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Finance (Financials)

This will include the questions related to Financials.

  • 5,430 Topics
  • 14,335 Replies
5430 Topics
J
Sidekick (Customer)
JStackSidekick (Customer)
asked in Finance (Financials)
Advanced Invoice - Tax Rate Differences

We are currently on IFS Apps 10, update 14 utilizing the Vertex Tax software.  When creating an Advanced Invoice with lines with different tax rates, the system will not auto calculate tax.  We get a message that tax must be entered manually but we can’t enter manually on an Advanced Invoice. Example: Part line is taxable in the state Virginia (USA) but freight is not considered taxable.  I need the freight to be included in the total of the Advanced Invoice.  How can I accomplish? Thanks

1333
R
Do Gooder (Partner)
A
Sidekick (Customer)
andrei.borromeoSidekick (Customer)
asked in Finance (Financials)
POC Manual Method

Hello. Does anyone have an idea of how to use the POC Method Manual in the financial project of IFS? According to the help description for Manual: “The POC is based on a value manually entered by the user. The method cannot be used by Planning Projects, IFS/Project”. Where or how exactly is this value entered? Would appreciate any help.  

461
T
Do Gooder (Employee)
S
Do Gooder (Partner)
sunny_pDo Gooder (Partner)
asked in Finance (Financials)
ISO2022 bank file InstrId date format

Is there a way to change the date format for the ISO2022 BACS format file?Currently the format works for some Supplier and others it does not.Seems there are 2 different date formats for different suppliers. Successfully processed -  XX: XXX/XXX//040425Failed Transaction - XX : XXXX/2025-06-13/ This is for the  <InstrId> tag

210
S
Do Gooder (Partner)
K
Sidekick (Partner)
KomalySidekick (Partner)
asked in Finance (Financials)
DNG Customers must be created through Salesforce

Hi Team,We are unable to create new customer; it’s giving the below error as “DNG Customers must be created through Salesforce”The error only coming for Singapore clients and China clients are able to create customer easily. all team belongs to Standards integration and not DNG  

50
K
Sidekick (Partner)
AELDENISE
Sidekick (Customer)
AELDENISESidekick (Customer)
asked in Finance (Financials)
OCR Supplier Invoice import - France

Is anyone using OCR to import Supplier Invoices into IFS for France.  We are in contact with Ricoh and Skilja but wondered if anyone has any other options to suggest (for a small quantity of invoices). This relates to invoices coming in from suppliers outside of France.

884
T
Superhero (Employee)
audreyS
Sidekick (Partner)
audreySSidekick (Partner)
asked in Finance (Financials)
Advance Customer Order Debit Invoice

Hello,We have a need for several customers to be able to break down the deposit to the order lines. Do you have a standard solution, please?Knowing that we have found a way at the time of payment but that is very complex  

314
audreyS
Sidekick (Partner)
S
Sidekick (Employee)
Sanduni AriyarathnaSidekick (Employee)
asked in Finance (Financials)
Create user and Approved user same in GL Vouchers

How we can delegate the Create user and Approved user same in GL Vouchers.We have setup N voucher setting as follows and created mix payment.   But we get same user as Entered by and Approved by. Is there way of getting 2 different users here. Please advice on this.

333
A
Hero (Customer)
C
Do Gooder (Customer)
CBICRUSUDo Gooder (Customer)
asked in Finance (Financials)
Customer Invoice date needs to be different than voucher date

Good morning, I created a Customer Invoice, but I need to change the Invoice date to a date in a closed accounting period. I tried printing the invoice, but I received the message that accounting period is closed. I was hoping that I would be able to print, the invoice would go in error, and I can checkmark the box Use Voucher date on the Customer Invoices with errors screen, but it doesn’t seem to work that way.Is there a way to Print/Post a Customer Invoice to a different date than the Invoice date? Thank you,Cora

2316
C
Hero (Partner)
I
Do Gooder (Customer)
IFSaholicDo Gooder (Customer)
asked in Finance (Financials)
Payment batch invoice details

How to pay a supplier with several Invoices using Payment File and have the Invoice nr’s in the Sepa File/ Bank statement of the supplierFor Instance: Supplier has sent in four invoices:Invoice 1 for 120 euroInvoice 10 for 90 euroInvoice 13 for 80 euroInvoice 20 for 70 euro. Totals 360 Euro. IFS should have the four Invoice nr’s in the specification. Currently it only shows the total amount of 360 Euro without specification of the invoices  

171
Eranda
Hero (Partner)
A
Sidekick (Partner)
Ashni NayantharaSidekick (Partner)
asked in Finance (Financials)
What is ​​​​​​​Customer Invoice Date Control in IFS Cloud

Hey GuysHave you heard anything about a function called "Customer Invoice Date Control” in IFS CloudThis was supposed to enables the validation of customer invoice date to be equal or later than the last printed invoice.Any lead on this feature is appreciated.

271
KethakaG
Superhero (Employee)
K
Sidekick (Customer)
Karolina WowakSidekick (Customer)
asked in Finance (Financials)
IFS in UK - how to claim VAT back on 6 months of purchase invoices

Hi there. I’m seeking the solution to below scenario. If you have any experience in this area I’ll be grateful for guidance and support how to proceed in IFS. In the UK we are allowed to become VAT registered and claim VAT back on 6 months of purchase invoices on services. However, we need to put in these invoices now for our quarterly reporting. How to manage it in IFS to acquire proper tax transactions and reporting? Will it be possible to change past invoices VAT amount, to claim these back when VAT registered? Currently we’d like to register and proceed those invoices with “no tax’ tax code, but how to manage VAT after 6 months then? Shall we use any dedicated tax code with specific configuration for such purposes?Thanks in advance for any tips.Karolina 

210
K
Sidekick (Customer)
SNBLAVA
Do Gooder (Customer)
SNBLAVADo Gooder (Customer)
asked in Finance (Financials)
How to block a customer to prevent creating new sales contract?

Is there a way to prevent creating a new sales contract for an inactive customer? Backgrond: Currently it’s possible to set the customer on ‘credit blocked’ and once you create a new sales contract  a warning message pops up (but you can continue), but actually we want an error message to ensure a new sales contract for this customer can not be created. With the help of a custom even action it’s possible, but would be nice if this was standard functionality. Kind regardsLars  

505
B
Do Gooder
W
Sidekick (Partner)
WyrJamesGSidekick (Partner)
asked in Finance (Financials)
Supply Chain & Mfg Posting: NOTBALANCED

Hi, I have a rental posting with error NOTBALANCED: This accounting is not balanced. This is for posting M217 - Rent In Accrued Cost Inv. I would expect to see M218 here, but doesnt look like that was created. I cannot view the associated Rental Transaction as when navigating through using the button, no data is found (which I havent seen before)Any ideas what causes this? or how I can trace this back? The only information from the line I can maybe use is the Project IDAny guidance would be appreciated

251
W
Sidekick (Partner)
A
Do Gooder (Customer)
agonneringDo Gooder (Customer)
asked in Finance (Financials)
Can ACH Payments be reversed?

I am wondering if an ACH Payment can be reversed once the Payment Order has been Acknowledged and the payment has been created?

272
B
Do Gooder
K
Sidekick (Partner)
KomalySidekick (Partner)
asked in Finance (Financials)
Part no on site is currently locked for the Transaction Based Invoice Revaluation Process.

Hi Team,Several orders on demand site are stuck in status released while the intercompany order has already been delivered, once the intercompany order lines is closed, matching demand order line should also get close with invoice. While checking the incoming delivery notifications screen, we are receiving below error message:“Inventory transactionHist. TRABASINVREV: Part number XXX on site XYX is currently locked for the transaction based invoice revaluation process”I can manually close the orders but want to know why it is happening and what is the root cause of it.Request your suggestions. 

465
P
Superhero (Employee)
X
Do Gooder (Partner)
XitSandeBDo Gooder (Partner)
asked in Finance (Financials)
Capture Supplier Invoice Data - Error message

Hi Team,As part of 25R1, IFS introduced OCR functionality for invoice creation in IFS. However, I'm encountering the following error message on screen. Could this be related to permission set configurations, or is it dependent on AI enablement by IFS? 

522
X
Do Gooder (Partner)
S
Sidekick (Employee)
Sanduni AriyarathnaSidekick (Employee)
asked in Finance (Financials)
Changing accounting year start and end dates mid year to new calendar

Company 01 had  Accounting years run from Jan - Dec period from the beginning of 2008.However we need to change company Accounting Year to run from October as Period1, and September as Period 12 due to new company acquisition. We need confirmation that this is the best approach, but also need some advice on anything else in IFS relating to year end and opening processes.Appreciate your expertise advice on this year period change.

231
A
Hero (Customer)
A
Do Gooder (Partner)
AnyDo Gooder (Partner)
asked in Finance (Financials)
Unabel to post imported object transactions

Hello comunnity,I am trying to post imported object transactions that only affect IL, but the voucher type that i’ts only available is for scrapping I want to use the voucher type Depreciation IL but is not available in my LOV and if I insert the value appears this error msg.I am trying to import a fixed asset that has a main object in status ‘active’.Regards,  

281
A
Hero (Customer)
B
Do Gooder (Employee)
brehanDo Gooder (Employee)
asked in Finance (Financials)
Czech legislation - the differences between IFS v.10 and Cloud 24R2

Hi, I need to explain to customer Czech legislation. I should focus on differences between V.10 and Cloud 24R2. Has anyone have a list of the differences in Czech legislation ready to use? I see the topics are the same, so probably there can be same improvements within a given functionality. I would appreciate any help.Kind RegardsBeata

190
B
Do Gooder (Employee)
S
Do Gooder (Employee)
Subhamay1071962Do Gooder (Employee)
asked in Finance (Financials)
Manual Supplier Invoice API

IFS needs to have an option get all the supplier invoices from one API call.... 

673
Alperen
Sidekick (Partner)
S
Superhero (Employee)
Shanuka Lashan
asked in Finance (Financials)
Authstn xml tag in payment order files generated via ISO20022 payment Format.

Hello Community,We are using ISO20022 payment format when generating Supplier Payment Orders. I would like to know, where should we enter data in IFS, so that we can get the data into Authstn xml tag.Thank you.

150
S
Superhero (Employee)
O
Do Gooder (Partner)
OIVINDo Gooder (Partner)
asked in Finance (Financials)
IFS Cloud Business Planning "live"

Is there any company in Europe that actually use IFS Business Planning? I work with a company that wants to implement it, but they want contact with an IFS customer that use IFS Business Planning.

251
Lauri
Sidekick (Customer)
A
Do Gooder (Employee)
Anuj BandaraDo Gooder (Employee)
asked in Finance (Financials)
Unmatched Transactions in CAMT

Hi Community,May I know any instances where invoices are not getting matched after importing the CAMT file even when external payment parameters are defined accurately to capture the invoices?Best Regards,Anuj

460
A
Do Gooder (Employee)
U
Sidekick (Partner)
Udanee
asked in Finance (Financials)
Ledger assistant

 hi all,Any idea on what this  option does?Thanks in advance.Cheers Udanee 

282
U
Sidekick (Partner)
T
Sidekick (Employee)
TolinnSidekick (Employee)
posted in Finance (Financials)
Invoice Fee - Extend indicator to cover Customer Invoices

Topic: As part of user experience it’s beneficial to be easily observe, whether invoice fees has been applied to specific Customer Invoice.Issue: In IFS Cloud Instant Invoices have dedicated attribute to indicate, whether specific invoice contains Invoice Fees. This is solved with simple “Invoice Fee” - Yes/No string. This same option is not supported on Customer Order Invoices, which means users are not provided with a solution to confirm whether the invoice has the invoice fees included or not.Solution: Extend the Invoice Fee field from Instant Invoice to also cover Customer Order related invoices.  

340
T
Sidekick (Employee)

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