File of Accounting Entries (FEC)
SIMPLIFY FEC FILE GENERATION AND COMPLY WITH FRENCH TAX LEGISLATION
Be ready for a financial audit. Easily generate, verify and optimise le Fichier des Écritures Comptables (FEC) from online or archived sources.
Be ready for a financial audit. Easily generate, verify and optimise le Fichier des Écritures Comptables (FEC) from online or archived sources.
Generate FEC files without the hassle of configuring DART
Execute large data extractions from online and archive sources
Control FEC file management to avoid anomalies and non-compliance
Since 1 January 2014, the French tax authorities have required eligible businesses to produce a standard file of accounts for audit – le Fichier des écritures comptables (FEC). It is a hassle but failing to meet the tight deadlines to submit the FEC file in the right format means your company’s reputation is at risk.
SAP offers one solution to generating FEC files using the DART tool, but it’s a cumbersome process that requires time and specialist knowledge. Do you have the resources to implement all SAP’s prerequisites properly? If you are unfamiliar with DART, FEC 4.0 by TJC is SAP-Certified software that helps SAP customers overcome their tax and audit challenges. It’s compatible with FEC in France but also meets other OECD countries’ compliance requirements through a Standard Audit File for Tax (SAF-T) package
As data experts, TJC Group understands our customer’s challenges – it is one of the reasons why we developed our FEC software, working together with Big Four audit firms to simplify the process. TJC’s FEC software generates data extracts that are compliant with current French legal requirements and can be easily extended should these requirements change in future.
Key benefits of FEC software from TJC:
Pre-validation of the FEC File to ensure technical compliance and data quality
Achieve massive time savings and reduce implementation efforts
Detailed logs allowing auditors to trace extracts back to source data with ease
Built in ABAP, relevant data can be extracted from your SAP database
Proven track record with more than 400 clients worldwide
Compliant with Plant Abroad
Merge FEC files of several companies to submit a single aggregated file in the event of mergers and acquisitions
Perform balance and carry forward controls to verify opening balances
Verify the numbering sequence and validation date
Automate the file control with optimized balance controls
Compatible with SAP versions from ECC6 to S/4HANA UI5.
The FEC software by TJC is a reliable and performing solution, easy to pick up. It’s a complete programme that takes into account the specific features of each company when it comes to accounting. The team is also very professional.
SAP provides a standard solution for generating the Posting Transaction File (PTF) in the DART tool and recommends using DART version 2.7.
The new Software version FEC 4.0 by TJC Group is a powerful tool that includes advanced features to easily generate, verify and optimize the Fichier des Écritures Comptables (FEC) in SAP from online or archived sources, to comply with the French legal legislation.
TJC’s ASC solution allows you to eliminate manual errors associated with data archiving, without impacting customer business processes. ASC also greatly reduces the size of your SAP database and achieves an average archiving rate of over 95%.
Quickly and easily retrieve large volumes of data from online and/or archived SAP tables without impacting SAP system performance.
ELSA archives historical data from decommissioned systems in a centralised repository, making it easily accessible to end users and fully compliant with tax, audit, and data privacy regulations.
Facilitate the extraction of SAF-T data based on local requirements applicable to the country in which you operate to meet any type of tax compliance.
Report Automation Cockpit (RAC) centralises and simplifies both routine and custom reporting tasks – saving time, avoiding errors, and improving internal resource utilisation.
Ongoing reporting is a repetitive activity that is easily automated with the right tools.
