FI Balances when Mid month Golive

Hi Gurus,
We are going live in Mid may and following Jan to Dec cycle.
Need your guidance on uploading of FI balances. Should we upload trial as on April End and then upload each FI transaction in system manually for May and do may month end in SAP
OR
Should we upload trial as on 15th May and then do close directly at june end in SAP. Because client is saying they will do month end on 15th may in legacy and Period 6 will be 6 weeks long.
Please guide me the correct approach.
Thank You

Hi,
Go-live means your system is live with the Trial balances as on that date, and handed over to users from that day onwards to post all transactions.
If you upload TB on April end, and chose to post Fin. entries manually till 15th may,then what about Sales, Purchase, Production, and Other modules,if any? If won't be viable to many extent.
I would suggest to upload the TB on 15-May only, and do close on June 30th.
Thanks,
Nirav

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Mid year and mid month golive

Hi Gurus,
We follow calendar year, jan to dec. We are going live in mid may.
Client needs profit and loss items from january in sap. Appreciate if you can suggest me strategy for upload of balances. Can i take trial as on end of april. And upload p and l items from january. Upload all other balances as on april 30. Then upload every real transaction for may month till 15th may which is golive date.
And then at may end client will do month end in sap.
I hope i am correct or please provide your thoughts and suggestions.
Thank you

Hi Gurus
   Now i can adjust the professional tax and income tax by entering the amount in IT0015 from Custom wage type.
A.Income Tax for
I have Copied INVT and also coped wage type MVT1 to create custom wage type.
6068             Income Tax deduction
ElimI *          Elim time period ID
Addwt *      RT Result table
amt-s /460     Subtraction
addwt /460    OT output table
MVT0          Voluntory taxx deduction
ELIMI *          Elim Period ID
Addwt /460 OT output table
Addwt *        RT Result table
MVT1            Voluntory Tax deduction
ElimI *          Elim time period ID
Addwt *      RT Result table
amt-s /460     Subtraction
addwt /460    OT output table
MVT2         Voluntory taxx deduction
ELIMI *          Elim Period ID
Addwt /462 OT output table
Addwt *        RT Result table
Is the above rule is right for income tax?
What amount i am entering in IT0015 for WT 6068 that will replcase /460. In this case how to tackle about Eductional cess and others?
B.Professional Tax
Written below rule for Entering Professional tax amount for tamilnadu monly in IT0015 through WT 6076. Kindly let me know whether this is the correct approach
6076 Professional Tax
INPRG? Professional tax region
22
ELIMI *             Elim time period ID
ADDWTE *       RT results table
AMT-S /3P1    subtraction
addwt /3p1      OT output table
amt-s /3p3      Subtraction
Addwt /3p3     OT output table
addwt /422      OT output table
Edited by: HRSAP2011 on Sep 13, 2011 12:58 PM

Mid year golive, regular schema is not calculating anualgross for 12 month

HI
its mid year golive payroll , we uploaded april- sept old result. then run inlk schema.
after that when i run regular payroll system is not taking previous 6 moth salary for annual gross. semilarly system is not considering last 6 month for exemption also
i have uploded /130 tech wagetype also for old result but still its not working.
its calculating everything from oct - march .
please help

Hello Suprita,
I hope your query is on India payroll, if it is so then kindly raise your query in ERP HCM forum, this forum is specific to Payroll North America.
With Regards,
S.Karthik

Mid Month Transfer Issue in Payroll

Hello All
Good Day!
We have two payrolls defined, Payroll A and Payroll B and both has separate Legal entity but Business Group for both Payroll is same. We are having an issue when employee transfers from Payroll A to B or vice versa as mentioned below :
1) Lets assume Employee transfers from Payroll A to Payroll B as on 17 Oct 2012.
2) As Business Group is same , employee remain in the same BG.
3) So we tried to terminate the employee as on 17-Oct-2012 and re-hired as on 18-Oct-2012 in the Payroll B. We need two IRP5 (tax certificate) so we need to terminate the employee from one payroll and reinstate in new payroll.
4)) We have most of the recurring element configured to Terminate as Last Standard Process so all the recurring elements ended as on 31-Oct-2012, i think this should have been Actual Termination Date but as Payroll is running from last 2 years so this will be too big to change now.
5) Now when we process the payroll as on 31-Oct-2012, employee got full month salary in Payroll A which is not correct as employee worked up to 17-Oct-2012.
6) To avoid full month Salary, we changed the Last Standard Process to 17-Oct-2012 so all elements ended as on 17-Oct-2012 but now when we process the payroll as on 31-Oct-2012, employee is getting picked up but no element processed and no balance generated. Don’t know why ?
Could you please provide your input as what is the best practice to handle this mid month transfer ?
Thanks
Gaurav

Hi, Gaurav..
6) To avoid full month Salary, we changed the Last Standard Process to 17-Oct-2012 so all elements ended as on 17-Oct-2012 but now when we process the payroll as on 31-Oct-2012, employee is getting picked up but no element processed and no balance generated. Don’t know why ?
=>I guess.. The "Final Process Date" set as 31-Oct-2012 when you end this employee, isn't it?
Actual Termination Date will let person end at this date, that's mean person record's effective_end_date will equal to the Actual Termination Date and create a new person record after Actual Termination Date.
Last Standard Process Date let all elements ended as this date.
Final Process Date means you can process payroll run before this date, and the assignment record's effective_end_date will equal to Final Process Date. That's why your payroll run includes this person. There's no elements because all elements ended on 17-Oct-2012, system doesn't get any element on 31-Oct-2012.
Best Regards,
Changhua

PF- Mid month employees

Hi all,
I am facing some issue in the provident fund for the Mid month joined employees. As per the client requirement, SAP is not calculating. I need your help in this.
For all the employees we are maintaining the IT 0587 has whichever is less.
I go through some of the threads, still now I am not able to put condition in the PCR.
Ex: Employee hired in the month of april 15.04.2014 his Basic salary is 10,000 rps. When I run the payroll basic salary is prorated with the amount 5333.33 for 16 days in the april month. But, PF should calculate based on the amount 5333.33 but in the output it is showing as 416.
Actually, PF should deduct 640 rps but it is showing 416 rps. 224 rps different amount is coming. How to resolve this one.
Regards,
Vijay Kumar

Hi,
When employee joins in the middle of the month The provident fund will prorate on Rs 6500 according to PF Act and standard rule that was defined in SAP as per act. You cannot change the rule that has defined in standard. The user exist cannot be the right solution for this. The user exist which are there it will not override the standard functionality. The best way is to go according to Act that was defined in SAP.
Incase if you want Rs 780 to be deducted for the first month for mid month joinee employees This can be done by manually inputting the data in additional payment wage type There are several ways to adjust the amount. You can either create a PF Adjustment wage type in additional payment for mid joinee employees to adjust the amount.

Pension and mid-month hiring

Dear Experts,
A person was hired in mid-month, the 15th.
Payable earnings is 4480
The schema is referencing the correct wage type /103
in payroll the amount for the pension of 2480.85 x 6.9% = 171.18. But it should be 309.12
a pcr was created for special cumulations into/103 that reads as follows;
- 3
    - /103 PF APPL. EARNINGS
          WPALL FRST
          ADDWT *
There's no other wage type that has that amount. anks
How do we get teh calculation for the 309.12 to result?
Many thanks,
M

I must forewarn you that I am not familiar with IT0150.
In your initial post, you had mentioned a pcr as
- 3      - /103 PF APPL. EARNINGS
          WPALL FRST
          ADDWT *
This implies that if WT /103 exists in more than one "split", then only it's values (RTE/NUM/AMT) for the first split will be kept in the Input Table, that is if that are all options for the pcr.
Regarding pcr ZVA1, you should first look into the Input Table that is read by the pcr to check the values of /103 and of /809 (Constant GENAU should have a value of 100,000.00). As mentioned by Frances, this is a Custom pcr that will prorate the amount paid. It was created to respond to a requirement, but if I understand you correctly, you would like the payment not to be prorated when the employee is hired in the current month.
Do you have a WT or a temporary variable that indicates that the employee has been hired in the current month?

Information about financial closing in mid-month

Hello,
I have a question regarding financial close. Our fiscal year is a calendar year with one special period configured in the system. For some rare circumstances my company has to do a mid month close in June. So we need to close June by June 15th and from June 15th u2013June 30th, we have to see Julyu2019s period ( 7th) when we post a document . Is that possible to do in SAP. Can we change any config in the midst of the year or in a live system. Is so how.
Thanks in advance
Tanya

Dear Prasobh,
Thanks for your comments...
The transactions are perfects! But is there any place where we can check the value summarized and mainly that the quantity of the movement type 262 be excluded of the quantity total like the column "Quantity withdrawn" in process order.
In the transactions COID, COOISPI and COIO the system shows the individual values by the movement type.
Eg. In a process order any there are 02 movements types 261 = 110 pc (total=220 pc) and 01 movement type = 262 of the 110 pc. In the COID, COOISPI and COIO the system shows me 330 pc but I would like see 110 pc.
Best Regards!
Valdevair

Plan Changes Mid-Month

I changed my plan from 1400 min to 2000 min mid-month. If I would not have changed my plan, I would have been charged 32 minutes overage. Because I increased my plan by 600 minutes, I was charged 162 minutes overage. This absolutely makes no sense! Customer service simply says it was explained on the web site as being pro-rated. I did not understand that and the explanation on the web site may only make sense to a trained service representative with a calculator! II feel this is the biggest bait and switch ever.

When you change your plan in a billing period, if you do not backdate the change, what happens is the bill is prorated for each plan.
For example. Lets say you changed on the 15th day of a 30 day billing period. You would be allotted only 700 minutes the first 15 days before overages occur. Then 1000 minutes the last 15 days before overages occur.
Actually online, it is spelled out very clearly. It states if you choose today, the change may result in overages due to proration. And explains why backdating is best,

Posting error..mid month cost cenre chenged

Hi All
One employee transferred (18.04.2011) mid month. So i have changed position (cost centre also), then employee have one cost centre in 01.04.2011 to 17.04.2011 and from 18.04.2011 onwards in another cost centre. While doing posting (PC00_M99_CIPE) system is showing below error.
u201CBalancing field "Profit Centre" in line item 009 not filledu201D Message no. GLT2201u201D
Here, line item 009 is /559(bank transfer wage type)
Thanks and Regards
Madhu Bijjala

Hello Madhu,
Please check with the Finance team. Some of the settins related to cost center and profit center needs to be changed.
Check the below thread for your reference.
Balancing field "Profit Center" in line item 001 not filled
GLT2201 - Balancing field profit center in line item 001 not filled
Hope this helps.
Best Regards.
Karan.

Fixed Assets Mid-Month rule using non-calendar fiscal months.

Our fiscal year variant is year dependent with twelve posting periods. For example, period 11 for fiscal year 2007 is defined as 29-Oct-07 through 25-Nov-07 and period 12 is defined as 26-Nov-07 through 31-Dec-07.
Fixed Asset depreciation keys MSTL and NA1 use period control 03 (Pro rata at mid-period). Period control 03 is currently not configured in our SAP development system. The IMG help text for Use of Half Months in the Company Code states that You cannot use half periods with non-calendar fiscal months.
How do USA companies configure mid-month depreciation keys (like MSTL and NA1) and mid-quarter depreciation keys when they use non-calendar fiscal months?

Mike,
Would be helfpul if you can describe how you resolved the above issue
Thanks.

Upgrading mid month

How is upgrading to a higher package mid month handled. Lets say im on a $29 package and half way through the month i decide to upgrade, do i start the new monthly subscription from that date and essentially forfeit the other half of my subscription. As far as im aware with dropbox when you upgrade half way through you get a refund on the other 50% you didnt use that is deducted from the price of the new upgrade. Does adobe do something similar.

Hi Morny1979888,
Ratandeep's answer would still apply outside of the 30 days. In some cases you would be able perform the process yourself see Switch from an individual membership to a teams membership here:
Cancel your membership or subscription | Creative Cloud
Any other scenario's which involved an upgrade, you could contact support and they would assist with the process and ensure you weren't charged fees when switching.
- Dave

Changing Plan Mid-month "pro-rated" unclear and deceptive practice. C.S. offers no help

I recently found myself having to up my plan minutes for a family emergency. I went online and checked my usage I was at 394 minutes out of a 450 minute plan, so I elected to switch to the 900 plan minute for the month, ancipating I would go over in the next week. I was given options to back date it or start on that day, as I had clearly not gone over my alloted minutes, I chose to start it as of that day.
My Bill came and I received 69 dollars in minute overages. How was this explained, that by prorating the bill, they divide the cylcel in half, not only by "dollars" which seemed to be the explantion I received online, but by minutes. SO my minute alotment of 450 was reduced to 240 for those two weeks I oriignally had 450 minutes in. They billed as if that was my allowance therefore saying I now went over my plan by 154 minute which I was billed to the tune of 69.00 dollars, plus the addition of the monthly increase in plan.
My question to any logical rational intelligent person would be, why would someone choose to up there minute plan, before they went over, just to then be charged for minutes they would not have been had they not upped there plan to the next level. This defies common sense and any explanation would as well.
Customer service sadly would not even hear or understand this, only to say this is a valid "cost" and I should have read the "disclosure" statement or called if I had questions and not use online services. I asked both the operator and a supervisor for the terms of the disclosure agrement and neither could tell me what it said. However in reading billing question answers they respond "For example, if you changed rate plans during the middle of your billing cycle, your statement should contain a charge for the old rate plan (according to the number of days in your cycle that you were on the old rate plan) and the new rate plan. " yes that makes sense but no where does it say your minutes may be reduced up until this point and you may occur additional charges not already used. by ironically "increasing your minute plan".
I am waiting for a manager to return my call, As a long time customer of verizon whom have promoted them and the new iphone all over facebook and such to my friends I am very discouraged by this practice, and the lack of resolve.

Mike I appreciate that at least you are familiar with what the disclosure statement says, despite othert reps not being able to recite it. However the term "may" be in inself is Misleading, if "airtime" is prorated the statement should read "YOUR airtime MINUTES will be prorated and reduced to this point, possibly resulting in overages and additional charges" The wording is intentionally misleading. If it weren't MIke, why would anyone KNowingly select an option that would then cause them to owe an additional 69.00 dollars they didnt owe at the time, when UPPING their PLAN?
The fact that Customer Service Can't see that as a very real possiblity and just is dissmisive saying You should have read the disclosure statement., and it is a valid charge tells, me they run into this frequently and they have a script to read from to cover themselves, leaving the HUman Element out of the equation. It is sad enough I had to Up my plan only temporarily while dealing with a tragic family situation, to add insult to injury. To me the term "may" be prorated and "may" result in additional overages meant, that if I had gone over my minutes prior to the change I would be charged, because MIKE that is COMMON SENSE. and a REASONABLE person May think that. Cutomer Service Reps could at least acknowledge that as a very real Understanding of how that line could be interupted, and that a reasonable person would not otherwise increase their plan only to be charge for something they would not have otherwise been charged.
I am almost positive in the Future this wording will be Changed after the continued Myriad of complaints. From what I already understand the new "changing minutes and not plan" option already has changed it. SO why not make things right for long time loyal customers now. I actually want to reduce my plan back down now as it was a temporary emergency however I DONT dare do it mid month again, SO I will wait another 2 weeks and pay even more.
This is NOT ME and my misunderstanding, just googling the topic comes up with tons and tons of complaints, articles written on the topic and so fourth. I have been waiting days for someone as promised to call me back as well and that hasnt happened. I have talked to so many friends about this many verizon customers and all say this can't be right, because it DOESNT MAKE SENSE, despite it being "valid" as you say.

Mid Month Close - Financial Close

Hello
I would like to ask the experts on the activities we need to perform for a mid-month close during a fiscal year (A month which is not a normal fiscal month end) . For example, if a company is being sold in the middle of the month and they need to generate the financial statements as of that date (sales, expenses, margins etc) what all do we need to do. What are the limitations ?
Please share your experiences. List of activities and steps that need to be done would be really appreciated.
Thank you for your time.

Hello Rahul,
I thought of sharing some inputs on this scenario, from an old friend.
Some aspects/limitations which could be highlighted:
1. Splitting the period into two periods.
2. Depreciation Posting would be calculated for the entire month. 15 days depreciation will have to be adjusted manually.
3. How the Business manages the balance carry forward for the respective month, is another challenge.
4. Google for sap msg fgv618
Hope this is helpful.
Regards,
Avinash

Mid month Acquisition/ Divesture

We have Company A and B. A own 80% in Company B till March 15th. Following are the questions in the context..
Q1> If divesture of the Consolidation unit is occurring in the mid month(March 15th) , when the divesture will be accounted in consolidation? On March 15th 70% is divested and consolidation method changes from Purchasing to Equity method.
Q2>Where do we capture the exact date of divesture for BCS records.
Q3>Is it possible to account for Purchase method and equity method for one month. I.e. Up to March 15th entries need to reflected with Purchase method and March 15th to 31st need to accounted using Equity method. Is it possible to have 2 method in consolidation period.

Since you'll switch to Equity method, then, yes, for Equity Adjustments.
Flags:
DABP - Switching immediately at the beginning period. RE for this period is not taken into account.
DAEP - RE is apportioned according to Purchase method. Then goes switch to Equity.
For the half month with Purhase method the Parent company earned its share of RE of divested company. So, IMHO, if you set DABP then calculate and add some more equity adjustment, IF DAEP - deduct some.
Of course, you should estimate the impact of switching methods on increase or decrease in your parent company net profit.

Mid month Hiring payroll

Hi,
There is a scenario, when we hire a person in mid month, so how payroll driver will calculate its payroll.
Do we need to run payroll twice for this employee.
Regards,
Kumar

Hi,
If it is monthly payroll, no need to run payroll in mid month, we can run the payroll as usual like end of the month(whenever we are running payroll that date).
For mid month of joinging employes, system will take care with the help of INP1 rule for india, XPPF rule for internaational.
No need to run twice payroll.
Based his/her joining date payment will be happen.
Regards
Devi.

FI Balances when Mid month Golive

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