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


ERP

4. Remove the icon(s) when not applicable

PF2 and WP2


Frequency

31st of July; 30th of September & 15th of December of each year. 

References

F.01

FBL3N 

Modelo 22 

Portal das Finanças / Autoridade Tributária





Attachments

Portal das Finanças / Autoridade Tributária

 

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1. Objective and Scope

1.1. Objective of this Operation

The purpose of this document is to help calculating and issue payment document regarding: PC – Payments on account & PAC – Additional payment on account.  


  • PC - Pagamentos por Conta - Payments on Account (Art. 104.º & 105.º CIRC)

Are taxes payable applied to companies that made a fiscal profit in the previous year.

Payments on account are calculated on the basis of the collection (field 351 of MOD22) for the tax period immediately preceding the period in which such payments are to be made, net of withholding taxes.

For the taxable entities whose turnover in the tax period immediately preceding that in which those payments are due, are:


  • PAC - Pagamento Adicional por Conta - Additional Payment on Account (Art. 105.º-A CIRC)

Entities obliged to make Payments on Account - PC and Special Payments on Account - PEC (not performed anymore) shall make the Additional Payment on Account in cases which in the previous taxation period was due state surrender under the terms referred to in article 87.º-A of the CIRC.

The value of the Additional Payments on Account shall be equal to the amount resulting from the application of the rates set out in the following table for the part of the taxable profit exceeding (Euro) 1.500.000 relating to the previous tax period:

Payments on account, despite including some exemptions, are not optional. Thus, situations that are not eligible for exemption and where there is a failure to make full or partial payment may be punishable by fines.

In the context of the annual budget of the state, new rules can be added in the payment calculation method defined above.

In case of changes, the CAM will inform and adapt the excel file template of calculation, adding this new conditions.


1.2. Scope

This procedure applies to the following Portuguese companies in PF2 and WP2:

  • WP2 -» 6414: Solvay Biotecnologia Portugal – Unipessoal, Lda
  • PF2 -» 6424: SLV Specialties Portugal, Unipessoal, Lda


2. Definitions

See Finance Glossary:

3. Tasks description

3.1. Responsibilities

  • Accounting Platform – Prepare all information and submit the declaration.
  • CAM – Do the payment.

3.2. Periodicity

The PC and PAC payments are divided into 3 parts: 31st of July; 30th of September and 15th of December of each year.

3.3. I fill the excel file "CCCC - PC & PAC 2024 e seguintes" 

For both companies fill the excel files "CCCC - PC & PAC 2024 e seguintes".

The files are stored in Google Drive, with the following links:

  • 6424 :


  • 6414:


check I collect the Model 22 in 3.4. 


Example for cy 6424

To calculate the PC  I search for fields 411 in Q11 and 351 in Q10 of MOD22):

Copy /paste in Cell F5 the amount of "Volume de negócios" and in Cell  F6 the amount of "Coleta" . 

 


To calculate the PAC I search for field 778 in Q07 of MOD22):

 Copy / paste in Cell O5 the amount of "Lucro tributável".



To confirm the calculation of PC and PAC I can use the simulator PC  and simulator PAC available in Order of Certified Accountants Website.

However, using this simulator does not exempt from consulting the calculation rules in articles 104º and 105º of the IRC Code.


Example ccy 6424 PC:

Each installment must be rounded up to the nearest euro.

Example ccy 6424 PEC:


Each installment must be rounded up to the nearest euro.


3.4. I collect the Model 22

 

collect in google drive the file "6424 Comprovativo Modelo 22 XXXXXXXX 20YY"

6424 :


collect in google drive the file "6414 Comprovativo Modelo 22 XXXXXXXX 20YY"

6414: 

 


3.5. I can verify SAP Information

In ERP environment PF2 for company 6424, Go to transaction F.01 and use variant BALANÇO 6424. 

In ERP environment WP2 for company 6414, Go to transaction F.01 and use variant BALANÇO 6414.


The amount of the turnover is the amount in line “TOTAL VENDAS E SERVIÇOS PRESTADOS”.

6424 example: 


To have the amount of the payments made in the previous taxation period:

Run transaction FBL3N with G/L account 4510010000 for the company code you are reporting, with all items between 01.01 and 31.12 of the previous year.

no items for 01.01.2023 to 31.12.2023

Inside the transaction make a subtotal by “Pagamento por Conta (IRC Modelo P1)”

3.6. I send the information for validation

Create a case in BMC Helix or send an email to the CAM for them to validate the calculations and, after their validation, go on with the next step.

Create case with subject: CCCC: PC e PAC – N.º prestação YYYY or an email as shown below, for instance:


example: 


3.7. I issue the payment document  in Portuguese "Portal das Finanças"

Go to Tax Authority Website.

You will have to Login with the company's credentials:

VAT NR = "Nº de Contribuinte" and Password " Senha de acesso"


Enter the following data: "Guias de Pagamento Modelo P1"

Click on "SUBMETER"

Click on " SUBMETER NOVO DOCUMENTO"


After, you will have the image below:


Select the type of payment you want to perform in "Tipo de Pagamento", choose the year in "Exercício", and insert the amount in "Valor". 

To issue payment document regarding PC go to the field below “PAGAMENTO POR CONTA” and select the number of payment you want to issue (1º Pagamento por Conta if in July; 2ºPagamento por Conta  if in September and 3ºPagamento por Conta if in December).

Then click on "SUBMETER"

Then, export the PDF file and send it to the CAM (in the case already created before) so the payment can provided.

 



To issue payment document regarding PAC, go to field “PAGAMENTO ADICIONAL POR CONTA” and select the number of payment you want to issue (1ºPAC if in July; 2ºPAC if in September and 3ºPAC if in December).


Then, export the PDF file and send it to the CAM (in the case already created before) so the payment can provided.  


3.8. I save all information in Google Drive

Save all information in correspondent year for each companies:

  • 6424 :


  • 6414:


End of document.