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

      • 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. 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 




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)

FS10N;

F-03


Forms

Daily Balance


Attachments

8. Add the link to attachments or external links

Planilha Saldos XX_20XX”



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1. Objective and Scope

1.1. Objective of this Operation

WP1 Bank Reconciliation: The bank reconciliation it’s a daily task that consist in ensure the information between the bank transaction and SAP records it’s consistent.

The objective of the document is to explain the bank reconciliation process for Brazil companies.


1.2. Scope

This procedure applies to BR companies: 7523, 7580, 6375 and 6511.


2. Definitions

Bank Reconciliation 


3. Tasks description

3.1. I do reconcile the banks

The reconciliation process is specific for each bank; however the general process is the same for all of them. The main guidelines are described in the steps below. Regarding the specificities of each bank, they are included in the excel file attached to this LOP.


3.1.1. I do check bank statement balance

To check the bank statement balance you will use the SAP extract account (starts with 51000xxx, where the ‘xxx’ is defined by bank: e.g. 51000104 for the Itaú bank statement account).

 Go to transaction FS10N:

Complete the fields:

. account

. company code

. fiscal year


Then you have to access the bank statement to check the balance with the transaction FS10N as you see below.

Example: Itaú Bank Statement


In the SAP

 

Look for the Accumulated Balance (Cum. Balance) in the period analyzed to compare with the bank statement. To do the balance control, fill the file “Planilha Saldos XX_20XX”, depending on the period, located in  Drive.


 In this file, you can identify the bank by SAP account or bank account: The sum of the bank statement and the SAP statement account must be “0,00” (zero).

 Proceed with the same steps with the others bank accounts.

3.1.2. I do bank reconciliation

The bank reconciliation is made only with the transitional accounts (the one that starts with 5006, 5005 and 5099). In general, to perform the reconciliation you have to compensate documents type SK (bank documents) only with others documents types.

 Go to transaction F-03

Complete the fields:

. account

. clearing date (always the day before the current date)

. period

. company code

 ENTER


You will see all the documents that are open in the account selected. To compensate the documents, you have to select them and go to save the clearing. Remember: In general, always select documents type SK with another documents type.

 

The sum at the end (Not assigned) must be “0,00” (zero).

Click in the icon 

Insert the reference BO-RECONCILIATION and save   .

 3.1.3. I do use the settings for reconciliation

Documents Type

SK: Bank Statement

Others Types ZP, DZ, DR, SB, ZC, KR, KZ, H1, G1…: The accounting document

End of document.

 country_accounting management_accounting lam