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: Worldwide

    • 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: Treasury Reporting

Responsibility area: Ensure Net Indebtedness monthly closure.

Table of contents 

By default the table of contents displays Heading 1 & Heading 2 (other levels can be added)


Scope

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ERP

4. Remove the icon(s) when not applicable

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Frequency

5. Remove the icon(s) when not applicable

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References

6. Add the link to SAP transaction(s) (when it exists)



Forms

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



Attachments

8. Add the link to attachments or external links


 

 

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 Objective and Scope

1.1. Objective of this Operation

WHY - Describe the objective of the operation

  1. To ensure Net Indebtedness monthly consolidation closure, I retrieve the data from BFC for the net indebtedness of all companies of the Group. We refresh the Net Indebtedness YYY MM file on D+6/D+7.
  2. After all tabs are updated, I analyze the full net indebtedness data to ensure compliance and accuracy.
  3. Treasury will use the information on D+5 and D+10. Net indebtedness provides visibility on the cash available per affiliate. This helps the corporate treasury to centralize understand the cash at Group level.
  4. We use the data from Trapped Cash tab for Liquidity reports.
  5. It is a part of IC with external auditors quarterly. 

1.2. Scope

Detail the scope (legal entities, etc.)

ww, treasury_reporting

Accounts analyzed in this report:


AC=L16100Long-term bonds
AC=L16800Other long-term financial debts
AC=L56000Long-term loans payable - Short-term portion
AC=L57000Short-term loans payable
AC=L47200Accrued interests payable
AC=L51900Banks - Credit
AC=L58200Treasury accounts - Credit
AC=A26000Long-term loans
AC=A26900Long-term deposits
AC=A47100Accrued interests receivable
AC=A53000Long-term loans receivable - Short-term portion
AC=A54000Short term loans receivable
AC=A55100Marketable securities > 3 months
AC=A55101Bonds and treasury bills > 3 months
AC=A59510Other current financial assets - Write-down
AC=A51100Banks - Debit
AC=A59100Provision Banks
AC=A52000Term deposits - Cash equivalents
AC=A55000Marketable securities < 3 months
AC=A55010Bonds and treasury bills < 3 months
AC=A58100Treasury accounts - Debit
AC=A59200Provision for short term deposits
AC=A59500Cash & Cash equivalents - Write-down

2. Definitions

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

See Finance Glossary:

  • BFC

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.

Select the level of heading in the "Paragraph" option.

3.1. I retrieve the data from BFC for the net indebtedness of all companies of the Group

3.1.1. I update "Historical" tab

Purpose: to update the financial figures for the reporting month.

Steps to execute:

Go to the tab , copy the columns from the previous month - change the color of the columns from the previous month and copy past values. The purpose is, when doing the retrieve from BFC, only the information from the current month is retrieved. 



3.1.2. I update the "Input" tab

Purpose: to update the dates to the reporting month. This dates will be used to extract the data from BFC.

Steps to execute:

The file is located: 

\\lucapfs01sco.oxo.priv\LUCAP-USERS\Financial Controlling & Cash Accounting process\7 - Financial Controlling\3 - Monthly closing\2 - Treasury and net debt\2025\07.2025\Net Debt


Go to Input tab  and update the month's data.

M - > reporting month

M-1 - > previous reporting month

Y- > reporting year

Y-1 - > previous reporting year

Example:


3.1.3. I retrieve the information from BFC

In this step we will retrieve the information from BFC. For this, we should:

  • Import data "In Sheet" for tab "Rates"
  • Import data "In Sheet" for tab "Cash For Treso"
  • Import data in "Cell Range" for tab "Historical" selecting only the cells corresponding to the current month


3.1.4. I check and validate the information in "Detail" tab

For each heading, we should validate the accuracy of the amounts reported and justify uncommon or big variations or amounts .

At the bottom of each heading, there is a "check" that should be "zero", to make sure that all legal entities are included. If not "zero" it means that a new legal entity is missing in our report and it should be included.

When validating heading L51900, there will be an amount related to the cut of the cash pooling between 4044 and 2232. At the end of the day, the cash from 4044 is pooled to 2232. However, due to the different time zones, the cash from US only arrives in 2232 in the next day. In order to have the correct balances at the end of each month, we do a Top Entry in BFC Consolidation (TSE). The instructions are in the Net Debt File.


3.1.5. I check the information in "Summary Reporting" tab

After all the updates and validations, we check the report in

This report will be used also in the quarter Presentation prepared by the team and stored in G Drive (SYENSQO Financial Instruments and Financial results Reporting - QQ.20YY).


3.1.6. I check and inform Treasury about "Cash"

Purpose: Treasury will use the information on D+5 and D+10. Net indebtedness provides visibility on the cash available per affiliate. This helps the corporate treasury to centralize and understand the cash at Group level.

After the top entries posted, we need to retrieve again the information from BFC. For this purpose, import BFC data "in sheet" in tab "Cash for Treso".

After retrieve the data from BFC for the month being closed, make sure that "check" is zero. This means that all entities are included. 



If not "zero", include the company that is missing. The info on the column "Control" is taken from List of Companies.



The info in the "label" column can be checked with Treasury Front Office. 

Mainly M&As or some countries can be considered as Trapped Cash due to it is difficult to repatriate cash to the headquarters due to the legal reasons.

Insert the line in the correct place of the report to respect the sequence.

Copy the formulas from the line above or below and change the new legal entity number in the column A only.

Re-do the new BFC retrieve.

Check the name and other columns of inserted cell is correctly updated for the new legal entity.


After the data is updated, due to the treasury does not have access to BFC, we need to copy the sheet to a new book and save it without formulas.

After, send to Treasury Front Office team (email subject "Cash for Treso MM/20YY").


End of document.