Prepare Sources from IFS Financials

Explanation

Before ordering a snapshot the information in the automatic cash plan sources need to be prepared and up to date.

From IFS Financials the following Cash Plan Sources, Sub Sources and Sub Source Statuses are available.

Cash Plan Source Cash Plan Sub Source Cash Plan Sub Source Status
Input from Account Payables Supplier Checks Created
    Printed
  Supplier Payment Orders Unpaid
  Supplier Invoices Authorized
    Unauthorized
Input from Supplier Prepayments Supplier Advance Invoices Paid
    Planned
  Supplier on Account Payments Parked Payments
    Payment in Advance
    Payment on Account
Input from Accounts Receivables Customer Payment Orders Unpaid
    Created
    Printed
    Sent for Cashing
  Customer Invoices Unpaid
Input from Customer Prepayments Customer Advance Invoices Paid
  Customer on Account Payments Parked Payment
    Payment in Advance
    Payment on Account
Input from Cash Account Balances Cash Account Balances Balance
Input from Opening Project Balances Customer Payments Paid
  Supplier Payments Paid
  General Ledger Transactions GL_Updated
  Supplier Prepayments Paid
     

GL Configuration for Cash Planning

This page is used to configure project-connected vouchers that are updated to the general ledger. Cash flow information will be fetched from the General Ledger Transactions sub source based on the voucher type, account and date that has been set for a particular company on this page.

Project Payment Details

This page is used for project-level planning for Actual/Partial payments related to suppliers and customers. To use the Actual/Partial payment details of the projects in the Cash Plan detail analysis, the Actual/Partial Payment Option needs to be enabled on the Cash Planning Parameters page

This page lists all the supplier/customer invoices and related payments connected to a Project. The payment amount of the connected projects in the invoice will default in the Payment Transaction Proportions level once the page is updated using the Update Details command. Default project payment proportions can be changed once it is updated to be fetched in the Cash Plan Details.

Supplier Prepayment Offset Plan

This page is used for planning supplier prepayments against future payables and the page lists all unmatched supplier prepayments.

This page allows planning setoff dates against the final supplier invoices and makes it possibe to plan the prepayments in Projects, Project Activity and Cost Revenue element level in the Offset Plan.

Cash flow information from the Supplier Prepayment cash plan source in Cash Plan Details will be fetched from the Supplier Prepayment Offset Plan. All paid supplier prepayments which have project information will be fetched from the sub source Supplier Prepayment under Opening Project Balanes cash plan source.

 

Prerequisites

To perform this activity:

System Effects

As a result of this activity, automatic cash plan sources will be prepared and up to date.