Finance (Financials)

Dear all, Can you please explain the impact of using Pseudo codes and Code string completion through an example. Is it a mandatory basic data set up in financials ?Many Thanks,Lakna 

Community, any idea how to use below highlighted parameters? I am trying to switch it to ‘Used’, but it is never working(when entering supplier invoice, system does not mandate Payment Reference). does it has to be used with other parameters? 

Hi, Is it possible to change how this work in IFS.ScenarioCustomer invoice for order *434 done in May, Cost of the parts on the GL voucher has 750 USD and 702.599 EUR, using May exchange rate of 1.067464. Supplier invoice processed July 4th, cost 750 USD but 699.83 EUR, using July exchange rate of 1.071689 IFS at this point updates the inventory_transaction_cost_tab (ie actual data) from 702.599 to 699.83, using the July rate, and this is what is used by the inventory transaction history.How do we stop this from happening. We would rather the difference just goes to a currency exchange difference code.Instead our cost of sales for each serial are changing at a later point in time. Which is making reconciling our sales extremely difficult. We want the cost to stay as it was once the unit has been delivered and not change. No matter if the invoice comes in with a different exchange rate. We cannot have our finances moving. It must be static.  

 Hello ! 😀We need help for this case. The client needs to list correlative invoices by entry date.They indicate that it is a localization problem not covered by IFS and give these details: It is regulated in RIVA and in the Billing Regulations:Scope of obligation(RIVA art.62)In general, businessmen or professionals and other VAT taxpayers must keep the following books:Record book of invoices issued.Book Record of invoices receivedRecord Book of investment goodsRecord book of certain intra-community operationsRecord book of invoices received(RIVA art.64); OM HFP/417/2017 art.3)In this book, all invoices, accounting receipts and customs documents relating to goods acquired or imported and services received in the exercise of business or professional activity must be recorded individually. Said invoices and documents are numbered consecutively according to the date of receipt thereof, and said numbering may be carried out, for justified reasons, through separate series. These notes can b

We have  issues  in printing and emailing statements in a batch, We are being told that it is a bug and is being fixed, This is a major issue for us.I am interested to find out if anyone else using Cloud is having this issue and other basic functionality within IFS Cloud. If you had this issue, what have you done to resolve this? We are struggling ..I have done many ERP implementations in my career and  this one has been harder.Your experience and feedback for IFS Cloud would be appreciated.Thanks much!

  Hello,  I am trying to set up the inter company process in order to create an instant invoice in one company which will create a supplier invoice in the other company. Once on the “multi company supplier invoice” window, I used the “verify invoice” option and got this error message saying the supplier does not exist even though the supplier does exist for this customer company.  Moreover connectivity message shows the following error message even though the tax liability field was filled on the supplier window : Y01 is the internal customer.Does anyone know what can be the origin of these two error messages plz? ThanksTanya

hi all, It is identified the currency code part is defaulted in some company templates e.g. Germany it is H and for Czech it is F and it is not possible to change at create company stage. Any specific reason for defaulting the code part in template? What is the workaround to change it? (we need to keep one code part across the group even companies belong to different countries.)Thank you.

Hi Team, As, I am working on Customer Consignment Stock model in IFS for first time.Humbly request you to please guide how the invoicing will be handled for the Consignment Stock.Also Suggest if any special set up needs to be done in terms of basic data & posting controls for invoicing. Note: The scenario is Customer will only be invoiced on consumption of goods. Thanks,Rakesh

Dear All, I have an issue with Supplier inovice. I have provided the details of PO and invoice. Appreciate your help  in resolving the issue. A PO line has a quantity of 25 purchase parts. We have received 25 and retrured 24 to supplier due to some reason. The current quantity we have now to match with an invoice is 1. When I match invoice with PO, the posting line is created, but the Manually modified flag is set to yes. Why the application has set the status to yes though there is no changes we have made? Eventually it leads to invoice autjhorization.  

Hi all,I’m trying to understand in which window the below message is seen and what is the reason behind this message. Appreciate any leads.   

How to Include credit invoices in supplier payment proposal for ISO20022

Hello, I have a question about invoices import using STDCIN1.The template works fine when I import a single invoice including when it have multiple linesBut when I try to import multiple invoices i get imports errors. Any thoughts why ? Best regards

Dear Experts,I am trying to upload external voucher template several times(csv file). But, it stopped always with ‘Unpacked’ error. It is much appreciate if anyone can help me to solve the error. I’ll attach the external file which tried to upload with the template for your reference. Thanks in advance,Darshi

Good afternoon,When we look at the customer analysis screen is does not show a copy of the invoice in the attachments tab at the bottom of the screen even though the invoice has been attached in the Customer Invoice window.How do we set this up please so that the pdf invoice shows in the customer analysis screen?** when we look at the supplier analysis screen this does show a copy of the supplier invoice as we have attached it to the manual supplier invoice screen.**

Hi team,I get the below error when I offset customer debit invoice against a credit invoice “At least one Invoice Line must be entered before saving Invoice” Thanks,Ken

Good Morning, We are wanting to be able to create an advanced customer invoice at a line level, do you know how this is possible ?Kind RegardsPaula 

when one customer order not only the spare parts sales but also the installation (service work order performed), how to see the total cost and the real revenue. seems currently the cost only calculate the material cost, not work order cost connected.

Is there a way of setting up approval rules for material requisitions? We have approval rules set up for purchase requisitions/purchase orders. However, there is nothing in IFS preventing material requisitions being raised and parts issued in warehouse management.Thank you

We are getting T1 posting errors and cannot see why. The value C1223 used for the code part PROJECT is either missing, is a budget/planning code part value or has invalid time interval.The work task preposting is populated with Project C1223.  the project has been re-opened and is valid until Jan 31.I have tried duplicating the issue in test but the time transactions are valid so we’re not seeing the same issue in test.  Does anyone have any suggestions on what else to look for. ThanksShelley 

Hi All,  What would be the correct GL account/account type to configure for M3 & M4 Posting Types?We have configured an Inventory Account for Posting Type M4. Could this lead to a discrepancy between the GL balance and the inventory value per period? 

Hi Experts,I'm trying to understand how IFS is designed to handle Canadian ITC tax. I would appreciate any documents, instructions on how it is done and also I'm trying to understand whether there are any extensions to enable this . I was unable to find out anything related to this in the standard IFS applications.

Hi All,One of our customers is generating General ledger report with counter accounts and there are some vouchers with blank counter accounts. For example, vouchers with voucher type Q - Opening balance and H - Currency Revaluation. Is there any functional document to refer how the counter account is generating? Thank you!

Hello, I have a question about invoices import using STDCIN1.The template works fine when I import a single invoice including when it have multiple linesBut when I try to import multiple invoices i get imports errors. Any thoughts why ? Best regards

Running into this error when trying to create a Return Material Authorization. Any ideas where it’s originating or how to resolve?  

Hi,Does any one has script that can copy Copy Posting Controls and Details from one company to another? Thanks