Taxes

Reporting account filter for Accounting Entries File (FEC) report

Multinational companies operating in France can now filter and run their FEC report on General Ledger reporting accounts.

Screenshot of the FEC report page with Reporting accounts labels section highlighted in a purple box.

Key benefits

Multinational companies often have to accommodate different chart of accounts requirements for different operating countries. The new reporting account filter for the FEC report gives you the flexibility to meet those requirements.

How it works

Go to General Ledger > Setup > Configuration > Reports and select the Enable reporting accounts labels checkbox.

Go to General Ledger > All > Accounts > Reporting accounts and create a reporting account set to map your French chart of accounts to your existing chart of accounts.

Go to General Ledger > All > Reports > Accounting entries file (FEC). Check the Substitute with reporting account labels checkbox, and select the Reporting account set.

 

Permissions and other requirements

Subscription

Taxes
Regional availability

France
User type

Business
Permissions

General Ledger

  • Reporting accounts: List, View, Add, Edit, Delete
  • Reports, Accounting entries file (FEC): Run