I have reviewed a few of the posts on the Community as well as the online documentation for transferring fixed assets in IFS. I tried tested the functionality for transferring one object between companies and received the following error message when creating the transaction:Does anyone know why I would receive this error? I am not sure why the acquisition value would be reversed twice in the FA book.Am I missing some configuration somewhere? I have set up the fixed asset book mapping for each of the books tied to the asset. I have added posting controls FAP51, FAP52, FAP55 and FAP56 as I am wanting to do an intercompany transfer of the object using the gross method.We are using IFS Apps10 UPD10. Any help would be appreciated.Thanks,Monique
We are importing the fixed asset subledger into IFS for an entity that has an Asset Retirement Obligation (ARO) asset with a negative balance. The asset came to have a negative balance after a valuation adjustment at the end of 2022.IFS does not allow you to import a negative cost or a positive accumulated depreciation resulting in a negative balance on an asset.Does anyone else have an issue with ARO objects having a negative balance and how are these dealt with in IFS?Thanks,Monique
I am trying to send project costs from one company to another using the MCPR functionality. I have created the project costs and the project invoice. I have successfully sent and released the project invoice using the MHS media code. However, the supplier invoice is created without the posting information.The projects have been linked and the posting controls have been set up. The MCPR revenue reporting method has been set to “Project Invoice” on both the employee and customer projects. The MHS media code has been added on the supplier record for the appropriate company.Does anyone have any idea why the posting information would not be populated on the supplier invoice? I am obviously missing something in the setup but cannot figure out what.Thanks,Monique
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