Back up plan for Asset year end closing
Hi,
Do you have any back plan prepared for Asset year end closing especially t.code AJRW and AJAB (running this in Background).
what back up plan we should recommend if it fails for already happened activities.
Regards
Shanu
Hi Shanu,
there is a Test-run modus.
If it fails for some reasons, you will get a error message. Then you solve this error and repeat AJRW or AJAB.
regards Bernhard
Similar Messages
-
Hi
One of our group companies are facing the issue below.
*. When trying to run any asset transaction the error message "Fiscal year change in co.code J002 possible only after year-end closing 2008" . We are currently in 2010 in financial accounting.
AJRW -Change to new FY 2009 was successful, but for 2010 the same error msg above is displayed.
*AJAB -FY close
- 2008 : The planned depreciation was not completely posted to Financial Accounting for asset 000000300090-0000 in company code J002 in depreciation area 01.
When I check AW01N, there is a planned depreciation amount for 2008 period 12. However, depreciation has been completed for 2009. If I try to a repeat run for 2008 in test mode there is a value coming up. The issue is posting periods are close. Current financial period is in 2010.
Your assistance is greatly appreciated.
Thanks
NadiniThe following are the important steps you must keep in mind while closing asset accounting.
1. Recalculate all asset values AFAR
2. Run program RAUNVA00
3. Run program RAANLA01
4. If you find any unposted assets in step 3 delete them if you do not want in AS06 / AS26 (group assets)
5. Update your insurance index OAV5 (if necessary)
6. Run your regular month end closing process.
7. Reconcile FI-AA with GL accounting - transaction code ABST
8. AJRW - Fiscal Year change
9. AJAB - Close fiscal year
10. reopen the fiscal year OAAQ (if only necessary)
11. Perform all year end closing steps.
Thanks,
Ravi -
Hi, I run ajab to close year 2010 (not 2011)and encounter below issue:
Asset 004110000555-0000 in company code 0000 (depreciation incomplete)
Message no. AU070
Diagnosis
The planned depreciation was not completely posted to Financial Accounting for asset 004110000555-0000 in company code IN00 in depreciation area 90.
System Response
Year-end closing cannot be carried out for company code IN00.
Procedure
Post the depreciaton using the appropriate posting program (Periodic processing) in Financial Accounting. Then start a repeat run for this asset, if necessary
My depreciation area 90 is "Post assets periodically in General Ledger", what should I do?Hi
Is depreciation fully posted for the year 2010. Try to run AFAB in repeat mode for the last period of 2010 in test run to see if any values are coming for posting.
If depreciation values exist, then same needs to be posted before you close the Asset fiscal year.
Also please note for posting the depreciation your Fiscal year and period should be open in accounting.
Regards
Malathi -
Asset accounting - asset year end closing
Dear Experts,
For the year 2008 the depreciation was not processed in asset accounting and now i processed depreciation for the total year from 1 period to 16 th periods by keeping FI period 2008 open and documents were posted successfully. Now i want to close the 2008 period for asset acccounting and i want to open 2009 period for asset accounting .
But i am getting error like Transactions not completely periodically posted. It is taking to 2 paths.
One is Define How depreciation Areas post to General Ledger
Here for my client 3 depreciation areas are there 1) book depreciation 2) Tax depreciation 3) Delta depreciation.
Second is Start APC Posting Programme: When i try run this programme "i am getting message like there are no documents to be posted"
Please help me
Thanks
BaluHi,
please read the WIKI guide [Year-End-Closing in Asset Accounting (best practices)|/people/javier.reviriego/blog/2008/07/09/year-end-closing-in-asset-accounting-best-practices].
Even if there are no transaction to be posted, you have to execute the periodic posting run. The run itself will create a protocol entry in any case, if there are values to be posted or not. The fiscal year close process checks thit protocol entry.
Regards,
Markus -
Hi ,
We are facing issues in year end closing when executing t code AJAB.When spool is checked it gives the asset no with error message as asset is incomplete.
When analysed the error using T code AUVA, it states that some field is incomplete, may be based on screen layout settings for asset master data assigned to asset class.When the asset was created , screen layout may be different from what is assigned now. When asset is checked in change mode , it doesn't show that any contents needs to be filled. So asset doesn't seems to be incomplete.
Is there any note or any pointer to solve this error.It basically relates to 2-3 asset class related asset master data.
Regards,
Manish GargHi,
Please check Note 606736 - Flds in deactivated dep.area result in "incomplete" asset and Related Notes
510356 - AS02: deleting incompleteness indicator
436353 - Incorrect assets displayed by RAUNVA00
or
Note 699477 - Incomplete fixed asset in ANLH and ANLC fields
if they help.
Rgds. -
Dates for doing Year End Closing and in which client
Hi,
I have some doubts with Year End Closing Activities.
1. Mine is an India Company following a non calendar year and period. Which date I should do the Year End Activities.
2. Which activities should be done on Production server directly and which one to be done in Development and Quality. Kindly list the activities.
Please advice.Hi
The following are to be done before 31-03-2014 only upto sl no.7.
1. Document Number ranges copy to a fiscal year: OBH2
2. Internal Number ranges for challans : J1INUMBER
3. Witholding TAx certificates : J1INCT need not be necessary now since
we have to issue certificates by downloading the data from IT site.
4. If you have excise maintain the number ranges for the following objects:
Objects
Object Description
J_1I57FC
57FC Number Range Object
J_1IARE1
ARE1 Doc No object based on Series Group
J_1IARE1
ARE3 Doc No object based on Series Group
J_1IBOND
Excise Bonding: Bond number object
J_1ICERT
Withholding Tax Certificates (India)
J_1ICHLNNO
Internal number range for challans
J_1ICONPLA
Consolidated PLA serial no. generation
J_1IDEPINV
Excise Invoice Number for Depot Invoices
J_1IEXCEXP
Export excise invoice number range
J_1IEXCINV
Excise invoice number
J_1IEXCLOC
Local excise invoice numebr range
J_1IEXCTST
Excise invoice with intervals
J_1IEXINEX
Excise invoice number for export
J_1IINTNUM
Internally document number to be generated
J_1IINTPR2
Despatch serial number
J_1ILIC
Excise Bonding: License number object
J_1IPLA2
PLA part II number range object
J_1IRG1
RG1 Number range object
J_1IRG1_T
No. Range for RG1 - Excise group / Material
J_1IRG23A1
RG23A part 1 no. range object
J_1IRG23A2
RG23A part II number range object
J_1IRG23C1
RG23C part I number range object
J_1IRG23C2
RG23C part II number range object
J_1IRG23D
Folio Numbers for RG 23D
5. If you have Plant Maintanance also, ensure wage rates are maintained
for activity/cost center combination in KP26, if you are tracking wage
cost as secondary cost element.
6. Ensure maintaining the version else sometimes your Payroll also may not work.
7. S_ALR_87003642 - Open and Close Posting Periods
8. After Board meeting and when the Balance Sheet is approved you do the rest viz.,
FAGLGVTR, F.07
9. Asset Accounting related transactions can even be done after 1st April.
The above would be carried out naturally in Production client. Since we would be posting certain transactions in testing clients also it is advisable to do the above in testing clients also.
Regards, -
Program RFSUMB00 for italy year end closing
Hello All,
I am setting up all the configurations for year end closing in Italy using program RFSUMB00. Here i need some clarification on the below points.
1. dummy vendor / customer master needs to be created for each recon account. here i would like to know whtr we need to create a dummy recon account for dummy vendor / custome? if no, how would postings be happen.?
2. we need b/s opening and closing accounts for this prog. I would like to know wht entries will happen at the year end and whtr all b/s closing postings will happen to same account?Hi,
I hope dummy accounts are not required. Please try as below. For balance sheet closing and opening accounts you can use technical accounts which we use for initial balance uploading. This program will generate one closing entry and one opening entry with the help of technical account what I have mentioned so that the balances will become ZERO in previous FY.
Closing entry happens in previous fiscal year and opening entry will posted in current FY.
Please go for FAGL_IT_02 - Italy (New). Do not go for F_IT_01 - Italy. There are some prerequisites before executing this program.
Please close normal periods of previous fiscal year and ensure that special periods of previous fiscal year are opened. Means special periods should be available for postings.
Closing postings should happen in special periods. Try with 14th period.
I suggest to run this program only in L1 ledger as this only legal requirement.
Below is for your reference where July to June Fiscal year is maintained.
P&L Account 550016 (result of PNL account)
Net Result Account 101001 (Retained earning account)
Balance Sheet Account- Closing 800005 (Technical account)
Balance Sheet Account- Opening 800005 (Technical account)
Parameters for closing postings:
Document Type UE
Posting Date 30.06.2013
Document Date 30.06.2013
Posting Period 14
Parameters for opening postings:
Document Type UE
Posting Date 01.07.2013
Document Date 01.07.2013
Posting Period 1
Try with above inputs. I hope it will resolve your issue. I have resolved in the same way in our project for Turkey.
Regards
Anand -
Asset - Year End Closing Error
Hi experts,
My company new fiscal year started 01.04.2008. I have done these and error
1- AJRW - New fiscal year = 2008
Error - Fiscal year change in co code possible only after year end closing 2006
2- AJAB - Fiscal year to close = 2007
Error - Close fiscal year 2006 for company code first
3- OAAQ - 2005
How am I suppose to make it success to year 2008?
Thank you in advanced.
EizaaHi
As per the AA functionality it allows u to keep open 2 financial years at a time.
as u said in oaaq its showing 2005. that means in your system
2005 is the last closed fiscal year.
so it implies that 2006 and 2007 is still open.
now when u try to open 2008 it wont allow. it expects from you to close the year 2006 first.
for closing 2006 you need to check whether depreciation is posted for all periods and there are no more adjustment left.
than go to AJAB and close year 2006 first. without closing 2006 it wont allow you to close 2007.
After closing 2006 u can go and open 2008 without closing 2007 also if u wish...
thanks
sejal
assign points if useful. -
Asset year end closing.
Hi,
My Client has already Closed year end for 2010 and the year was changed to 2010 using transaction code AJRW, Now my client need to post an entry to an internal order (therefore CWIP). But Posting periods are still open in FI for 2010.
I need your help in re-opening the year 2010 for asset accounting. FYI we used transaction code KO88 to run an individual settlement
Regards,
Sam.Hi Ajay,
when i reopen previous year in Production system then transport request is getting generated, for this reason do i need to change first in development and then i need to transport the changes into quality system and then same Transport request can be moved to Production system?
or
Can i directly fix this problem in Production system instead of going to DEV and Quality system?
Regards,
Sami. -
Hi!
We are about to execute Fixed Asset Closing (trans code AJAB), which is a pre-requisite before closing FI. What FI closing is this? Is it the trans code S_ALR_87003642 (Open and Close Posting periods) or the F.16 (Balance Carry Forward)?
Also, FI-AA module allows two fiscal years being open. We are following the Fiscal Calendar period being Dec 2006 is our last month period for year 2006. We are now in new Fiscal Year 2007. Is this means that is it okey not to close Fiscal Year 2006?
Thanks for your inputs.
RobertoHi Robert,
AJAB closes the year in the sub-module and prevents postings with assets in it. Also, changes in the depreciation keys and useful lives of the asset doesn't touch posted depreciation in closed year. You have to close the year in the sub-module (AA) before closing it in FI.
You have to close the FI periods in S_ALR_87003642 separately for asset accounts (type A). However, if you close with AJAB, you cannot update asset accounts for closed year as you cannot post with any asset in it.
Transaction code AJRW in AA is analogous to F.16 in FI.
Yes, you may not close 2006 yet as the current year is 2007. But you have to close 2005 already, if you have not done it yet.
Regards, Lyubomir -
Asset Year End Closing AJRW & AJAB
1) After running AJRW, can users still post assets under previous year ?
2) Any time-dependent for AJAB and AJRW ? Should Run AJRW 1st or AJAB ?Hi Annie,
1. Yes, after running AJRW - you still will be able to post in previous year. You can even post in current year. This is just a technical step. No risk in this. I have done for my company. Else you cannot view any standard report. You can even re-run it.
2. AJAB is do be done when your asset books are finalized. Before running AJAB, you have to re-run AJRW, if you made postings in previous year after 1st AJRW run. This will just carry forward balances properly.
Thanks
Assign points if useful -
hi...
pls tell me t.code for following List for FI Year End Closing
1 Execute Report for InterCompany Activity & Journal Entries
2 Open posting period for next yr
3 Run Business Area's Assignment report.
4 Review list of recurring journal entries
5 Execute Recurring Entries for A/R, A/P, G/L
6 Process Parked A/R, A/P, G/L accounting documents
7 Final Cutoff for the Maintenance of Fixed Asset- Add Transfer and Retire
8 Run Depreciation in Test Run and post
9 Verify Display Log for Depreciation Test Run
10 Capitalize AUC Assets if needed
11 Enter Payroll Data to SAP
12 Verify Depreciation Balances with GL balances
13 Post Depreciation
14 Execute Asset History Report, and retire assets if needed
15 Adjust specific depreciation areas if necessary
16 Reconcile AM subledger with GL
17 Check Bank Data
18 Review AR Open Items
19 Review AP Open Items
20 Execute Pending Invoices
21 Clear Open Item for GRIR, freight
22 Reconciliation of Financial Documents and transactional figures
23 Open new CO Posting Period
24 Compare current (cost estimates) with last current price (Moving Avg)
25 Update current cost price to material master price field.
26 Process Freight charges, Match SD freight to actual
27 Review Internal Order Postings
28 Settle All Orders
29 Verify All Post Goods Issue have been Invoiced (Billing Due List)
30 Review SD Billng Doc from prior mth that have not yet been released to accounting
31 Reconciliation of MM movements in Transit Intra-SAP to NonSAP
32 Reconcile PI Inventory with SAP
33 Perform Manual Adjustment if needed
34 Verify balance of the GR/IR account
35 Post Accruals and Deferrals
36 Clearing of Cancelled Documents
37 Check Profitability Segment Adjustment
38 Aging Report-Reconcile GL balances with subledger balances AP
39 Check the check run numbers
40 Bank reconciliation Data
41 Enter Tax Journal Entry
42 Reconcile GL balances with subledger balances AR/MM/AP
43 Display Balance Sheet Adjustments
44 Post Balance Sheet Adjustments
45 Post Foreign Currency Valuation (foreign exchange)
46 Check generic cost centers for posting with wrong accounts
47 Correct wrong postings on generic cost centers
48 Check Validation dates for Cost Centers, Cost Elements, CO area
49 Check COGI--for both month end and year end
50 Doubtful receiviables
51 Verify In-transist Inventory
52 Reconcile PA to G/L
53 Post Cost Centre Assessments and Distributions
54 Run CO-FI Reconciliation to balance
55 Run BW reports P&L and Balance Sheet
56 Maintain CO yr variant
57 Fiscal Yr Balance carryforward AP/AR/AM
58 Fiscal Yr Balance carryforward CO
59 Fiscal Yr balance carryforward FI
60 Fiscal Yr balance carryforward PCA
61 Set Document number ranges - FI - new year
62 Set Document number ranges AP/AR - new year
63 Generate Financial statement Reports
64 Change Fiscal Year For Assets
65 Year end Closing-- Asset Accounting--final for year end
66 Close CO Posting Period
67 Close Prior A/R Posting Period
68 Close Prior A/P Posting Period
69 Close Prior MM Posting Period
70 Reverse accruals and deferrals for the new month
71 Reconciliation of Financial Documents from old fiscal year and new fiscal year
72 Load Balances, Budget Data for Cost centers, sales
73 Update Retained Earning Account , balance carry fwd
Thanks & Regards
Rekha SharmaHi,
Please check this
1 Execute Report for Inter Company Activity & Journal Entries
2 Open posting period for next yr (T.Code: OB52)
3 Run Business Areau2019s Assignment report. (T.Code: F.50)
4 Review list of recurring journal entries (T.Code: FBD3)
5 Execute Recurring Entries for A/R, A/P, G/L (T. Code: F.14)
6 Process Parked A/R, A/P, G/L accounting documents (T.Code: FBV0)
7 Final Cutoff for the Maintenance of Fixed Asset- Add Transfer and Retire (T.Code: ABUMN)
8 Run Depreciation in Test Run and post (T.Code: AFAB)
9 Verify Display Log for Depreciation Test Run (T.Code: AFBP)
10 Capitalize AUC Assets if needed (T.Code: AIAB, AIBU)
11 Enter Payroll Data to SAP (T.Code: CAT2)
12 Verify Depreciation Balances with GL balances ( T.Code: ABST2)
13 Post Depreciation (T.Code: AFAB)
14 Execute Asset History Report, and retire assets if needed (T.Code: S_ALR_87011963, ABAVN)
15 Adjust specific depreciation areas if necessary (T.Code: ABCO)
16 Reconcile AM sub ledger with GL (T.Code: ABST2)
17 Check Bank Data (T.Code: S_P99_41000212)
18 Review AR Open Items (T.Code: FBL5N)
19 Review AP Open Items (FBL1N)
20 Execute Pending Invoices(T.Code: MRBP)
21 Clear Open Item for GRIR, freight (T.Code: F.13)
22 Reconciliation of Financial Documents and transactional figures (F.03)
23 Open new CO Posting Period: (T.Code: OKP1)
24 Compare current (cost estimates) with last current price (Moving Avg) ( T.Code: OKBH)
25 Update current cost price to material master price field (T.Code: CK11N, CK24)
26 Process Freight charges, Match SD freight to actual (T.Code: V-31)
27 Review Internal Order Postings(T.Code: OKSA)
28 Settle All Orders (T.Code: KO88)
29 Verify All Post Goods Issue have been Invoiced (Billing Due List) (T.Code: VF04)
30 Review SD Billing Doc from prior month that have not yet been released to accounting (T.Code : F.2D)
31 Reconciliation of MM movements in Transit Intra-SAP to Non SAP
32 Reconcile PI Inventory with SAP (T.Code: MI07)
33 Perform Manual Adjustment if needed (T.Code: F-02, FB50)
34 Verify balance of the GR/IR account ( T.Code: MB5S)
35 Post Accruals and Deferrals (T.Code: FBS1)
36 Clearing of Cancelled Documents (T.Code: F-03, F-32, F-44)
37 Check Profitability Segment Adjustment (T.Code: KISR)
38 Aging Report-Reconcile GL balances with sub ledger balances AP ( T.code: FBL1N, FBL5N, FBL3N)
39 Check the check run numbers (T.Code: FCH1, FCHI)
40 Bank reconciliation Data (T.Code: FF67 & FEBA)
41 Enter Tax Journal Entry (T.Code: FB41)
42 Reconcile GL balances with sub ledger balances AR/MM/AP ( T.Code: F.03)
43 Display Balance Sheet Adjustments (T.Code: F.5F)
44 Post Balance Sheet Adjustments (T.Code: F.5E)
45 Post Foreign Currency Valuation (foreign exchange) (T.Code: F.05)
46 Check generic cost centers for posting with wrong accounts
47 Correct wrong postings on generic cost centers
48 Check Validation dates for Cost Centers, Cost Elements, CO area (T.Code: GGB0)
49 Check COGIu2013for both month end and year end
50 Doubtful receivables (T.Code : F104)
51 Verify In-transit Inventory
52 Reconcile PA to G/L (T.Code: KE5U)
53 Post Cost Center Assessments and Distributions (T.Code: KSU5 & KSV5)
54 Run CO-FI Reconciliation to balance (T.Code: KALC)
55 Run BW reports P&L and Balance Sheet
56 Maintain CO yr variant (T.Code: KCRQ)
57 Fiscal Yr Balance carry forward AP/AR/AM (T.Code: F.07,
58 Fiscal Yr Balance carry forward CO (T.Code: CXS1)
59 Fiscal Yr balance carry forward FI ( T.Code: F.16)
60 Fiscal Yr balance carry forward PCA (T.Code: 2KES)
61 Set Document number ranges - FI - new year (T.Code: OBH2, OBA7)
62 Set Document number ranges AP/AR - new year (OBA7)
63 Generate Financial statement Reports ( T.Code:OB58) OR (T.Code: FSE2)
64 Change Fiscal Year For Assets (T.Code: AJRW)
65 Year end Closingu2013 Asset Accountingu2013final for year end (T.Code: AJAB)
66 Close CO Posting Period : (T.Code: OKP1)
67 Close Prior A/R Posting Period ( T.Code: OB52)
68 Close Prior A/P Posting Period (T.Code: OB52)
69 Close Prior MM Posting Period (T.Code: OMSY)
70 Reverse accruals and deferrals for the new month (T.Code: F.81)
71 Reconciliation of Financial Documents from old fiscal year and new fiscal year ( T.Code: FNSL)
72 Load Balances, Budget Data for Cost centers, sales
73 Update Retained Earning Account , balance carry fwd (T.Code: F.16)
Regards, -
FI-AA : Problem in Depreciation Run and Year end closing.
i am doing asset year end closing and new fiscal year open, i followed the steps as followings..
Step 1 Did depreciation run using T-code AFAB- no error
step 2 checked depreciation run in AFAR was correct(no error)
step 3.did actual run of new fiscal year open using tcode AJRW.
step 4 : did actual fiscal year closing t-code AJAB.
but now the problem is still i am not able to see any asset reports when open the report meg. says "fiscal year change not done for company code xxxxx"
problem due to is any patch need to be executed? or due to any other application error?, pls advice to solve this my issue.
with best regards,Hello
Choose Periodic processing ® Fiscal year change.
Enter the company code and the new fiscal year.
Choose Program ® Exec. in background.
Process the assets with errors that were identified during the fiscal year change (Tools ® Assets with errors).
Reg
*Assign points if useful -
Reg : Financial Year end closing
Hello Gurus,
I am new & I want to know what is the procedure for closing FI financial year & which T-code should be used.
Regards
Reshmahi rashma,
Pls follow the step...
Check List for FI Year End Closing
Moderator: this is useful but it belongs in the Wiki. you'll get more points there too.
Rohit agrawal -
Take back Year End Closing for Fixed Asset
Dear all,
Is it possible to reverse a year-end closing in Fixed Asset? If yes, how to do it and what are the consequences?
Users need to carry out some corrections for the closed year!
Thanks for your help.
Nas.Hi.
Thanks for answering. If I change it in trans. OAAQ manually, should I re-run depreciation run before running the closing transaction AJAB again?
Thanks,
Nas
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