SNI France FEC is a SAP-integrated solution designed to help companies comply with France’s Fichier d’Écritures Comptables (FEC) requirement. FEC is the French version of SAF-T and has been mandatory since January 1, 2014. It must be presented to the French tax authorities upon request, typically during a tax audit, and must include all accounting entries for the fiscal year in a specific XML format. SNI’s solution automates the extraction, mapping, and formatting of accounting data from SAP systems to generate a compliant FEC file. The solution supports all four XML schemas defined by the French tax authority, tailored to different tax regimes and accounting methods.

Features

• SAP Integration: Extracts accounting data directly from SAP systems.
• XML File Generation: Produces FEC files in XML format according to French tax schemas.
• Schema Support:
  • A47A-I-VII-1.xsd (BIC/IS)
  • A47A-I-VIII-3.xsd (BNC/BA with commercial law accounting)
  • A47A-I-VIII-5.xsd (BA with cash accounting)
  • A47A-I-VIII-7.xsd (BNC with cash accounting)
• Mandatory Field Coverage: Between 18 and 22 fields depending on tax regime, including:
  • Journal code and label
  • Entry number and date
  • Account number and description
  • Supporting document reference and date
  • Debit and credit amounts or amount and direction
  • Currency details
  • Payment method and nature of operation
  • Customer identification (for BNC cash accounting)
• Chronological Entry Sorting: Entries are ordered by validation date.
• Flat File Header: First line includes field names as per schema requirements.
• Audit-Ready Format: Includes recovery entries from previous fiscal year.

Benefits

• Regulatory Compliance: Ensures full alignment with French FEC regulations and XML schema standards.
• Operational Efficiency: Automates data extraction and formatting, reducing manual effort.
• Audit Readiness: Enables fast and accurate file generation for tax audits.
• System Compatibility: Works seamlessly with SAP and supports multiple tax regimes.
• Risk Mitigation: Prevents rejection of bookkeeping and related tax returns due to non-compliance.
• Scalability: Supports growing data volumes and evolving regulatory requirements.