Balance carry forward to new financial year.

Hai SAP Guru
I  run the transaction f.07 for  transfer of balance pertaining to vendor and customer to new fianncial year.
Though the run took place with out any errors and all the balance were carry forwarded, it had various line items pertaing to individual vendor and customer, and when i cross verified  with the individual balance it was not tallying but the consolidated balance of customer and vendor were correct, when  i ran the GL balance transfer.
a)  I want to know whether the above procedure is correct, is there any other method  of cross
     verifiying the correct  of transfer entires.
b) When the transfers are done , a consolidated amount is trnasferd to vendor/customer account
    or a single line item as it is now displayed  in my system.
Thanks.

Hi,
There is nothing to do with balance carryforwarding.
After the end of FY you need to run F.07 and F.16 once, since this is a technical step from the business point of view.
After doing the above function also, you can still post transactions to old FY, and those will be automatically adjusted to the opening balance for the new FY.
Or else you can re run the aboce programs again, hence it does not make any diff in any point of view.
For checking the balances you need to use FD10N and FK10N by using respective recon accounts in the selection screen.
Thanks,
Srinu

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