Enter pre-posting, Purchase Order 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 order information, i.e., you choose not to decide a rule for this code part for all posting types affected or it is not possible to decide a rule. In these cases, you must manually establish the relationship between the code part and the purchase order line by entering a pre-posting connected to the purchase order line. The code part value that you enter as a pre-posting for the purchase line will then affect several postings created for this purchase line. One example where pre-posting is used is customer orders where you often 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 where you want the postings for purchasing to charge 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 on Business Event/Posting Info window, where you can see whether a posting for a specific system event is affected by the pre-posting on the purchase order line, or not. 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 M102 this implies that only non-inventory 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 what code parts for which it should be possible to enter pre-posting.

If you try to enter a pre-posting for a purchase order 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 entered for this order type in the posting control. Initiate the pre-posting function in the Posting Control. Indicate the appropriate posting type for the code parts you intend to alter.

The pre-posting can either be entered on the header or the line. The advantage of using the pre-posting on the header is that the pre-posting value is valid for the lines as well. However, this assumes the lines are added afterwards. If both header and lines are already entered, you must do the pre-posting on each line.

To simplify the reading of the necessary procedure (below), note that there are two different procedures available for pre-postings in the Purchase Order and in the Purchase Order Lines windows.

Prerequisites

• You have to specify that pre-posting is allowed. Do this in IFS/Accounting Rules, Posting Control. Add the posting type M102, Pre-accounting purchase order line. Also specify a control type by using the List of Values.
• The purchase order header and at least one order line must have been entered and saved.
• The appropriate purchase order line must be selected.

System Effects

A relationship is established between the code part and the purchase order line by entering a pre-posting connected to the purchase order line. The code part value that you enter as a pre-posting for the purchase order line will then affect several postings created for this purchase order line. The postings that will be affected by the pre-posting are generally all postings concerning expenses, revenues, and WIP. A record will be created in the line history to indicate that pre-posting was changed. 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 Order
Purchase Order Lines

Related Window Descriptions

Purchase Order
Purchase Order/Part Order Lines
Purchase Order/No Part Order Lines
Purchase Order Lines
Pre Posting
Pre Posting/Posting

Procedure

Initiate pre-posting in IFS/Accounting Rules.

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

Enter pre-posting on the line.

1. Select the line on which you want to make a pre-posting.
2. Click Pre Posting Order Line in the Operations menu.
3. Click the Posting tab in the Pre Posting dialog box.
4. Click List to indicate the code part value. Click OK to confirm.

Enter pre-posting in the Purchase Order Lines window.

1. Populate or query for the purchase order for which you want to make a pre-posting.
2. Select the order line for which you want to make a pre-posting.
3. Right-click and then click Pre Posting.
4. Click the Posting tab in the Pre Posting dialog box.
5. Click List to indicate the code part value. Click OK to confirm.