Question for BBP
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Transcript of Question for BBP
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8/18/2019 Question for BBP
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FI Scope determination questionnaire:
Q: 1) How many accounting periods do you define in a fiscal year?
Q: 2) Is your fiscal year identical with the calendar year?
Q: ) If your fiscal year is not identical with the calendar year! please pro"ide a schedule of period closing for the
past! current and ne#t year$
Q: %) &o all your company codes ha"e the same fiscal year'fiscal year "ariant? (ro"ide a detail if this is not the
case$
Q: ) *hen do you close your fiscal year?
Q: +) *ho is responsi,le for opening and closing accounting periods -including for materials management)?
Q: .) How do you classify your documents?
Q: /) For which types of documents are the document num,ers assigned internally'e#ternally?
Q: 0) *hat is the document num,ering logic?
Q: 1) re the document num,ers assigned on a yearly ,asis?
Q: 11) 3alue added ta#: *hich are the current ta# rates in the countries of your company codes?
Q: 12) 3alue added ta#: &o you ha"e non4deducti,le ta#es?
Q: 1) How do you handle ta#es on imports -ta# rate! reporting requirements)?
Q: 1%) How do you handle ta#es on e#ports -ta# rate! reporting requirements)?
Q: 1) &o you ha"e companies with plants in foreign countries?
Q: 1+) *hat are the ta# reporting requirements?
Q: 1.) How do you calculate ta#es if there are cash discounts?
Q: 1/) 5o which 6'7 accounts will ta#es ,e posted?
Q: 10) &o you use a particular e#change rate for ta#es? If so! please specify$
Q: 2) In which cases will manual 8ournal entries ,e made to ta# accounts?
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Q: 21) *hich of your 6eneral 7edger accounts are not rele"ant to ta#?
Q: 22) *hat are the reporting requirements for contractors! self4employed etc$ in your country?
Q: 2) How do you transmit this information to the ta# authorities and your "endors?
Q: 2%) &o you withhold any amounts at the time of payment?
Q: 2) *hat is your procedure for par9ing and releasing documents?
Q: 2+) *hat types of general ledger transactions do you process?
Q: 2.) *hich internal documents do you need to print?
Q: 2/) &o you ha"e documents that occur on a regular ,asis -monthly or quarterly! for e#ample)?
Q: 20) How should a document re"ersal update the ,alances of the rele"ant accounts?
Q: ) &o you want do define a specific document type for re"erse documents?
Q: 1) How do you handle accruals?
Q: 2) Is there certain information that you wish to ,e a,le to display when you "iew items online?
Q: ) *hich online analysis options do you use?
Q: %) *hat daily! wee9ly! periodic! and ad hoc reports do you need for the general ledger?
Q: ) y what criteria do you clear open items?
Q: +) *hich internal and e#ternal e"aluations ,elong to month4end closing?
Q: .) *hich processes do you use to prepare the month4end closing reports?
Q: /) &escri,e your current process and time frame for year4end closing$
Q: 0) How do you specifically handle reporting for ta#es on sales and purchases and other statutory
requirements?
Q: %) *hat are your reconciliation procedures?
Q: %1) *hich processes do you ha"e in addition to the month4end closing?
Q: %2) &escri,e your foreign currency re"aluation process and which "aluation methods'e#change rate types you
use$
Q: %) In which cases do you post foreign currency re"aluations manually?
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Q: %%) &escri,e your foreign currency re"aluation process and which "aluation methods'e#change rate types you
use$
Q: %) In which cases do you post foreign currency re"aluations manually?
Q: %+) &o you classify open "endor'customer items in the financial statements according to short! medium! or longterm recei"a,les'paya,les? &escri,e your procedure$
Q: %.) &o you ha"e departments in your sites?
Q: %/) &o you show goods receipts without an in"oice and in"oices without goods receipts separately in your
,alance sheet reporting?
Q: %0) How often do you need a flat4rate indi"idual "alue ad8ustment?
Q: ) re there occasions where you increase your interest rates for long4term or dou,tful customer accounts?
Q: 1) &o you need to produce an internal ,alance sheet on ,usiness area or profit center le"el?
Q: 2) &o you create financial statements on a monthly! quarterly or yearly ,asis?
Q: ) *hich periodic reports do you carry out in general ledger accounting?
Q: %) *hat type of information flow do you ha"e for the results of periodic asset reporting?
Q: ) *hat are the critical monthly! quarterly and annual reports that you need for sset ccounting?
Q: +) *hich 9ind of reports do you use to reconcile asset accounting with the general ledger?
Q: .) re there any particular reports you would li9e for low "alue assets?
Q: /) re there any particular reports you run for leased assets?
Q: 0) How do you create your in"entory lists? &o you use ,arcodes?
Q: +) y which organi;ational units -or com,inations of units) are asset reporting functions structured -for
e#ample! company! cost center etc)?
Q: +1) How many retained earnings accounts do you ha"e?
Q: +2) In which cases do your "endors require you to ma9e a payment prior to the processing of an order or
shipment?
Q: +) (lease descri,e the complete process currently in place for down payments! including the postings that are
generated$
Q: +%) &o you plan on paying down payments with the automatic payment program?
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Q: +) *hat are your internal procedures and controls from the point of in"oice receipt to payment?
Q: ++) *hat is your procedure for par9ing and releasing in"oices and or'credit memos?
Q: +.) *hich in"oices! that are not related to a purchase order! do you typically post?
Q: +/)
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Q: //) How do you handle cash discounts?
Q: /0) How do you handle e#change rate differences in foreign currency payments?
Q: 0) How do you create the payment media -payment forms! remittance ad"ices or electronic files) for these
payment methods?
Q: 01) &o you use pre4num,ered chec9s?
Q: 02) How do you reconcile your chec9 register -cleared chec9s)?
Q: 0) How do you transfer your electronic payment file to the ,an9?
Q: 0%) In which cases do your "endors require you to ma9e payment ,efore the date of required payment on the
in"oice?
Q: 0) How do you release in"oices that ha"e ,een ,loc9ed for payment?
Q: 0+) *hich procedure do you use to process manual payments to "endors?
Q: 0.) &o you print or hand4write the payment media -for e#ample! chec9s! transfer forms)?
Q: 0/) How do you post payments? *hich 6'7 accounts are used? *hich additional account assignments -for
e#ample! cost centers) do you need for ,an9 postings! ,an9 charges accounts! cash discount accounts! and
e#change rate differences?
Q: 00) &o you wish to clear "endor in"oices at the time of payment or at the time the ,an9 statement is posted?
Q:1) &o you apply payments automatically ,ased on an electronic statement of account or a loc9,o# file?
&escri,e in detail how these payments are processed$
