+3Hi Community
In the process for Clear Revenue/Cost Balance, IFS is currently configuring with the GP8 Posting Control based on a Fixed Value.
We would like to use the “GC3 - Ledger ID” control type for add a 2nd option (One in case of profit, one in case of loss)
I can’t figure out how create a new Ledger ID to use it correctly, could you please help me to solve this problem ?
If you have another idea to solve this problem it would be perfect.
Regards
Best answer by Furkan Zengin
Hello
Ledger ID represents internal ledgers and GL ledger. Let me send you an example of ledger IDs. If you do not have internal ledger defined then no sense to use GC3 control type.
Coming back to your problem, unfortunately IFS does not have function to post balance based on its value. None of control type checks whether the balance is negative or positive. You need to manage it manually either by changing value of GP8 or creating a new voucher to transfer balance from account to another.
Hope this helps
+21Hello
Ledger ID represents internal ledgers and GL ledger. Let me send you an example of ledger IDs. If you do not have internal ledger defined then no sense to use GC3 control type.
Coming back to your problem, unfortunately IFS does not have function to post balance based on its value. None of control type checks whether the balance is negative or positive. You need to manage it manually either by changing value of GP8 or creating a new voucher to transfer balance from account to another.
Hope this helps
+3Thank you for your’s quick answer
We are commited to continue to manage it with a new manual voucher in this case
Hello
Can you show an example of how system works with GC3 as control type ? I am setting up the IL at the moment and since IL was already activated without being used in the client’s company for the past 5 years and they have not closed years on IL ever since, I am closing past years and when I run the clearing action, I get a msg saying “balance is zero” even if there are amounts on cost and revenue accounts in IL (setup “keep” was used in previous years).
I am wondering if the msg shows because I didn’t set a specific account for GP8 to work with IL
Thanks for your help
Tanya
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