Lesson 1Reconciliations: bank, supplier statements, customer statements, and intercompany accountsThis section explains reconciliation processes for bank, supplier, customer, and intercompany accounts. It covers data sources, matching methods, ageing of unreconciled items, documentation standards, and responsibilities within TECHSERV.
Bank statement import and matching rulesSupplier statement reconciliations and follow-upCustomer statement reconciliations and disputesIntercompany account matching and confirmationsAging, write-offs, and documentation standardsLesson 2Overview of French chart of accounts and bookkeeping standards applicable to SASThis section presents the French chart of accounts for SAS entities and how it applies to TECHSERV. It covers key account classes, mandatory books, documentation rules, and links between bookkeeping, tax filings, and management reporting.
Main French account classes used by SASTypical TECHSERV accounts and coding rulesLegal books, journals, and numbering rulesSupporting documentation and archiving rulesLinks with tax returns and management reportsLesson 3Revenue recognition and cut-off procedures for IT services and software integrationThis section explains revenue recognition and cut-off for IT services and software integration at TECHSERV. It covers contract review, milestones, WIP, deferred revenue, and documentation needed to support audit and tax reviews.
Contract types and key revenue clausesTime-and-materials versus fixed-price rulesMilestone, WIP, and percentage-of-completionDeferred revenue and unbilled revenue trackingCut-off testing and supporting documentationLesson 4Monthly closing calendar: tasks, deadlines, and role allocation for a 45-employee companyThis section defines a practical monthly closing calendar for a 45-employee SAS, listing tasks, owners, and deadlines. It covers coordination with HR, sales, and operations, escalation rules, and tools to monitor closing progress and bottlenecks.
Mapping all closing tasks and dependenciesAssigning owners, backups, and approvalsStandard closing timeline and cut-off datesMonitoring tools, checklists, and dashboardsEscalation rules and handling closing delaysLesson 5Payroll accounting entries and reconciliation with social contributions reportsThis section covers payroll accounting for TECHSERV, from payroll journal entries to reconciliation with social contribution reports. It explains gross-to-net breakdown, accruals, timing differences, and controls with HR and providers.
Payroll cycle and information flows with HRPayroll journal structure and account mappingAccruals for bonuses, leave, and overtimeReconciliation with social contribution reportsControls over timing differences and errorsLesson 6Annual closing tasks: provisions, year-end adjustments, closing book entries, and liaison with external auditor/accountantThis section describes annual closing tasks for TECHSERV, including provisions, year-end adjustments, and closing entries. It also covers preparation of audit files, communication with auditors, and coordination with the external accountant.
Inventory of year-end closing tasksProvisions, accruals, and valuation rulesYear-end adjustments and reclassificationPreparation of audit and tax workpapersLiaison with external auditor and accountantLesson 7Monthly management pack: trial balance, profit & loss by project/activity, aged receivables and payablesThis section explains how to build a monthly management pack for TECHSERV SAS, including trial balance, project P&L, and ageing reports. It focuses on data sources, validation checks, formats, and deadlines for management reporting.
Structure of TECHSERV monthly trial balanceProject and activity-based P&L reportingAged receivables: layout and key indicatorsAged payables: layout and risk indicatorsValidation, commentary, and distribution rulesLesson 8Fixed assets policy: capitalisation thresholds, depreciation methods, and monthly/annual controlsThis section defines TECHSERV’s fixed asset policy, including capitalisation thresholds, useful lives, and depreciation methods. It explains asset tagging, monthly postings, impairment tests, and controls at month-end and year-end.
Capitalization thresholds and asset categoriesUseful lives and depreciation methods by assetAsset register structure and documentationMonthly depreciation runs and review checksYear-end asset controls and impairment testsLesson 9Day-to-day bookkeeping operations: sales, purchases, bank entries, petty cash, and intercompany flowsThis section details day-to-day bookkeeping for TECHSERV, including sales, purchases, bank entries, petty cash, and intercompany flows. It focuses on document flows, coding rules, automation options, and basic internal controls.
Sales invoicing, coding, and revenue postingPurchase invoices, approvals, and bookingBank entries, fees, and interest recordingPetty cash procedures and control limitsIntercompany flows and recharge documentationLesson 10Use and maintenance of accounting master data: supplier/customer files, VAT rates, analytic axesThis section details how to maintain accounting master data for TECHSERV, including customers, suppliers, VAT codes, and analytic axes. It covers creation workflows, approval rules, periodic reviews, and data quality controls.
Customer master data fields and approvalsSupplier master data and risk checksVAT codes, rates, and mapping to accountsAnalytic axes for projects and cost centersPeriodic master data review and cleansing
