Company Accounting Manager

Gas Exchange of the Vienna Stock Exchange

CIR – Research and Development Tax Credit (R&D tax –Crédit Impôt Recherche) CIR postings are tax benefits given by the State for the Company.

a cost center is a Solvay department or function. The manager and employees of a Cost Center are responsible for its costs but are not responsible for revenues or investment decisions.

Inside Solvay Cost Center is used to:

• manage the costs by organizational unit
• compare actual versus budget
• calculate rates of activities (used in the standard cost calculation of products)

Cost Center - Master Data

acronym for Cost Center

a cost element is for CO the equivalent as an account in FI.

• Primary cost elements: are a mirror image of the results accounts ( chart of accounts ). Every account in FI is mandatory in CO.
• Secondary cost elements: are used only in CO in order to identify cost transfer between cost objects in the same CA.  They have specific codification for assessment cycles of cost centers, activity types, etc.

Cost element - Master Data

acronym for Cost Element

A controlling area is an organizational unit from the Accounting component in the R/3 System, used to represent a closed system for cost accounting purposes.

The operating concern is set with the transaction OKKS - Setting Controlling Area

List of existing controlling areas in Solvay:

RCS / WP1
Z001: Solvay Engin.Plasti.Poland
Z006: Rhodia Europe
Z013: Rhodia Europe Soc Fin
Z025: Rhodia Latin America
Z026: Rhodia Asia Pacific
Z028: Solvay North America

ERP / PF1
CHEF ERP Solvay worldwide

acronym for Cash Generating Unit

acronym for Costing Profitability Analysis

acronym for Code Prix de Revient

acronym for Country Accounting Manager

the control owner is the one who performs the internal control. There are 3 types of IAC control owners:

• Finance responsible assigned (FRA): They are at plant level and they monitor the processes
• GBU costing control owners (GCCO): They supervise FRA and Integrated FIFO coordinator.
• Regional costing managers (RCOM): They supervise the overall process and ensure that control processes are carried out efficiently

is the supporting document proving the control has been performed within the respect of the control description. the documentat is accessible to all stakeholders, including external and internal auditors, through dedicated electronic depository.

A cycle run group allows several users to run cycles at the same time but in different run groups. If several cycles are being run simultaneously in the same run group the system will be blocked. By default the system will fill this field with the run group 0000

Sub module coming under CO module. PA stands for profitability analysis. It acts as a strategic & financial reporting tool for analyzing the profitability based on different segments.

Cost object in Product Cost by Period that collects the periodic actual costs incurred in the production of a material. When a cost collector is used, the product is the main cost object

They are used to classify within the cost collector which cost elements are fixed, variable or Depreciation. But not only this. The level of granularity depends on the GBU election (election of Cost Component), but it has to be coherent with activity types. It links them to material ledger classification.

acronyme for Corporate Business Services

A cycle count is an inventory auditing procedure, which falls under inventory management, where a small subset of inventory, in a specific location, is counted on a specified day

Coordination Internationale des Credits Commerciaux. Solvay Group internal Bank. Financial services for international group subsidiaries in relation with local or international bank depending roles assigned

Acronym for Convention Collective de Retraite Anticipée

Acronym for Convention Nationale de Travail numéro 17

Acronym for Credit Impôt Competitive Emplois (Competitiveness Jobs Tax Credit).

Acronym for Crédit Impôt Apprentissage.

Acronym for Corporate and Social Responsibility.