GL accounting legal compliance
Accounting entries file (FEC)
The ACCENTFIL trade connector provided generates the accounting entry file in the format defined by article L.47 AI of the French tax procedure code. This corresponds with the FEC requirement.
Setup
The ACCENTFIL pivot file is available in the Pivot file setup function (GESPIT).
Generation criteria for the pivot file is provided in the ACCENTFIL setup function (GESFAE) which can be used to define default values for the launch of the ACCENTFIL interface.
- ACCENTFIL - Based on the final number.
- ACCENTFILN - Based on the entry number.
Process
Use the ACCENTFIL interface launch function (FAEINT) to extract entries comprising the accounting entry files. This extraction can be launched either for a whole fiscal year, or for one or more closed periods in a fiscal year.
Archive of open items
Archive of open items is within the framework of the Law about Modernization of Economy (LME) requirements.
The archive of open items relies on activity code HDU.
The data is calculated in inquiries, customers and suppliers aged balance to date, as well as in the dedicated Archived aged balance report (BALAGEHIST).
A resynchronization tool is also provided to build the open item archive table.
Conformity DGI/IFRS
To comply with instructions 13L-1-06 n°12, 3E-1-07 n°4 and 13L-2-08 n°30 of French law, Sage X3 provides features which meet the requirements imposed for French companies for keeping their accounts by means of computerized systems so that it is deemed sincere, regular and probative.
For further information, refer to the Conformité DGI / IFRS - Paramétrages & Règles de gestion How to guide (only available in French).