Business Area balances at end of year
Hi
How can I do the following?
I have 5 business areas defined in SAP. The 5th BA is not going to be running on SAP. Instead, we want to enter the G/L balances into SAP from its own legacy system at the end of every month/year, maybe by a journal entry. We will "NOT" maintain ANY master data(vendor,customer,asset,etc.) of the 5th BA. Is that possible? How?
Thanks
bbb925 wrote:
I got to thinking about taxes, HOI, and all the prepaid items we pay at closing and was curious about something. Will closing costs be cheaper on a new build considering I'm only paying two and a half months worth because I'm closing mid-October? On my last home I closed in June, but I believe I had to pay the 6 months of HOI and taxes at closing. I could be mistaken but that's what I think I recall. Since new builds haven't had their officially built property tax assessment it's usually much cheaper the year it's built in than in the following year. If I'm not explaining this correctly I apologize. Maybe someone understands what I mean? To reiterate after all this confusion, does closing at the end of the year lessen the closing costs in any way?
Thanks for any help you paid 6 months in taxes to build the escrow account.....but the seller gave you a credit for their portion. on a purchase, it doesnt matter when you close. on a refi.... it is kind of like you are the seller. you fund the escrows and then the old mortgage company refunds all of your unused escrow funds in about a month
Similar Messages
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Hello SAP Gurus,
We have enabled business area balance sheet in Company code global parameters. At the end of everymonth our accountants having the following problem.
For Reconciliation accounts(vendor, customer etc.) and automatic posting accounts (tax, cash discount a/cs etc...) they have to give business area manually. For manual posting a/cs we are doing either FSG or FI Validation for business area. Is there anyway we can get rid of giving business area manually at the month-end for reconciliation and automatic posting accounts.
Thanks
KishoreHi,
For Blank Business Area in the Balance Sheet item, please execute Transaction F.5D and F.5E for the Balance Sheet Items. These transaction will post Inter Business Area Postings to balance the Business Area Balance Sheet. For the Profit and Loss Account like the discount Account, you need to execute the transaction F.5F (Profit and Loss Adjustment). However, be careful, this transaction should be executed last as part of your month end closing after all accounting documents have been posted because this transaction will post entries as many times as the transaction is executed.
Hope this helps
Regards
Mahendra -
Dear SAP Gurus,
My client has got several business areas in one company code. I am drawing GL Account balances through F.01 for one particular company code.
The report however displays balance in 3 business areas. I tried running F.5D and F.5E but still the business areas show balance.
I then passed an adjustment entry nullifying the business area balances through FB50. But on running F.5D & F.5E this adjustment document gets reversed. Thus the balance still remains in the 3 BAs.
Can anyone give a solution for this issue. How do i make the BA balance zero.
Regards
NikhilDear Gurus,
Still waiting for a reply...... -
Cross Business Area Balance Sheet
Hi Experts,
Can u please guide me where can i get the cross business area balance sheet?
Earlier responses will be highly appreciated.
Regards,
Mithil.Hi
Goto TCode F.01 and enter your business areas in selection parameters.
Cheers
Srinivas -
Difference between business area balance sheet and profit centre accounting
Hi all,
I want to know what are the differences between business area balance sheet and profit centre accounting.
Please tell the merits and demerits of both.
If, I want to get plant-wise profitability of a company then which method is more recommendable and why?
Regards,
Charu Mahawarhi,
look to that interesting thread:
Re: Business Area Vs Profit Center
Andreas
pls reward useful answers
Thank you ! -
Hi
How can I do the following?
I have 5 business areas defined in SAP. The 5th BA is not going to be running on SAP. Instead, we want to upload the G/L balances into SAP from its own legacy system at the end of every month/year. We will not mantain any master data of the 5th BA. Is that possible? How?
ThanksHi,
Good afternoon and greetings,
TxShuttle is a licensed software which can upload values from excel sheet into the SAP system. Alternatively you can create a bespoke program to call Document Post BAPI and post the entries into the books.
Please reward points if found useful.
Thanking you,
With kindest regards
Ramesh Padmanabhan -
Problem in Business area balance sheet
Hi dear all
my client want business area wise balance sheet. When i see financial statement with tcode F.01 without business area system shows correct financial statement but when i entered business area system shows blank screen. I have done all settings for that i.e i have select the check mark of business area financial statement in Tcode OB65 then i have enabled business area
FS in financial accounting global setting (Tcode OBY6).I have defined business area rules in enterprise structure.
Please help me out
its very urgent requirement.
Points would be rewarded.
Thanks & Regards
Nileshhiii
let me know which version u r using..
sejal -
Balance sheet run business area wise TC-F.5e error
dear all
when i run business area balance sheet run in TC-F.5E i am getting error clearing account has not specified for chart of accounts.
here is there any need to careate clearing accout or else we can assign GR/IR account as a clearing account.
regards
sadiqdear friend please confirm me is below information is correct
i want to create one GL account for business area readjustment
In FS00 in fiels create/bank/interest - i want to select box Post Automatically Only is it correct
then i want to assign this gl accoutn to obxm i want to assign GA0,GA1,GA2,GA3,GA4,GA5,GA6 is it correct.
for this GL account i want to make FSG as required is it correct
please confirm
regards
babu -
Hello SAP gurus
What is Zero balance per business area, I know it is necessary for creating business area balance sheets.
Please explain me
Thanks
KishoreHi Kishore,
Check out the following link......page 48.
http://help.sap.com/printdocu/core/Print46c/en/data/pdf/FIBUSI/FIBUSI.pdf
Regards
A
Assign points if useful -
Hi Guru's,
My Client requried activation of Business area and new Plant as well and they are not using profit center Version 4.6b
1. What all prerequisite to be taken care for activation of Business Area in an existing company code.
2. If i activate business area wise balance sheet is there any impact on existing data or all existing cost center will ask business area while posting
3. Client requried only P & L - Do we need to activate business area balance sheet for this ?
Expecting experienced guidance.
Thanks in Advance - KumarHi,
It is impossible to predict exactly system behaviour for each individual customer system after activation of Business Area, but the best time to activate business area is at the creation of a new financial year. It is extremely difficult to add business
area after postings to a cost center in the middle of a fiscal year.
After activating the Business area financial statement in OB65, you have to make sure that all CO objects where a business area can be entered, have the correct one. These are for example the cost centers (ks03) and the orders (ko03).
After activating the Business area financial statement in OB65, an entry in the table RF048 will be created for every document posted. The program SAPF180A/SAPF180 will process only the documents that have an entry in this table.
Also if the balance for business areas is activated, the order necessarily requires an entry for the business area - how else
could the data for the balance be collected or traced - and the business area is a required field. If on the other hand an order
carries costs, the business area cannot be changed because e.g. CO-documents without or with another business area already exist connected with this order.
As of the standard there is no tool to make the BA assignement to documents which have already been posted. The indicator "Business Area Fin Statement" has consequences not only in FI but also in CO, MM and SD.
regards
Waman -
Finansial statements at Business area Level
Hello Gurus,
Can any one tell me the configurations for business area wise balance sheet. I have created 2 business areas in the system. i want to compare between two business areas balance sheets in the same Fiscal year.
thanks
muralihi
See the below link for compleat config guide for Business area.
http://help.sap.com/printdocu/core/Print46c/en/data/pdf/FIBUSI/FIBUSI.pdf
nagesh -
Month end and Year end Activities
Hi All,
What are the month end and year end activities are involved and how will they happen????
regards
vasanthaHi Vasantha,
Month-End Closing
http://help.sap.com/saphelp_erp60_sp/helpdata/en/96/8b3c2d43ce11d189ee0000e81ddfac/frameset.htm
Year-End Closing
http://help.sap.com/saphelp_erp60_sp/helpdata/en/96/8b3c2d43ce11d189ee0000e81ddfac/frameset.htm
Some of the Month-End Activities
- Open and Close Posting Periods
- GR/IR Clearing
- Adjustments in G/L, AR and AP accounts
- Foreign Currency valuation for Exchange rate fluctuations
- Transfer Postings to Reconciliation accounts from CO module
Some of the Year-End Activities
- Balance sheet adjustments
- GR/IR Clearing
- Adjustments to special Posting periods at year end
- Balance Confirmations for AR and AP accounts
- Run Balance Carryforward program for G/L, AR, AP accounts at year end or first day of next year
- Generate Financial statement for the current year
Best Regards,
Mohan.
Edited by: krishna on Dec 18, 2008 12:01 PM -
Changing business area on a cost center
We mainly use HR, but we use some FI/CO for accounting. (I am no expert in FI/CO whatsoever - so please excuse any incorrect terms).
Our users have entered incorrect business area to a cost center.
This business area is now registered on employees, and payroll/posting has been run up unitil October 2010.
If I try to change business area from 01.11.2009 (realize it is probably not good to change earlier due to postings); I get the following error message: "Field change Business Area is not possible (transaction data already exists)"
In addition, the message says: If you still want to change the object, select a suitable change interval by choosing "Edit -> Analysis period...". However, trying to change the analysis period I am told I have to choose year end.
My questions are:
1. Is there a way I can change business area from 01.11.2009 ?
2. Is there a way to change area earlier - and if so, what are the impacts+
I appreciate any help
Kirsten
Edited by: Kibo on Oct 11, 2009 2:44 PMHi Kirsten,
Normally, it's not possible to change business area during a fiscal year once there is already postings in this Fiscal Year.
The reason is to make sure that there is no change within the fiscal year since you then would have different postings - cost center belonging to different business areas within the same fiscal year. Meaning that it is possible to change the business area for the next fiscal year like described in the long text of the error message KS134. The reason is that it is to avoid inconsistency update of the table (COSS, COEP, or COSP).
Although, If the following requirements are met, than it is is possible to change the business area during a fiscal year with the
help of the note 62716:
1. The change interval is set to period limits
2. There is no dependent actual transaction data in the change interval
or afterwards.
3. There must already be an analysis period for the respective cost
center which starts on the first day of the chosen period. If this
is not the case, you can create one with 'Change cost center'
If the requirements are met, you can run the report RKACOR06 in SE38
safely. I recommend you to execute the report first with Test Run on
your test system.
Regards,
Greta -
Business area Financial statement F.01
hai,
we are in 5.0. i have problem with business area wise report. while taking P&L account business area wise, the error shows as invalid output. But i have created 3 business area as per the client requirement and all the entries posted through business area. I have checked up oby6 for business area activation.
The report is available only for company code level not on business area wise.
Can any one help in this regard.
I have activated BA balance sheet also.
Please help.
Thanks,
Sujai CHi,
I checked the Confi,every thing is set. But when i tried different reports but nothing is displayed in business area balances even after posting transaction in a new fiscal year & period.
I have actived BA in new fiscal year and assigned BA to cost center & assets and posted transaction.
I checked it in table BSEG for the doc posted, BA is updated in the table. But why is it that the amount is not displayed when BA balance sheet.
Can some please help me out.
Is there any OSS note or program that has to be executed for this issue.
Its urgent please help.
Thanks,
Chandu -
Hi,
Is it possible to activate Business area balance sheet in mid of the fiscal year.
Please reply.
Thanks,Hi,
It is possible to activate business area balance sheet in midst of the financial area. You have to note the following points in this regards-
1.Business area balance sheet will not be available for whole year as it is activated in midst.
2.Any business area report will also be available from the creation date of business area only.
3.If you are using many business area with specific user assigned to specific business area you can use user exits to have accurate posting & reporting for each business area.
Warm Regards
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