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, singapore, south_korea, thailand, indonesia, new_zeland
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
- 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)
- Labels to be used: country_accounting, france, financial_accounting
- E.g. 1: WW Operation in Financial Accounting under domain "Central Finance Processes & Compliance":
3. Fill in all fields as described above
4. Once the description of the operation is completed, ensure it is approved and published by launching the SBS-Finance approval workflow
Domain: Country Accounting
Responsibility area: N/A
Scope
ERP
Frequency
Monthly
References
Forms
Attachments
Previous OP << PT SCo - Tax Authority - Withholding Taxes >> Next OP
1. Objective and Scope
1.1. Objective of this Operation
The purpose of this document is to help you perform the calculation of the amounts regarding withholding taxes that need to be payed to Portuguese Tax Authority (AT).
1.2. Scope
This procedure applies to the following Portuguese companies in PF2 and WP2:
6414: SOLVAY BIOTECNOLOGIA PORTUGAL - UNIPESSOAL, LDA --» WP2
6424: SLV SPECIALTIES PORTUGAL, UNIPESSOAL, LDA --1» PF2
2. Definitions
See Finance Glossary:
3. Tasks description
This procedure consists in 2 parts basically. The first is to collect the information from SAP and fill in the excel file to help in submission.
The second part is to submit the information collected in Tax Authority site and generate the declaration for payment.
3.1. Responsibilities
CAM or ACP delegated – Prepares all information and submits the declaration.
CAM – Does the payment.
3.2. Periodicity
This declaration and related payment to Tax Authority must be done until day 20th of M+1. In order to enable CAM to have time to do it, the deadline for Accounting Platform to send the information to pay is the 10th of M+1.
3.3. I extract SAP information
Use the excel template file stored in Google Drive (the file its used for both companies):
6414 - Retenções
6424 - Retenções
3.3.1 I Verify the postings in SAP
Go to transaction FBL3N, and use variants:
IMPOSTOS 6414 - for company 6414;
IMPOSTOS 6424 - for company 6424.
Verify if all documents have text written. Example for 6424:
3.3.2 I use the macro to extract the data from SAP
To extract the information from SAP, click on "Extract Macro PF2" in sheet "Extract PF2".
To extract the information from SAP, click on "Extract Macro WP2" in sheet "Extract WP2".
After the macro is done and you receive the message "Process is complete", check the header information in the sheet for each company, if the reporting month is correct.
Example for 6414:
Also, if applicable, at the end of the quarter, we need to perform two declarations, due to amounts related to royalties in account 2452000000.
Royalties are reported in a separate declaration, as we need to flag the option "Retenções a não residentes").
Only if Macro isn't working
Go to transaction FBL3N, and use variants:
IMPOSTOS 6414 - for company 6414;
IMPOSTOS 6424 - for company 6424.
