I’m assuming the correction invoice you receive is purely for a price adjustment and not releated to any returns. You should enter the invoice / credit as a normal invoice. The posting proposal created will not be able to do any matching as the receipt has already been matched. If you go to the posting proposal then you can select the purchasing / price adjustment purchase menu option This allows you to match the correction invoice against the relevant original delivery and create price variance postings (or cascade the variance) depending on the part setup.
Have you looked at Interim Posting of Outstanding Sales? This should create a revenue accrual for the COGS that hasn’t yet been invoiced. Alternatively the “Outstanding Sales” sales window will show you where a COGS has been posted but not invoiced so you can manually reverse the posted COGS using an interim voucher.
Is this what you are looking for?
Hi, The drop down “Purchasing” menu has an option “Matched Receipts” which will show you the receipts the invoice has been matched to. However, this option is only displayed when the invoice is finally posted. The invoice in your screenshot is preliminary posted so you don’t have the option To see the receipts the invoice has been matched to whilst it is still in a preliminary status you need to click on the posting proposal button for the invoice and go down to the posting lines at the bottom of the window Once the posting proposal has been authorised and you have run the “Final Invoice Posting” process then the matched receipts option should be available on the invoice.
In Apps 10, IFS introduced the concept of event based revenue recognition for projects. Basically you link revenue and costs to a project and set the project to be capitalised. Each IFRS15 performance obligation is held as an event with an associated revenue and cost. IFS will recognise the relevant revenue and cost when you mark an event as fully or partially completed. I’ve attached an presentation I put together a while ago that tries to explain how it works.
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