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.
Thanks
hii
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
Similar Messages
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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 -
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.
ThanksHi,
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 -
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 -
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 -
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 -
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 -
Unable to open iTunes account after new .Mac account is opened
I recently opened a .Mac account and it appears that Apple totally changed all my previous accounts. All of my accounts where changed even iTunes. Now I can't get into my iTunes account with the old name nor the new .Mac either. I have a balance to my iTunes account and no way to find it. Does anyone have any idea how to send an e-mail to iTunes or figure a way to find my old account?
got my answers
-
Acrobat Pro X fails to open PDF files after new install
Hi
We have installed Adobe Design Premium CS5.5 and the issue we have is that when you try to open a PDF document directly nothing happens, the egg times displays for 1-2 seconds then disapears. We have to open Acrobat Pro from the start menu and let it open, then close it again, when we then try again to open a PDF document directly it now opens.
Why wont Adobe open the document directly without having to open the program first?
We are a school and have Adobe Design Premium installed on 500 computers.
ThanksUsually related to file associations in Windows. Right click on the PDF and select the Open With option and select Acrobat. Be sure to check "always open with."
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Date Range according to Financial year-end
Hi
I'm building this Discoverer report and one of my parameters is a LoV date field, which gives me a date range from Jan to Dec each year. Now my problem is, I want my date range to be as per our Financial Year End, which is from 01-Oct-03 to 30-Sep-04.
You'd find "<All>" amongst the range. This "All" currently indicates date between Jan 2003 - Dec 2003. Now I need to write a query/trigger that will put my date range to be between 01-Oct-02 to 30-Sep-03 recurring automatically after each Financial year-end.
ThanksHi,
Although I haven't tried it, you should be able to use a combination of hierarchies and alternative sorts to accomplish this.
How have you created your list of values? If your LOV is a list of months and years e.g. JAN-2003, FEB-2003 etc, you can create a alternative sort which will make OCTOBER the first month of the year - i.e. with value 1, and NOVEMBER = 2 and so on...
Sorry this is a bit vague. I will try and test tomorrow and see if it works, but this should be enough to give you an idea of how to progress. -
Hi
I'm building this Discoverer report and one of my parameters is a LoV date field, which gives me a date range from Jan to Dec each year. Now my problem is, I want my date range to be as per our Financial Year End, which is from 01-Oct-03 to 30-Sep-04.
You'd find "<All>" amongst the range. This "All" currently indicates date between Jan 2003 - Dec 2003. Now I need to write a query/trigger that will put my date range to be between 01-Oct-02 to 30-Sep-03 recurring automatically after each Financial year-end.
ThanksHi,
You might want to post the Q on Discoverer Forum also
Discoverer
Navneet. -
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
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