- - Knowledge base
Product Updates
Events
Groups
Feedback

Community
IFS Solutions
Finance (Financials)

Finance (Financials)

This will include the questions related to Financials.

4,274 Topics
11,762 Replies

When you subscribe we will email you when there is a new topic in this category

4274 Topics

Recently active

Most replies Most views Newest first

eslconklinDo Gooder (Customer)

asked in Finance (Financials)

SUPIA Balance Says fully matched but is not.

We have an SUPIA balance for a supplier in which half was matched on a supplier invoice. The remaining credit is reflected on the Suppliers account. When we go to apply the remaining amount, we receive a message saying the invoice is fully matched. Steps taken:Created an advanced invoice connected to a payment schedule.Advanced invoice was paid.Applied 50% of the advanced invoice to the first payment.tried to apply the remaining 50% to the second invoice and receive the message.We have checked the Supplier analysis and it shows an available credit for the supplier. This is tied to a payment schedule and the payment schedule shows a fully matched. Not sure where else to look. we are on apps 9Any assistance would be appreciated.

GenDesSidekick (Customer)

asked in Finance (Financials)

IFS 10 - Credits on POs from WOs

Hello,We created a PO from a WO to order services from the Supplier. We received the invoice and received the line and invoiced our client from the WO. Supplier has now sent us a credit. However, we cannot credit a negative amount in a PO. Any suggestions?Thanks!

BJSDo Gooder

asked in Finance (Financials)

Supplier Invoice M93 Posting C31 override

Hello,we are new in iFS world so we would like to ask for help here. For Supplier Invoices we plan to use posting control M93 and control type C31 for automatic account number assignment. Everything is set-up and working properly but there not possibile to override assigned account if neccesary during Manual Invoice processing. "Override” selection doesn’t seems to allow that. Any sugestions how to achieve this except reopening and edditing of line of the PO? Thank you

InfKristNSidekick (Partner)

asked in Finance (Financials)

Domestic payments Denmark config/setup

We have found nothing in F1 Doc on how IFS customers should configure their current local DK business in regards to ISO2022 format that seems to be the current domestic payments / format according to an old Nordea pdf on the interwebs. Are the DK supplier payment address configured as an IBAN address ? Or is trial and error the recommended “moment of service” ?In addition we find no info on how IFS in regards to FI Kort payments vs domestic ISO20022 configuration for local IFS customers. The following link received no response from the by IFS promoted community:

GT69Do Gooder (Customer)

asked in Finance (Financials)

Copy customer information to create new supplier

HiWe need to create a number of suppliers that are existing customers. Is there a way do this using some sort of copy function or do we need to create the suppliers from scratch. We are using IFS Aurena CheersGT

cjohnsonSuperhero (Customer)

asked in Finance (Financials)

Part Cost on Inactive Part

Hello all, I have a question related to Part Cost on an inactive part. I have a production part that was marked inactive two years ago. When this part is pulled into the Estimating module in IFS, the part cost calculated is different than that of the Part Cost screen in IFS for the PN. Given that it was marked inactive two years ago, would this be the reason that there is a difference in the costs? I have no found any documentation on how IFS behaves when part cost calculation is run against an inactive part. The estimate itself appears to be accurate, and Part Cost calculation has been run against the inactive part. Our labor class costs have changed since the part was marked inactive, and I am curious if there is some legacy cost values that would cause the difference?Any guidance would be greatly appreciated!

gcraig22Do Gooder (Customer)

asked in Finance (Financials)

AR Adjustments

I need instructions on how to do AR adjustments without going through mixed payments. I have invoices that were short paid or just bad invoices that need to be adjusted off, but not necessarily bad debt. Billing errors, etc.

gcraig22Do Gooder (Customer)

asked in Finance (Financials)

Reversing External Voucher

I have accruals that I want to upload instead of manually enter. Can external vouchers auto-reverse?

andrei.borromeoDo Gooder (Customer)

asked in Finance (Financials)

Small balance remaining after consolidation

When we consolidate, a small balance remains on the parent’s account even if the subsidiary account balance is zero. This seems to be caused by the exchange rate and possibly the decimal places used. For example: Account 1456 in company CCIBU (base currency CAD) had a balance of CAD 2,001 at the end of Period 2. When this was consolidated to parent company CCICN (base currency USD) at the exchange rate of 1.239130, the balance in CCI is USD 1,564.01. In Period 3, this balance in CCIBU was cleared by a CAD (2,001) transaction, so at the end of Period 3 its balance is CAD 0.00 . But when consolidated to CCICN at the exchange rate of 1.26465, IFS books USD (1,564.02) against the balance and USD 18.24 to a currency translation account. So in Period 3, there is a remaining balance of USD 1,564.01 - USD 1,564.02 = (0.01) . The balance should be zero instead. So it seems like in the course of converting amounts when consolidating, IFS is missing small amounts when it clears balances. In the

Eric FOULARTSidekick (Employee)

posted in Finance (Financials)

[ SUPPLIER INVOICE WORKFLOW & PROJECT ] - Need to use the Project Manager

Hello @ allThis post proposes 2 ideas on supplier invoice workflow in Finance.IDEA 1 - Ability to define in the Authorize assigning rule that the project manager be included in the supplier invoice workflow without having to add them to an approver group (to difficult to handle).The principle is quite similar to the option: Invoice recipient as Acknoledger/Authorizer.IDEA 2 - It is possible to select, in the accounting code part, the project's dimension, and adding a project list, for an authorizer assigning rule.Like idea 1, the principle would be to include the project manager of the selected project(s) in the project's dimension, in the invoice workflow process.Thanks

asked in Finance (Financials)

Employee Payments Using ISO20022

Hi,We are using App9 and looking for a solution to handle Employee Payments Using ISO20022.As of now we do not use HCM module and the Employee Expense system is separated from IFS.We have requirement to make the employee payments through IFS and using ISO20022. We will be moving IFS Cloud in few years time.What is the best approach handle this in App9? We have some thoughts around this and have identified few options. But, not sure which is best and simple.Register Employees as Suppliers and integrate with Employee Expense system to create a external supplier invoice. Create Employees as External Payment Recipients and generate a Non-Supplier Payment with a integration. Is there a External File Template for loading a Non-Supplier Payment ? Use the HR module and register Employees in IFS. Use Employee Payments. We do not want a heavy setup HR module that make it complicated.ThanksGayan

DarshiGDo Gooder (Partner)

asked in Finance (Financials)

Us Customer check file

Dear All,Appreciate it if anyone could explain the ‘Customer check’ external file upload template. i.e. which records are needed to upload as per the template?

Yoshini SilvaHero (Employee)

asked in Finance (Financials)

Financial requirements for Mexican localization to the IFS Cloud product

Hi,Could you please share a standard documentation which outlines the requirements for Mexican localization of the IFS Cloud version for Finance product? Thanks in advance!Best Regards,Yoshini

12Guide_PaulBHero (Partner)

asked in Finance (Financials)

CAMT.053 info from tag 'AddtlNtryInf' missing in external payments

Is there a way to get information from tag <AddtlNtryInf> in the external payment transactions? This tag often contains additional information that can be useful to the users.The external payment transactions contain attributes Bank Transaction Info 1, Bank Transaction Info 2 and Bank Transaction Info 3 but these are (in my test cases) left empy.

RBaranowskiDo Gooder (Customer)

asked in Finance (Financials)

Match PO receipts and returns without Invoice

What is the best way to match a PO receipt with a return when there is not invoice. Currently we are entering a penny invoice, match the receipts and returns, code the penny to PPV and then have to do a Supplier offset to write off the invoice. There must be an easier way.

Pawel Dworzynski

asked in Finance (Financials)

Configuration to Send Self-Billing Invoice

Hi,Does someone know what should be configured to Send Self-Billing Invoice that this function be enabled?

MelTanyaSSidekick (Partner)

asked in Finance (Financials)

Update inventory transaction after change of price on PO

Hello, Whenever my customer receives a supplier invoice, before registering, she checks that the unit price on the purchase order is the same as invoice; if not the case, then they reopen the article line on PO to change price and close it again so that the right price gets mapped on the invoice. She prefers to proceed in this way rather than registering price difference on invoice. But when the arrival of PO was registered, it has been done with the initial price of PO (and not the updated one), so the inventory transaction showing a debit of M1 and credit of M10 are created with initial price and then transferred to accounting/ finance with a daily task; their status is “transferred”, code 3.How can i proceed with an update of these transactions on ARRIVAL event (M1 and M10) after having changed the price on PO line, so that finance gets updated too? Thank youTanya

BAFAUKDo Gooder

asked in Finance (Financials)

Revenue Recognition - adding late projects

Hi When you have created a new Record in the form ‘Periodical capitalization and Revenue Recognition Project’, all relevant projects will be fetched at that time and it’s not possible to add new records afterwards as far as I can see? This is a problem because if a new project comes in late then you need to roll everything back, remove the record, re-create it and re-do all the capitalisation and revenue recognition all over again. Is there any way to add newly approved project once you’ve started?

hketDo Gooder (Customer)

asked in Finance (Financials)

Error while printing final invoice for customer order with paid advance invoice

Hello, I have made an advance invoice for customer order and the advance is paid. When I try to make the final invoice for the order, I get this error message.We are running IFS APP 10 UPD 8. I read from another case “Error message during printing an instant invoice”, which also had something to do with advance invoice, that there might be a bug in UPD8 (151458). Is this a totally different case? Any solution?

AlanSSidekick

asked in Finance (Financials)

BACS to CHAPS Apps 10

In June 2021 our UK plant switched from the BACS system to CHAPS.Prior to the switch the UK would upload details of their supplier payment runs to the bank via a file upload.Since the switch they have not been able to do so - no file being created to upload to the bankWe were advised that there was no difference between the two systems and that the setup currently in place for Payment Format BACS and Payment Method BACS OUT should remain in place for suppliers being paid through BACS and that processing would continue as normal. This is not the case as this has become a manual effort in terms of sending the payment information to the bank.If anyone in the community has come across a similar situation when using these two systems any information that you can provide in terms of adding/changing Payment Formats and Payment Methods would be much appreciated. Thanks AS .

SwatiSidekick

asked in Finance (Financials)

Posting control M180

Dear CommunityHappy New to you all.I have quick question on posting control M180 - can someone please whats the difference between M180 to posting control M120/121as the posting from M180 are currently getting posted to 41004 -Standard Cost Variance, just need to understand why, should this get posted to material usage variance 41001 ? Look forward in hearing from you. Thanking you in advanceKind regardsSwati

SwatiSidekick

asked in Finance (Financials)

Customer rebate -

Dear CommunityWe have customer rebates that they accrued as when customer is invoiced.My question is: when we receive customer claim ie (invoice from customer) this is posted against the rebate agreement. but if would like further analysis ie when invoice is posted against rebate agreement how can make sure the invoice relates previous month or qtr, previous year - as some customer invoice monthly, quarterly or annually for their claim. so we can do view what this the balance accured balance for previous year and be able to run report. Any suggestion how this can be done? would be greatly appreciated. Many Thanks Swati

BRSASidekick (Partner)

asked in Finance (Financials)

Cost Center as logical Code Part in Define Code String

HiThere is an option in the Define Code string view to select Cost Center as logical Code Part.Can somebody explain the advantage and posibilities of using this functionality ?

ECVPTOFTNERDo Gooder (Customer)

asked in Finance (Financials)

SAF-T Norway - using GroupingCategory RF-1167 and corresponding GroupingCodes

I find this question to have been posted earlier, but without a definite reply or a reference to a solution. It is in reference to the SAF-T file and the use of GroupingCategory in conjunction with GroupingCodes instead of StandardAccountID as the mapping option. Background:We are based in Norway and need to comply with the Norwegian SAF-T regulation. These regulations allows us to choose how we want to map our GL-accounts. However, the SAF-T file has to correspond to how we report taxes, and since we report taxes using schema RF-1167, we need to map our GL-accounts to these RF-1167 codes. In other words, we cannot map our GL-accounts towards the Standard SAF-T accounts. The Norwegian SAF-T Financial Data - technical description (see norwegian-saf-t-financial-data---technical-description.pdf (skatteetaten.no) pages 12-13 explains how this can be done by using the tags GroupingCategory (value = RF-1167) in conjunction with the corresponding set of codes in the GroupingCode tag. The

DKSSIDo Gooder (Customer)

asked in Finance (Financials)

Handling of customer bankruptcy

Hihow do you handle customer bankruptcy in IFS.When a customer files for bankruptcy I would like the system to:-provision the amount due-block the customer in the dunning system, so they don’t get dunned-exclude the customers from the customer age analysis etcas it can take year before the lawyer are finished with closing the bankruptcy case. Is there a function or a used process in IFS when customer bankruptcy happens.I know that there is a bad debt system but it doesn't seem to solve the issue or have I overlooked something. ThanksSøren

1
...
64
65
66
67
68
69
70
...
171

Page 67 / 171

Badges

TMurphyNShas earned the badge 5th Topic
TMurphyNShas earned the badge 5th Reply
TMurphyNShas earned the badge 1st Reply
gb004has earned the badge 1st Reply
Melrosehas earned the badge 5th Reply

Show all badges

Powered by Gainsight

Terms & Conditions Cookie settings

Sign up

Already have an account? Login

Login as an IFS Employee

or

Username (Do not use your email as a username.) *

Email Address (Use your work email address.) *

Name *

Company *

Account Number

(Private)

Only you and moderators can see this information

Job Title *

Member Type *

IFS Employee IFS Partner IFS Customer Just Visiting

Products Used

(Private)

Only you and moderators can see this information

IFS Cloud IFS Applications FSM PSO Maintenix Fleet Planner Alliance FieldCentrix assyst MWM Other

Country

Password *

I accept the terms & conditions

loginBox.register.email_repeat

Login to the community

No account yet? Create an account

Login as an IFS Employee

or

Username or Email

Password

Remember me

Forgot password?

Enter your username or e-mail address. We'll send you an e-mail with instructions to reset your password.

Username or e-mail

Back to overview

Scanning file for viruses.

Sorry, we're still checking this file's contents to make sure it's safe to download. Please try again in a few minutes.

OK

This file cannot be downloaded

Sorry, our virus scanner detected that this file isn't safe to download.

OK