Introduction
Welcome to this concise guide on how to generate and validate the Fichier des Écritures Comptables (FEC) Report, using Empress. The FEC Report, a legal requirement for businesses operating in France, represents an electronic accounting journal of your company’s general accounting postings for a fiscal year.
Why is this Important?
In France, it’s a legal mandate to provide the FEC Report at the end of the fiscal year. Empress makes this task easy by providing a feature that generates this report for you. This feature is available if your system’s country is set to France.
Prerequisites
Before generating the FEC Report:
- Ensure your Chart of Accounts aligns with French accounting rules. All accounts should have a number that matches the General Chart of Account (PCG) and a respective name.
- Input your company’s SIREN number in the “Company” doctype.
Generating the FEC Report
To generate the FEC Report, follow these simple steps:
- Navigate to the report page.
- In the top right corner, click on “Export”.
This action will initiate the download of a CSV file containing your company’s general accounting postings for the fiscal year.
Validating Your FEC Report
After generating the report, you can verify its accuracy and compliance using a testing tool provided by the French Tax Administration. Access this tool by copying the following URL and pasting it into your web browser: http://www.economie.gouv.fr/dgfip/outil-test-des-fichiers-des-ecritures-comptables-fec
Should you find any discrepancies, address them immediately to ensure your company’s compliance with French accounting rules.
Conclusion
Adhering to these steps will ensure your Empress system is optimally set up for business operations within France, and you remain compliant with the country’s accounting regulations. Remember, accurate, complete, and timely record-keeping is vital for successful audits. If you need further assistance or resources, don’t hesitate to reach out to our Empress support team.