Data/ITImpacts

A/PInvoiceApproval(NonPO) Data: *Vendormasterdata *G/LAccountsmasterdata *Accountassignmentmasterdata(i.e.WBSorCostCenter) ITImpacts: *CustomWorkow _______________________________________________________________________ A/PInvoiceReleaseforPayment Data: *Vendormasterdata *G/LAccountsmasterdata *Accountassignmentmasterdata(i.e.WBSorCostCenter) ITImpacts: *CustomWorkow _______________________________________________________________________ CashDisbursement Data: *Vendormasterdata *G/LAccountsmasterdata *Accountassignmentmasterdata(i.e.WBSorCostCenter) *HouseBankmasterdata ITImpacts: *CustomCheckform _______________________________________________________________________ PurchaseCreditCards Data: *Vendormasterdata *G/LAccountsmasterdata *Accountassignmentmasterdata(i.e.WBSorCostCenter) ITImpacts: *CustomWorkow

Preparedby:MarcoLizardi

AEROFLEXFIProcess

Data/ITImpacts
A/RReserveCalculaCon Data: *Customermasterdata *G/LAccountsmasterdata ITImpacts: *CustomAgingReport _______________________________________________________________________ CashApplicaCon Data: *Customermasterdata *G/LAccountsmasterdata *HouseBankmasterdata ITImpacts: *N/A _______________________________________________________________________ ManualG/LPosCngApproval Data: *G/LAccountsmasterdata *Accountassignmentmasterdata(i.e.WBSorCostCenter) ITImpacts: *CustomWorkow _______________________________________________________________________ G/LRecurringEntries Data: *G/LAccountsmasterdata *Accountassignmentmasterdata(i.e.WBSorCostCenter) ITImpacts: *N/A

Preparedby:MarcoLizardi

AEROFLEXFIProcess

Data/ITImpacts
ADPG/LPayrolllesupload Data: *G/LAccountsmasterdata *Accountassignmentmasterdata(i.e.WBSorCostCenter) ITImpacts: *Customprogram _______________________________________________________________________ RevenueRecogniCon Data: *G/LAccountsmasterdata *Accountassignmentmasterdata(i.e.WBSorCostCenter) ITImpacts: *CustomProgram Note:TheRevenuerecogni1onprocessiss1llunderdiscussion. _______________________________________________________________________ TaxCalculaCon(Vertex) Data: *G/LAccountsmasterdata *Accountassignmentmasterdata(i.e.WBSorCostCenter) *TaxJurisdicXonCode ITImpacts: *VertexIntegraXon Note:Taxso9warerequirementstobedened.

Preparedby:MarcoLizardi

AEROFLEXFIProcess

A/PInvoiceApproval(NonPO)
Start

Invoice Parkedby User

Workow IniXated

Approver determined basedon: *Amount *Department

NoXcaXon sentto Approver

Approvers Decision Approved Invoice postedinFI Blockedfor Payment Workow Finalized

Rejected

Invoice remains parked

End

Preparedby:MarcoLizardi

AEROFLEXFIProcess

A/PInvoiceReleaseforPayment
Start

Invoice Blockedfor Payment

Workow IniXated

Approver determined basedon: *Amount

NoXcaXon sentto Approver

Approvers Decision Approved Invoice Released forPayment

Rejected

Invoice remains Blockedfor Payment

Workow Finalized

End

Preparedby:MarcoLizardi

AEROFLEXFIProcess

CashDisbursement
Start
Manualwirepayment iniXatedby authorizedassociate Wire Manualwirepayment approvedbyapprover authority

VendorInvoices ReleasedforPayment

AutomaXc orManual Payment? AutomaXc

Manual

Paywith Checkor Wire? Check

No

Wire conrmaXon received?

Yes EnterManual Paymentinthe system EnterManual Paymentinthe system,clearing vendoraccount

WeeklyexecuXonof AutomaXcPayment Program

Generate Payment Proposal

CreateManual Check

Payment proposal approved? No EditPayment proposal

Yes

Execute PaymentRun

End

PrintChecks

Preparedby:MarcoLizardi

AEROFLEXFIProcess

PurchaseCreditCards(NonPO)
RequesXng Department
Start
PRCreaXon (Paper) CreateVendor masterdata A/PClerkcompares Invoices,CreditCard Statements&Parked documents

Purchasing Department

A/P Department

Create&Hold Invoicebasedon PR

A/PClerks Approval Yes Invoicepostedin FI Blockedfor Payment

No

Invoice remains parked

Buy& Receive requested items

No Invoice adjustments Yes EditInvoiceas required

Workow Finalized

End

Invoice Parkedby User

Workow IniXated NoXcaXon senttoA/P Clerk Preparedby:MarcoLizardi AEROFLEXFIProcess

A/RReserveCalculaXon
Start
Report ARBalances Over90 Report GrossA/R Report Cashin Advance Report Intercompany Invoices

Report NRE Adjustments

Report FOB Adjustments

Report CreditMemos

IdenXfyAR balancespreviously includedinthe ReserveList

Report ForeignExchg. Adjustments

Report ADPPayroll Overpayment

Report SalesTax& OtherAdjmts.

Report ARBalances Over60

Extract Reports

Includeinthe ReserveListAR balanceswithlow collectability possibiliXes

Totalize balancesinthe ReserveList (Manually)

NETA/R GrossA/R CashinAdvance IntercompanyInv. . . OtherAdjustments (ManualCalculaXon)

AdjustedAccountsReceivableBase NETA/RBalanceReserveList (ManualCalculaXon) Manual Voucher created& Parked

HistoricExperienceofUncollecXble 5%ofAdjustedAccountsReceivable Base (ManualCalculaXon)

End
Preparedby:MarcoLizardi AEROFLEXFIProcess

CashApplicaXon
Start

ForeignCurrency Receiptsreceivedby AeroexUK Spreadsheet

Customerpayswith creditcard

ForeignCurrency Receiptsdeposited inIntrustBank BankStatement

Customerpayswith check

AeroexUKsends spreadsheetto AeroexWichita

Approvedcreditcard copyreceivedby FinanceDept.to processinvoice Papercopy

IntrustBankcredits USDamountand givesconversionrate

Checksentto Aeroex

Checksentto Lockbox(BOA)

ARdepartmentclears customeropenitems

FinanceDept. generatesinvoice andsendsto customer

ARdepartmententers manualpayment (USD&Foreign currency),clearing customeraccount

ARdept.sends checksto Lockbox(BOA) withoutclearing AR

Lockboxreport downloaded dailyfromBOA website

FinanceDept. manuallyclears customer(no openitems)

Short/overpayments areclearedoto gain/lossexchange accountbyAR department

ManualCheck Depositentered, basedon Lockboxreport, clearingAR

CreditCard Seklementis executed(CloseCC machineandsend infotoIntrustBank

IntrustBankdeposits creditcardpayments inAeroexaccount

ManualBank ReconciliaXon

End
Preparedby:MarcoLizardi AEROFLEXFIProcess

ManualG/LPosXngApproval
Start

Manual Voucher created& Parkedby User

Workow IniXated

Approver determined basedon: *Amount

NoXcaXon sentto Approver

Approvers Decision Approved Manual Voucher postedinFI

Rejected

Manual Voucher remains parked

Workow Finalized

End

Preparedby:MarcoLizardi

AEROFLEXFIProcess

G/LRecurringEntries
Start

*PrepaidInsurance *WorkersCompensaXon *AutoInsurance *PropertyTax *Managementfees *Accruedbonus (one&meac&vity)

CreateRecurringEntries:

ExecuteprogramforposXng recurringentries Scheduledforeachrecurringentry

Processbatchinputsessions Foreachrecurringentry

AccounXng documentposted inFI

End

Preparedby:MarcoLizardi

AEROFLEXFIProcess

ADPG/LPayrollFilesUpload
Start

ADP Reports ExecuXon

ADPFile SalaryLabor ADPFile HourlyLabor ADPFile HourlyOverhead ADPFile PaymentofPayroll ADPFile PaymentofTaxes

Filesareuploadedin SAP *CustomProgram

JournalEntriesare parkedinSAP

End

Preparedby:MarcoLizardi

AEROFLEXFIProcess

Preparedby:JaganYeniganla

AEROFLEXFIProcess

Preparedby:JaganYeniganla

AEROFLEXCOProcess