Finance (Financials)

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

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.      

Hello,There is a list of assets which we have to allocate amortization amount to individual asset.What is the process of capturing/ generating amortization for objects in IFS Application?   Best Regards,Anne.

Hi all!We have an issue when uploading PDF in External Supplier Invoice Document Files.When we upload an invoice image using a reader: We are not able to open the document.When we drag and drop it (Same document) there is no issue. We can aopen it properly… Line 11: reader uploadLine 10: Manual upload no pbm 

Hi All,Need your kind advice.My company is using IFS version 8. We tried create depreciation proposal for period 12 of 2023. They successfully created this; however, they said the depreciation amount is incorrect. Upon checking on of the asset object as below example, you can see that the amount generated for depreciation period 12 have an unordinary amount. I have taken a look at depreciation proposal history for period 12 of 2023, it seem the factor and Eval factor is different from usual. Below for your reference. I suspect that this might be the cause of issue We have tried to rollback the depreciation and create new depreciation proposal but the issue remained. Can you help to advice on how to rectify this? above show incorrect depreciation amount for P12  As per checked, for some reason factor is calculated using factor Residual and eval factor 0 instead of usual factor and eval factor as in the previous periodI suspect this causing the incorrect depreciation amount. FYI, there i

We have created a payment method CHK and attached the CHECK payment format id for this payment method. Payment also generated in IFS for a supplier using this payment method. I would like to know if we can change the format id connected to the payment method at this point? thanks you in advance.

ENVIRONMENT: IFS Application 10 UPD 13 AUDIENCE: All RESOLUTION/ANSWER:"Request Aborted" returns when trying to transfer MCPR Customer company transactions.  WORKAROUND: N/A  Solution: From investigations, it was identified this happened due to the long-running function and suggested to increase the “Statement Execution Timeout” parameter in Enterprise explore configuration.  Related KBA: https://community.ifs.com/framework-and-experience-101/why-do-we-get-request-aborted-when-executing-a-long-running-function-from-enterprise-explorer-3472CAUSE: N/AADDITIONAL INFORMATION: N/ASCRIPTS/LOGS: N/A SOURCE: Shehan Chandrasekara VERIFIED:

Community, Can we have journal report in Excel? currently we are using Account Journal Report dialogue box to create a PDF report. 

 In former Versions of IFS there was an editor to create a formatted Text for the confirmationn statement:In Apps 10 it looks like this:  In Cloud I find no possibility to open an editor: Confirmation Statement Templates - IFS Cloud Solution SetIs there any other possibility to create a formatted text for a confirmation statement?

Hi everyone,In French tax rules for sales of services in France, VAT on BOE must be reported at the time of payment, not when the BOE is created.In IFS Cloud, VAT voucher is generated when the BOE is created and it’s just possible to postpone  the Tax Liability date.In several cases, VAT reconciliation is difficult because VAT voucher entries are posted on a month and VAT transaction to declare is available on the following month.Do you find yourself in this situation? If so, how do you handle it?Thanks in advance for your feedbacks.Regards,Virginie

Hi guys,  Wondering if you could help with this issue that we are testing. Sometimes we get parts that arrive in dribs and drabs from a supplier, say 2 of the 5 parts turn up. We thought we could leave the posting proposal open and simply use the Match Invoices With New PO Receipts function to auto update the proposal. Unfortunately this does not seem to be how it works, not working at all for us.We are now manually adding the posting lines when the goods are receipted. Anybody else had issues with it?? Cheers

Hello,I set up a supplier invoice payment authorizer- User : Tarek_Abdelhedi, can authorize until 50000€ (supervisor = DF)- User : DF can authorize without limitsWhen i try to approuve the invoice with user Tarek_Abdelhedi, i get this error message which is normal.When i try to approuve the invoice with user DF (which is the supervisor), i got the same error which is not normal. In IFS page help, as a supervisor, i am supposed to approuve above the maximum amount defined.Can you please let me know about this issue ?Thanks,Tarek