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: Ensure the interest on IBA calculation.
Table of contents
Scope
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ERP
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Frequency
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References
Forms
Attachments
<< I send the interest calculation to the affiliate (WP1 and PF1 systems). >>
1. Objective and Scope
1.1. Objective of this Operation
Ensuring that the intercompany interests on IBA are calculated accurately on a timely manner and providing affiliates with their interests notes in order for them to record it in their accounting (entities non under PI1)
This process is required on a monthly basis on Day -1.
1.2. Scope
This procedure is under the responsibility of the SU Treasury Accounting team who also needs to ensure the replication in the affiliates. It applies to:
Code | Entity | Country |
2232 | Syensqo SA - Treasury Division | Belgium |
4044 | Solvay Finance America | US |
2. Definitions
See Finance Glossary:
IBA - Internal Bank Account
PI1 - SAP Treasury Production System
BOIC - Business Object Intercompany Consolidation
Spool - SAP extract
3. Tasks description
3.1. I perform the sending of the interest calculation.
3.1.1. I run ZZF_READ_OUT
Run transaction ZZF_READ_OUT. In this step, the transaction will send the information of the interests previously calculated to post in the different ERPs – we may have a relay calculating in PF2 and affiliate in WP2. This transaction will send out the information of items to post. Purpose is to ensure completeness of the mirroring process in the affiliates' books.
In company 2232 it releases to other systems, variant INT_REPLIC_SCO.
4044 is already included in the same variant as 2232.
After this, use the same transaction to transfer via IBA, by choosing variants:
INT_IBA_4044
3.2. I post the interest calculation in the affiliates' system.
3.2.1. I run ZZF_READ_IN
Run transaction ZZF_READ_IN. In this step, the transaction will receive the information to post in the different ERPs (in the Affiliates' side) – Execution to be ensured in PF2, and WP2. This transaction will post the interests in the affiliates' books.
These variants allows the transfer of all data: INT_REPLIC_SCO & INT_IBACICC_SC.
3.3. I generate the Interest Notes to affiliates using Z3CTB / ZINTERET / Sending Interest notes in background and monitor with SM37.
3.3.1. I Run ZCMPC
The Interest Notes can just be sent after all IBA statements have been generated.
Run ZCMPC
Click on "Send the interests notes".
The following screen will appear – update financial company code 2232. In the "Pmnt advice printer" field insert ZPDF
Unselect field "CICC printing copy"
Insert the address image.archive@syensqo.com in the “Send a copy to” field (this is a general mailbox, where we keep all the notes, could be used during the audit period or general affiliates' requests). Also change sender email to treasury.accounting@syensqo.com.
Start the program in Background.
3.3.2. I run SM37
Monitor progress via transaction SM37.
3.4. I post the interests in the affiliates ERP
3.4.1. I run ZZF_READ_IN in PF2 and WP2
Run transaction ZZF_READ_IN, in PF2 and WP2, using parameters below and make sure to select the documents that come from PI1 (D3 documents).
If the the interest program needs to be run again, when performing this step in PF2 and WP2, make sure to select only the new documents posted in PI1 to avoid having duplicated postings.
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