Finance (Financials)

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.

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?  

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?

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: O

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

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. 

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

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

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!

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

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

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

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.  

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.  

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

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

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.

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

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?  

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!

Hello! I am trying to process an External customer payment in IFS Cloud, where the Invoice ID/Invoice Reference is not provided in the External Payment File. No matter which setup I use in the External Payment parameters, the system is not able to identify the Customer ID and create a Customer Payment on Account. It always creates a Parked Payment. Below is the Identifier setup for the used ‘External Customer Payment Parameters” The below is the External Payment file template I used, created from the MT940 system template. And finally, below is the sample file I created using the above external file template:

Hi Everyone, Wondering if you can shed some light on next steps that should be taken to rectify this issue one of our users is experiencing. Here is the breakdown: -Posted supplier invoice in July using the “prelim post” this created a voucher for $26738.59. -In Aug when the invoice came in, he noticed the amount was different than what he posted, so he altered the gross amount to $26,672.11 then final posted the invoice, which then created another voucher and a discrepancy of $66.48 in the ledger. -He then cancelled that whole invoice and tried to do the manual supplier invoice over again (maybe used cancel and create?) using gross amount $26738.59 in hopes to change it to the correct amount, but cannot.  *When there is a prelim posted invoice, you cannot change the gross amount.I am not as strong on the accounting side, could someone assist on what

Hi Community, can someone help me which settings have to be made that the system uses a name to try match with customer, please? Unfortunately, I have only the customers name who made a payment to us but no invoice number or similar. from the statement I know who sent the money and I would like to do a match by customer name. Is this possible and if yes, what setting is needed?  Thanks, Philipp   

Laser check is developed using IFS report designer and it aligns with the pre-printed check in Dev environment. But when the same rdl and xsd is moved to prod, the alignment is completely off.The “Payment Document → Supplier Check” settings are identical, printers are identical. So not sure what causes the mis alignment.Any suggestions?Thanks in advance  

Hi All,I have a clarification with regards to the Supplier Check Templates and would like to know the logic behind printing of 10 invoices per remittance if the Check Template ID is defined as LASER and 14 invoices when it is defined as NORMAL.  Also observed that, when a cheque is printed with the Template ID Laser, it generates 2 result keys if more than 10 invoices are  matched with a check.Example: Matching of 16 invoices to a check. Appreciate your support.Best RegardsRazan