Finance (Financials)

Hi We just received the message from a customer that certain Payment Institutes dont accept payment files with the Pain.001.001.003 anymore. will there be a new format available soon for Pain.001.001.009.?I know that Camt054 version 4 was released with update 15 app10 

Hi Folks,   There is an error in Maintenance Posting analysis. Error: Value is missing or has an invalid time interval for posting type TP1 control type C55 code part B in company 1001.   I have checked the prepostings added to Work order and all are added correctly and also they are in Posting control Navigator.   Can you please help here Thank you !!

Hello, At the moment, if we have a PO with multiple lines, when Finance receive an invoice, they manually enter the invoice against the PO number. IFS will then auto-match that invoice against any receipted line on the PO and if there are 10 lines, there is a 1 in 10 chance of it matching the right line. When it matches the wrong line, Finance have to manually correct it, by deleting the wrong match and finding the correct one. It works well when there is only 1 line, but we have started to look at consolidating reqs into fewer orders, which will create more work, not less for finance. Ideally, we would want to enter the relevant PO Line # when the invoice is entered, so IFS knows what to match it to, but there is currently no option for that. Does anyone have any experience of this and a solution? We are using IFS Apps 8. Regards Shaun

HiI need to create payment terms , that customer must pay 50% in advance .how i can do it ?

We are considering to implement a (QR) scanning solution for QR invoices. We want to scan the QR code and automatically fill in the available information into the specific fields. Is there a standard solution for this? Do we have to use a specific interface instead of the data entry screen? Or is there any other easy way of implementing this?

Hi Guys, I having a trouble with reconciling  Received Not Invoiced Report to GL. Does any of you know exactly which Posting Types should be considered  when matching Received Not Invoiced Report. With some investigation I understand that M10, M14 and M18 should be considered. There are other types of postings like M189 and M196 posted to similar account. But I do not see these amounts related to Arrival charges in Received Not Invoiced Report.   Thanks

Dear community,is it possible to import an external file automatically by “External File Assistant” (Batch process)?In our case the file type is ExtVoucher.  If yes which of these marked fields are necessary? Our fiels are on a local path (not in cloud) while IFS is in cloud.

Hello, Does anyone know of a way to cancel a Manual Voucher? Or if someone uploaded an external voucher to the GL that is not approved yet?   I see no way of doing so, short of posting it and creating a reversal voucher, or in the case of a manual voucher, deleting all rows except 2 lines and doing a debit/credit to the same account/cost center. Just wanted to see if anyone had a trick for this.  In version 9 they introduced this “Cancelled” status but doesn’t look like we can set a voucher to that.   Thanks!

This is probably a simple question to answer, but when does depreciation start for a capex purchase? I always thought it tied to the date of actually receiving the item, or even putting it into service, but I heard from someone recently that it begins when the PO for the capex item is simply released… is that correct?Maybe this is configurable which could explain the different answers, and if so could someone point me to that?Many thanks,Nick

Hi all, Has anyone ever tried to pay a Supplier Invoice in a different currency than the Invoice Currency?We have received an Invoice in Angolan Kwanza, but we don’t have a Kwanza account. Now the bank is rejecting a fx. trade upon payment. Therefore we got the idea to pay the invoice in USD instead. Anyone knows if this is possible to trigger from IFS?

Hi - i would like to be able to query all CUPOA’s entered in Biz10 that have been entered in Mixed Payments.  Is there a way to return a search for all of these types of prepayments?

We need some help with the consolidation process in IFS 10. We have succeeded with some of the steps but there are some issues left, e.g. currency translation and elimination of inter-company transactions. Below I list the steps that we have done.   Map subsidiary accounts (Accounting rules -> Code string -> Accounts field Account group) Specify which months to consolidate in the parent company (Financials - Consolidation -> Group Consolidation -> Balance Transfer and adjustment -> Reporting status) Give permission to employees to perform the consolidation. (Financials - Consolidation -> Group Consolidation -> Consolidation Basic Data -> Consolidation Security)

Hi all, Getting below bug: ORA-20105: Invoice.ACCERROR1: Error (The Currency Posting Amounts for the Invoice XXXXX are not Balanced) occurred while booking Invoice CR XXXXX   How to debug?    

Hi Team,Request you to please help me in executing Bank Reconciliation (Manual/Automatic)  in Apps10.As I am new to IFS, screenshot's of the process or any notes will be really helpful. Thanks in Advance,Rakesh

in instance invoice, user uploaded the invoice , print it but unable to post it . system generated the below error ORA-20105: Invoice.ACCERROR1: Error (The Currency Posting Amounts for the Invoice 202102930 are not Balanced) occurred while booking Invoice II 202102930.the attached file for the information in the database.

Please help me to understand process.. 

Hi all.We are just in the testing phase of setting up ACH payments on IFS9.  I pretty much have the bank file ready, but now I’m trying to automate a remittance advice to the supplier.  Does anyone have any setup information on what needs to take place to make this happen?

Hello to all the Accounting members, we are tying to configure IFS to automatically reverse a GL voucher entry after the first of the month.  This is the classic accrual type of GL entry whereby we make a GL voucher transaction entry in one month and auto reverse it the next month after the actual charges post to the balance sheet.  When creating a manual voucher entry, we do not see anywhere we can set a reversal.  We are on IFS APPS9, UPD16.  How can this be achieved in IFS?  There has to be a way as this is Accounting 101.Thanks!Mark

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

Hello!Could you please explain me what are Code Parts, and What are code strings in IFS Financials? If possible kindly use a practical example for me to understand what do the Code Parts actually mean. Your support is greatly appreciated.Thank you!  

Hello Everyone, We currently generate one invoice per customer order and email the customer a PDF of the invoice during the invoicing process.  Some of our customers have requested we send them just one PDF containing multiple individual invoices.   The customers want a separate invoice number for each order which we believe rules out using collective invoices.  Finance would like to have IFS basically print each invoice into a PDF and merge each new printed invoice into the same PDF so when a customer opens the PDF they’ll see multiple invoices within the same file. Thank you,William Klotz

Hi, I’d like to create a new payment detail in Payment Methods, and in the Formad ID area there are only a few candidates I can pick up(Pic.1), while I’ve already copyed and created a new line in Payment Formats(Pic.2) What should I do in the next?Thanks!   Best Regards  

HiI am using ifs10My thems is IFSIFS THEMS background is whitehow can I change solid colorex: blueor…pls give me help

hello Guys, I would like to know the different types of code parts and the explanation / usage of all of them, or at least most relevant ones. thanks