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: 1. Enter the Domain identified in OPD matrix (for Country specific operations, Domain = Country Accounting)

Responsibility area: 2. Enter the responsibility area described in OPD matrix ("N/A" for Country Accounting Operations)

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)



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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1. Objective and Scope

1.1. Objective of this Operation

This procedure aims to help to understand the Corporate Insurance process, how it is performed and estimated

 

1.2. Scope

All Legal entities covered by Corporate Insurance Program, both on PF2 and WP2


2. Definitions

See Finance Glossary:

  • ...


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 receive the Premium Allocation File 

Every year, around July, we receive the new Premium Allocation File from the Corporate Insurance Team. Usually, the policy covers a period of 12 months, meaning the insurance period will cover from July until June the following year. 

We will receive the file, usually via email, but it can also be posted in the Corporate Teamsite. 

The file will usually look like this:

With each tab referring to a specific insurance program (for example, Property Insurance, D&O Insurance, etc). 

It is important to check that the file containt the following information:

  • Internal rec - this information will determine the site of the amount to be charged as expense;
  • Legal Entity - this information will determine which company code the amount is referring to;
  • Address;
  • Total Premium (Including tax) in Local Currency;
  • Period of the policy

If any of this information is missing, we should contact the Corporate Insurance Team to provide it so we can have the information complete.

Once we receive the premium allocation file, we can start working in the internal allocation file.

3.1.1. I transfer the information to the internal file

After you have received the file and ensured that no information is missing, you can transfer the information to the internal file, stored at the Google Drive.  You can create a new folder on the Drive and copy the file from the previous period to keep the history. 

Once you have done this, you can start transferring the information from the Premium Allocation File to the tabs accordingly to the program:

It is usually better to do one program at a time to ensure that no data is missing.

Once you have transferred the information, you can check the company code tabs to ensure that the formulas are working and adjust them if needed: 

If everything is alright, you can check in the tab to ensure that everything is ok. Filter on column "H", "Check 1" to see if anything is everything is ok:


If something is marked as "Not Ok", you will have to check what is missing.

Usually, when something is "Not Ok", it is related to a new Internal Record informed by the Corporate Insurance Team that you will have to add in the company code tab in the "I" column:


Once all company codes are correct for every program, you can send the file for the controllers.

3.1.2. I send the Allocation File for the controllers 

If everything is ok with the file, you can send it to the controllers so they change the cost center allocation in the company codes allocation:


Then, you can send an email informing the controllers that the file is ready for their updates. You can find the list of the controllers here. 

Once the controllers have done their changes, go to tab, and check all the companies with "Not Ok" status on the "Check 4".

This means you will have to add a new cost center in the U column:


After you have added all the cost centers for all companies, and that everything is ok in the "Companies Check" tab, you can start to change the cycles and later create the Accruals Object.

3.2. I change the cycle allocation and create the Accruals Object

3.2.1. Step 1 of Task 2 (I do something...)

3.2.2. Step 2 of Task 2 (I do something...)

...


End of document.