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

Similar Messages

Month end closing and Year end closing

Hi,
Does anyone have a list of t-codes to be run for month end and year end closing. I want to know what all steps are done for month/year closing.
We are only using FI,CO and MM and no other SAP modules.
Thanks,
Shruti

Hi,
The Month end Activities are as follows
Clearing the open items of vendor, customer
Clearing the suspense account regularly
All the Expenses Including the prepaid expenses have to be booked..
Intercompany Balances Should be Zero
Depreciation Run.
Recuring Entries.
Park documents to be posted(FBVO)
Accural and referal in any differneces.
GR/IR Clearing Transaction (Tcode-F.13)
Bank Reconciliation(Comparing the Company Books and Bank Statements)
Exchange rate to be updated
Revaluation of foreign currencyopen items(F.05)
Order Settlements.
Distribution Cycle
Assesment Cycle(KSU5)
Transfer the Inventory to Profit center(1KEH)
Match GL and PCA(KE5T)
MM period Close and Open (Tcode MMVP)
FI Period Open(Tcode OB52).
CO period Closing
Year End Process
All the Month end Activities should be Carried Out.
Balance Carried Forwarded to next year(F.16)
PCA Balance Carried Forward(2KES).
Carry forward the Vendor,Customer and Asset Balances
(Unless Dep is posted for all the months the assets can not be Closed)
Copy the No Ranges to new year
Open the Next year period(OB52)
I Hope this is Helpful,
Assign the Points.
Regards,
Padma

Open documents and year end closing.

Hi experts,
I would like to know if it is necessary to close all open documents before we start the year end process.
Since practically it is not possible to close all open documents.
here open documents refer to Purchase orders, GRPO's, Sales orders, deliveries etc.
kindly suggest.

hi ajith,
Purchase orders,sales order won't have any impact on accouting which will only
effect ordered,committed quantities.
GRPO can be kept open in case when there is orginal bill is yet to be sent by vendor.
Production orders which are open(ie) production completed - should be closed atleast
before year end so that it can't avoid unnessary WIP variance posted in next fiscal year,
because production orders will post JE's only on Actual Closing Date.
Jeyakanthan

1KEK and Year End Closing Duplicates

Dear CO Experts,
I am having an issue when I run F.5D and 1KEK, we just started using these transactions in Jan 2011. We used to have all customer recon accounts in table 3KEH.
Our issue is that since we removed all the customer's recon accounts from 3KEH when I run F.5D and 1KEK all the transactions for 2011 including the open items from 2010 are transferred. When I run 2KES (balance carry-forward) for new fiscal year the balances are also transferred giving me duplication in KE5T.
My issue is that I want to only transfer invoices via 1KEK that were created in 2011. All the open items from 2010 I woudl like to remove, and have them transferred thru 2KES only I need to do this because my financials in Controlling are stating duplicates, and if I delete the balance carry forward in CO for tehse specific accounts via 0KE1, then financials show that the open balances for 2010 where posted in period 01 2011, whcih is not true. Anyone has any suggestions? as to how to choose current transactions in 1KEK for current month only? and to avoid picking up open balances, since this invoices were done in the old config.
Thank You and best Regards,

Found a workaround...
To do this we did a reconcialition for January 2011 KE5T differences by anlaysing the amount differences for Jan 2011.
1- Run FI report FBL3N and enter the acct # and corresponding date range
2- Separate all documents types for the current month, payments, debits, invoices etc. the total of this will give you the difference in KE5T
3- after you run F.5D and 1KEK for month-end then enter the entries such as payments and invoices created in current month in controlling alone
4- Use tcode 9KE0 to make entries in Controlling ONLY, you need to balance to zero in order to save entry, so choose a revenue account to post the offset entry.
5- Then use tcode 0KE1 to delete the line item you entered as the offsetting entry in controlling because you only needed to fix one account. You use the offsetting entry as clearing entry but then you delete the item via 0KE1.
6- Run KE5T again you should now match
7- Run allocations 4KE5 last
Edited by: Frank on Feb 3, 2011 10:25 PM

Different amounts of Depreciation in depreciation run and FS10N, S_ALR_....

Hi Everyone,
I have just done a depreciation run and the amount to be posted is a certain value. Now, when i go into either transaction FS10N or S_ALR_87012284 and look at the account range where the depreciation is located, i get a different amount. Does anyone have a solution to this? How can the amounts be different?i
This is really confusing me at the moment so I highly appreciate your coming efforts in solving this issue.
/P

Compaire the posted valuesfor that month between:
AFBP - Display Log
When you run the report S_ALR_87012284 use the option current book value
For compairing asset account with fi Use the report ABST2 - Account Reconciliation
Look if the differences is from his month or that it was already there
Search with ABST2 on this forum and you found more possible reasons for differences
Edited by: Paul Annotee on May 5, 2010 9:17 AM

Asset Fiscal Year End Closing - Depreciation not posted completely in 2010

Hi Experts,
I have an issue concerning AA 2010 year end closing, since there is one asset which depreciation in 2010 was not posted completely, meaning that we cannot close 2010 fiscal year.
This happened because of the following situation:
Vendor Incoice was posted in 30.12.2010, with a document date 31.03.2010 (meaning that for this asset the depreciation calculation start date was 01.03.2010). Then, in 30.03.2011 someone post the reversal document, with posting date 31.12.2010.
So for this asset I donu2019t have any depreciation posted in 2011 and no values in depreciation book, for the asset, meaning that even if I change the depreciation calculation start date for 01.01.2011, it will still be necessary to run depreciation in Dec.2010.
However I cannot run depreciation for this asset for 2010 because it will have impact in 2010 balance sheet, which cannot happen.
Do you have any ideas to solve this problem?
Thanks!
Best regards,
Andreia Nascimento

Hi,
As i have already suggested you for the [SIMILAR THREAD|Re: Asset Fiscal Year Closing not possible], which you have only posted in FI forum, there is no other alternative than running the repeat dep run for FY 2010 for period 12.
Please do not cross post your questions.
REgards,
Srinu

Month end and year end procedure

hi experts,
can any one help me for year end and month end procedure
correct answers will be duly rewarded
thanks in advance

hi,
Month end closing Activities
1. All the expenses including amortization, prepaid expenses, Preliminary expenses and accruals have been booked.
2. Complete Bank Reconciliation
3. Make sure that Sum of Inter company balances is Zero
4. Suspense Accounts should be cleared regularly.
5. Ensure that all documents related to MM & SD have been entered in system.
6. Ensure that all billing documents are released to accounting.
7. Calculate Overheads on all process Orders (CO43)
8. Technically complete all process orders, which are fully processed (CORM).
9. Calculate Variance (KKS1)à (Relevant only if Standard cost is calculated).
10. Settle all process orders, which are technically complete (CO88).
11. Close All settled Process Orders
12. Close MM period (Transaction Code: MMPV).
13. Carry out GR/IR clearing (F.13) transaction
14. Depreciation Run (AFAB) has been carried out for the month
15. Close FI Posting period after the month end closing activity is over.
Year end closing Activities:
1. Calculate production work in progress on process orders which are not technically complete.
2. Carry out Assessment cycle for Cost Centers.
3. All month end closing Activities should be carried out.
4. Carry Forward Balances to next year
(With TC: F.16 we can carry forward the balance to next year.
With TC: OBH2 copy the number ranges to next year
Open next year periods by selecting the Posting Period Variant.
Then test by posting the transaction in F-02)
thanks
sai krishna

Month end and year end closings

hello guys,
Can anyone explain me about the series of steps that we have to do for month-end and year-end closings (FICO).
Thanks in advance..

Hi,
Below are the month end activities
1. Recurring Documents.
a) Create Recurring documents
b) Create Batch Input for Posting Recurring Documents
c) Run the Batch Input Session
2. Posting Accruals or Provisions entries at month end
3. Managing the GR/IR Account-Run the GR/Ir Automatic Clearing
4. Foreign Currency Open Item Revaluation-Revalue Open Items in AR.AP
5. Maintain Exchange Rates
6. Run Balance Sheets Run Financial Statement Version
7. Reclassify Payables and Receivables if necessary
8. Run the Depreciation Calculation
9. Fiscal Year Change of Asset Accounting if it is year end
10. Run the Bank Reconciliation
11. Open Next Accounting Period
Assign points if useful
regards
genie

Year end closing - facing problem in dep area 55

We have Chart of Depreciation as - SUSA
Dep area 55 is derived from - 01 and 20
it is assigned to 4 company codes and when ever the posting triggered to Dep area 55, parallel posting will happen to company code 9010.
so, I think due to parallel dep configuration we are unable to do year end closing for the 4 company codes.
we had to deactivate dep area 55- make options 0 from 2.
so, when we tried to deactivate dep area 55 - make options 0 from 2, it is throwing an error
SUSA 55 - Area customizing in area 55 is inconsistent.
Message No. ACC_AA043
Diagnosis
Customizing for depreciation area 55 in Chart of depreciation SUSA is incorrect.
For this depreciation area, settings at chart of depreciation level and for company code 2010 is inconsistent.
System response
Asset posting in this form are rejected
Procedure
Correct customizing by adjusting or removing(recommended) the obsolete customizing.
Kindly suggest what changes can be done to remove the above error.
Thank you

Hi,
As long as you have entries in ACCMAP, this depreciation area can not be changed with OADB any more. Changes for this area in OADB are only allowed if no ACCMAP entries for this area exist any more.
regards Bernhard

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
vasantha

Hi 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

Mid year go live and year end go live

Hi Experts,
What is the difference in configuring Mid year go live and year end go live What are difficulties we face in mid year go live.
thanks & Regards.
Akhil

https://forums.sdn.sap.com/click.jspa?searchID=21620306&messageID=6587485
you go live on the SAP payroll system in the middle of a financial year, you have an option to transfer your legacy data into the SAP payroll system.
The system provides the schema INLK for transferring your legacy data. For this purpose, you need to perform the following IMG activities:
Define the payroll periods for which you want to transfer the legacy data. For more information, refer to the IMG under Payroll India -> Legacy Data Transfer -> Define Periods for Import
Define the type of data you want to import. For more information refer to the IMG under Payroll India -> Legacy Data Transfer -> Define Pay Elements for Import
Upon execution along with the payroll driver, the schema INLK formats the information defined in the above tables as payroll results and stores the values in the database table PCL2.
For more information on the Legacy Data Transfer functionality, refer to OSS note number 506128.

GL balances differences between Year end closing and opening balances

Hi friends,
One GL account balances showing differences between year end closing & year opening balances.
Example: 2006 closing balance is 250000 $
2007 opening balance is 150000 $
difference is 100000 $ . why should coming like this. already completed balances carryforward (F.16) in 2006 & 2007 year.
any programe for this solution ?
One more point is just 2 days back i posted 2 entries for 2006 year equal to 100000 $ . after this entries shall we need go for F.16 (carry forwarded balances).
please do the needful. It is very urgant issue.
Raj

HI,
There shouldn't be any more postings to a GL Account once Balance carry forward has been executed.
If postings have been made then you should execute the Balance carry forward again, otherwise you will see difference in opening and closing GL balance (as mentioned by you).
Regards

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,

Month-end and year-end valuation differences!

Hı Friends,
What are the differences between Month-end and year end valuation in the system?
Thank you!

Yes
For example
31.12.2010
Dr/Cr Forex loss/gain a/c
Cr/Dr B/s adjustment a/c
01.01.2011
Dr/Cr B/s adjustment a/c
Cr/Dr Forex loss/gain a/c

Month end accural and Year end accural processings.

Hi Experts,
Can you please give me an idea about month end accural and year end accural proecess in payroll?? What are the responsibilities of functional consultants in accural processing??
Thanks,
Kanna.

Hi,
The purpose of the accrual process is to recognize payroll costs in the month in which they were incurred, i.e. when the employee actually performs the work.
This accrual process will result in a more accurate presentation of monthly and year-end payroll expenses and liabilities.
The accrual is calculated in HRMS and posts an entry in FI (debit department payroll expense and credit accrued liability) to account for the portion of earnings owed but not paid at month end.
The accrual is calculated as follows:
The system determines the fraction of the payrolls that were earned but not physically paid in the current month. This amount is calculated based on the number of days in each payroll that were earned in the month, as a fraction of the total number of days in each payroll (10 days for all biweekly payrolls). If an entire payroll was earned and not paid, then the fraction would be 1 (ie.100% accrual). Some months may have to accrue a fraction of one payroll, other months we may accrue more than one payroll.
~BiSu

FI-AA : Problem in Depreciation Run and Year end closing.

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