Hello there, we are in IFS Cloud. We are using the "Bad Debt Management" screen to "Transfer Bad Debt". The voucher created behind the scenes is;Dr PP15 Bad Debt ExpenseCr IP2 Trade ARHowever, we are looking for a bad debt provision function in IFS. The voucher we are expecting is:Dr Bad Debt ExpenseCr Allowance For Uncollectible Accounts (Asset Acct)Once confirm the uncollectible payment from the Customer:Dr Allowance For Uncollectible Accounts (Asset Acct)Cr Trade ARIs there a bad debt provision function in IFS that will trigger the JE as above? Thank you!
Hello there, we have a scenario in which company A and company B are sister companies (under the same master company).As required by our business process, Company A must bill Company B, which means the actual invoice will be created and entered into AR in Company A and AP in Company B. I am just wondering how can you net/offset these 2 invoices that are in 2 companies so they don't show up as "not paid" in IFS.We are in IFS Cloud. Please help! Thank you :)
Hello there,We are using IFS Cloud. I am trying to use GL Automatic Posting Rules to post certain revenues (original GL coding will come in via manual customer invoice; voucher F) into other accounts based on a certain percentage. I have set up the "original code string" tab as below. I have allowed the project code part to be "%" to allow any value. When setting up on "Automatic Posting Rows" tab, the below error message popped up. The project code part is not the budget/planning code part and it is in the valid time interval. In this scenario, my intention is to retain the same project code part value from the original posting. The project code part value may vary in the original posting, which makes it impossible for me to set it to a specific value.Can you please help? I would greatly appreciate any insights or guidance you could provide on this. Thank you!
Already have an account? Login
No account yet? Create an account
Enter your username or e-mail address. We'll send you an e-mail with instructions to reset your password.
Sorry, we're still checking this file's contents to make sure it's safe to download. Please try again in a few minutes.
Sorry, our virus scanner detected that this file isn't safe to download.