GL Transaction Report

All companies subject to tax in France and under audit by the French tax authorities are required to produce a file of all accounting entries lines per Legal Entity and per fiscal year in a prescribed electronic format. This is a new statutory requirement that complements the printed mandatory journals required by law; this electronic audit file along with journals must use the French GAAP (PCG 99).

FEC is the new required Audit File that must contain all accounting entries lines from initializing balances journal entries to closing fiscal year journal entries, in sequenced order. Companies can be asked to provide this file for the last three fiscal years. General Ledger aggregated accounting entries coming from subsystems should be excluded to the benefit of detailed subsystem accounting entries. Audit files formats have to comply with the French Ministry of Finance DVNI (Direction des Verifications Nationales et Internationales) standards that are specified by decree.

Option	Description
Accounting Entity	This field shows the accounting organization. The field is auto-populated according to the subscription or country selection.
Accounting Year	Select an accounting year to be reported.
Accounting Period	Select the fiscal period range for the accounting period to be reported.
Ledger Account	Select specific ledger accounts, or select all ledger accounts by selecting the first (from) and last (to) reference from the list.
Transaction Type	This is the journal category. For example: Normal, Budget, Actual.
Accounting Book Type	This is the journal type. The default is Actual.
Report Format	For example: GL Transaction Report - Base Currency, GL Transaction Report - Multiple Currencies, GL Transaction Report - Base Currency with Dimensions