Finance (Financials)

Community,We have bunch of products that are returned from customer. they are being repaired/replaced/scrapped and stocked later on.our question is, what is the best practice to have them costed differently under the same part no? basically they have the same part no as the brand new product,  currently in our system, the standard cost cannot be split.thinking of using condition code? will that work? Thank you.

We are currently using IFSAPP 9 and have not completed a Yera End properly since 2005.Whilst investigating the options around GL Archiving, we have come up against you need to have completed Year End process before being able to Archive. Our questions are.Do we have to complete the year end process and transfers for each individual year since 2005.How do we deal with transfers that will affect the next financial year reporting when accounts have been agreed.Any short cuts or known work arounds. I have in my long distant memory  that an IFS consultant helps one of my previous employers do many years within an hour or 2 and allowed us to continue doing year end process form that point onwards.

VAT group registration - is there a connection of companies, where one is as a representative of the whole group and it transfers the total VAT for the group as a whole to the tax office - is it solved in IFS10? Thank youRomana

Could someone please briefly explain how to process WIRE transfers (Supplier payments) in IFS Cloud? Is the same way of defining a Payment Method - WIRE, connecting to a Payment Institute and the Supplier master, and defining the electronic payment address? Many Thanks

HiI have created an external payment file The mixed payment that I created after loading does not include the invoice numbers that are in the file and on the customer’s account.Can you advise what is wrong with my template please? 

Hi,Need expert help on US 1099 Tax reporting.No data showing up in the print preview of the report though I have setup all the basic data. I have checked the tax transactions and found data are available for the reporting period. Any idea what’s need to check? Thanks in advance

Hello to the community,  I am trying to start using the consolidation module; I created a company as a master company; now i am wondering why I can’t find the module “GROCON” related to group consolidation in the LU list. Does anyone know what could be the reason why I can’t find the module? Thank you,Tanya

Hi,Could you let me know what makes the customer preliminary invoice does not have the "print invoice" option available? This is occurring only for one customer id. Please refer to the screen prints below.     Best Regards,Yoshini

Merhaba,Müşteri kartındaki view’ ı TRYPE_ALL_LEDGER_PLAN_X_QRY olan IFS Türkiye standardı cari işlemler sekmesinden fazla işlem gören müşterilerin cari işlemleri çok yavaş doluyor. 10.000 satırı 2 buçuk dakikada getiriyor. Ne yapabilirim?

Hello,We want to do IFRS reporting for the first time in our company.How can I use the Internal Ledger to do IFRS reporting? At what stage and activity can I use Parallel Currency?Is there a document about this?The general ledger we keep in the country and the ledger we keep for ifrs will be separate for now.However, if we provide sufficient conditions in the future, we will be able to make IFRS reporting within the country. Can we keep a single ledger by removing the distinction between general ledger and internal ledger in the future?Asking for IFS 10 Apps

Hi all, Is there anyone / IFS who has a full overview of all mapping used in the standard ISO20022 XML file?The Help Text of the standard fields shows the mapping; but does anyone has an overview of all the related fields? I think it would be awesome if there is an overview of all standard fields and it’s mapping.  

I have created two customized columns in Tax Codes screen in IFS Cloud 23R1.One is LOV reference column and other is read only column. If only, read only column along with the other standard columns is visible on the screen we don’t face any issue while exporting the data (EXPORT (Visible columns only)).When LOV reference column is visible, it is causing an error as below,ERROR - N/A: (Server Error) N/A Malformed Request. undefinedBelow are the screenshots for reference  Is there any solution for this? Thanks in advance.

Hi All,I have a query regarding currency revaluation. Below are few basic setups which are important with my question. Revaluation posting method has been set as Original to port with original account.Below is the voucher is created once I run the revaluation process. Application connects Industry and Location code parts with credit entry. My requirement is to connect Industry and Location with GP11/GP10 entry as well. Is it possible?Below are the available control types when I try to set Industry and Location code parts in posting controls. I don't think any of these options does not fit with my requirement. Any alternative way to fulfil my requirement.Regards,MalinG.

Community, We have been making supply payment along together with debit and credit invoice. there is no issue until we are testing with ISO20022.  We have below error message stated, no negative amount is allowed in ISO20022. any idea how to handle this situation? Thank you. 

We have an Australian customer, Which requires us to add Sales tax to our invoices.No matter what I try on our Australian Customer it always defaults to 20% tax even though I have the following setup on our Customer Delivery Tax Information tab and Invoice tab. How do I get it to only create with the 10% as I feel I'm actually instructing it to do. Customer Delivery Tax InformationCustomer Invoice TabWrongly pulling through the Tax Code S-GB 20% instead of my instructed GST AU 10%Customer Order LineThough if I change the Delivery Tax Information setup to this, it calculates 30% on the customer order. It is so frustrating, I’d really appreciate the help. Customer Delivery Tax InformationThis time tax code is blank and combining both 20% and 10% why!!!Customer Order LinePlease help a frustrated user. Thanks​​​

Good afternoon, Does anybody has experience with Group VAT reporting using Italy Localization?We have configured the Group VAT reporting for 4 italian entities, Tax Transactions are fetched correctly, and when we run Automatic Tax Proposal, the preliminary report that generates has in Details all the transactions - from all 4 companies, if we Print Proposal Voucher Info or Print Proposal Invoice Info, the .pdfs contain the invoices from all 4 companies, however if we Print Preliminary Report .pdf or Print Definitive Report .pdf contain just the invoices from the main company, which is doing the reporting. Has anybody faced this issue before? How did you solved it?Thank you!

Is it possible to use a transaction reason code in Split Object window in fixed assets?In other windows such as move, sell etc. there is a transaction reason field but we do not see one in the  Split Object window.  Is it even possible to use transaction reason codes for splits?     

How to create a new accounting year and period ?Also how to add this new accounting year in voucher series per voucher type ?

Hi...we outsource some of our packaging and have a GL Account called Inventory at supplier. Is there a subledger report I can run to see what makes up that inventory balance?

Hi IFS Community,I am a new bee to IFS, appreciate all the help that I get from IFS community :).To give brief details about the task I am working around -Creating a new event/ event action to check for ext_inc_inv_head_tab.Invoice_recipient  (External supplier invoices table column - Invoice_recipient). if the ext_inc_inv_head_tab.PO_REFERENCE column has one or more purchase order numbers and the ext_inc_inv_head_tab.Invoice_recipient column value is null or * , then look for buyer_code using PURCHASE_ORDER_API.GET_BUYER_CODE(ORDER_NO).  Get the buyer_code (first value only if multiple Po exists) and update ext_inc_inv_head_tab.Invoice_recipient value with PURCHASE_ORDER_API.GET_BUYER_CODE(ORDER_NO) value.  points to note here is - if already valid name exists in  ext_inc_inv_head_tab.Invoice_recipient  column then dont need any changes, if Invoice_recipient is null or * then it should be updated with first available buyer_code value.I did some work around PLSQL script that works well

Is it possible to create financial periods for all companies globally

How do I delete failed self-billing attempts that will never be completed?Let me explain: when a self-billing invoice does not go all the way, i.e. up to the automatic creation of the supplier invoice, we find this aborted "pre-invoice" in the "Self-Billing Invoices Analysis"  filled in. For example, supplier invoice with error “All purchase order receipts connected to this invoice are cancelled.” will never succeed, but will remain in this screen indefinitely.Each time we go back to this screen we will ask ourselves the same question: the invoice has not been generated, is this normal?You can't tell the difference between erroneous self-billing attempts that need to be resolved and carried through to the end, and those that can no longer be done.There is no delete button in this screen.  How do I do this in IFS Cloud? I find it hard to imagine that it doesn't exist.On another screen? With special rights?

Can anyone describe how to upload bank statement to IFS 10 for auto matching in bank reconciliation.

Hello,Can you tell me if you too have had this M8 posting triggered when cancelling a reception?I saw a similar ticket on community and they talk about inventory at the time of the action to cancel the reception. I have an action in 1 MM interval or I receive in stock the same article since an OF. Do you think this could explain it? Because obviously I can't reproduce the same flow and my customer is asking me why?  Thank you for your help 

2024 is leap year.    Please make sure to review and update all your calendars. Accounting periods for GL and ILStatistical periodsFixed Asset calendar if using Once you have posted a transaction to February you can no longer change accounting periods via the application.  If you have already run Aggregate Inventory Transaction Per Period you also will not be able to change your statistical periods via the application.   It is imperative you review and correct your periods now.   If you are not able to change the periods via the application because you have posted transactions and/or run the aggregate inventory transactions you can log a request for service for a billable data repair.   Please note below post regarding changing accounting periods via SQL.