Topics started by Sadeepa Gamlath

10 Topics

Sadeepa GamlathDo Gooder (Partner)

asked in Finance (Financials)

Currency Revaluation - Supplier Payment in Advance

Does the currency revaluation process take into account advance payments to suppliers (Supplier Payment in Advance)?

27 days ago

Sadeepa GamlathDo Gooder (Partner)

asked in Insights (Business Reporter and Analysis Models, EOI)

Send Business reporter files via schedule job

Hi, I have a customer who wants to schedule job to send customer statement of account (New report created using BR). Is it possible to send BR reports via schedule batch job? Sadeepa

11 months ago

Sadeepa GamlathDo Gooder (Partner)

asked in Finance (Financials)

Two different balances in Consolidation Balance Analysis vs Consolidation Details Analysis

Hi, I have a client in IFSAPPs 10 UPD 16 and using group consolidation module. We get two different balances in Consolidation Balance Analysis vs Consolidation Details Analysis. Consolidation Balance AnalysisConsolidation Details Analysis In Consolidation Balance Analysis cuurent period profit moves to the retain earnings and Details Analysis does not show current period balance in retain earins. Any thoughts would be much appreciated. Thanks,Sadeepa

1 year ago

Sadeepa GamlathDo Gooder (Partner)

asked in Finance (Financials)

Tax implications related to drop shipments (IPD)

Hi Everyone,I have a customer who use direct deliveries to ship goods to the end customer and there are tax implications related to drop shipments.Customer has two different legal entities in Netherland (NL) and Canada (CA). External customer place the order in NL legal entity and customer order created in same site.User creates one customer order in NL site as follows,Issue: As per the taxation rules, we can only tax for the CO line 01 thus it is inventory movement between EU or same country. Line # 2 and 3 should be exempt from the tax. But in IFS tax rules triggered based on the Supply Country on header level. Expected tax resultsIs there a way to trigger the tax codes based on the IPD delivery site or based on the CO line level? Below functionalities tested and could not get the expected resultsIPD setup in customer master Tax classThanks, Sadeepa

1 year ago

Sadeepa GamlathDo Gooder (Partner)

asked in Finance (Financials)

Manual Supplier invoice matching - Additional Authroization step required

Hi, User created PO for QTY 28,764.08 EA and unit price is $1.00. User created two receipts one for QTY 3,500 ea and 25,264.08 ea. For 3,500 ea recevied an invoice and match without any additional steps. Recevied balance QTY 25,264.08 ea and recevied second supplier invoice for only 5000 ea and matched. System is asking for additonal authorization.

1 year ago

Sadeepa GamlathDo Gooder (Partner)

asked in Finance (Financials)

Include credit invoices in supplier payment proposal for ISO20022

Hi, My client wants to utilize the “include credit invoice’ functionality in supplier payment proposal. At the creation of the payment order, system does not allow to process the payment. Does ISO20022 Core template allow to process credit invoices? Payment formats per company Payment Methods Creation of the supplier payment order

2 years ago

Sadeepa GamlathDo Gooder (Partner)

asked in Finance (Financials)

Project Revenue Recognition for T&M projects

Hi Folks, I have a customer who wants to recognize the revenue for T&M projects, as soon as they incurred the cost. Capitalization method is the transaction based. But as far as I know, IFS will not recognized the revenue until we create the project invoice or the Periodical Capitalization and Revenue Recognition job is executed. Is it possible to recognized the revenue without executing the Periodical Capitalization and Revenue Recognition month end activity? -Sadeepa-

2 years ago

Sadeepa GamlathDo Gooder (Partner)

asked in Framework & Experience (Infrastructure, Cloud, Integration, Dev Tools)

Vertex Integration - Jurisdiction Code not fetched

Hi folks, We have a customer who did a vertex integration (O series - cloud version) with IFS APP 10. As per the IFS documentation, system supposed to bring the Jurisdiction Code from Vertex, but is functionality is not working. But when I create the customer order, IFS fetch the tax rates based on the address. Any help would be great. Best Regards,Sadeepa

2 years ago

Sadeepa GamlathDo Gooder (Partner)

asked in Finance (Financials)

Posting Controls - control type C14

Hi folks, I have a customer who updated from App 10 UPD 09 to UPD 11. In update 11 IFS introduced new control type C14. Customer used C13 to segrate their internal and external COGS in posting control M24. But in new update C13 use stat group of ordering customer - Client has scenarios where they change the invoicing customer on customer order to internal customers. Therefore, client cannot use C13 control type anymore, revenue will capture internal AR/Revenue accounts, but COGS will go to external account. Problem - If there is no invoicing customer on Customer order, Control type C14 does not capture the correct stat group. As a result, it will error in distribution and manufacturing side. Any workaround or bug fix? Thanks,Sadeepa

2 years ago

Sadeepa GamlathDo Gooder (Partner)

asked in Finance (Financials)

German VAT setup in APP10

Hi Folks, Does anyone have a solution document related to German VAT setup? I have a client in Germany and they do drop-shipments around the Europ. Any tips would be much helpful. Thanks.

3 years ago

Topics started by Sadeepa Gamlath

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