Finance (Financials)

Dear community, I am having issue with cash discounts calculation. Here is my scenarioCreate a payment term with tax distribution is set to First Installment only Tax Enter a discount for 2nd installment   Create an invoice with a tax code 0 and tax type TAX. Go to installment plan and discount. No discount is calculated for 2nd installment.    I am using 24R1 for my testing. Is anyone able to create an incident ticket for this? Thanks

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? 

Below is the Planned Cost of a project we have. We are now expecting actual costs to be much lower than budgeted. We would like to somehow reflect this new expectation in the planned cost but not completely remove the original planned cost amounts. Is it possible to add a new cost element with a negative planned cost so that the total planned cost is reduced? Any thoughts/suggestions would be appreciated.  

*Please see attached file* We have a project with the following financial project settings:    In the prior period (period 9) after running revenue recognition, the accumulated recognized revenue was modified to 2,591,784.68  (cell AB9 in attached file). Accumulated margin is thus 33.85% . This was done because we decided to take more revenue in the period since there would be little to no additional costs to be incurred. In the current period (period 10) after running revenue recognition, the accumulated recognized revenue fe

Hi,Can I please know the purpose of using Alternative Estimated Life for depreciation. Thank You,L.K

Hello, Community!We faced with issue, which can’t even detect. In some invoices during posting process strange rounding appears in accounting currency. It looks for me as a bug. So some invoices detected as invoices with errors and error is: When we try to proceed invoice with errors all rows post correct exclude Trade debtors: by some reason  Amount posted correct but Amount in Accounting currency posts only in VAT part - Net amount in accounting currency posts as rounding.  That’s how invoice looks like: 

Hello,I have an issue with modifying file ISO 001.001.003, since my customer bank's PKOBP is using format 001.001.007. Is there an option to modify the format or upload a new format that aligns with iso:20022:tech:xsd:pain.001.001.07? When uploading the current format  ISO 001.001.003 to the customer bank I receive an error notifying about the wrong file structure. Regards 

Hello,  I created and posted a customer invoice. Right after that I created and posted a final customer invoice. When the advance invoice was paid, the status of the final invoice remained “Posted Authorized”. IFS did not match the paid part  advance invoice with the finale one. When I checked the postings I saw that the part related to advance invoice payment offset with the final invoice was not generated. Any thoughts why ?  Best regards

Hi all,Our accounting department came up with difference on the report which is ifs’s standard customer transaction report(pdf).The report that I had a bit chance to review details and noticed that an advance invoiced was matched 2 payment separately.(currencies: invoice usd, payment usd, company eur)The transactions probably proceeded as follows: IFS converted invoice currency into company currency and calculated difference due to rounding. Then posting control pp13 worked and added line for the amount of difference. (fx gains)I think the report shows wrong value and wonder that someone might have experience similar problem. It should have shown as 418,12 instead of 418,14. There might be another difference.ps: For related account gl opening and closing report is not showing any difference.Here is the gl vouc

This question has already been submitted but not answered apparently:If we print an instant invoice there is the option of the User Group and then voucher type.However if we send the invoice (E-INVOICE), we cannot choose it, so it selects default ones.But that is not acceptable as we may need to select normal invoice voucher type or credit invoice voucher type. So how can we select this option prior to sending ? So far the only way is to send the invoice in error and then select the right voucher type from Invoice in Error view.(NB: we are using APP10 Entreprise Explorer upd13)

GR’s for one of PO creates with total quantity of the PO lines and not by invoice lines , Here matching in this case not possible , do we need to correct the GR’s as per the invoice to complete matching  please help?

Today after deployment, Integration handler is not visible  in Activity tab in permission set screen.If any clue please let me know how to solve this.

IS THERE ANYONE IN QATAR USING IFS SOFTWARE IN ACCOUNTS CAN ANYONE SHARE CONTACT NUMBER IS VEY HELPFULL FOR ME

I’m trying to use the STDSIN2 and was wondering if there is a document that describe the mapping between the template and the IFS field.or does anyone know what does TEXT (not HTEXT) from the template file populate in IFS. Regards

MATCHING ADVANE INVOICE TO STANDARD INVOICE

Hello, I am struggling to get IFS to roll back payments where a customer direct debit has bounced. After creating a Direct Debit Proposal and progressing to a Payment Order, we Acknowledge the Payment Order via a Mixed Payment when the money hits out bank account. When trying to rollback a payment in the case of a bounced DD, we find that we cannot rollback or partially rollback a Customer Payment with voucher type N (Mixed Payments). Below you can see the option for a Rollback is available for Voucher Type B:  But for payments resulting from Mixed Payments (N), this option is not available:  Is anyone having the same issue

** On behalf of a customer*** we have to pay tax in advance to the state of an import, p.e., how can we post through Mixed Payment/Non-supplier payment? Subsequently, the importer's invoice arrives with an indication of this tax that was previously paid, how can we post the supplier invoice and connect it to the payment already made? Any idea to how to connect  it?

Good Day, I have a customer in the US that has the following extension installed for credit card payments: Originally done in Apps 9 and now in Apps 10 IEEData Source information group Ifs.Application.Crecar_Ext.dllThere are no “Help” documentation on this. Who can assist me with a User Guide on this? I have a user guide on the Interface but not these screens:   I have to support them on this extension and also assist as the refund is not working properly but I have no idea where to find information on this.

Hi,  Advance invoice  (not pre-payment based invoice) solution needs to be implemented in Polish company. What is the optimal setup to cover Polish requirements. What transaction in Tax Ledger and how?

Good day Community.I have noticed when entering a New Manual Supplier Invoice in IFS Cloud, we get an error if a change is made to the Gross Amount in step 1. For example, if user does a typo, the corrected amount doesn’t carry through to the subsequent steps and IFS goes on to register the supplier invoice with the original incorrect input value. Has anyone else encountered this conflict? It means that the invoice is registered with the incorrect amount and needs to be cancelled and re-entered. Causing additional user input to rectify. I would have expected the Gross Amount value is only committed at point of clicking “Finish” or “Next”I have the following test plan:New Manual Supplier Invoice Complete mandatory fields – Supplier, Invoice No, Gross Amount On clicking out of the Gross Amount field, the Net Amount and Tax Amount auto calculate Change Gross Amount to another value >Next Step 2 still holds

HI ,How to troubleshoot when field description is not appeared in IFS Cloud. I am aware that every field may not have the description but I am trying to get an idea on below Fixed Asset parameters. Many ThanksLakna

Hi How do we write off Customer balances in IFS cloud. In Apps 10 this can be done on customer offset window, however this functionality is missing in cloud.The manual customer offset option (Customer offset proposal) doesn't have this option either. Regards,  Praveen

Hello, How do I start using the bank reconciliation feature for the first time even though we have been using IFS since 2019? There are obviously transactions sitting in there since 2019 but how do I start reconciling from now moving forward without having to reconcile all the past stuff?

Good Afternoon,I am new to the Community and this is my first post.Currently I am using IFS and reviewing Permission Sets - I was wondering if anyone has seen this error message before when navigating IFS 10 - EE - Instant Invoice.It appears that the Finance Team can’t reprint instant invoices that have been input into IFS by other people.Tom

Our users get this error message when using lobbies that are connected to forms/tbws . This appears every day, sometimes several times a day for some users. We tried to look in to this and the answer we got from the end users is that it could have something to do when many work on the same lobby simultaneously OR that the lobby wasn´t updated which means that the information somewhere in the lobby is old. We also got from our users that it appeared at the same time during the day (for example around 10 a clock).