GL balance carry forward special period 13 to new fiscal year and Rec acct
Hi,
would like to seek for your advice as below question/problem.
a) User now is doing the year end closing. Normally the closing is up to the period 12 and for the purpose of track the adjustments made by the management and auditors user post to period 13 2008 from the pervious financial year. Our concern is when perform the GL Balance carry forward to new fiscal year which is 2009 does the system carry forward the GL adjustment figure from period 13 to the new fiscal year on top of that when we perform the GL balance carry forward to new fiscal year 2009 and later on find out there is an audit adjustment that need to done and user post in the period 13 fiscal year 2008 can the adjustment auto post to the new fiscal year?
b) Can we change the Rec account in the vendor master as currently user need to change the vendor from difference Rec account which from joint venture to subsidiary account code? If involve the SPRO configuration how where should we configure? After we change the configuration does all the posting from one Rec account subsidiary will auto post to another Rec account Joint venture?
Kindly advice.
Hi,
Thank you for the prompt reply.
a)could you provide the path/T-code to view the vendor master activity screen layout configuration field status for reconciliation account should be Optional.
b)Beside,what the impact of change the reconciliation account from one to another? It is neccesary/must to do the balance sheet adjustment for change the reconcilation account?
Can we post the balance through the manual JV (F.02)with the document type is ZD(Debit Note) to post the balance of old reconciliation account to the clearing account and then change of the reconciliation account to the new account then reverse the posting of the JV? By doing so what is the impact in the system? In this scenarion do we need to do the balance sheet adjustment?
c) You mention balances from the old recon will not be posted to the new reconcilation account unless I do a balance sheet adjustment it is mean after I run the balance sheet adjustment the balance from the old reconcilation account will auto post to the new reconcilation? What other impact will effect the system?
d) If the company never run the balance sheet adjustment before and due to the scenerion mention above they run the balance sheet adjustment for the first time what are the impact in the system for the company that only have one business area and also for the company which have more than one business area?
e) What are the prerequisite step/configuation/setting need to be setup in order to run the balance sheet adjustment as the company perviously never run the balance sheet adjustment before? Kindly provide reference/document/guide.
e) Change of reconcilation account does it related/impact to the account group of vendor master?
Please help.
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Have a look at this:
http://help.sap.com/saphelp_erp2005/helpdata/en/96/8b307e43ce11d189ee0000e81ddfac/frameset.htm
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Hello Gurus,
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Hi
We processed 2KES to carry forward PCA to the new fiscal year. It is not giving any errors but does not get transferred.
Appreciate your quick help on this.
Thanks
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Warm regards
Anand -
SEM: BCS Balance Carry Forward - Concept of Period 00
Gurus:
Wants to clear a concept with you. Say for example at the end of Period 12, 2006,
B/S Account 1: $100,000
Retained Earnings: $ 200,000
And only for the Period 1, 2007:
B/S Account 1: $200 (this is a periodic value)
And Net Profit: $15
Now lets assume the Retained Earnings of Current Month = RE Last Month + Net Profit.
Now if we dont do a Balance Carry forward after Period 12 close and before Period 1 close, I will be getting this only for Period 1,
B/S Account 1: $200
Retained Earnings: $15
But if we do a BCF after Period 12 close and before Period 1 close, I will be getting this only for Period 1,
B/S Account 1: $100,200
Retained Earnings: $200,015
So the BCS gets the value in period 00 and in backend add it to period 1 to give a cumulative period 1. Period 00 is a virtual place holder for this and not be available for reporting.
Am I correct?
Thanks for your time spent,
Regards,
ArpanThanks Eugene!
I am sure you are correct, but not able to understand the answer for my this question from the thread you mentioned. Was thinking of BCS & period 00 concept and trying to confirm my understanding. Sorry for not able to pick up the loose thread. Still open..
Sincerely,
Arpan -
Budget balance carry forward to new year fiscal year
Hi,
Currently, our setting for Funds Management Master
Data is year-dependant. Now, our user request for a budget carry
forward from one year to another year. So, we are trying to the fix the
configuration.
My question is, can we do the budget balance carry forward if the master data is year-dependant. If can, how to do that?
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Internal order copying
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prasad -
Hi Gurus,
We have just executed the balance carry forward to 2011 ( AP, AR, GL )
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But after we have executed the balance carryforward, we can no longer view the actual line items of 2010 in some reports like KE5Z.
It says that no data was found. But if you check in FBL3n the data can be displayed.
Thanks,
EllicecWe are operating two company codes. Company A and B. We followed the same steps in executing the Balance carry forward for both the company codes but in Company A we cannot display the actual line items.
Edited by: Ellicec on Jan 26, 2011 8:39 AM -
Incorrect balance carried forward
The balance carried forward was mistakenly done for 2006 again and not 2007. What a mess! any solutions for this? many thanks.
Hi,
The balance carryforward can usually be done as many times as desired. It doesnt matter if its redone until unless there's been a change in the opening balances.
Hope it clarifies.
Rgds. -
Balance carried forward for New GL
Hi Expert,
I would like understand about the balance carried forward for AP and AR in the New GL.
When executing the program in test run mode, user will download the balances and try to tie to the recon accts in trial balance. The openning balance generated by the program should tie to the last fiscal year closing balance. But apparently, it is not. There is a difference. And after checking, the difference seem to the opening balance that aready exist in the new FY.
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Angel.Hi,
FAGLGVTR - Balance Carryforward (New) for GL carry forward
F.07 - Balance Carryforward for AR/AP carry forward
When you execute these programs system will carryforward all closing balance to subsequent year opening balance. Any postings happened in previous year will dynamically carried forward to subsequent year after executing this program. If you find any mismatch, you can again execute this program. It will not create any impact.
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I have a question regarding the migration cockpit for new G/L. This a prepaid service of SAP and we are at test stage of migration cockpit. Before migration to new G/L, we have
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year 2007. Among the migration cockpit
activities ,do we still need to
execute transfer balance carry
forward step?
Kind regards,
Gökçen.Hello Gokcen,
In your case, you can execute the ' Transfer balance carry forward' step of the GL Migration cockpit, for two reasons:
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Hi,
We have assignet the Consolidation Scenario to our main ledger in New GL, so that the field RMVCT is part of the FAGLFLEXT table.
We would like to have a unique movement code in the balance carry forward, for example F00.
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But, and that is the issue, for balance sheet account without movement code, the balance carried forward has also no movement code, and I don't see the way to substitute the value to get F00 also for these account (there is no BSEG entry for the balance carry forward operations).
Thanks for an anwser.Hi,
Voor profit centers you have to run the balance carried forward in PCA.
Paul -
Balance Carry Forward with New GL
hi,
I am trying to do balance carried forward using the new GL and I expect to see retained earnings splits by profit center and segment. I was able to run the program and see the revenue and expenses roll into Retained Earnings account split <u>by profit center</u>, however it did NOT split by segment. The balance in retained earnings account shows split by profit center with BLANK segment.
I have setup my configuration as:
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- I setup the activate the document split and setup default profit center/segment
Can you tell me if I am missing something in the configuration or there is something wrong with the system.
Thanks, TonyHi,
Voor profit centers you have to run the balance carried forward in PCA.
Paul -
Dear Friends,
One of the my client recently implemented New GL in the Dev system, and getting posted the documents. now we are facing the many problems in the Dev system.
1. F.01 Financial statement report not generating for the year 2008 to till 2014 fiscal years.
2. the same in trail balance also not generating data form the year 2008 to till 2014 fiscal years.
3.system is asking the carry forward the balances form the 2008 to till, when we try to carry forward the 2008 year amount only forwarding for the all the fiscal year, not adding the other balances.
i went through some forums and i did the some analysis on this, after implementing new GL the table GLT0 was desble, data was not updated in the GLT0 all the data has been moved to FAGLFLEXT table. later i activated the table GLT0 and able to storing the data both the tables.
now i want to see the all my privious year report in the DEV system. all the data is there in the tables expect GLT0. how can i recover reports as well as how can i do the carry forward balances?
even still i have not carry forward for the 2014 balances, those balances also not there in the reports? but data is there in the table.
Please help me on this.
Regards,
KrishHello,
balance carry forward is done with TCd.
FAGLGVTR
when you are on SAP nGL.
any further quesitions?
By the way why don´t you do searching?
all the best erwin -
Balance Carry Forward to new fiscal year wrongly
Dear All,
Currently we are in 2012 fiscal year. our fiscal year starts form July to June.
The problem is user has posted some of the documents in 2010 fiscal
year 13th period after Changed the G/L account on 24.05.2010 (2010
Fiscal year) from Balance sheet account to Profit & loss account by
giving the document date is 03.09.2009 (2010 Fiscal Year) and
30.06.2010 (2010 Fiscal Year).
These 2 documents are still stored in BSEG table as a Balance sheet
items. Why these stored in this table even after change the G/L account
to Profit and loss account?
When we do the Balance carry farrowed to 2011 fiscal year, the same
amount is carry farrowed to 2011 fiscal year. Why it has carry farrowed
to new fiscal year even though it is a Profit and loss account.
Could any body give the solution for this issue.
Thanks and regards,
N. RaoDear Ravi,
Thanks for your replay.
Actually now we are in 2012 fiscal year. the documents are posted in 2010 fiscal year 13th period. It is not suggestible to do carry farrowed from 2010 to 2011 fiscal year because of the reports were already submitted.
We have done testing in quality system that reversed the posted documents by giving the same dates and later we did the f.16 to carry farrowed from 2010 to 2011. Then the balance was became "0" at 2011 fiscal year beginning. But it is not suggestible in production.
Could you please suggest any alternative solution or any correction program.
Regards,
Mr. Rao -
Balance carry forward ( FAGLGVTR - Balance Carryforward (New))
Hello experts,
can you explain us postings when we execute transaction FAGLGVTR.
Does all P&L accounts will be closed in previouse year 2007 and posted to retained earnings account ?
We see that balance is carry forwarded to retained accounts in new year 2008 but P&L accounts does not have any posting to their oposite sides in previouse year 2007.
Also because non of the real postings had hapened on retained earing account, how can we now do closing postings to capital Please help us if you can
Edited by: Dusan Stojanovic on Feb 20, 2008 6:35 PM
Edited by: Dusan Stojanovic on Feb 20, 2008 6:36 PMHi,
When the balances are carried forward, the net of all values of the P&L G/L Accounts are transferred to the Retained Earnings Account. There is no real accounting posting done in the system for this. But when you go to the new year, the P&L Accounts are shown with zero opening balance as their balances have got transferred.
For Balance Sheet Accounts, the balances have to be carried forward to the new year and for P&L they have to be set to zero. Hence the balance carry forward transfers the net of all values in P&L G/L Accounts to the retained earnings account which is a balance sheet account.
This values can be seen in G/L Balance Report as carried forward values for the retained earning G/L.
Hope this helps.
Ramanand Bhatt
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