Finance (Financials)

Does anyone have a test protocol template to share? It’s for an upgrade.

Why is the company taxi id number fetched to sales object basic data and where is it used? I´ve tested to setup two different supply coutnries in Tax Liability Countries on Company/Tax control tab. One country is the same as the company country. Setup of new sales object. Assume it fetches the company country tax id as default to the sales object. It is not editable. Setup a customer address with the two supply countries defined on the company. Create two instant invoices, one per supply country.The invoice footer prints the tax id nunber from company setup depending on supply country.Tax transaction window shows the invoices with the different tax id nunber.I cannot see the sales object information is used for anything.   

Hi, We are getting the below error message when performing a Customer Offset. We have not changed process and have never seen before? This offset has 2 off CUCUKPOA AND 3 OFF CUPOA’S on the offset. This is not unusual. Any suggestions?

Hello, I have a question regarding the import of bank statements in IFS, we receive an XML file from our bank that we want to import in IFS for bank reconciliation. Do you know how it works ? Best regards.

Solved this myself!

Hi Community, in IFS Cloud is it possible to setup a authorize invoice payment workflow with more than 1 authorizers ? if yes what is the paramaters ?

hello,I need assistance configuring the 'finCurrencyTypeUpdate' feature to update daily currency rates from two different sources: the Poland Bank for our company in Poland and BCE for all other companies. Can you provide guidance on how to set up this feature, including the necessary company condition, or suggest alternative approaches? thanks for reading this

Hi All,I want to add an approval workflow for journal entry. Can I use Approval routing for it? Or any other ideas how to add a approval workflow to Journal entry. Thank you.

Hi,I have a requirement for preposting on Inventory transactions, however the ARRIVAL Business Event sets Preposting on M1 Debit to “No”.How do I change this Preposting to “Yes” for M1.Thanks,Matt

Hi All,When we credit a project invoice a try to add an invoice text, it is noted that the invoice text can't be added to the credit project invoice. Is this a bug in application?Regards,MalinG

Hello,When we create and post a DD proposal in IFS, the invoices are marked as being paid.  However, sometimes the DDs bounce for some customers and the DD is returned a few days later. At the moment, we are doing a partial rollback, to cancel the payment for the relevant invoice and put the invoice back as unpaid.  However, this is date the original DD date, not the day of the refunded DD.  This is not correct, as it does not match the bank account dates.  Please can you advise me on the best way to handle bounced DDs. Thank you.

I get the below error when I approve the voucher without a supporting document,I want to remove this verification please help how to do.  

Hello,  We are trying to use identifiers for supplier payment. Since we cannot use Invoice numbers since this number is not managed by us What are other possibilities to use to have an identifier for supplier payment ? Best regards.

Hi, If Bulk Supplier payments needs to be done for specific foreign suppliers what would be the effective way to handle payments.  Mixed payment cannot be used as the  customer then can not change the exact amount that they want to pay in acct currency , you can only change the currency rate in here and  then this involves lots of manual work . Is there any other way to  handle this effectively and efficiently. also If the suppliers are from turkey what would be the suggested payment method in IFS ?  ThanksKMH 

Hello What do other customers do in IFS for recording stale dated cheques?   We do not want to “void” the cheque, thus reopening the supplier invoice to be paid or canceled, as we want to just mark it as truly a cheque that was never cashed (so move the amount from cash gl account to another gl account for auditing purposes).    IFS does not have the ability to change the status to “Stale Dated”. Wondered if anyone came up with a custom solution?   Thank you!

What is the best practice to how a customer should control when the Tax is reported when using the core Customer Order Advance Invoice process ?The scenario for the customer is that a CO Advance Invoice to 100% Advance in Tax is created in June, it is paid in July and the Order is delivered and invoiced in August. The IP4 transaction is the transaction that is required to report to Tax Office.IP23 requires a tax account, so does PP38 and subsequently these are then subject to Tax Reporting whilst IP25 does not reach Tax Ledger Transactions even though posted to a Tax Account and PP40 does not become part of this as the flag Is Part of Tax Ledger is empty.

We acknowledged a payment proposal and trying to create a payment order. I select the payment method and the payment institute, and then get an error which says Cash account CAN DOLLARS is not available in payment institute CANADAAny ideas what we’ve missed? TIA Chris.

text from bank regarding SEPA transitionI am looking for guidance on which one of the many XML Transformers in Connect should be used in Germany to meet the October 2023 mandate for the SEPA format.We currently have a rule with MESSAGE_FUNCTION = ‘SEND_SEPA_CREDIT_TRANSFER_DE_04’ that outpus the SEPA XML file to the Application Server. Our accountant in Germany has raised a red flag advising that we must use a new format. However, I am in US and unfamiliar with the work flow and handling of the SEPA XML file. No guidance that I can understand has been provided to me.   

Dear All, I have an issue when transferring the maintenance time transactions in IFS 08. In the maintenance posting analysis, the Status code is "Valid” and the Booking Status is “Authorized". However, the below 2 transactions do not go to the GL when running the “Transfer Maintenance Time Transactions”. The background job is running without an issue with the "Ready” status. Postings are Authorized in the work order (Postings Tab).The voucher type has been created for these transactions. These are the only 2 left in the system without hitting GL. All other transactions were hit to the GL without an issue. Here, Everything is fine with posting and all related data. Please assist with your expertise to resolve this issue.Thank you everyone in Advance. 

Hi All, Can anyone explain how does this work and when does this field called “Accumulated Auth Amount in Acc Curr” gets updated?  Thanks :)

Hey everyone!Our company is experiencing an issue when sending customer invoices from our Italian office to Pagero.  In a nutshell, this is what happens:Invoice will not load successfully in Pagero if any of the following are present Discount on the customer order line A charge exists on the Charges tab on the Customer Order (Freight, etc.) If the invoice does not contain either of those, Pagero will load the invoice with no problemIn the past, our Italian office has engaged with IFS and Pagero to attempt to fix this.  Unfortunately, a fix was never discovered.  This seems to be an issue with the XML from IFS being formatted improperly for what Pagero is expecting from an incoming customer invoice.  IFS has sent deliveries in the past to address this but again, not luck.   Has anyone experienced a similar issue  and if so, any tips or tricks on how to resolve this?  Thanks!

Hello I have a situation with a bank reconciliation from 2021 and another from 2023 that share the same Matching ID, is it any way to configure the Matching ID number to avoid the situation in the future? Thank you in advance Hector   

HelloI am trying to figure out how to post an external supplier invoice that has been paid (in 2021) in preliminary status, and only one out of the two lines has been posted.  Therefore, I want to correct this error, but I am not sure how. Also, I need to update to GL in 2023 Any thoughts? 

Hi,I have a question about purchasing and invoice processing.Our supplier creates the invoice and waybill on the same date. We receive the products on the date they arrive at our warehouse. However, since the invoice date is before the receipt date, we cannot process the invoice in the system. Why does IFS not allow this?Thanks a lot,Âdil

Hello Experts, Currently the maximum limit for remittance items for supplier check is 10.   Do you have any suggestions for a customer who is asking more than that. They already use he remittance code as  ‘Separate’ and still not happy with that. Are there any already provided customizations?  Thanks.