IFS Financials - Financial Analysis
ABOUT THIS COURSE
This course provides a comprehensive understanding of the Financial Analysis functionality of IFS Financials related to the IFS Applications.
Target Audience
Those who need to identify and state the essential decisions to be made, basic data to be created and processes involved in the Financial Analysis in support of IFS Financials in IFS Applications™.
- Internal Ledger
- Automatic Posting Rule
- Transfer of Transactions
- Reconciliations
- Account Matching
- Bank Reconciliation
- Tax Ledger Reports
- Currency Revaluation
- Period Close and Year End Close
- Commitment Accounting
- Cash Flow Analysis
- Accounting Structures
- Financial Lobby
At the end of this course, the students will be able to:
- Demonstrate how the Internal Ledger operates
- Set up Automatic Posting Rules
- View transactions from within other IFS modules
- Transfer transactions from other IFS modules
- Correct errors that have occurred on transactions from other IFS modules
- Reconcile Accounts Receivable, Accounts Payable, Inventory and GRNI
- Perform a Bank Reconciliation
- Create Tax Ledger reports
- Update Currencies and run the Currency Revaluation
- Create a Periodic Cost Allocation
- Close a Period and run the Year End process
- Demonstrate how the Consolidated Accounts process works
- Show Commitment Accounting
- Create a Cash Flow forecast
Knowledge: Perfect understanding of the accounts business processes.
Courses: IFS Applications 10 Essentials, General Ledger, Accounts Payable, Accounts Receivable
Courses: IFS Applications 10 Essentials, General Ledger, Accounts Payable, Accounts Receivable
Inquire
IFS Academy Inquiry Text

Track:
- Consultants
IFS Applications Version:
- IFS Applications 10
Module:
- IFS Financials
Course ID:
CS10FINFASDuration:
Classroom - 2 days, Virtual Classroom - 3 sessions (of 4 hours)Type of Course:
- Classroom
- Virtual Classroom