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

    • 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

      • 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)


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


Table of contents 

By default the table of contents displays Heading 1 & Heading 2 (other levels can be added)



Scope

3. Remove the icon when not applicable


ERP

4. Remove the icon(s) when not applicable


Frequency

5. Remove the icon(s) when not applicable

 

References

6. Add the link to SAP transaction(s) (when it exists)

FBL3N


Forms

7. Insert the links accordingly and change the link text with the OP name

BE - Use of INC (Non-Competition Allowance) - HR Use of provision


Attachments



Previous OP << >> Next OP



1. Objective and Scope

1.1. Objective of this Operation

The purpose of this procedure is to explain how to perform the posting of use of provision for Non-Competition Allowance (in French: INC-Indemnité de non concurrence).

1.2. Scope

This procedure applies to all BE companies that pay non-competition allowance to their employees in SAP-PF1. 


2. Definitions

See Finance Glossary:


3. Tasks description

A non-competition allowance is paid to some employees at the end of their job contract. 

This INC amount was provisioned in the past. 

The non-competition allowance is paid when one employee agrees not to pursue a similar profession or trade in competition against his last employer. 

The posting of the use of provision is: 
 Debit the account 4001000003 (Other post-employment benefits non-competition all)
 Credit the account 6351010001 (Other post-employment benefits-serv cost-use).

3.1. Responsibilities

RtR-BO (change RtR-BO)(error) is responsible for:

  • Performing the calculation and the posting for use of non-competition allowance provision;
  • Checking the posting consistency.

3.2. Periodicity

The posting of the use of provision for non-competition allowance has to be performed on a monthly basis, after the payroll posting, and before the end of the current month (D-2).

3.3. I perform the posting of use of Non-Competition Allowance provision

Each month, you have to confirm there is a posting H0 (payroll posting) on account 6200030600 (Non-competition allowance). 
In PF1: Consult FBL3N: 


1) Choose Variant MO-BE USE INC:

The variant contains:

    • G/L account: 6200030600
    • Company code: all BE companies
    • Layout: /USE_JUB in order to display the information needed for next steps: Company code; Cost Center; Amount


2) Select status of "All items" for the current month: 

 Select the current month

 


3) Sort the SAP result by cost center and make a Sub-total:

 


Perform the SAP extraction:

List => Export => Spreadsheet => Excel file 

 

 

 


To justify your posting, copy the SAP extraction on dedicated tab of your posting file. 

 


After final check, go on tab "Posting file" to post the amount of use on account 6351010001 (1 line per Cost Center). 
Movement type on g/l 4001000003 must use the ZA3. 


==> In this example the posting must be (Cy Code 5697): 

 


==> Copy screen of an example of one posting: 

 

 


One line for each CC used originally in 6200030600.
To justify your posting, don't forget to attach the excel file with the SAP extraction of the account 6200030600 for the current month. 
Inform local manager accountants and teamlux.holding@solvay.com that use of INC provisions were calculated and posted in all BE companies.


End of document.