Domain: Country Accounting

1. Enter the Domain identified in OPD matrix (for Country specific operations, Domain = Country Accounting)



Responsibility area: 2. Enter the responsibility area described in OPD matrix ("N/A" for Country Accounting Operations)


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)

KSB1


Forms

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

7424 - Solvay Awards Template


Attachments

8. Add the link to attachments or external links




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1. Objective and Scope

1.1. Objective of this Operation

WHY - Describe the objective of the operation

The objective of this document is to give the instructions to do the monthly entry for Solvay Awards.

This procedure needs to be done on D-1 and it takes the data for the current period.

1.2. Scope

Detail the scope (legal entities, etc.)

It applies to company 7424, cost center 0249-7052

2. Definitions

Definitions should be added in the Finance Glossary - Add definition and link it to respective Letter in Finance Glossary 

See Finance Glossary:


3. Tasks description

WHAT and HOW - Main content of the operation

The content should be mainly organized in 2 levels of Headings to ensure a proper link with the Table of Contents.

Solvay USA rewards some employees for specific matters by giving them credits in Inspirus (Vendor that provides the credits)

The rewards are given to the employees and Inspirus charges Solvay USA

The Invoices from Inspirus hit the Cost Center 0249-7052 (Fringe Cost Center)

As these rewards are not considered fringe benefits they need to be reclassed from the cost center and allocated in the balance sheet account 16930200


3.1. I Verify the data

In D-1Enter the cost center 0249-7052 in KSB1

Posting date: First to Last day of the closing month
Layout: /PVZ-CHECK


Filter the vendor code 2101519 - INSPIRUS LLC in the 'Offst.acct' column.


3.2. I Prepare the Posting File

Take the total amount and proceed with a posting file reclass.
Use the Posting File " 7424 - Solvay Awards Template" attached.

Company Code: 7424
Header Text: Solvay Awards Reclass
Doc Date and Posting Date: Last day of the closing month
Debit: CE 98300101 | CC 0249-7052
Credit: GL 16930200 | Profit Center 7424-I0450 | Transaction Type F35
Assignment: MZNR
Text: Reclass Solvay Awards costs Mmm YY



Don't forget to include the justification for the posting in the justification tab.

Send the posting to the RPA.


3.3. I Check the posting after done

To check if the posting was done properly, check KSB1 again now adding the GL 16930200 in the 'Offst.acct' column. The total amount should be zero at this time.


End of document.