Finance (Financials)

This will include the questions related to Financials.

  • 4,302 Topics
  • 11,849 Replies

4302 Topics

R
Sidekick (Customer)
ROXTOBBRISidekick (Customer)
asked in Finance (Financials)

Change Voucher Series set up

Hi,  I created a new company and choose Voucher Series Per Period. That was wrong. Is should have been Voucher Series Per Year. How can I change this? Best regards, Tobias 

7
Ralph Gericke
Hero (Employee)
1 year ago
S
Sidekick (Customer)
SMcLeesSidekick (Customer)
asked in Finance (Financials)

End of Month payment terms

I’ve set up new payment terms in IFS for 60 days from End of month. This appears to be calculating 60 days from invoice date and then pushing out to End of Month, anything dated in June is due on 31st August. Is it possible to calculate End of Month then 60 days, for example anything dated June would be due on 29th Aug (60days from 30th June)?

3
E
Sidekick (Customer)
6 months ago
A
Do Gooder (Partner)
AndreaCapDo Gooder (Partner)
asked in Finance (Financials)

Voucher Type X not present in Project Management module

Hi IFS Community! I need your help on a complicated topic. I have many vouchers that are not present in the Project Management module, meaning that some costs are present in Finance but not in Project. All the vouchers are type X.Is this voucher type is only for accounting/finance purposes? All the posting control setups seem to be OK. Many thanks!

9
A
Do Gooder (Partner)
1 year ago
N
Sidekick (Partner)
NecQianqWSidekick (Partner)
asked in Finance (Financials)

How can we know AR Balance in actual sales based on customer invoices on Customer Credit Analysis window?

When a new difference item is created in Mixed Payment, it can be considered as a new sales transaction and hence hitting AR balance and Sales value in Customer Credit Analysis screen.Because mixed payment contains below,(1)AR Balance in actual sales based on customer invoices(2)Amount generated by adjusting the difference.As (1),(2) are all contained in AR Balance and Total Sales onCustomer Credit Analysis window of IFS.So how can we know (1) on Customer Credit Analysis window?

1
N
Sidekick (Partner)
1 year ago
A
Sidekick (Partner)
ATarBPTSidekick (Partner)
asked in Finance (Financials)

Intercompany AP/AR Netting/Offset

Hello, I need some help regarding AP/AR Netting with my customer.The companies within the group are buying and selling each other goods. Let’s suppose the company A has an AP Balance with company B (1500€) and an AR Balance with company B (4200€).At the end of the month, the AP Balance is offset in a intercompany offset account (Credit) and the AR Balance offset as well in the same account (Debit).So, the intercompany offset account balance is the difference (so -2700€)The netting functionality allows me to offset the same amount in AP and AR (here 1500€), but i would like to post the difference.Is it possible to execute such process in IFS ? Which posting controls are involved ?Also, is it possible to have a different account for each one of the sister companies ? Thanks, Tarek

3
A
Sidekick (Partner)
1 year ago
Harley
Hero (Customer)
HarleyHero (Customer)
asked in Finance (Financials)

Budget Transaction Import, Overwrite\Add

In our environment in APPS9 we are performing an import of BudgetTransaction using External File Assistant.In one of our companies, this is additive. In other companies all existing lines on the Budget Template are removed, and only the lines in the import file are added.We would like the behavior to be consistent but have so far been unable to locate the parameter or reason for the different behavior across companies.  

0
Harley
Hero (Customer)
1 year ago
N
Hero
Nagah.khaledHero
asked in Finance (Financials)

Repost Supplier

I’m trying to repost all the open supplier ledger item of supplier 200106 to supplier 200105.the repost to other supplier and offset is disabled?please advise ?  

3
A
Superhero (Employee)
1 year ago
K
Do Gooder (Customer)
K.mitchDo Gooder (Customer)
asked in Finance (Financials)

Installing Business Analytics Excel Plugin - Certificate issue

Our IT department are trying to install Business Analytics for a new user but are coming up against error due to the certificate not being trusted. - Screenshot attached.  Is any one aware of any issues?  We are on APP 9. 

0
K
Do Gooder (Customer)
1 year ago
IniNaadiJ
Sidekick (Partner)
IniNaadiJSidekick (Partner)
asked in Finance (Financials)

List of Posting controls with journal entries

Dear All,I need to get an check list or document which is consist of all the posting controls and the relevant journal entries for each business scenario.  (The general business scenarios) Can someone please share any link relevant for it or any document. Big help. RegardsNaadira

1
cperdue
Hero (Partner)
1 year ago
N
Hero
Nagah.khaledHero
asked in Finance (Financials)

adding vendors to expense sheet

we need to add list of vendors to expense sheet page ticket tab;what shall i do ? 

1
N
Hero
1 year ago
B
Sidekick (Customer)
bldrayiSidekick (Customer)
asked in Finance (Financials)

Cash Account payments report

Kindly how I can find payments report from cash/Bank accounts (report or scrren) for both mixed payements and Cash Box payments using IFS10 Thank you and best regards,Bilal Drayi

2
B
Sidekick (Customer)
1 year ago
G
Sidekick (Employee)
GeeklkSidekick (Employee)
asked in Finance (Financials)

Why some of the payment methods are not enabled for Electronic Payment Addresses (RMB option)

Hi All, I’m raising this IFS community post on behalf of a customer. The customer has raised an issue regarding the unavailability of the RMB option, “Electronic Payment Addresses” for the payment method CHK. Customer was already informed the following explanations through the case. CHK payment method doesn’t have an electronic payment address in the IFS application.  This is the reason why this option is not available with the CHK payment method.  For payment methods such as, SEPA, BACS, ISO22000, or ACH, this option is available.Customer needs to know the reason why some of the payment methods like CHK are not enabled for “Electronic Payment Addresses” option.  Thank you! Best Regards,Geeth 

2
G
Sidekick (Employee)
1 year ago
SaraCrank
Sidekick (Customer)
SaraCrankSidekick (Customer)
asked in Finance (Financials)

Same Work Tasks Reposting Over and Over

We are having issues were the same Work Tasks are reposting over and over and will not go to Final Posted status. We found this because we phased out some account numbers and those same transactions are now going into error status because it’s trying to repost using old account numbers. When we look at a single transaction on the Work Task Transaction screen and look at the Accounting tab, we can see how many times this specific transaction was reposted. It was reposted 30+ times on 6/1 and we don’t know why.  Has anyone else ran into this issue? If so, how did you resolve it? We’re on IFS10 UPD13 but we discovered this while on UPD10

2
SaraCrank
Sidekick (Customer)
1 year ago
D
Do Gooder (Partner)
DarshiGDo Gooder (Partner)
asked in Finance (Financials)

EDI Remittance Advice Customer Payments External File

Dear Experts,Appreciate it if you could guide me with regards to the steps that I need to follow to import Customer direct remittance using CUP_REMADV (EDI Remittance Advice Customer Payments) template. 

0
D
Do Gooder (Partner)
1 year ago
S
Sidekick (Customer)
SMcLeesSidekick (Customer)
asked in Finance (Financials)

Non-Supplier Payments - Allocation

How does a Non-Supplier Payment get allocated? I’ve tested one which has pulled through onto a BACs run fine, but when acknowledging the payment run i get an error because of this? I thought having the payments value and coding entered in the Non-Supplier Payment screen would act as allocation?

1
A
Hero (Customer)
1 year ago
R
Hero (Customer)
ronhuHero (Customer)
asked in Finance (Financials)

External Supplier Invoice document not checked in

Community, would like to borrow your mind here. we are testing external supplier invoice with ABBYY system. ABBYY will send XML files and SFTP to IFS, IFS will call BIZAPI. External supplier invoice is loaded, but there is one issue, invoice document is not checked in. wondering why? please refer to the screenshot attached. Thank you.

3
H
Do Gooder (Customer)
1 year ago
S
Do Gooder (Customer)
stanDo Gooder (Customer)
asked in Finance (Financials)

Business Planning Opening Balance

Hi, Do you know how the opening balance can be created in the Businsee Plan? We get the below error :Thank you.

9
cperdue
Hero (Partner)
1 year ago
M
Sidekick (Customer)
m.arifSidekick (Customer)
asked in Finance (Financials)

Supplier electronic payment

what are the steps for enabling the supplier electronic payment and what are the advantages of using that.

5
A
Hero (Customer)
1 year ago
B
Hero (Partner)
bytsophanHero (Partner)
asked in Finance (Financials)

Austria Tax declaration, Chamber contribution (Kammerumlage)

Hi ExpertsDoes anyone has experience with the Chamber contribution (Kammerumlage in German) in Austria? If Yes is there any solution built in IFS? Thanks for an info in advance. Best RegardsSophal

0
B
Hero (Partner)
1 year ago
J
Hero (Employee)
Janith BandaraHero (Employee)
asked in Finance (Financials)

how to access and download payment files generated in IFS Cloud ?

how to access and download payment files generated in IFS Cloud 21.1 ?Raised on behalf of ticket CS0077761

1
N
Superhero (Employee)
1 year ago
N
Hero
Nagah.khaledHero
asked in Finance (Financials)

code string in cash box

Al-Salam Alikum I defined BU code string in our company 101.in cash box , this part code is enabled for direct cash payment.but un-enabled for customer and supplier payment .how I can enable this code string for customer and supplier payment ? 

1
A
Hero (Customer)
1 year ago
I
Sidekick (Partner)
IviSidekick (Partner)
asked in Finance (Financials)

Supplier trial balance 21R1

Hi All,Does any body knows how to generate the supplier trial balance in IFS 21R1 using the AP Repport?  Regards, Ivi

1
I
Sidekick (Partner)
1 year ago
D
Do Gooder (Partner)
DarshiGDo Gooder (Partner)
asked in Finance (Financials)

Mix Payment error

Dear all,I have uploaded a mixed payment through the External Check Upload Functionality. However, I am getting a very strange error and as a result, I can not approve the mixed payment. Can any one of you help me out to resolve this issue? 

1
S
Sidekick (Employee)
1 year ago
E
Sidekick (Customer)
EDCLISASidekick (Customer)
asked in Finance (Financials)

Credit Card Payment not offsetting invoice

Customer payments via credit cards are not offsetting against the invoice when using the credit card interface.

2
A
Hero (Customer)
1 year ago
S
Sidekick (Customer)
SMcLeesSidekick (Customer)
asked in Finance (Financials)

Supplier Statement Reconciliation

Does IFS offer any smarter process for reconciliation of Supplier Statements? Currently we will export individual supplier ledger into excel and match with the statement provided, manually checking for discrepancies or balance. Curious if anyone had a quicker/smarter process for these that can reduce the time spent on these?  

1
cperdue
Hero (Partner)
1 year ago

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