (Customer)
asked in Finance (Financials)
Use of Posting proposal - Upgrade from IFS 10 to Cloud

Hello, We are in IFS 10 now, but we are thinking about upgrading to Cloud. If we are using Posting Proposals in IFS10, can we go back to not using it when we upgrade to Cloud?Thanks,Cora

852
Thakshila Chandrasiri
Do Gooder (Partner)
S
Sidekick (Customer)
SMcLeesSidekick (Customer)
asked in Finance (Financials)
Supplier Statement Reconciliation

Does IFS offer any smarter process for reconciliation of Supplier Statements? Currently we will export individual supplier ledger into excel and match with the statement provided, manually checking for discrepancies or balance. Curious if anyone had a quicker/smarter process for these that can reduce the time spent on these?  

1843
Thakshila Chandrasiri
Do Gooder (Partner)
I
Do Gooder (Partner)
ikarachchiDo Gooder (Partner)
asked in Finance (Financials)
Generating GL balances from multiple currencies

Hi Everyone, One of our customers is looking for a way to generate GL balances in a currency other than the Accounting and Parallel currencies. Does IFS offer any core functionality to support this requirement? Thank you!

1358
I
Do Gooder (Partner)

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