View Source

Key Principles

The Risk Approach methodology was implemented to meet the following requirements:

The reconciliation periodicity will be based on the risk classification of the accounts:

And on the type of legal Entity:

Structure

High Risk Account Items

High risk accounts	Account Item	Account Item Description	Resp. Group
Equity	L100-100	Equity	RCS_RTR_FO
Equity	L100-101	Treasury shares reserves	RCS_RTR_FO
Equity	L100-200	OCI	SC_RTR_GL
Equity	L100-210	OCI - Financial Instrument	SC_RTR_GL
Equity	L100-220	IAS 19 Revised	SC_RTR_GL
Bank accounts	A500-100	Bank	SC_RTR_CT
Bank accounts	A500-200	Bank Local	SC_RTR_CT
Bank accounts	A500-210	Bank Local - TE	SC_PTP_TE
Bank accounts	A500-220	Bank Local OtC	SC_RTR_CT
Bank accounts	A500-230	Bank Local PtP	SC_RTR_CT
Bank accounts	A500-300	Deposit	SC_RTR_CT
Bank accounts	A500-400	GL Bank Interco.	SC_RTR_CT
Bank accounts	A500-500	WARP	SC_OTC_REC
Bank accounts	A500-550	Sub IBA WARP	SC_RTR_GL
Bank accounts	A500-600	Petty Cash	SC_RTR_CT
Bank accounts	A500-700	Cash in Transit	SC_RTR_CT
VAT accounts	X100-100	VAT Debit / Credit	SC_RTR_CT
VAT accounts	X100-200	Intracommunity VAT	SC_RTR_CT
VAT accounts	X100-900	VAT Other	SC_RTR_CT
Payroll Accounts	L600-200	HR - Payroll Monthly	SC_RTR_CT
Technical accounts	A400-200	AR-AP Interco.	SC_RTR_IC
Technical accounts	A400-140	CROCO - Invoices to issue	SC_RTR_IC
Technical accounts	L400-140	CROCO - Invoices to receive	SC_RTR_IC
Technical accounts	X900-100	Technical Accounts	SC_RTR_CT
Technical accounts	X999-997	TECHNICAL OTHER ACCOUNTS	SC_RTR_CT
Technical accounts	X999-998	TECHNICAL TRANSFER ACCOUNTS	SC_RTR_CT
Technical accounts	X999-999	TECHNICAL OPENING VALUES	SC_RTR_CT
Suspense accounts	L400-700	AR Down payment received	SC_OTC_REC
Suspense accounts	A400-700	AP Down payment payable	SC_PTP_REC
Suspense accounts	X300-100	GL Waiting	SC_RTR_CT