New Financial Year -G/L Determination
Hi All,
It is observed that G/L determination accounts are missing when we set new financial year and set the document series accordingly.
Why this happens even though it is the same company (database). Is it necessary to do the G/L determination each and every year??
Please suggest how to fix this issue.
Thanks
Hi,
Kindly check Note No. [871509|https://websmp130.sap-ag.de/sap(bD1odSZjPTAwMQ==)/bc/bsp/spn/sapnotes/index2.htm?numm=871509] regarding the issue mentioned.
Regards,
Jitin
SAP Business One Forum Team
Similar Messages
-
Dear Sir,
Kindly guide us about the various steps which need to be performed to start a new financial year .
We assure to give full points for the suggested solution pl .
Regards
Sonia AgarwalHello Sonia,
Fiscal year tells how many posting periods and how many special periods you need and how the system is to determine the posting periods when posting. When you define your fiscal year you should keep in mind whether it is
- Calendar Year
- Calendar year but is not year dependent
- Non Calendar year but is year dependent
Configuration: There are standard variants like K4, V3 etc you can copy and change the description and save it.
1. Spro>FA>****>Fiscal year>Maintain fiscal year dependent (TC:OB29)
2. Assign Co code to Fiscal year variant (TC:OB37)
Thanks
Para -
Open PO's after new financial year ??
hii
If we have some open PO's after year end .(New financial year got opened )
In this case , we ahve to open new MM period using MMPV.
What are the impacts will be there in SAP system, how to proceed further.
Thankshii
Can u tel me , the steps has to be carried out in MMPV and OMSY.
Once the new Period got opened in MMPV , how to proceed furthere with ur solution.
Anthony said , there is no problem .
can soem bosy explain me the step in MMPV and OMSY??
Thanks -
How to shift to new financial year
Hi All,
I would like to know the process to shift to new fiscal year, as from April new financial year is starting.
so what i hav to do, is there any way in B1.
ArteeYou may check these documents:
Tips in Year End Closing (Documentation Resource Centre)
[https://websmp205.sap-ag.de/~form/sapnet?_FRAME=CONTAINER&_HIER_KEY=701100035871000437965&_OBJECT=011000358700001111052006E&_SCENARIO=01100035870000000183&]
Expert Empowerment Session
[https://websmp102.sap-ag.de/~sapidb/011000358700001209192007E/EoP_YE_2007.pdf]
The link provides tip and tricks when doing a Year End Closing (using the Period End Closing function). -
Profit Center cannot be posted to in new financial year
I am unable to post an invoice or any document to a particular Profit Center- the error msg says "Profit Center cannot be posted to in new financial year"
I am able to post to other PCs in the same co code.
The validity in that PC master is till year 9999 and it is activated for that co code.
Any suggestions?hi..
Pl check PC master Indicator tab if wrongly it is locked.
kkumar -
Best practice to have or to start a new financial year
Can any one please suggest a best practice to have or to start a new financial year (FY2009-2010) in SAP B1 2007 B for a trading company started on FY2008-2009 for India?
hi,
Check this links
New Fiscal Year
how to shift to new financial year
Requirement for next fiscal year
Jeyakanthan -
MIRO and MIGO number range for new financial year
All SAP Gurus,
We want same number range to be continued for MIGO and MIRO documents.
Is it needed to create the number range for MIGO and MIRO for new financial year or same number range will be continued automatiaclly?
Regards,hi,
The number range to be applied for the MIGO And MIRO documents depends on the YEAR which you have feed while maintaining the number range...If you want a new number range for next year, then you can maintain it from above transactions...Or if you wanna continue wid the same then can use the same number range as well...
As suggested maintain the number range get it applied, but remember if you maintain the number range as 2010 then that number range will be valid for the given year only...but if you give the number range 9999 then it will be valid upto 9999 year...
Hope it helps..
Regards
Priyanka.P -
Closing and opening new financial year activities
Hi everybody
I want to know step by step process to close financial year and open new financial year with transaction codes in MM prospective only. i know only number ranges to be changed. i want to know what all the things to be done in step wise with T-code.Hai Rakesh,
Month End Closing Activities in Finance
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 u2013Run 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
Period End Closing Activities in
Controlling:
What are the period end closing activities in controlling ?
The following are the period end closing activities in Controlling:
Repost CO Documents that was incorrectly posted
Run Distribution or Assessment Cycles
Run the Overhead Calculation in Product Costing
Run the WIP Calculation in Product Costing
Run the Variance Calculation in Product Costing
Run the Settlement Calculation in Product Costing which will post all the
WIP and variance to Finance and PA.
Calculate FI Data for Transfer to Profit Center
Transfer Balance Sheet Items like Recievables, Payables, Assets and
Stock
Run Results Analysis for Sales Order if applicable
Run Settlement of Sales Orders to PA.
Regards
Madhu I -
Document numbering for new financial year
Hi
i cant update assign first starting number 1 for new financial year. when i make any document its starting from last number of last year. like last year last number is 125. but i want this FY (2011-2012) staring number 1 for any document. but its starting from 126
How can i do this???
Regards,
Mizanhow can i close No. series??
"Also please be sure that you have closed the previous no. series with last no. and lock it."
your note
please see below link and open attachment. what i have done you can understand.
http://www.sendspace.com/file/diojs5
regards,
Mizan
Edited by: mizan700 on Aug 2, 2011 11:26 AM -
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 -
Financial Year Wrongly defined in SAP-B1
Hello Experts,
In SAP-B1, We have Wrongly defined Financial year i.e(01 January 2011to 31 Dec2011) Instead of (01 April 2011 to 31 March2012). Now, System not allow to chnage the financial year, because the end date automatically gets disabled.
I have tried two solutions for this as bellow,
1)Tried to end this 2011 year by extending the year by (01 Jan-2012 to 31 March 2012), but it fails because end date automatically become 31 Dec2012 and get disabled When i enter start date 01 Jan 2012.
2)Then, I tried to Close this year by defining new financial year as (01 April 2011 to 31 March 2012), but it gives error as, 'Financial year Overlaped'.
Please, hepl me for this problem and provide solution. it is very urgent.Hi suhas,
Welcome To SAP Community Network Forum
You have to create new period From 01-Jan-2012 To 31-Mar-2012 with Sub period define with month and No of period define 3.
Thanks,
Srujal Patel -
No asset values shown for new fiscal year
We have a problem with an Asset in our FA module. The Asset was created in May 08 and had costs posted to it within the same month. Depreciation was run for May & Jun 08 with no problems. Year end was Jun 08 and the asset was included in both the Asset Balances report and the Asset History Sheet.
However, the asset does not appear in either of the above reports for Period 1 of the new year. It can still be viewed in Asset Explorer (AW01N), but the cost does not appear to have been carried forward to the new financial year. There is no data in the u2018acquisition valueu2019 field for 2009 and no planned depreciation information.
We have checked the master data record and although the acquisition posting date was 24.05.2008, this date does not appear in the u2018First acquisition onu2019 field, so not sure if this is the issue?
Any ideas anyone?Hello..
You first have to change the fiscal year of the asset to next year through T Code AJRW & than only u can see the balance in the next year.otherwise i dont think there is any problem.
Regards,
Aakash -
Accumulate Values Per month in a Financial Year
Hello All,
I want to be able to accumulate all values in a financial year progressively each month and then begin again as a new financial year has been reached.
eg This is the table values
Month______ Value
May-08_____ 123
Jun-08______ 432
Jul-08_______12
Aug-08______76
Sep-08______122
Oct-08______433
Nov-08______165
Dec-08______232
Jan-09______211
Feb-09______365
Mar-09______122
I would like the following results
Month______ Value___YTD Total
May-08_____ 123_____123
Jun-08______ 432_____555
Jul-08_______12______12
Aug-08______76______88
Sep-08______122_____210
Oct-08______433_____643
Nov-08______165_____808
Dec-08______232_____1040
Jan-09______211_____1251
Feb-09______365_____1616
Mar-09______122_____1738
I tried to use the SUM(Values) over (order by Month) but not sure how to cater for the changes for each start in the financial year (July)
Hope you can help
Frank
Edited by: Species 5618 on Mar 6, 2009 10:51 AMHi Frank,
WITH TABLE_A AS (SELECT 123 Month_Value, TO_DATE('01/05/2008') Month_Fiscal_Year FROM DUAL UNION ALL
SELECT 432 Month_Value, TO_DATE('01/06/2008') Month_Fiscal_Year FROM DUAL UNION ALL
SELECT 12 Month_Value, TO_DATE('01/07/2008') Month_Fiscal_Year FROM DUAL UNION ALL
SELECT 76 Month_Value, TO_DATE('01/08/2008') Month_Fiscal_Year FROM DUAL UNION ALL
SELECT 122 Month_Value, TO_DATE('01/09/2008') Month_Fiscal_Year FROM DUAL UNION ALL
SELECT 433 Month_Value, TO_DATE('01/10/2008') Month_Fiscal_Year FROM DUAL UNION ALL
SELECT 165 Month_Value, TO_DATE('01/11/2008') Month_Fiscal_Year FROM DUAL UNION ALL
SELECT 232 Month_Value, TO_DATE('01/12/2008') Month_Fiscal_Year FROM DUAL UNION ALL
SELECT 211 Month_Value, TO_DATE('01/01/2009') Month_Fiscal_Year FROM DUAL UNION ALL
SELECT 365 Month_Value, TO_DATE('01/02/2009') Month_Fiscal_Year FROM DUAL UNION ALL
SELECT 122 Month_Value, TO_DATE('01/03/2009') Month_Fiscal_Year FROM DUAL)
SELECT TO_CHAR(Month_Fiscal_Year, 'MON-YYYY') As Month_Fiscal_Year, Month_Value, YTD_Total
FROM(SELECT Month_Value, Month_Fiscal_Year
FROM TABLE_A)
MODEL
DIMENSION BY(Month_Value, Month_Fiscal_Year)
MEASURES (0 YTD_Total)
RULES (YTD_Total[ANY,ANY] = SUM(Month_Value) OVER (PARTITION BY TRUNC(ADD_MONTHS(Month_Fiscal_Year,6),'YYYY')
ORDER BY Month_Fiscal_Year))result
MONTH_FISCAL_YEAR MONTH_VALUE YTD_TOTAL
MAI-2008 123 123
JUN-2008 432 555
JUL-2008 12 12
AGO-2008 76 88
SET-2008 122 210
OUT-2008 433 643
NOV-2008 165 808
DEZ-2008 232 1040
JAN-2009 211 1251
FEV-2009 365 1616
MAR-2009 122 1738Regards,
Christian Balz
Edited by: Christian Balz on 05/03/2009 17:02 -
Resetting a clearing document from a previous financial year - Vendor Payment
Finance team needs to reset a cleared item from a previous financial year. The cheque was
never presented. They are unable to create a new invoice to pay the vendor without this cheque going
through and being processed.
However, when using transaction code FBRA they receive an error message
"clearing document from alternative fiscal year-. Message no F5A258".There are two option
1. You Open the Close Period, or change the reversal code, which can allow alternative posting in the current period.
2. Go to the IMG - Controling - General Controlling - Change Message control. Give the message application area and then the number and turn it off. (Tcode : OBA5)
With regards,
Uttam Maity -
Error while saving FYV : Gaps in financial year variant periods
Hello Experts,
We are getting an error while saving a new FYV as:
Gaps in financial year variant periods XY
Message no. FGV556
Diagnosis
The period specification has gaps. The periods must be sequentially numbered without any gaps.
System Response
Only a correctly defined period assignment can be saved.
Procedure
Define the periods with consecutive numbers.
Details: The new FYV has 52/53 weeks as posting periods depending on calendar year.
For example, we are trying to define Fisc 2009 as follows. (Fiscal year 2009 = Nov 01 2008 to Oct 31 2009).
Month-Day-Period-Yearshift
11 --- 7 --- 1 --- +1
11 --- 14 --- 2 --- +1
11 --- 21 --- 3 --- +1
11 --- 28 --- 4 --- +1
12 --- 5 --- 5 --- +1
12 --- 12 --- 6 --- +1
12 --- 19 --- 7 --- +1
12 --- 26 --- 8 --- +1
12 --- 31 --- 9 --- +1
1 --- 3 --- 9 --- 0
1 --- 10 --- 10 --- 0
1 --- 17 --- 11 --- 0
1 --- 24 --- 12 --- 0
1 --- 31 --- 13 --- 0
2 --- 7 --- 14 --- 0
2 --- 14 --- 15 --- 0
2 --- 21 --- 16 --- 0
2 --- 28 --- 17 --- 0
3 --- 7 --- 18 --- 0
3 --- 14 --- 19 --- 0
3 --- 21 --- 20 --- 0
3 --- 28 --- 21 --- 0
4 --- 4 --- 22 --- 0
4 --- 11 --- 23 --- 0
4 --- 18 --- 24 --- 0
4 --- 25 --- 25 --- 0
4 --- 2 --- 26 --- 0
5 --- 9 --- 27 --- 0
5 --- 16 --- 28 --- 0
5 --- 23 --- 29 --- 0
5 --- 30 --- 30 --- 0
6 --- 6 --- 31 --- 0
6 --- 13 --- 32 --- 0
6 --- 20 --- 33 --- 0
6 --- 27 --- 34 --- 0
7 --- 4 --- 35 --- 0
7 --- 11 --- 36 --- 0
7 --- 18 --- 37 --- 0
7 --- 25 --- 38 --- 0
8 --- 1 --- 39 --- 0
8 --- 8 --- 40 --- 0
8 --- 15 --- 41 --- 0
8 --- 22 --- 42 --- 0
8 --- 29 --- 43 --- 0
9 --- 5 --- 44 --- 0
9 --- 12 --- 45 --- 0
9 --- 19 --- 46 --- 0
9 --- 26 --- 47 --- 0
10 --- 3 --- 48 --- 0
10 --- 10 --- 49 --- 0
10 --- 17 --- 50 --- 0
10 --- 24 --- 51 --- 0
10 --- 31 --- 52 --- 0
The above entries cover all the dates in calendar year 2009, that is, Jan 2009 to Oct 2009 is covered by periods 10 to 52 and Nov 01 2009 to Dec 31 2009 is covered by period 1 to 9 of the following fiscal year 2010.
Inspite of making sure that all the days of 2009 are covered by periods 1 to 52. We are still unable to save the FYV.
Please help!
SusanHello, I am getting this error while saving the FSV. My FSV is based on Weeks. Below is what I am inputting for this. Other details are Calender Year - 2017, No. of posting periods - 53, checked year dependent. Also, I have FSV for previous years also where weeks are 52 but configured as 53. So, hope that this is not creating this issue. Solicit your early response.
Month
Day
Period
Year Shift
1
7
1
0
1
14
2
0
1
21
3
0
1
28
4
0
2
4
5
0
2
11
6
0
2
18
7
0
2
25
8
0
3
4
9
0
3
11
10
0
3
18
11
0
3
25
12
0
4
1
13
0
4
8
14
0
4
15
15
0
4
22
16
0
4
29
17
0
5
6
18
0
5
13
19
0
5
20
20
0
5
27
21
0
6
3
22
0
6
10
23
0
6
17
24
0
6
24
25
0
7
1
26
0
7
8
27
0
7
15
28
0
7
22
29
0
7
29
30
0
8
5
31
0
8
12
32
0
8
19
33
0
8
26
34
0
9
2
35
0
9
9
36
0
9
16
37
0
9
23
38
0
9
30
39
0
10
7
40
0
10
14
41
0
10
21
42
0
10
28
43
0
11
4
44
0
11
11
45
0
11
18
46
0
11
25
47
0
12
2
48
0
12
9
49
0
12
16
50
0
12
23
51
0
12
30
52
0
12
31
1
+1
Thanks
Deepankar
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