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 Financial results monthly closure
Table of contents
Scope
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ERP
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Frequency
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References
Forms
Attachments
<< I analyse the results from file "Financial Results". >>
1. Objective and Scope
1.1. Objective of this Operation
Analyze and control the IFRS and Underling Group Financial Results
1.2. Scope
All consolidated companies
2. Definitions
See Finance Glossary:
- ..BFC
3. Tasks description
The purpose of the procedure is to analyze and control the IFRS and Underlying Group Financial Results.
\\lucapfs01sco.oxo.priv\LUCAP-USERS\Financial Controlling & Cash Accounting process\7 - Financial Controlling\3 - Monthly closing\2 - Treasury and net debt\20YY\MM.20YY\Financial Result
3.1. Analyze and control the IFRS and Underling Group Financial Results
3.1.1. Perform a BFC retrieve
In order to have the data for the month, go to sheet "BFC Retrieve", select the column of the current period being closed and retrieve "in cell range".
3.1.2. I analyze the results of the month in comparison to the previous month
After the data retrieve, go to sheet "Analysis" and compare the amounts with the previous month, if the data is accurate and correct.
3.1.3. I analyze the results of the month in comparison to the budget and forecast
Last step is to check sheet "Presentation Reporting" and compare the amounts with the budget and forecast and understand possible differences.
This report is also used in the quarterly presentation "SYENSQO Financial Instruments and Financial results Reporting - MM.20YY" prepared by the team and shared with GAR, and it's stored in G Drive.
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