Enter Pre-Posting, Purchase Requisition Line

Explanation

Whenever a financial transaction takes place in the system, the postings concerning it are created by the predefined posting types and rules defined in IFS/Accounting Rules. This means that you do not have to do anything manually as long as you have defined your rules correctly.

However, sometimes you want to decide a code part value, depending on specific purchase requisition information, i.e., you choose not to define a rule for this code part for all posting types affected, or it is not possible to define a rule. In these cases, you must manually establish the relationship between the code part and the purchase requisition line by entering a pre-posting connected to the purchase requisition line. The code part value that you enter as a pre-posting for the purchase requisition line will then affect several postings created for this purchase requisition line. An example where pre-posting is used is with customer orders for which you want the postings to include a specific project in the code part Project for all postings concerning the selling. Another example is a purchase order for which you want the postings for purchasing to be charged to a specific cost center.

The postings that will be affected by the pre-posting are generally all postings concerning expenses, revenues, and WIP. This is determined in the Business Event/Posting Info tab, where you can see whether or not a posting for a specific system event is affected by the pre-posting on the purchase requisition line. Note that pre-posting will generally not affect the inventory cost postings (M1 posting). Pre-posting will be used when posting transactions registered for non-inventory parts, no-number parts and eventually overheads. An exception to this are transactions related to material connected to a project. Pre-posting will also be used for inventory parts with ownership Company Rental Asset since the postings for these are the same as for non-inventory parts. When mandatory pre-posting is set up for posting type M100 this implies that only non-inventory parts and no parts will be considered.

Basic financial data and sets of rules for IFS Applications are managed in the IFS/Accounting Rules. Besides the regular rules you also have to define whether you want to use the pre-posting functionality in IFS/Accounting Rules. This is done by entering a specific posting type for each order type (see Prerequisites) and the code parts for which it should be possible to enter pre-posting.

If you try to enter a pre-posting for an purchase requisition line and have not defined the use of pre-posting in IFS /Accounting Rules you will receive a message that tells you that pre-posting is not used for this order type in the posting control. Initiate the pre-posting function in the Posting Control window. Indicate the appropriate posting type for the code parts you intend to alter.

Prerequisites

System Effects

A relation is established between the code part and the purchase requisition line by entering a pre-posting connected to the purchase requisition line. The code part value that you enter as an pre-posting for the purchase requisition line will then affect several postings created for this purchase requisition line. The postings that will be affected by the pre-posting are generally all postings concerning expenses, revenues, and WIP. Postings for non-inventory parts and no-number parts will be affected. The postings for inventory parts will not be affected unless they are connected to a project or if the ownership of the part is Company Rental Asset.

Window

Purchase Requisition

Related Window Descriptions

Purchase Requisition
Requisition/Part Requisition Lines
Requisition/No Part Requisition Lines
Pre Posting
Pre Posting/Post

Procedure

Initiate pre-posting in IFS/Accounting Rules.

  1. Open the Posting Control window and select New.
  2. Either enter the posting type or use the List of Values to select it.
  3. Either enter the code part on which you want to do pre-posting or select it from the List of Values.
  4. Either enter the appropriate control type or select it from the List of Values.
  5. You can optionally indicate a default value for the control type.
  6. Save when completed.

Enter pre-posting on the purchase requisition line.

  1. Select the line on which you want to make a pre-posting.
  2. Select Pre-posting Line... in the Operations menu.
  3. Click List to indicate the code part value in the Pre-Posting window. To confirm, click OK.