Table of contents
Objective of this Procedure
The purpose of this document is to explain the steps to be performed to extract a balance confirmation from the legal entity.
Scope
This operating procedure (OP) applies to all requests for third-party and Interco non-chained.
Definitions
- SBS: In the current document, “Solvay Business Services” will be replaced by its abbreviation “SBS”.
- OTC BO AR: Order to cash Back Office Accounts Receivable
- OP: Operating procedure
- WARP: PI system for Worldwide Accounts Receivable and Payable
- CICC: Coordination Internationale des Crédits Commerciaux
Balance confirmation
In case of a third party or audit company requesting a balance confirmation, transaction F.27 can be used and it should be executed from local systems and for a specific legal entity. See request Audit requests example.pdf as example.
Requests are sent to AR mailbox ( general.3s-ar@solvay.com ) with the template from the customer or auditor to be signed and stamped by AR.