Replies posted by Adam Bereda

651 Replies

F
Sidekick (Partner)
FEKTSIRYSidekick (Partner)
asked in Finance (Financials)

Financial Project Completion

Hello,If you want to complete full project, I think completion percentage should be 100%… 

7
F
Sidekick (Partner)
24 days ago
F
Do Gooder (Partner)
FekYuvarEDo Gooder (Partner)
asked in Finance (Financials)

Preposting on IP5

I am not sure why such requiest arises? IP5 posting should not be treated as charge to project cost. It should be excluded from project follow-up and therefore it does not require project activity nor cost element.

2
A
Hero (Customer)
1 month ago
S
Do Gooder (Partner)
Sundara.AlagesanDo Gooder (Partner)
asked in Finance (Financials)

Voucher is Balanced at New Payment in Acknowledge Supplier Payment

I think it will be difficult to identify issue on your own. Typically this error is related to rounding of taxes applicable - retained VAT or withholding tax applied on payment. Are those 90 invoices payable to one or multiple suppliers? In mixed payment it is possible to indicate suppplier id for Acknowledge Payment order transaction, and create multiple transactions for same order - aprpoving supplier by supplier may help in identifying problematic invoice. Alternatively, if you have test database, you can increase there allowed voucher difference and see if payment can be posted and how payent voucher looks like.Support ticket may be the only choice otherwise.

3
A
Hero (Customer)
1 month ago
hrdilshan
Sidekick (Employee)
hrdilshanSidekick (Employee)
asked in Finance (Financials)

Zero Balance Account Ralling Forward 2023 to 2024

Just one remark - in case of opening balances transfer to new year, IFS is checking balance at lowest detail level - code string combination. Account could have balance zero, but on debit with one combination of codes and on credit with another one (eg. with cost centers A and B). Such detailed balances, if not needed in next year, should be closed by additional voucher entries.

3
A
Hero (Customer)
1 month ago
P
Sidekick (Partner)
pratik.b.shahSidekick (Partner)
asked in Finance (Financials)

Currency row is mandatory for pay accounting row

Looking at this, it seems automatic offset (advance amortization) did not fetch currency rate for some reason. I suspect that you have default currency rate type indicated for company with EUR rate valid, so this issue looks like a bug. I think support should look at it.

6
P
Sidekick (Partner)
29 days ago
P
Sidekick (Partner)
pratik.b.shahSidekick (Partner)
asked in Finance (Financials)

Currency row is mandatory for pay accounting row

Hi, Pratik, long time no see.IP3 is rule for tax. Do you use tax-specific currency rates in this company? I can see that invoice is in EUR with rate 1, is the advance in same currency? I am not sure what currency rate type is used in this process, but you should make sure that, if EUR is accounting currency of the company, line with EUR rate 1 is present in all currency rate types definition based on EUR currency.

6
P
Sidekick (Partner)
29 days ago
K
Do Gooder (Customer)
Karolina WowakDo Gooder (Customer)
asked in Finance (Financials)

Depreciation of FA in Project Navigator

Nie ma za co, polecam się na przyszłość :)

3
A
Hero (Customer)
2 months ago
H
Do Gooder (Customer)
hreavisDo Gooder (Customer)
asked in Finance (Financials)

GL Balance Analysis Not Matching GL Voucher Rows Analysis

Hello, Without looking at your actual balances and transactions it is difficult to provide decisive answer.Common reconciliation issue is period 0 and preliminary year end process (which does not create voucher rows in period 0). Sometimes voucher types are marked as Simulation vouchers, and in Balance Analysis user is only selecting Normal balances, excluding Simulation. 

6
H
Do Gooder (Customer)
1 month ago
K
Do Gooder (Customer)
Karolina WowakDo Gooder (Customer)
asked in Finance (Financials)

Depreciation of FA in Project Navigator

Hello,I am afraid that (at least in IFS system versions up to 10), it requires customization to connect project activity sequence to a fixed assets object (in preposting/preposting distribution) and post depreciation to a project activity.  

3
A
Hero (Customer)
2 months ago
zakirh
Do Gooder (Partner)
zakirh
asked in Finance (Financials)

Information Message "The Filed 'New Item' must have a value"

Hi, Field “New item” should have default value “FALSE” - unchecked, for supplier or customer payments where no new difference item is created. You can manually check this field and uncheck it to force system to store FALSE value. If the issue is repetitive, it is of technical nature and you need a support case to be raised.

6
F
Superhero (Partner)
2 months ago
zakirh
Do Gooder (Partner)
zakirh
asked in Finance (Financials)

Information Message "The Filed 'New Item' must have a value"

Hello,The field “New item” seems to be hidden behind the error message. I am not sure what is the transaction type behind. If this field is a checkbox, checking and unchecking it can solve the issue. But it can be a result of some other issue as well.

6
F
Superhero (Partner)
2 months ago
E
Sidekick (Customer)
EsayasSidekick (Customer)
asked in Finance (Financials)

invoice matching against PO

So I cannot explain this further. If there’s nothing without tax code, there should be no issue.I know that there’s parameter on company controlling this correspondence between tax code on postings and on invoice line, which I usually switch off (check Company Invoice/Tax information).Without this checkbox selected, validation is not made and this message is not triggered. You can try to extend amount precision in  presentation (showing more than 2 decimals) to make sure amounts are propoerly rounded in posting proposal, but I doubt it is the case here.

11
A
Hero (Customer)
2 months ago
E
Sidekick (Customer)
EsayasSidekick (Customer)
asked in Finance (Financials)

invoice matching against PO

yes it is SE25P in both lines even though the message suggests it is not. Well this seems strange then. Did you check it on both Lines and Posting info  and Cost Postings? Perhaps one line is created somewhere without tax code?

11
A
Hero (Customer)
2 months ago
E
Sidekick (Customer)
EsayasSidekick (Customer)
asked in Finance (Financials)

invoice matching against PO

Please check what tax code is present in posting line (in Optional code field). Is it the one on invoice line, SE25P ? The last error message suggest it is not.

11
A
Hero (Customer)
2 months ago
E
Sidekick (Customer)
EsayasSidekick (Customer)
asked in Finance (Financials)

invoice matching against PO

OK,Is this the only receipt you would like to match with the invoice shown in previous screenshot? Your receipt is worth 356,42 SEK. If you convert this amount to EUR, it will give you around 30 EUR (depending on the rate applied). In the error message system said it is 27.61 EUR.  So it is CORRECT message, value of the receipt is not matching value of the invoice. Matching is managed in invoice currency and so amounts in the message are.

11
A
Hero (Customer)
2 months ago
F
Do Gooder (Partner)
FABPODo Gooder (Partner)
asked in Finance (Financials)

Activation of a new code string

And one more remark - you should be careful setting up newly activated code part as mandatory on account - historical transactions will have this value empty, which will raise errors in case of corrections. 

2
A
Hero (Customer)
2 months ago
N
Do Gooder (Customer)
Ni0910meshDo Gooder (Customer)
asked in Finance (Financials)

Cannot post invoices due to error

Hello,If account is excluded from follow-up, it means it is not considered as cost/expense/charge of a project - we should not have project activity there. If project is fetched from PO, it goes together with activity, so we should have empty project here. Looking at the screenshot:I think project and cost center in line 1 came not from PO preposting, but from posting control or codestring completion. Once again: Account used in M187 posting type will be posted by invoices both with and without project activity, so project code cannot be mandatory here and it must be populated by PO preposting exclusively 

7
A
Hero (Customer)
2 months ago
N
Do Gooder (Customer)
Ni0910meshDo Gooder (Customer)
asked in Finance (Financials)

Cannot post invoices due to error

Hi,In this last screenshot, we can see project activity present in both M187 and M189 postings. It matches then the couple I guess these lines are triggered against M277 line, with currency swap. Looking at this, if we would like to have same account used in this M187/M189 postings, account should have project requirement set to Can, Excluded from Project follow-up to FALSE (unchecked) and and we should make sure that project code and activity id is used together (either PO line preposting and project preposting is excluded - on debit M187 line above, and we should be able to leave project code empty on this posting; or PO line preposting and project preposting is included and we should have project code together with activity).I think you have shared here screenshot of different POs and invoices, because project code is different each time.  

7
A
Hero (Customer)
2 months ago
N
Do Gooder (Customer)
Ni0910meshDo Gooder (Customer)
asked in Finance (Financials)

Cannot post invoices due to error

Hello, From the posting proposal screenshot I cannot tell which posting line is related to which posting type. I suspect that error related to M187 posting is not related to account #29120.If you need to post purchase charges to a project, charge must not be distributed, but connected directly to a PO line with project activity preposting. 

7
A
Hero (Customer)
2 months ago
B
Sidekick (Customer)
bapehuSidekick (Customer)
asked in Finance (Financials)

Consolidated accounts - opening balance transfer - Apps8, Apps10

Hello,Consolidation of opening balances is needed for initialization of currency adjustments functionality (used in case accounting currency of child company is different than mother one), it does not create C voucher in GL of mother company.Period 0 balances in GL Analysis window are created only by GL Year end process (Preliminary or final).Is the period 0 of 2024 the first one you ever consolidate the  COMP1 to parent GROUP? If you did consolidation in 2023, balances are there already in Group GL and all you need is to close 2023, you do not need to create GL voucher from consolidation for period 0, it would double the GL figures in mother.

2
B
Sidekick (Customer)
2 months ago
R
Do Gooder (Partner)
RazanRamzyDo Gooder (Partner)
asked in Finance (Financials)

Accounts Matching - General Ledger

Hello, what transaction can I use to see only the open (unmatched) items on a standard GL account? Hi, @Frank Himpe I think you should query GL voucher rows for specific account where matching id field is null.

9
T
Superhero (Employee)
2 months ago
Asela Munasinghe
Superhero (Customer)
Asela MunasingheSuperhero (Customer)
asked in Finance (Financials)

Application for Payment not refreshed

Hello,Application for payment is created with default zero value. It is up to you to decide what part of the contractual value you are applying for - you can have multiple applications for single contract (typically for individual deliveries or milestones). You should go to Item valuation tab and modify AFP values on item level.

2
Asela Munasinghe
Superhero (Customer)
2 months ago
E
Sidekick (Customer)
EsayasSidekick (Customer)
asked in Finance (Financials)

invoice matching against PO

HelloIndeed, cross-currency matching should work without issues. To help you with, in addition to the invoice, you should show us here receipts you want to match with it - with quantity and price. It would be good to make sure order is in SEK and how receipt was posted (see inventory transaction postings with amounts).

11
A
Hero (Customer)
2 months ago
I
Do Gooder (Customer)
IvanaDo Gooder (Customer)
asked in Finance (Financials)

Applied date correction not alowed

If they are transferred already, you can do nothing more with these transactions.I am not sure if it is possible to cancel inventory scrapping and redo it, if it is - you can leave cancellation in January 2024 and change date of new scrapping to December 23.

7
Ralph Gericke
Hero (Employee)
3 months ago
I
Do Gooder (Customer)
IvanaDo Gooder (Customer)
asked in Finance (Financials)

Applied date correction not alowed

Under Right click, select “Inventory Transaction History..” and then on the Accounting tab you will see transaction postings. There you will be able to see status of postings and reference to voucher in Finance, if they are transferred already.

7
Ralph Gericke
Hero (Employee)
3 months ago

Badges

Show all badges
Terms & ConditionsCookie settings