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Record to Report Process
Manage all the activities related to general ledger accounts, legal declaration, financial reporting, etc.
DAS2 Declaration (FR Specific)
This process helps you to extract amounts for DAS2 declaration. It is specific for Marport France.

Record to Report Process
Manage all the activities related to general ledger accounts, legal declaration, financial reporting, etc.
- Mixed Payment
  Once you receive a payment from a customer, after you paid a supplier or for any bank transaction, you have to register it as a Mixed Payment in IFS Cloud.
- Opening and Closing Accounting Periods
  During the month-end closing process, the company's accountant need to block or open periods.
- Managing Fixed Asset Depreciation
  Set the depreciation details of the value of one or several fixed asset(s).
- Adding General Ledger Transactions
  You can add transactions to the general ledger, whether manually line by line, or by uploading a file with a predefined format.
- Matching Account Transactions
  Perform the Account Matching process to match transactions from the general ledger. The purpose is to match one or more debit transactions with one or more credit transactions from the same account.
- Creating a Bank Reconciliation Statement
  To create a bank reconciliation statement, you need to upload your bank statement, then match the transactions between your bank and the ones recorded in IFS Cloud.
- Tax Declaration
  This section explains how to declare VAT.
- DAS2 Declaration (FR Specific)
  This process helps you to extract amounts for DAS2 declaration. It is specific for Marport France.
  - Configuring the Supplier
    In order to create a DAS2 declaration (FR Specific) you need to configure the master data supplier.
  - Extracting Tax Transactions for the DAS2 Declaration (FR Specific)
    Once a year, French offices need to extract the tax transactions reported during the accounting year.
- Managing Intrastat Declaration
  Each month, you need to submit an Intrastat report. This report is mandatory when there are goods exchanged within the European Union and the total value of these transactions exceeds a certain threshold.
- Managing Currency Revaluation
  Over a specific period, convert foreign currency transactions into the company's base currency. Due to exchange rate fluctuations, this revaluation enables the adjustment of outstanding amounts.
- Closing an Accounting Year
  The year-end closing process involves several steps to move the closing balances of balance sheet accounts from one year to the opening balances of the next year.
- Statistics and Reporting

DAS2 Declaration (FR Specific)

This process helps you to extract amounts for DAS2 declaration. It is specific for Marport France.

IFS Cloud provides an extract of the data to be included.

This process in IFS Cloud insures:

Correct amounts and details corresponding to the declaration you need.
Correct filtering on transactions that must be included.