Finance (Financials)

Hello to the communityI am trying to transfer to cost accounting the project postings but get the error “activity sequence number must have a value”. Do you by any chance know how i could get a default activity sequence number on my posting lines when the code part “project” depends on posting control and not preposting? The PRJT2 and PRJT6 are setup to have project according to employee category, but no sequence number is mapped on posting line, and the error comes from the fact that it does not have a value; i tried to exclude from project follow up the 2 accounts used in PRJT2/6 but then the project no longer comes from the posting control defined but is the same as preposting. If you have an idea on this matter, would be happy to discuss it with youThanks​​​​​​​Tanya

Hi Everybody, I have the need to setup a couple of payment terms that have the Payment Term Base Date = End of Month, so it always start counting the days at the end of month, then after counting the days make is end of month again and then add a fixed number of days. I managed to do it but only if I set manually on the invoice, the Paym Term Base Date as end of month. Is there a way to have this setup automatically? In my example, an invoice issued on 02-April will have the first installment due on 05-Aug and the second due still on 05-Aug as is starts counting the days on 02-Apr and 90 days are on 1st of July, and 120 days are on 31st of July which lead to the same end of month. Thank you! 

Hello. I am hoping someone can advise or give some direction on how to handle this situation in IFS. Parent company received an order. Billing for the order will be done by parent and depends on milestones achieved. Parent sets up the customer order. Most of the work will be done by subsidiary. Part of the revenue will be earned by parent. The rest of the revenue will be earned by the subsidiary. Subsidiary sets up an intercompany order (customer is parent) and project. The amount of revenue to be recognized by parent each month depends on the percentage of completion of the project in the subsidiary. Parent will not recognize cost.  Subsidiary recognizes revenue each month based on percentage of completion. Cost recognized is actual cost. After subsidiary completes project, it ships to the customer. It will then bill the parent. For example,Assume the parent received a

We would like to issue the VAT margin scheme invoice. Is anybody who know what setting should we use in IFS? Should we add new fee code (tax code) or delivery type (if so what parameters should we use)?VAT margin schemes refers to second-hand items when you only paying VAT on the difference between the buying and the selling price.Best regerdsMarcin 

Hello,This question was asked 2 years ago and in response there would be a Solution: 291736 but I can't find this solution I'm on AURENA V10 and I have the same problem I want to make a distribution on periods that are closed and I have to manually change the percentage, we lose a lot of time doing that.Can you please help me?   

Hi All,There is a requirement to auto populate the tax code in the customer order lines based on the Company and the Supply country fields, defined in the Customer Basic data in the Address Tab > Delivery Tax Information.Tax Regime = VATExample:Company ABC is in US, and they sell to UK (Supply Country) customers from their warehouse located in UK.In US they have a different Tax code – VAT-01In UK they have a different Tax code – VAT – 10Requirement:Requirement is to automatically populate the tax code VAT-10 (Based on Supply Country’s Tax code)on customer order line when they used the supply country UK on company ABC’s customer order line. Thanx in Advance

Hi,Group Consolidation is installed. However still ‘Consolidation’ code part function is not shown in IFS Cloud. Any idea? It was there in Apps10 but not in cloud.Please advise. Thank you.

We are running the All Parts Cost Calculations for all active parts in a specific site, but we are having situations where the costs are not updating. I am having to go back to the Parts Cost page and filter on the Calculation Date and then select the ones that haven’t updated and run the calculations manually.  Any thoughts as to why this is happening, or what we can do to have this function properly?

We are on IFS Cloud and have a customer saying they are getting charged the wrong sales tax rate.  We are using Vertex as our tax software interfacing with IFS.  I have reached out to Vertex already and it appears one side of the road is one tax rate; the other side is a different tax rate.  Vertex told me to set the Tax Area ID so that can pass thru the ERP.  I assume this is on the customer record and probably tied to the address we are sending it.  I am not finding a field for this Tax Area ID.  Anybody have an ideas?

Hi Team GreetingsWe have created zero amount instant invoice, status for it is “PostedAuth”.However, we cannot create a offset for it as on all screens relating to a customer payment entry (mixed payment and customer payment) payment with zero amount is not allowed in IFS.  Now, if we want to change the status to “PaidPosted” for this zero amount instant invoice. Is there any work around or a way to make to “PaidPosted”? Thanks & Regards

Hi,Is there any possibility to copy the newly created projects in subsidiary companies to Master company ?. Copy to company is not possible if the code part is connect to a code part function.

Good afternoon After the service contracts are created, what is the best way to keep track of what you need to invoice?Is there a screen where I can see what do I need to invoice next? As a flow, I was thinking that the employee that creates the Service Contract to Generate Invoice Lines for Preview for all Invoice Periods, then the billing clerk can go to Invoice Plan Details screen, select all invoices that don’t have an Invoice number attached, and Create Invoices based on the Invoice From Date. Any other ideas? Thanks,Cora

What is accounting currency and parallel currency for particular company.

Hello to the community,I am trying supplier invoicing workflow and for the first time, I am having two lines of M18 when matching PO receipts (parts received into arrival) on the manual supplier invoice, does anyone know what could be the reason for this and how to avoid having this problem in the future?  I am wondering if there has been something done on the supplier’s window but not sure. Thank you for your help Tanya 

Hi All,Good Day!Anyone worked on external file template CUP_OCRNOR - OCR Domestic Payments in NOK, Norway.I am trying to upload this file and getting some error.It would be good if anybody worked on it and provide sample file for the same to cross check with my file.This requirements for IFS App 10. Appreciate your valuable inputs or suggestion for the same. Getting below error: 

I have made an Excel Template for the Received - Not Yet Invoiced report. It works great but……The data generated by IFS - if it is for non inventory parts - is incomplete!This is for Inventory Parts: While this is for Non Inventory Parts: How can I get the Currency Code in my Excel Template if it is not part of the IFS purchase_receipt_rep??Why is it not in the IFS purchase_receipt_rep for non inventory parts??

I’ve seen both, how to unallocate customer receipt and supplier payment questions here in the community, all answers reference cancelling the matching within the mixed payment to create a parked payment and then using the customer/supplier offset proposal to allocate as you wish. But you can’t cancel the matching if the mixed payment was done in a previous closed period.  And you can’t open an old period up as it’s been reported on and audited. Any ideas please?

Hi All,I have a customer requirement to define a posting control based on work type to map the revenue posting generated in sales invoice. As the work type is not a control type which is defined in the standard list of control types available in posting controls related to sales invoice postings, is it possible to define this control type for the standard list of values via a development? Any ideas on such feasibility?

Hello, Is it possible to explain the use of this screen  below ? Best regards

Hi comunity,When creating Payment , there is an event that send a mail to suppliers wiht a PDF create with cristal report, this process is getting an error in Print manager and the mail is not send until restart this process in Print manager. Message indicated is: ORA-04061: existing state of has been invalidated. Running a IFSAPP10    

Hi everyone,Thank you very much for your help with my question.I did a matching between a crédit invoice and an advance invoice and the requirement is to setup the posting control PP12 (Currency loss).My concern is to know why have this posting in my matching because my transaction is in local currency.So is it normal? Many thanks.

In Apps 9 users are unable to see the data under payment section in Supplier Analysis window.Thank you in Advance!

Hello there,I have a question on the multiple company allocation function in IFS Cloud.For example, we have a scenario that which allocation happens between multiple companies and multiple locations (one of the code parts) at the same time. Allocate from Company 1 Location 1 -100%Allocate toCompany 1 Location 2 +30%Company 1 Location 3 +30%Company 2 Location 4 +40%Is it possible to use MCA in one company?

 We have a user who created a manual voucher, but there were no approvers entered. When trying to add them in, we received this error. Has anyone seen this before?   

Dear,  How can we explain properly the different “logical code part “ in the code string?