Objective and Scope

This SOP explains the procedures of Account Receivable for Cash Allocation.

This operational procedure (OP) applies for Accounts Receivable activities of entities:

5876 - Solvay (Shanghai) Co Ltd 
6078 - Solvay Chemicals (Shanghai) Co Ltd 
5991 - Solvay Specialty Polymers (Changshu) 
5993 - ZHEJIANG LANSOL FLUORCHEM CO., LTD. 
6526 - Solvay (Zhangjiagang) Specialty Chemicals Ltd 
6577 - Zhuhai Solvay Specialty Chemicals Co Ltd 
6811 - Liyang Solvay Rare Earth New Materials Co Ltd 
6857 - Solvay (Shanghai) Engineering Plastic Co Ltd 
6859 - Solvay (Shanghai) International Trading Co Ltd 
6875 - Baotou Solvay Rare Earth Co Ltd 
6878 - Solvay Energy Services, Beijing 
7405 - Solvay Silica Qingdao Co Ltd 
7728 - Solvay (China) Co Ltd, Shanghai 
7797 - Solvay Fine Chemical Additives (Qingdao) Co Ltd 
7811 - Solvay (Zhenjiang) Chemicals Co Ltd

Definitions

• SBS: In the current document, "Solvay Business Services" will be replaced by its abbreviation "SBS".
• AR BO: Accounts Receivable Back Office
• RtR FO: Record to Report Front Office
• OP: Operating procedure