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)

S_ALR_87012013


Forms

7. Insert the links accordingly and change the link text with the OP nam


Attachments

8. Add the link to attachments or external links



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1. Objective and Scope

1.1. Objective of this Operation

The purpose of this document is to describe the procedure of reports for "40% Suramortissement" -

Can benefit from it, companies subject to income tax (IR) and the real tax regime carrying out an industrial, commercial or agricultural activity. The law covers several goods (handling equipment, water treatment facilities, etc.). The additional depreciation is an exceptional deduction of 40% of the original value excluding financial costs of eligible assets.

– The following goods fall within the scope of the device: handling equipment, equipment and tools used for industrial manufacturing or processing operations, excluding equipment assigned to transport operations, facilities for water purification and air purification, installations producing steam, heat or energy, materials and tools used in scientific or technical research operations. These goods can be acquired or manufactured by the beneficiary company between April 15, 2015 and April 14, 2016. This also applies to goods subject to a finance lease contract or a rental contract with an option to purchase.

Due to the fact than fixed asset are commissioned only the first day of the month, the selection will be done for the following period: 01.05.2015 to 30.04.2017.

1.2. Scope

This procedure applies to French companies in PF1 (ERP) as well as WP1 (RCS).


2. Definitions

See Finance Glossary:


3. Tasks description

3.1. Responsibilities

Accounting Platform is responsible for extracting the report "40% Suramortissement" every time the CAMs requested it.


CAM – The Country Account Manager have to declare amount in statutory fiscal report (2058 A/X9): yearly depreciation in area 37 (PF1) or area 07 (WP1) 

And in IFRS Tax reporting (Actual Tax 1- 09 T2-1) in DPF (Différences Permanentes Fiscales). 



3.2. I extract report "40% Suramortissement"

This section describes the necessary steps for monthly extraction of report "40% Suramortissement". This extraction is scheduling after monthly depreciation run.

To make extraction of report "40% Suramortissement", call up transaction S_ALR_87012013 – Depreciation Comparison and select variant SURMORT 40. 
In both SAP-systems, PF1 as well as WP1, variant "SURAMORT 40" is created for this report. 

The variant - SURMORT 40 fill:

  • Company Code
  • Depreciation Area
  • Sort Variant
  • List by "Group totals only"

Go to Dynamic Selection - Posting Information and select Capitalized on

Select the range 01.05.2015 to 30.04.2017

Before executing the posting, don't forget to check the report date 31.12.20XX* (current year).

Selections for WP1


Selections for PF1


With the following option


The Depreciation Area selected by variant depends by ERP System:

ERP System

Tax Depreciation Area

40% Sur. Depreciation Area

WP1

33 - Tax - Declining - fiscal useful life

37 - Additional Depreciation 40%

PF1

02 - Tax depreciation

07 - Additional Depreciation 40%


The Fixed Assets concerned by the suramortissement are only FXA with a fiscal declining:

  • For PF1 depreciation key FRD*
  • For WP1 depreciation key ZD12, ZD13 and ZD14


Check on company code level the acquisition value in area 37 – "Additional Depreciation 40%" (for WP1 companies, 07 for PF1 companies). 
The acquisition value has to be 40 percent of area 33 – "Tax - Declining - fiscal useful life" (respectively area 02 in PF1 companies):

worddav04b91af9f7421bfc7251895c0296bb7d.png


  • In case the acquisition value of depreciation area 37 is 40 percent of depreciation area 33, print the reports in pdf-format and send the files to French CAM.
  • In case the acquisition value of depreciation area 37 is not 40 percent of area depreciation area 33, the difference has to be identified and corrected.


To identify the difference see section 3.3. I identify differences in report "40% Suramortissement" and to correct see section 3.4. I correct differences in report "40% Suramortissement".

3.3. I identify differences in report "40% Suramortissement"

To identify the differences by asset, execute the report again with sort variant 0013 (company code) and list assets: 

worddav2d914cface1c99d561090627f8ee455e.png


Select the button  to download the report for EXCEL. 

worddav4f550538dcbdce9d28e09d7fed3784b6.png


In the downloaded excel file:

  1. Add two columns Z (40% of area 33) and AA (Delta);
  2. In column Z, calculate 40% of area 33 through the formula: +column M * 0,4;
  3. In column AA, calculate the difference between depreciation area 37 and the correct value through the formula: + column Z – column V.

worddav9851971e86e8ffb8905fc47eac731146.png

To identify the differences in Report "40% Suramortissement", select the lines wherein value are different of zero.

3.4. I correct differences in report "40% Suramortissement"

The cases with differences send to IS (Silvia.Jeleva@solvay.com). 
After correction of the values in depreciation area 37, repeat the procedure described in section 3.1. I extract report "40% Suramortissement". 


End of document.