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:Financial Accounting

Responsibility area: Ensure consistency of F101 for TR and TP

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)

F101; SE16 T030U

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

 

 

 I ensure division/market 8590/IECRA0450 is impacted and reversed in the consequent month<< >>



1. Objective and Scope

1.1. Objective of this Operation

There was an initiative to align between PF1 and WP1 concerning the denetted positions calculation for trade payables and trade receivables.

In PF1 and WP1, we already have this automated posting which impacts receivables/payables reporting, meaning that there is truly a reclassification between balance sheet headings.

On going is the analysis regarding the trading partners for open items that have been assigned to Factoring (CAMs companies).


PI1 is being customized, following the same structure as PF1 (profit Center D8590 and Business Area 8590).  On going is the analysis regarding the trading partners for open items that have been assigned to Factoring (CAMs companies).

 

1.2. Scope

The scope of this operations is all Solvay companies operating in PF1 and WP1 systems.


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

There was an initiative to align between PF1 and WP1 concerning the denetted positions calculation for trade payables and trade receivables.

In PF1 we already have this automated posting which does not impact receivables/payables reporting, meaning that no reclassification between balance sheet headings is performed.

However, the posting on dedicated accounts allows detecting these positions at month end (reversal on the following month is also performed).


3.1.  I request the update of Table T030U to DT.

Automated jobs are set up in FCC. 


To set up correctly table T030U, you must know which transaction to take into consideration in your request to DT is:

Transaction

V05- Reclass Accounts with Debit Balance (PF1/WP1)

V06- Reclass Accounts with Credit Balance (PF1)

V07- Reclass Accounts with Credit Balance (WP1)


The adjustment accounts already created but only for Trade Receivables and Trade Payables are similar to the source GL accounts but ending in -98.

Eg.: 

Trade receivables GL account   Trade receivables adjustment account

2200000000                               2200000098

2200000010                               2200000198


Trade payables GL account   Trade payables adjustment account

2300000000                               2300000098

2300000010                               2300000198

2303000001                               2303000098


PF1

...





End of document.