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FAS - Financial Accounting Statistics

FAS - Financial Accounting Statistics

FAS - Financial Accounting Statistics

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A quarterly reporting of assets on the balance sheet and accounts payable was imposed on a specirfied group of residents by the Bank of Slovenia. In addition, they must report transactions and of changes incurred in assets and payables. These can be represented as receivables or payables to other units or divisions of domestic industry and abroad.

Using PANTHEON you can review balance and transactions for the set reporting period. Enter data in an Excel file that may be obtained from the AJPES (Agency for Public Legal Records and Related Services) web portal. Proceed by performing validation and after it has completed successfully create an XML file to export data using the portal web application.

The review displays posts that are currently stored on accounts of a specific financial transaction. Observe following rules to provide authentic and trustworthy information to fill out the Excel report file:

  • Close periods in the Financials module: If a company fails to close posting period according to the submitted FAS report, incongruity can occur between the current data and that submitted to AJPES.
  • You have to set each subject accordingly to the CIS (Classification of Institutional Sectors) register.
  • The subject must be set for accounts under Financial Transactions.
  • Only some control accounts can be included in individual financial transactions. Other accounts are included in separately. The company's subsidiary accounts must be enabled for financial transaction to be able to use FAS - Financial Accounting Statistics.
  • Set registers accordingly before using the report for the first time. That is, pay special attention to Financial Transactions with the corresponding accounts and account groups used. Moreover, set CIS in the Opposite Sector field (for accounts where CIS cannot be identified with the subject in posts), Doc. Type - Changes and/or Contra account - Changes. Moreover, you have to consolidate them with own Chart of Accounts and document types that can be applied for recording changes.

To enter amounts in the Excel file, changes incurred are calculated from other panels. The information displayed here are obtained from posts. Because of this, it is required that you enter them correctly. The previously mentioned posts differ from the others by document type used for posting and/or by a specific contra account (e.g. changes incurred are posted to account 2200 and contra account 7700; or to put it differently, changes incurred are posted using document type 460 - Exchange differences). Posts matching the criteria entered in the register (Financial Transactions panel) for individual account appear in the bottom section (Form 5 and 6). Moreover, they are not included among the collected transactions (Form 3 and 4).

 

Therefore, use the FAS - Financial Accounting Statistics window fo collect data for subsequent submission of Excel file to AJPES. Checks in AJPES Excel file ARE NOT USED in FAS report. Data appearing in review are not stored in tables and always present the current posting status.

The FAS - Financial Accounting Statistics consists of:

 

 


 

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