Report from IFS to support Cash Accounting

Hello ​@12Guide_PaulB 

to support a similar process in one of my project in IFS9, I added a custom field in mixed payment lines with enumeration. The enumeration values are type of cost. Whenever there was a supplier payment the user selected type of payment. In my case, payment orders was not implemented. Supplier payments were entered per line.

Then with a quick report, it was reported to user. 
This may not be best solution but It might give you some idea.

regards

Furkan

Hi, 

My self and coworkers have done countless US clients.   I don’t recall any client that uses the cash accounting method.   I believe one of my clients had a subsidiary that “was” previously using cash method. - The key take away - is the sub was previously using cash method.   For the IFS project, we moved away from that. Cash accounting for a typical US company is unusual, especially for any client big enough to use IFS.  

If this was my client, persuade them to make a better decision. When moving to IFS it would be natural to adapt to more common processes. 

Best regards, 

Thomas

Thank you Furkan and Thomas for your response. Our customer will use accrual accounting in IFS Cloud but need to do cash accounting in parallel, outside of IFS. We want to use IFS Cloud in a standard way. I think it should be possible to create a quick report with the necessary details.