Tasks to be completed when documenting an operation (from creation to publication)

1. Enter the Title of the operation / page

2. Add the following Labels:

    • Scope of applicability: ww, country_accounting

    • Country or group of countries (if applicable): belux, china, france, italy, lam, nam,uk_ie, bulgaria, dach, netherlands, iberia, poland, latvia, australia, india, japan, south_korea, thailand, singapore, new_zealand, emea_transversal, apac_transversal

    • Unit and Domain according to the List of labels to be used in the Finance Service Line space

      • E.g. 1: WW Operation in Financial Accounting under domain "Central Finance Processes & Compliance":
        • Labels to be used: ww, financial_accounting, central_fin_proc_compliance

      • E.g. 2: France Operation in Financial Accounting:
        • Labels to be used: country_accounting, france, financial_accounting
          (for country operations, the Domain is always country_accounting)

3. Fill in all fields as described above

4. Name the title of each section using OPD methodology naming convention - Infinitive verb without the “to”, mainly action verb...something) -" I do something..."

5. Once the description of the operation is completed, ensure it is approved and published by launching the SBS-Finance approval workflow

Domain:

Responsibility area:

Table of contents 


Scope


ERP


Frequency

 

References



Forms



Attachments




<< BR: PCC and IRRF >>



1. Objective and Scope

1.1. Objective of this Operation


Save all files on the drive, and send the email informing everyone involved in the process, tax time and HR.

The Withholding Tax is a tax obligation in which the legal entity, or equivalent, is obliged to withhold the corresponding tax from the beneficiary of the income. The withholding tax is, in fact, the anticipation of a portion of the tax amounts that must be paid by the contracted company.

Pursuant to article 30 of Law 10.833/2003 and Federal Revenue Normative Instruction No. 459/2004, legal entities governed by private law that make payments to legal entities governed by private law are obliged to deduct social contributions.

Bodies of the direct federal administration, autarchies and federal foundations must deduct at source the payments they make to legal entities, for the supply of goods or provision of services in general

The purpose of this document is to describe the procedure for calculate the PCC and IRRF tax and your gathering withheld of our service providers, also fill the DARF (Documento de Arrecadação de Receitas Federais).


1.2. Scope

Brazilian companies.


2. Definition

See Finance Glossary:


3. Responsibility

Brazil tax time.


3. Tasks description

PCC Tax Assessment (Code 5952): The information to calculate this tax is made through the reconciliation of account 44900939 (FS10N) with the registration in the tax records (ZSAF).

IRRF Tax Assessment (Code 1708 and 3280) (Code 0588 and 3208): The information to calculate this tax is made through the reconciliation of accounts 44900910 and 44900900 (FS10N) with the registration in the tax records (ZSAF).

3.1 Periodicity

The calculation of PCC and IRRF tax it must be submitted for approval on the 17th of each month, except in the months that fall on the weekend.

3.2 Assessment

For this tax we based on the posting date, the extraction of reports is done until the day of the calculation date.

 

The calculation of PCC and IRRF is done by reconciling the balance account 44900939, 44900910 and 44900900 extracted in FBL3N and the balance of the records in the tax records extracted in ZSAF with the variant  MSAF_7523_RETI.

 FBL3N:


in transaction ZSAF, to user variant: 


For this we use the assessment file in Excel that has been developed in order to assist and optimize the process of calculation. We need to compare and analyze the values on SAP (FBL3N) with the ZSAF, because sometimes may have some differences and corrections

We must reconcile a file, with SAP and MSAF data, leave it with exactly the same values, with zero pendencies



After reconciliation, send an email to the rate team, to validate the process, before creating the payment slips.



3.3 DARF Creation- RF

In order to pay this Tax is created a DARF (Documento de Arrecadação de Receitas Federais). The DARF is created per code of the tax, and be on the file excel on tab 


“DARF”, needs to be filled in according to the values ​​found in the file

3.4 MC Creation

After the value of the assessment is validated by André Figueiredo ,will be created the MC for payment of PCC and IRRF in the transaction ZWFA02E, it's good to use the previous month's MC as a reference to copy.


Insert Informations.


3.5 E-mail for approval

After the creation of MC, must send a ticket with an email to the fiscal team with the tax amount to be paid, due date and the MC number that was generated and is awaiting approval. Attached the assessment file performed and the DARF’s both in PDF.

End of document.

 

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