Replies posted by Adam Bereda

640 Replies

L
Sidekick (Partner)
Lakna KSidekick (Partner)
asked in Finance (Financials)

Allocate cost to multiple cost centers

Difficult without access to your environement. In step selection criteria you should select costs to distribute: rent and wages (by account?). And step should have period balances selection type.

3
A
Hero (Customer)
1 day ago
L
Sidekick (Partner)
Lakna KSidekick (Partner)
asked in Finance (Financials)

Allocate cost to multiple cost centers

If you do it monthly, periodical cost allocation procedure step with manual distribution key for cost center following  # of calls will do this job. 

3
A
Hero (Customer)
1 day ago
T
Sidekick (Partner)
ThejSidekick (Partner)
asked in Finance (Financials)

Adjustments in period 13

Please retry. System should change period to 13 if you change user group to YE. 

4
A
Hero (Customer)
1 day ago
A
Do Gooder (Partner)
AbdessamadDo Gooder (Partner)
asked in Finance (Financials)

Run Code string Completion

Which window you are referring to? In general, codestring completion is internal connection between code part values of various code parts, which should appear together in the posting entry - so entering value in one code part will populate connected values in other code parts.

1
A
Hero (Customer)
4 days ago
A
Do Gooder (Customer)
andrei.borromeoDo Gooder (Customer)
asked in Finance (Financials)

Revenue Recognition

Hi,I believe you need corresponding project in parent, with budgeted parent margin and manual progress indication (as mentioned in the other topic you have created)

4
A
Hero (Partner)
1 day ago
A
Do Gooder (Customer)
andrei.borromeoDo Gooder (Customer)
asked in Finance (Financials)

Manual POC

Hello,Are you using Revenue Recognition tool for projects? PoC (Percentage of Completion) is a key term in this process. One of the revenue recognition metod is calculation based on budgeted revenue (as planned revenue multiplied by project progress percentage, and this progress (PoC) can be either based on actual project cost (vs project cost budget) or provided manually. 

3
A
Do Gooder (Customer)
4 days ago
L
Sidekick (Customer)
LisaTSidekick (Customer)
asked in Finance (Financials)

partial payment rollback previously closed year

Partial rollback of payment does not touch bank account - and bank reconciliation  in fact - it only converts payment for an invoice to a parked payment.In your case, in rollback window you should select both advance invoice and CUPIA (payment in advance) item created as result of payment of customer advance invoice.

5
A
Hero (Customer)
11 days ago
L
Sidekick (Customer)
LisaTSidekick (Customer)
asked in Finance (Financials)

partial payment rollback previously closed year

As per my understanding, Rollback option is greyed when transaction is matched in bank reconciliation. Once unmatched, option is available and shows transaction to rollback selection window, with rollback voucher date in header. And only from there you can get “Period closed” error message - if you NOT change the date (default is original payment voucher date) 

5
A
Hero (Customer)
11 days ago
F
Sidekick (Partner)
FEKTSIRYSidekick (Partner)
asked in Finance (Financials)

Financial Project Completion

OK, so I hope your problkem is solved. You can mark topic as answered

7
F
Sidekick (Partner)
11 days ago
L
Sidekick (Customer)
LisaTSidekick (Customer)
asked in Finance (Financials)

partial payment rollback previously closed year

Do not you have an option to change voucher date at partial rollback?

5
A
Hero (Customer)
11 days ago
P
Sidekick (Partner)
pratik.b.shahSidekick (Partner)
asked in Finance (Financials)

Currency row is mandatory for pay accounting row

I do not think it is restriction, it is rather defect of the IFS code. That’s why I suggested raising support case.

6
P
Sidekick (Partner)
15 days ago
M
Do Gooder (Customer)
ManilkaPDo Gooder (Customer)
asked in Finance (Financials)

How to generate the external file template in excel ?

I am usually exporting details of the template to Excel (through Output channel) to get column headers for my Excel template.

2
Link
Superhero (Customer)
17 days ago
A
Do Gooder (Partner)
AbdessamadDo Gooder (Partner)
asked in Finance (Financials)

Opening balance sheet import - External voucher

Just one remark - usually, you should load separately opening balances of ledger accounts via their dedicated flows (supplier invoices, customer invoices, mixed payments, fixed assets import etc.) and only non-ledger accounts via manual voucher. Dedicated bridge account can be used to tie open items with remaining part of trial balance. Therefore, using function group Q is not necesseary, you can use regular M voucher instead. 

3
A
Hero (Customer)
1 month ago
F
Sidekick (Partner)
FEKTSIRYSidekick (Partner)
asked in Finance (Financials)

Financial Project Completion

If you enter 100% as completion percentage, is your closing voucher balanced?

7
F
Sidekick (Partner)
11 days ago
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)
11 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)
15 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)
15 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)
1 month 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)
1 month 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
G
Superhero (Partner)
1 month 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
G
Superhero (Partner)
1 month ago

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