WW IFRS 16 - ARA reconciliation

Table of contents

1. Objective and Scope

   1. Objective of this operation

   2. Scope

2. Task description

   1. ARA item reconciliation

1 - Objective and Scope

Objective of this operation

The purpose of this task is to ensure that all items in AODocs (previously we use t-code for Analyze and Reconcile Account or ARA) related to IFRS 16 accounts are properly reconcilied for audit purpose. This should be done according to the deadline shared by General Ledger team, but normally it's until D-5.

Scope

This procedure is applied to all WW companies under IFRS 16.

2 - Task description

ARA item reconcilition

To Reconcile ARA, access AODocs - FSL Account Reconciliation Tool Repository and select "To be Reconciled" for opening items or "All Document" for all status items.

The red circle in column "State", if the status still be "To be Reconciled", it means that ARA still needs to be performed.

In the next step, for the following "Responsible Team" – "SU MAC I&D Accounts", if in the GL reconciliation extract file by CAM, there is the related IFRS 16 accounts (Please see related accounts below), which over the threshold and need to be reconcile.

For the reconciliation, clicking   and then choose "Attach" to attach the Rollforward Excel for the specific company code.

After finish upload the file, clicking on the "To be Reconciled" and "Send to Reviewer"

Then comment in the answer, for example: Please find attached the Rollforward of the RoU debt and lease liabilities.

Now the status will be changed to "To be Reviewed", that means the document has been sent to the Reviewer and the accounts have been reconciled.