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
- 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. 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
Responsibility area: N/A
Table of contents
Scope
ERP
Frequency
References
Forms
Attachments
<< US - Quality Checks BFC >>
1. Objective and Scope
1.1. Objective of this Operation
Before publication it is necessary to check these schedules on BFC:
L3020 - Other financial assets
L3025 - Current Assets - Write-down
L3050 - Other debtors - Gross
They can not have balance at same time in the flows on the same heading:
F20 (+) with F30 (-) = It is necessary to be value just in one;
F25 (-) with F36 (+) = It is necessary to be value just in one;
This check must be done on D+3 when company is balanced in BFC with no blocking controls.
1.2. Scope
This validation is necessary for the following US companies:
SCI = 4290, 4291, 3384, 5650, 6028;
SNA = 4045 and 5718;
SSP = 5782 and 5844;
2. Definitions
See Finance Glossary:
3. Tasks description
3.1. I Verify the BFC Package
3.1.1. I Verify The Specific Schedules
Enter in BFC Actual 2 package in schedule L3020, L3025 and L3050 and inform the net value for the flows:
F20 (+) with F30 (-)
F25 (-) with F36 (+)
3.1.2. I Verify the Schedule L3050 - IFRS 16
CHECK for heading L16810 – clear the F20 and F30 if they net 0. According to GAR, this heading can not have values on these flows after 2019 due to IFRS 16.
After that, the validation is completed.