Finance (Financials)

This will include the questions related to Financials.

  • 4,291 Topics
  • 11,811 Replies

4291 Topics

T
Sidekick (Customer)
TTRACYSidekick (Customer)
asked in Finance (Financials)

PO matching tolerance and invoice authorization

I have received different takes on how this works and hoping someone can shed light.  The documentation for this is very high overview with little detail.Here is how I want the process to work:Supplier set at 10%/$20 tolerance allowed. Company set at No to Automatic Matching at Arrival. Company set at Automatic Authorization. Company set at Match All for both parameters. PO created for 1 part at $50 including tax. Receipt completed. Invoice entered for $51 including tax. Automatically authorize once balanced since within tolerance.The issue I am running into is it is not taking the tolerance into account.  Even only being off $1, it is still requiring manual authorization.  It seems there are several different settings across several different screens that can manipulate this in different ways...just can’t find the right combination.Any help or documentation appreciated!!!

8
T
Sidekick (Customer)
1 year ago
Máté Kubicsek
Sidekick (Customer)
Máté KubicsekSidekick (Customer)
asked in Finance (Financials)

Instant invoice layout issue

Hi IFS community, One of our customer complained about the format of our customer invoice (we create the customer invoices via Instant invoice). We want to change the layout of the invoice so that our customer can register it in their accounting software.  As you can see the bank account is not fully visible and it went into the other text, that´s one problem. I marked it in yellow. The other problem is that one line is missing. We need to add a line for IC DPH: SK2021793279 under DIC. How do we modify the layout of the invoice?  Thank you in advance.  

3
T
Superhero (Employee)
1 year ago
Máté Kubicsek
Sidekick (Customer)
Máté KubicsekSidekick (Customer)
asked in Finance (Financials)

PO part order lines - Cost center & Stat group

Hi IFS community, When we create a PO for a part order line the pre posting window doesn´t show up when we are finished and this way we are unable to add the cost center and the stat group.  Please, is there a way to fix this? A way where we could add the cost center and stat group. We tried adding them in part order line but it didn´t allow us. Thank you in advance.

5
Máté Kubicsek
Sidekick (Customer)
1 year ago
N
Do Gooder (Partner)
NishaDo Gooder (Partner)
asked in Finance (Financials)

Error approving mixed payment

Hi All,When approving a mixed payment, the below error message pops up. What can be the reason for this?  Thank you.

2
N
Do Gooder (Partner)
1 year ago
C
Sidekick (Customer)
craryitSidekick (Customer)
asked in Finance (Financials)

ACH Setup

Hello, I have been asked to set up automatics ACH payments in IFS. Is there any resources out there on how to do this? I am not finding anything. Please keep in mind that Finance is not my area of expertise when answering. Thanks.

6
T
Superhero (Employee)
7 months ago
A
Sidekick (Partner)
ATarBPTSidekick (Partner)
asked in Finance (Financials)

Gap between PO and Invoice

Hello, On our project, we are experimenting an issue regarding PO/Invoice Matching on the inventory parts.The inventory parts are set up :Inventory Valuation Method : Weighted Average Supplier Invoice Consideration : Transaction Based When considering a gap between the PO and the invoice, i would like to apply a tolerance (defined in the company) and authorize automatically. Of course, i don't want to generate an approval workflow for each invoice. Also, i don't want the accountant to manually change each line. On the posting proposal, the automatic tolerance posting blocked is ticked (below the information) meaning that we can't apply the tolerance applied on the company. "Automatic Tolerance Posting BlockedThis check box automatically appears selected if automatic tolerance posting is blocked for the posting proposal. Automatic tolerance posting is blocked when the value entered in the Supplier Invoice Consideration field in the Inventory Part window is Transaction Based or Periodic

0
A
Sidekick (Partner)
1 year ago
L
Do Gooder (Customer)
LAURABARNESDo Gooder (Customer)
asked in Finance (Financials)

Consolidation - Income Statement Period Rates

We are currently implementing the consolidation module in IFS. It has all gone smoothly until selecting Income Statement Period Rates against the balance version (in Balance Versions). These are the issues so far detected, that weren’t an issue before selecting Income Statement Period Rates:Goodwill amortisation is only posting one period of amortisation for posting types for GCP19 and GCP2, rather than the full year to date value. A consolidated balance of a sub node is not being picked up for translation in the parent node. Intercompany eliminations calculating off balances relating to earlier period. Adjustment journal entry rows of earlier period being consolidated in the current period of consolidation (income statement rows only). Currency differences on the translation of the Income Statement are not being posted.It feels like something inherently is wrong for so many issues to be occurring when we turn Income Statement Period Rates on. Does anyone have experience of this that t

0
L
Do Gooder (Customer)
1 year ago
M
Do Gooder (Customer)
matthew_sutherland2891Do Gooder (Customer)
asked in Finance (Financials)

Business Designer

How do i put in multiple search criteria in business designer?I have the document “IFS Business Reporter – Designer’s Guide” but it is not at all well written? Is there any other documentation available which is clear?

2
ChanakaEA
Do Gooder (Partner)
1 year ago
R
Do Gooder (Employee)
runiseDo Gooder (Employee)
asked in Finance (Financials)

Advance Invoice vs Prepayment Based Invoice

Hi, At the Company setup, there are two options that I can select, Advance Invoice or Prepayment Based Invoice, does that mean that if I select Prepayment Based Invoice then I cannot create advance invoice? Customer would like to use both solutions. Thank you. Best regardsRutuja

4
Ralph Gericke
Hero (Employee)
10 months ago
K
Do Gooder
Kasun PradeepDo Gooder
asked in Finance (Financials)

Change Net value of asset

Hi friends  How to rectify below error ?

1
T
Superhero (Employee)
1 year ago
S
Do Gooder (Customer)
spomushDo Gooder (Customer)
asked in Finance (Financials)

Invoice Posting in IFS Cloud

In Apps 9.7 we were able to post an invoice and then select an action – either do nothing, print to a print, create a PFD or send out to the email address in the functional object.  This was based on the ability in 9.7 to separately post and then make a printing decision.  When selecting the Print option the posting still happened but the printing did not happen if a user selected Preview on the popup.  The actual print/email happened when you selected OK.    In Cloud we’re being told that the posting function automatically sends the invoice to all the email addresses in the Functional Object, not giving us the option to first just post the invoice and then decide what further action to take - either do nothing, print to a print, create a PFD or send out to the email address in the functional object.  Given that this is different from Apps 9.7, we want to confirm that the ability to just post and not send the invoice via email doesn’t exist in Cloud.  Or if it does, what is that functi

0
S
Do Gooder (Customer)
1 year ago
B
Do Gooder (Customer)
boomonidamoDo Gooder (Customer)
asked in Finance (Financials)

MCPR supplier invoice created with no posting information

I am trying to send project costs from one company to another using the MCPR functionality.  I have created the project costs and the project invoice.  I have successfully sent and released the project invoice using the MHS media code.  However, the supplier invoice is created without the posting information.The projects have been linked and the posting controls have been set up.  The MCPR revenue reporting method has been set to “Project Invoice” on both the employee and customer projects.  The MHS media code has been added on the supplier record for the appropriate company.Does anyone have any idea why the posting information would not be populated on the supplier invoice? I am obviously missing something in the setup but cannot figure out what.Thanks,Monique

0
B
Do Gooder (Customer)
1 year ago
L
Do Gooder (Employee)
LenHerDo Gooder (Employee)
asked in Finance (Financials)

Codestring completion versus Preposting

Above you se the order for IFS Rules to be used for financial events i IFS. When I have a code string completion and I have allowed codestring completion to override posting control, and I also have a preposting. What is the “winner” then?I have a problem to get the preposting to kick in when I have a codestring completion and I have allowed codestring completion to override posting control.Thought that preposting always override...I do not really understand the logic in IFS information above with preposting both as number 2 and number 4…Do you?Many thanks for helping me outLena Hermodsson

3
J
Sidekick (Employee)
1 year ago
C
Do Gooder (Partner)
CLaudDo Gooder (Partner)
asked in Finance (Financials)

Can i delete a Instant Invoice in status printed

Hi,i’ve got a instant invoice in status printed who runs on an error. Because the used tax code isn’t included in the posting control IP4. I used the wrong tax code. And i don’t want to add the tax code to IP4, because it’s wrong.How i can correct this?Do i have to add the tax code in IP4, to post the invoice and cancel it afterwards? And remove the tax code in IP4 again.Or is there a posibiliy to delete this invoice? Thanks

1
G
Superhero (Partner)
1 year ago
M
Hero (Partner)
MitDenukN
asked in Finance (Financials)

Only IFSAPP user can schedule 'Update GL Vouchers'

Dear All,We are trying to schedule a GL voucher update, but we are getting the error message 'Must have the right to execute method [GEN_LED_VOUCHER_UPDATE_API.START_UPDATE__] to be able to create a new batch schedule. Only IFSAPP can schedule these for this client.We have already given full access to this projection.IFS Aurena client version: 22.2.2.20221102174602.0We really appreciate it if we can have your opinion to sort out this, please. Thank you in Advance.

4
12Guide_PaulB
Hero (Partner)
1 year ago
R
Do Gooder
radoDo Gooder
asked in Finance (Financials)

How to add ASSOCATION_NO field to Supplier Search Box Manual Supplier Invoice

Hi all,Is there any way to add ASSOCATION_NO field to Supplier Search Box referred to Manual Supplier Invoice?  

2
R
Do Gooder
1 year ago
M
Sidekick (Customer)
MatthewSidekick (Customer)
asked in Finance (Financials)

External Supplier Invoice - J voucher

Hi,We have an issue where J vouchers are created at the same time as the External Supplier Invoice is loaded with Invoice Type SUPPEXT.As a result we can not change the invoice Due_Date once the invoice arrival period has passed.This is not the case on those entered manually using SUPPINV. Any suggestions on the settings for External Supplier Invoice Parameter's to stop this.

6
G
Superhero (Partner)
1 year ago
J
Sidekick (Employee)
Jan TSidekick (Employee)
posted in Finance (Financials)

Copy/paste posting rows into Posting proposals in Cloud

When working with supplier invoices it would sometimes be handy to be able to transfer posting rows from Excel directly into the posting lines in Posting proposal.We could call Rest Apis that add lines into the posting Proposal. Could that be possible to do from Excel? Would be a nice feature if you had the excel table and entered Supplier id + invoice no as parameters and then it would transfer row data from Excel: Account, Cost center,  Amount directly into  Posting proposal.  Has someone created such? 

5
J
Sidekick (Employee)
9 months ago
S
Do Gooder (Employee)
SheshanDo Gooder (Employee)
asked in Finance (Financials)

GET - Brazil Localization Issue - ICMS DIFFERENCE AMOUNT in Bill of Lading changes to 0,000 (Zero) after Confirmation

This issue in found in IFS Apps9 customer, where the Brazilian Bill of Lading can be created with a value for ICMS DIFFERENCE AMOUNT   (eg.180,00);  and once the BOL is confirmed the ICMS DIFFERENCE AMOUNT is changed to 0,00 (zero). Does anyone know about any patch or solution already released for correcting this issue in BILL OF LADING?

0
S
Do Gooder (Employee)
1 year ago
KUSHANI
Do Gooder (Employee)
KUSHANIDo Gooder (Employee)
asked in Finance (Financials)

Why there is server error in Contract change order - Financial overview?

 Issue/Question : Clicking around the "Contract Change Order" window occasionally cause a server error. Appear when user hit the FINANCIAL - THIS ORDER TAB. Can recreate again when empty the buffer. Version No : IFS Cloud Product/Capability : IFS Cloud 21.1Residency : Cloud Solution : When the server is unable to serialize the data that is sent to the client, this error occurs.One frequent reason is that an attribute's length exceeds the defined maximum length allowed by the projection.Version 22R2 SU6 addresses this problem. Root Cause : The maximum length of the Project Cost Element is specified here as text (20). Even so, there is a project cost element, designated 94-USIKKERHETSAVSETNING in UAT, with a length of 23. This error is caused by it. @Overrideentitiy ChangeObjectImpactFin {       ludependencies = ChangeObject;       use attributes = ElementType, ExpectedCost,         RequestedCost,AgreedCost,ExpectedRevenue;       attribute ProjectCostElement Text {       maxlength = 20; 

0
KUSHANI
Do Gooder (Employee)
1 year ago
Máté Kubicsek
Sidekick (Customer)
Máté KubicsekSidekick (Customer)
asked in Finance (Financials)

How to reduce PO quantity when received

Hi IFS community, We have a few PO´s which are open. One of our departments has asked us to close them because the supplier  isn´t going to deliver them us.How do we change the PO status to closed? Currently the PO´s status is received andit has part order lines. We don´t want to receive them via register purchase order arrival tab as it will cause problems in inventory transactions history when preparing the stock count. Please could you help us out on this?

2
T
Superhero (Employee)
1 year ago
Máté Kubicsek
Sidekick (Customer)
Máté KubicsekSidekick (Customer)
asked in Finance (Financials)

Intercompany invoices

Hi IFS community, We have supplier invoices and intercompany ones. When registering a standard supplier invoice in manual supplier invoice tab we select BBS_AP. We register intercompany invocies under the CORP_IC user group. However we got an error when we tried to register an invoice for one of the suppliers. (the invoice number was a dummy one so I could explain the error message.)  We also noticed that other intercompany supplier have different stat groups each, for the supplier above we created a new supplier group in supplier group tab, we succeeded, and we changed it to thenew one and saved it.  After that we tried to register the intercompany invoice under the new supplier group in manual supplier invoice tab using CORP_IC user group, we received another type of error message.Please could you help us out on this issue? Thank you in advance.

5
T
Superhero (Employee)
1 year ago
K
Do Gooder
KarolinaDo Gooder
asked in Finance (Financials)

Correction of applied date when inventory transaction is transferred

Hello!I’m wondering if there is any way to change applied date (31.01.2021) of inventory transaction which has already been transferred and posted as MPL voucher. I need to place the loss/profit in a different accounting period (01.2023) than it is now accordingly to applied date. Any tips are welcome.Thanks 

5
G
Superhero (Partner)
1 year ago
Z
Do Gooder (Partner)
zhadraoui55Do Gooder (Partner)
asked in Finance (Financials)

when generating code for Fragments

Hi all,when I try to generate the code of this costum fragment (Posting proposal) it hangs here more than an hour and without response, I restarted the machine, I closed all the other applications, without resultanyone have an idea please  

4
Z
Do Gooder (Partner)
1 year ago
K
Sidekick (Customer)
kacperifsSidekick (Customer)
asked in Finance (Financials)

PostingProposal errors

Hello, everyone!Recently there is a problem in my IFS Cloud application, on the Posting Proposal screen. When the user describes an invoice on the posting line and wants to save the changes, the application returns an "N/A" error. Refreshing the page solves the problem. What could this be related to? It’s very common and annoying issue.Projection: PostingProposal/FormApp: IFS Cloud

6
K
Sidekick (Customer)
1 year ago

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