Finance (Financials)

lisa.gilesABSidekick (Customer)

A PR was created against a Work Order and converted to a Purchase Order.Supplier has sent the Part and this was received into InventoryThe Part sent is incorrect so we need to return the part to the supplier.What should the process be for handling this? We need to pay the Invoice for the part received so cannot delete/cancel the Purchase Order but we do not want it to show as a required material in the work order and I cannot seem to find a way of handling this within the Work Order.Thanks,

841

1 year ago

semonSidekick (Customer)

asked in Finance (Financials)

How to setup residual value rate or value in depreciation method

Could someone share knowledge about residual value rate setting for specific depreciation method? We expect different residual value rate based on base value in different depreciation method.

1232

1 year ago

WIAUser1Do Gooder

asked in Finance (Financials)

Hedging concepts in IFS

Hi All,Can someone tell me how we can use Hedging concepts within the IFS Funtionalities?Thank you.

360

1 year ago

FIHENRICADo Gooder (Customer)

asked in Finance (Financials)

Swedish supplier payment format change

Hello!Wondering if anyone else has solved this already… Danske Bank sent out the following information: “It will no longer be possible to send Bankgiro files (supplier payments) via Danske Bank, these files should instead be in ISO2022 XML format”Currently our Swedish entity is using payment format BGSWE (Bankgiro, Domestic Payments, Sweden). We tried to use ISO2022 instead, but apparently plusgiro account is required (not bankgiro), so the file didn’t go through as plusgiro account for supplier is missing. Does anyone have a solution for this?Many thanks in advance!

96719

1 year ago

Rasmus RaulSidekick (Partner)

asked in Finance (Financials)

Match external Customer and Supplier payment

How can i match two or more invoices with one payment in external payments? In external payments I have loaded a CAMT053 fil and I would like to match one payment with two or more invoices. How can I do that? Here is an fictitious example:The company has received a customer payment at 267,750 DKK. This payment is payment for two customer invoices. How can we match the payment with two invoices in External Payment Details and not only with one? As you can see we only can match one invoice at the linie. Please let me know what you are doing to match one Customer- or Supplier payment with two or more invoices in External Payment Details.

820

1 year ago

KayDo Gooder (Partner)

asked in Finance (Financials)

Can IFS application do Company income tax filing for US entities?

Hi All, Please let me know whether the IFS application facilitates filing company income tax from IFS standard application for US entities. If you have any documentation available for that, please share with me. Kind Regards,Kay.

260

1 year ago

BRSASidekick (Partner)

asked in Finance (Financials)

External Voucher tax calculation in Aurena

HiWhen changing the Tax code on an External Voucher line, the system does not recalculate the tax amount automatically.In the IFS10 version, it was possible to add/change the tax amount manually. This option does not seem to be possible in IFS Aurena. What is the idea/functionality behind this? Regards Brian

170

1 year ago

SwatiSidekick

asked in Finance (Financials)

Group VAT set up in IFS APP-10

Dear CommunityWe are looking to set up Group VAT return in VAT, There will be four companies, could you please someone please advise how we do this, we are using BTC software to submit the MTD.For example company 100, will be the main company which will be submitting the VAT return on behalf of the all group, how do we add the other companies to the VAT return. If any one has any instruction or process notes on setting up VAT returns for group would be greatly appreciated. I look forward in hearing from you. Thanking you in advance. ThanksSwati

1465

1 year ago

SwatiSidekick

asked in Finance (Financials)

Multi VAT on supplier invoices

Dear Community We have supplier who have multiple VAT on their invoice, for example ingredients will be 0% VAT but delivery charge or an item will be 20%.How do we process these invoices via posting proposal as once its created via Prelimiary invoice you cannot amend the VAT amount and the only way we know is going to Manual supplier invoice and processing this.Is there better way of dealing with kind of invoices. ThanksSwati

821

1 year ago

Shehan WijayasingheDo Gooder (Employee)

asked in Finance (Financials)

Impact on the system when changing the code part setup

The following screenshot is the current status of the code part setup.Please note that currently these code part values are used and all the transactions are linked to cost centers.For the requirement of using cost center on serial and functional objects, we have to change the “Code part B”>Logical Code part value to "Cost Center" in the below setup.Since we are already using cost centers as mentioned above what is the overall impact on the system when we change the code part setup?Code Part Setup

700

1 year ago

ViitatiSidekick (Partner)

asked in Finance (Financials)

Price Adjustment raises posting type M19, not M18

Hi,As per my understanding, when performing Price Adjustment for Supplier Invoice, correction should be written by M18 -posting type, when Inventory Part has “Transaction Based” Supplier Invoice Consideration. In my scenario, for some reason system uses M19 posting type and does not add Price adjustment to it’s valuation. System post that with invoice difference and uses M19 posting type. In other environmental this works fine (uses M18 posting type after Price Adjustment) and in other environmental this not working as it should (uses M19 posting type). Do you have any suggestions what could be different in those environmentals or what may trigger this difference? Currently all look 1:1 between those environmentals and upgrade & service update is same IFS10 UPD17.

1570

1 year ago

AwijeDo Gooder (Partner)

asked in Finance (Financials)

Supplier invoice tax rounding

How can we handle a difference in total/line tax rounding on supplier invoiceIt always get the total of the lines and not from total invoice amount ??

1472

1 year ago

itsrubymDo Gooder (Customer)

asked in Finance (Financials)

How to offset internal customer and supplier invoice

Hello there, we have a scenario in which company A and company B are sister companies (under the same master company).As required by our business process, Company A must bill Company B, which means the actual invoice will be created and entered into AR in Company A and AP in Company B. I am just wondering how can you net/offset these 2 invoices that are in 2 companies so they don't show up as "not paid" in IFS.We are in IFS Cloud. Please help! Thank you :)

2874

1 year ago

ronhuHero (Customer)

asked in Finance (Financials)

Mandatory Pre-posting Not Working on No Part PR Line

Community,i would like the mandatory pre-posting on no-part PR line. then I have below setting, but i still can release the PR without the Account and Cost Center which is set in Pre-posting mandatory? a bug?

1793

1 year ago

NarmadaHero (Employee)

asked in Finance (Financials)

Consumption tax (C-tax) in Japan

Hi All,One of our customer having subsidiary in Japan and they want to setup consumption tax for that company. will it be possible to use consumption tax available in South Korea country solution for this. Have anyone used it. Customer is in App10 UPD19. Also, please suggest if there any alternative solutions suggested for Japanese customers to overcome this. IFS Apps 10 Global Extension - South Korea Country Solution | IFS CommunityThankyouNarmada

930

1 year ago

lisa.gilesABSidekick (Customer)

asked in Finance (Financials)

Training Events Linked to CO or PO

We are starting to use the Training Events within IFS IEE Apps 10 and I cannot work out how to move the course costs to a Customer Order or a Purchase Order to handle the Finacials.The Training Events holds the Training Costs but how do I now convert this into a CO so we can raise an Invoice or a PO so we can be Invoiced?Thanks,

290

1 year ago

AmandaDo Gooder (Partner)

asked in Finance (Financials)

Cash Plan in Cloud not working

Good Day, We cannot find a solution as to why the Cash Plan is not returning data in the Snapshot. We have followed all the correct setup steps as well as created a lot of data - Invoices, Payment Proposals, Purchase Orders, Customer Orders etc. The snapshot is ordered but the analysis is empty. Please help I have to give a customer training and none of the consultants are able to create a Cash Plan successfully. Kind Regards Amanda

1618

1 year ago

Ieva RitumaSuperhero (Employee)

asked in Finance (Financials)

Flexible Email addresses instead of AP Supplier Contact / AR Customer Contact

Currently, it is only possible to define a single email address for all supplier and customer emails - statements, invoices, payment advices (remittances), CIS deduction statements, orders etc. However, in reality this varies on a supplier/customer basis and very often multiple email addresses are used for a single type of document.It is possible to define this through configurations, but this is done in all implementations and all new prospects ask for this. Hence, more flexibility should be allowed in the Comm Method tabs or in report rules to select multiple types of comm method lines. It is very typical for different customers and suppliers have different setup requirements. E.g. for some suppliers/customers, the statements will be sent to a single email address, but for others it will go to multiple email addresses. The solution could be to introduce multiple generic checkboxes for “Report Type X” against the comm method tab:This allows for flexibility, because these can be renam

4153

1 year ago

ThmaSidekick (Customer)

asked in Finance (Financials)

Tax ids in IFS Brazil solution

In IFS Brazil solution, can two inventory locations be setup to have different tax ids? We understand that we can create two sites and attach the two tax ids to them. But this creates the challenges in giving user access to multiple sites and implementing inter site flows.

442

1 year ago

prabha.ruberuSidekick (Partner)

asked in Finance (Financials)

Error when loading external payment file for MT940DE

Hi :) When loading MT940DE file it gives the error “A Payer/Payee Identity does not exist. A parked payment will be created using company '10'.” The loaded file is as follows:20:310515 :25:4021003006371023 :28C:0135/001:60F:C230515USD1504358650,31 :61:2305150515D15688,67NTRF12489 :86:DEBIT TRANSACTION NFR/23/004974884 BREF 25171 CREF 12489 BENC100100044120:62F:C230515USD1878468612,09I need to identify which characters in the above file stand in for the Payer/Payee Identity and the invoice number. If the invoice number is not available in the above file how can we add that to the external fileThank you

1584

1 year ago

jlblfrDo Gooder (Partner)

asked in Finance (Financials)

GL Voucher Row Analysis - Export (all columns) to Excel

Hello,In 21R2 ( 21.2.1), following issue raised when trying to export selected rows from “GL Voucher Row Analysis” to Excel :GL Voucher Row Analysis :- Export\ Export Selected Rows\ All Columns → error : Requested Excel Files has errorsIt’s OK when :- Export\ Export Selected Rows\ Visible Columns only regards

2144

1 year ago

prabha.ruberuSidekick (Partner)

asked in Finance (Financials)

Link customer order invoice lines with posting lines

Hi Everyone :) Is there a way to link customer order invoice lines with customer invoice posting lines?The reason is that I'm working on a custom report where they want to view the customer invoice lines(postedauth lines) and the associated GL account.I am aware that there are no distinct customer invoice lines for taxes and discounts, but is there a simple way to connect the GL account to the charges and other part lines? Thanks in advance

360

1 year ago

sueshirleyDo Gooder (Employee)

asked in Finance (Financials)

Units of Production Depreciation

Is anyone using Units of Production Depreciation? If so, how did you set it up?

381

1 year ago

jhooperyanSidekick (Customer)

asked in Finance (Financials)

Invoice dropping Line Item Table on some Advance Invoices

We are running Apps10 UPD19 and are having problems with our Advance Invoice printouts. This started in UPD14.When we print an Advance Invoice - if Finance overrides the default description (Prepayment) to anything else, the line item section of the invoice does not print. It goes directly from the header section to the subtotal.If Finance leaves the default text as Prepayment - the invoice prints correctly.Looking at our report archive info - IFS uses our Invoice (CUSTOMER_ORDER_IVC_REP) Report definition for Advance Invoices. When I compare the XML data for both invoices (prints correct vs. drops line item table), both appear to be correctly format XML files and the descriptive text is in the same tag (<CUSTOMER_PART_DESC>). The solution IFS support provided is to use a different report layout, except the report layout that works is an old layout with the wrong company contact info. I’m trying to figure out why my correct layout (I only have 1) works for all other invoices

380

1 year ago

harySidekick (Partner)

asked in Finance (Financials)

Main object

I have created and activated FA Objects and i want to connect them to a new main FA The main object and the others have not the same group object and acquisition accountThe question is how to activate this main object which acquisition value should be the total amount of the attached FA object? How about depreciation operation? main FA object and the attached FA objets.

380

1 year ago

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