Dear IFS Community, I need your help. Our customer needs a unique (or maybe not so unique) setup in our project management resp. financial project. The figures are.EstimatesSales: 3000Costs: 2000Margin: 1000The margin in %: 66,67 %. Project type is: Capitalize Expenses Revenue Recognition Method is: Actual Revenue. Contribution Margin: 0%. In the Periodical Capitalization posting, costs and the calculated costs (from sales) will be posted to unfinished goods vs. WIP. So far so good. But the problem is, if a customer invoice has been posted with sales from 2000, IFS should reverse the proportionally costs from WIP against unfinished goods. In our example should it be the 66,67 % from the 2000 EUR Sales = 1333,4 EUR. Calculation:Booked sales: 2000 EUR * 66,67% = 1333,4 EURThe cost of sales with 1333,34 should be reversed from the WIP accruals.IS THIS POSSIBLE IN IFS? And IF this is possible, what are the correct setups? Second point is that if we have booked real costs about 1200 EUR but
Dear Community, I need your help again. A Fixed Asset Object will be sold with voucher date 15.2.2024. The depreciation costs are booked until 28.2.24. Process in IFS:When the Object has been sold, IFS repost the depreciation cost from the balance sheet account for February. Problem is that IFS takes the full amount of February instead of a proportion amount only. Some figures:Acquisition at 01.01.23: 10.000 EURAccumulated Depreciation until 31.12.23: 1667 EUR.Depreciation costs in February until 29.2.24: 138,89 EUR The question is now, the depreciation costs for February are booked with 138,89 on the B&S and P&L account. If the object has been sold, IFS retransfers the 138,89 EUR from B&S account to a "sell account". The issue is that the cost are booked with 138,89 EUR for the full February instead of only proportional: 138,89 EUR / 29 days * 14 days = 67,05 EUR. Does anybody knows a nice solution for this? I have found nothing in the FA books or depreciation method to
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