Steps for Financial Closing in SAP

Hello ,
I would like to know the steps to carry the financial closing in SAP , or may somebody have a manual to let me.
I would like to know also the steps for assets closing.
Some help would be very useful for me.
Thank you very much.

For now I will give you the guide on asset accounting closing. If I find the time later, I will add FI. For asset accounting, proceed as follows:
1. Tcode: AJRW ( Fiscal Year Change). Enter your company code and new fiscal year. For example 2009 + 1 = 2010
2. Tcode: AJAB close fiscal year. For example 2009.
Regards,
Elias

Similar Messages

URGENT :: STEPS For De-installation of SAP R/3 4.7

Hi ,
can anybody tell me what are the STEPS For De-installation of SAP R/3 4.7
Points will be rewarded .
Regards ,
AMber S

since when de-installing SAP is urgent?
uninstall SAP: D:\usr\sap\PBW\SYS\exe\uninstsap.exe
uninstall Oarcle: Start -> program -> oracle - SID -> Oracle installation products -> universal installer... choose uninstall.
or better yet:
format c:

Steps for Data extraction from SAP r/3

Dear all,
I am New to SAP Bw.
I have done data extraction from Excel into SAP BW system.
that is like
Create info objects > info area> Catalog
--> Character catalog
--> Key catalog
Create info source
Upload data.
create info cube
I need similar steps for data extraction for SAP R/3
1. when data is in Ztables ( using Views/Infosets/Function etc)
2. When data is with Standard SAP using Business Content.
Thanks and Regards,
Gaurav Sood

hi,
chk the links
Generic Extraction
https://www.sdn.sap.com/irj/sdn/go/portal/prtroot/docs/library/uuid/84bf4d68-0601-0010-13b5-b062adbb3e33
CO-PA
http://help.sap.com/saphelp_46c/helpdata/en/7a/4c37ef4a0111d1894c0000e829fbbd/content.htm
CO-PC
https://www.sdn.sap.com/irj/sdn/go/portal/prtroot/docs/library/uuid/fb07ab90-0201-0010-c489-d527d39cc0c6
iNVENTORY
https://www.sdn.sap.com/irj/sdn/go/portal/prtroot/docs/library/uuid/f83be790-0201-0010-4fb0-98bd7c01e328
Extractions in BI
https://www.sdn.sap.com/irj/sdn/wiki
LO Extraction:
/people/sap.user72/blog/2004/12/16/logistic-cockpit-delta-mechanism--episode-one-v3-update-the-145serializer146
/people/sap.user72/blog/2005/01/19/logistic-cockpit-delta-mechanism--episode-three-the-new-update-methods
/people/sap.user72/blog/2005/02/14/logistic-cockpit--when-you-need-more--first-option-enhance-it
/people/sap.user72/blog/2004/12/23/logistic-cockpit-delta-mechanism--episode-two-v3-update-when-some-problems-can-occur
/people/sap.user72/blog/2005/04/19/logistic-cockpit-a-new-deal-overshadowed-by-the-old-fashioned-lis
Remya

Steps for Email integration in sap crm system?

Hi Experts,
Please guide me the steps for email integration so that the emails are in syn with the WEB UI Interaction centre.Settings at the backend GUI are already defined.Actually in my case the Development system is not integrated with Email sync in WEB UI.I need to test the email functionality in Development system as steps I have followed are as below:
1)TCode :- SBWP,then I have created a mail & send it to email address which is defined in the SO28
2)TCode :- SOST,there I have clicked on my test mail,select it & click on execute button,green light appears & shows the message that the email is successfully forwarded.
Now when I open Web Ui,select my business role & then I go to inbox in the Navigation Bar,select email & click on search.Then it does not appear anything & shows search result zero.
Kindly suggest me the steps so that I can see my test email in Dev system Web Ui business role .
Thanks
Warm Regards
Vineet Joshi

Hi Prashant,
Thanks for your response. I want steps to configure communication channels like e-mail & fax to facilitate receipt of invoice from vendors, sending of PO to vendors, cheques, payment advices to name a few. Please let me know the detailed configuration steps for the same and also do we need to instal any tool to facilitate this process.
Thanks
Best regards,
Bhaskar
Edited by: Bhaskar Umashankar on Nov 25, 2008 4:08 AM
Edited by: Bhaskar Umashankar on Nov 25, 2008 4:08 AM

Steps for FM closing. we have BCS activated and annual and multiannual budg

Hi,
We are in ECC 6.0, BCS is activated, PBET is activated, master data are year independant, the update profile is 101 and annual and multiannual budget coexist in harmony using fund type.
I am confused on the different steps to follow in order to close annual budget. For multiannual no necessary to have closing.
Best regards
Salvator

Hi all,
Here my conclusions about Closing issues when you have in parallel annual budget and multiannual budget in ECC 6
Finally SAP is designed like this in ECC 6.
When you activate multiannual budget in BCS and you have PBET acivated and Budget profile 0101 you can manage in parallel annual and overall budget
Conditions
>BCS is activated
>independant year master data commitment and funds centers
>create fund types annual and multiannual and the field funf type has to be mandatory
>in fund master data add the fund type
>activa multiannual budget
>activate PBET
>in BCS availability checking horizon say that by default the checking horizon is multiannual
>create a substitution checking horizon annual and fill the values fund type is annual
example on multiannual budget
I have an investment budget on FMAA 2008-A/76432/510000 of 1000 EUR in 2008
In fund 2008-A i add fund type multiannual
In 2008 i create a funds commitment of 600 EUR and ain invoice of 400 EUR
in 2010 i can pay the invoice of 400 EUR without carryforward nothing
In 2011 i can have an invoice of 200 EUR referencing the funds commitment created in 2008 without any carryforward
Example of annual budget
I have an operational annual budget on the FMAA 7000/70001/315000
In the fund master 7000 i have added the fund type annual
I create with FMBB an annual budget of 1000 EUR in 2008
It is impossible to create a funds commitment in 2009. Logic
It is impossible to create an invoice in 2009. Logic
In 2008 i have a funds commitment of 700 EUR and an invoice of 500 EUR consuming the funds commitment.
I have another funds commitement of 300 EUR without any invoice in 2008
Closing
I don't want to use the last funds commitment of 300 EUR in 2009 i close it with tcode FMMC
I want to pay in 2009 my invoice of 500 EUR. i don't need to carryforward nothing it is payable. This ok for public sector needs
I want to create an invoice of the remaining open funds commitment 200 EUR in 2009. The system accept without carryforward. This is an issue because many clients would like to carryforward this earmarked fund. here i had many headeaches to convince the client. And SAP said the system is designed now like this. i don't know if in the future they will improve the system
Briefly no needs to carryforward open items when you have activated multiannual budget in BCS ECC 6 anb PBET and you want to manage in parallel operational and investment budgets in FM
Good luck to all
Salvator
PSM-FM Consultant in ECC 6.0
Neo technologies
Lausanne
Suitzerland
If someone else has another solution, please add some comments

Steps for Monthly Closing

Hi,
I'm a newbie to HFM. Can someone help me what are the steps involved in a Monthly Closing Financial Consolidation?
Thanks.

closed

Functions in Interaction Center for Financial Customer Care - SAP Library

To add a comment, please log in or register on the top of this page and choose Reply. Please write your comment in English.
You can also go back to the SAP help page.

Hi Experts,
Any idea plz ?
Thanks

Customer Overviews - Functions in Interaction Center for Financial Customer Care - SAP Library

To add a comment, please log in or register on the top of this page and choose Reply. Please write your comment in English.
You can also go back to the SAP help page.

Hi Experts,
Any idea plz ?
Thanks

Steps for Period end closing

Hi All,
Can any one please provide me with the actual steps towards Period end Closing and year end closing for Financial Closing.By step I mean steps in order i.e which step will be followed by which one.
This is urgent
Pinee

Hi
http://www.sap-basis-abap.com/fico/sap-fi-month-end-and-year-end-activities.htm
First you will have to close the Posting period in the Materials Management side. To do this use the T.Code MMPV and give the period that needs to be Opened. Once this is done you will not be able to Post any Material Documents in the previous period.
Now at the Financial side you need to open the next period and at the same time you need to close the Previous period. This can be done in T.Code OB52
here is the list for FI/CO year end closing check list:
now i am sending one document with T.codes
CLOSING ACTIVITIES
1 Execute Report for Inter Company Activity & Journal Entries
2 Open posting period for next yr (T.Code: OB52)
3 Run Business Area's Assignment report. (T.Code: F.50)
4 Review list of recurring journal entries (T.Code: FBD3)
5 Execute Recurring Entries for A/R, A/P, G/L (T. Code: F.14)
6 Process Parked A/R, A/P, G/L accounting documents (T.Code: FBV0)
7 Final Cutoff for the Maintenance of Fixed Asset- Add Transfer and Retire (T.Code: ABUMN)
8 Run Depreciation in Test Run and post (T.Code: AFAB)
9 Verify Display Log for Depreciation Test Run (T.Code: AFBP)
10 Capitalize AUC Assets if needed (T.Code: AIAB, AIBU)
11 Enter Payroll Data to SAP (T.Code: CAT2)
12 Verify Depreciation Balances with GL balances (T.Code: ABST2)
13 Post Depreciation (T.Code: AFAB)
14 Execute Asset History Report, and retire assets if needed (T.Code: S_ALR_87011963, ABAVN)
15 Adjust specific depreciation areas if necessary (T.Code: ABCO)
16 Reconcile AM sub ledger with GL (T.Code: ABST2)
17 Check Bank Data (T.Code: S_P99_41000212)
18 Review AR Open Items (T.Code: FBL5N)
19 Review AP Open Items (FBL1N)
20 Execute Pending Invoices(T.Code: MRBP)
21 Clear Open Item for GRIR, freight (T.Code: F.13)
22 Reconciliation of Financial Documents and transactional figures (F.03)
23 Open new CO Posting Period: (T.Code: OKP1)
24 Compare current (cost estimates) with last current price (Moving Avg) (T.Code: OKBH)
25 Update current cost price to material master price field (T.Code: CK11N, CK24)
26 Process Freight charges, Match SD freight to actual (T.Code: V-31)
27 Review Internal Order Postings(T.Code: OKSA)
28 Settle All Orders (T.Code: KO88)
29 Verify All Post Goods Issue have been Invoiced (Billing Due List) (T.Code: VF04)
30 Review SD Billing Doc from prior month that have not yet been released to accounting (T.Code: F.2D)
31 Reconciliation of MM movements in Transit Intra-SAP to Non SAP
32 Reconcile PI Inventory with SAP (T.Code: MI07)
33 Perform Manual Adjustment if needed (T.Code: F-02, FB50)
34 Verify balance of the GR/IR account (T.Code: MB5S)
35 Post Accruals and Deferrals (T.Code: FBS1)
36 Clearing of Cancelled Documents (T.Code: F-03, F-32, F-44)
37 Check Profitability Segment Adjustment (T.Code: KISR)
38 Aging Report-Reconcile GL balances with sub ledger balances AP (T.code: FBL1N, FBL5N, FBL3N)
39 Check the check run numbers (T.Code: FCH1, FCHI)
40 Bank reconciliation Data (T.Code: FF67 & FEBA)
41 Enter Tax Journal Entry (T.Code: FB41)
42 Reconcile GL balances with sub ledger balances AR/MM/AP (T.Code: F.03)
43 Display Balance Sheet Adjustments (T.Code: F.5F)
44 Post Balance Sheet Adjustments (T.Code: F.5E)
45 Post Foreign Currency Valuation (foreign exchange) (T.Code: F.05)
46 Check generic cost centers for posting with wrong accounts
47 Correct wrong postings on generic cost centers
48 Check Validation dates for Cost Centers, Cost Elements, CO area (T.Code: GGB0)
49 Check COGI--for both month end and year end
50 Doubtful receivables (T.Code: F104)
51 Verify In-transit Inventory
52 Reconcile PA to G/L (T.Code: KE5U)
53 Post Cost Center Assessments and Distributions (T.Code: KSU5 & KSV5)
54 Run CO-FI Reconciliation to balance (T.Code: KALC)
55 Run BW reports P&L and Balance Sheet
56 Maintain CO yr variant (T.Code: KCRQ)
57 Fiscal Yr Balance carry forward AP/AR/AM (T.Code: F.07,
58 Fiscal Yr Balance carry forward CO (T.Code: CXS1)
59 Fiscal Yr balance carry forward FI (T.Code: F.16)
60 Fiscal Yr balance carry forward PCA (T.Code: 2KES)
61 Set Document number ranges - FI - new year (T.Code: OBH2, OBA7)
62 Set Document number ranges AP/AR - new year (OBA7)
63 Generate Financial statement Reports (T.Code:OB58) OR (T.Code: FSE2)
64 Change Fiscal Year For Assets (T.Code: AJRW)
65 Year end Closing-- Asset Accounting--final for year end (T.Code: AJAB)
66 Close CO Posting Period : (T.Code: OKP1)
67 Close Prior A/R Posting Period (T.Code: OB52)
68 Close Prior A/P Posting Period (T.Code: OB52)
69 Close Prior MM Posting Period (T.Code: OMSY)
70 Reverse accruals and deferrals for the new month (T.Code: F.81)
71 Reconciliation of Financial Documents from old fiscal year and new fiscal year (T.Code: FNSL)
72 Load Balances, Budget Data for Cost centers, sales
73 Update Retained Earning Account , balance carry fwd (T.Code: F.16)
Month end closing Activities
1. All the expenses including amortization, prepaid expenses, Preliminary expenses and accruals have been booked.
2. Complete Bank Reconciliation (T.Code: FF67)
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. (T.Code:F-22 & F-43)
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 (T.Code:OB52)
Year end closing Activities:
1. Calculate production work in progress on process orders which are not technically complete. (CO88).
2. Carry out Assessment cycle for Cost Centers.(T.Code: KSUB)
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)
Hope ths helps
Please reward points
Sunil

Sap FICO Certification for Financial Accounting with mySAP ERP 2005

Hi,
I would like to write SAP-FICO Certification for Financial Accounting with mySAP ERP 2005
Topic areas:
SAP overview, Financial Accounting Master Data, Document and Posting Control,Special General Ledger Transactions, Document Parking, Substitution and Validation ,Payment Program, Dunning Program, Correspondence, Interest Calculation,Evaluation Options in Reporting ,Closing Operations in Financial Accounting ,Asset Accounting,The New General Ledger,SAP Solution Manager.
If anyone have the Material for above topics, please send me my mail Id: [email protected]
if anyone appeared recently for certification for the same code, please send model questions and answers.
i will be very thankfull to you.
Regards,
Satyaprakash

Hi
I am also writing SAP-FICO Certification for Financial Accounting with mySAP ERP 2005.
Request you to send me whatever the material you have in this regard.
thanking you in advance
Suri

UI configuration in SAP MDG 7.0 for Financial

Hello all
Now I'm working in sap MDG 7.0 SP2 for Financial. I want to create UI configuration based on change request step.
I copied standard ui configuration for Cost center MDGF_0G_OVP_CCTR into Z configuration. I also configured Properties of change request step
and link logical action, but when I create cost center, my change request form is missing.
Please help to find out,maybe I missed some step...
Regards
Firmansyah WH

Hello Firmansyah
Please find answer to your queries. As suggested by Marcus, don't copy the UI unless its really required.
1. Requester fill cost center description - Create a change request type with CCTR / CCTRH and CCTRG added in it. Don't select single object or object required. When requester will create a request for cost center, they will able to fill up only description.
2. When the request is with approver, they can change any field if the request is not read only. You can either give read only access or give full authorization. These are the only 2 options available and I feel its valid.
Kiran

Q&A for Optimizing Financial Closing Process for IFRS Webonar

Hi all,
Q&A for the webinar #4 in the [IFRS@SAP Webinar series|http://bit.ly/HU1KY], focused on optimizing financial closing process for IFRS reprting will be available in the forum through [IFRS Q&A Wiki|https://wiki.sdn.sap.com/wiki/pages/viewpage.action?pageId=137954255] early next week. Sorry for the delay.

Hi All,
The Q&A for this webinar is now available in the wiki. See [Optimizing the Financial Closing Process for IFRS|http://wiki.sdn.sap.com/wiki/x/IQRiC].
Regards,
Audrey

Financial Closing for Peru

Does anybody knows how to perform an entire financial closing fullfilling legal requirements for Peru, using standard SAP transactions?
Thanks,

I 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.

Connection steps for SAP BW and R/3

Hi Every Body,
Can you please explain me detail about the connectivity between R/3 and BW.
General steps which am aware is as follws;-
SAP R/3 steps to be performed
1. Define Logical system---->(e.g ABC100)
2. Assign client to logical system -->(100)
3. Define RFC Destination.(Here I assume I have to give Destination user name and password should be the user which have SAP_ALL authorization) Am I right.
SAP BW Steps:-
4. Define Logical system---->(e.g ABC100)
5. Assign client to logical system -->(100)
6. Define RFC Destination.(Here I assume I have to give Destination user name and password should be the user which have SAP_ALL authorization) Am I right.
Then in BW Environment in RSA1->Source Systems->right click and choose Create
There are two options available for R/3 system one is Manual and one is Automatic.
For Manual creation we give RFC Destination should be BW system and Logical system should be R/3 and Source system name is xyz.
Is there any other steps am missing.What about the inbound and outbound Idoc Parameters.
I feel this will help while transferring data to BW.am I right.
Please clearly explain the steps for R/3 and BW connectivity.
Regards,
VJ

Hi,
For Manual creation we give RFC Destination should be BW system and Logical system should be R/3 and Source system name is xyz.
RFC Destination should be R/3 system. NOT BW system.
should i make connection with only R/3 200(Data Client) to BW
Yes you have to connect to 200 only. Not to 100.Other wise you will not get data from R/3 to BW.
What is the Use of Transport Button in RSA6.Post Processing data sources.
It will be used to create Trasnport requests on DS .
Suppose if i activate data source from Customizing client(100)and click on Transport button in RSA6 if there is connection with this client to BW. What is the Impact.
It will not give any impact on BW. Actually it ask you to create a Transport requset by Prompting the message box. After click on create button and entering the description, it will create a transport request.
Clearly explain me in detail what happen when i choose Transport Button in RSA6 for BC data sources.
It is must and should process. Because you will not activate(using of RSA5) the DS in quality R/3 system. So to use this DS in QA system, you will import the Transport request creatd in DEV r/3.
In your case, you will use client 100 for activating the DS and creating Transport reuests. And then these DS are automatically available in client 200, because DS are Client independent.
With rgds,
Anil Kumar Sharma .P

POST Installation steps for SAP XI 7.0 SP06

Hi Experts ,
We are trying to install XI 7.0 SP06.We are suppose to carry out post installation
steps but we are not able to locate a proper post installation guide for the same.
We have succesfully installed XI 3.0 earlier .However XI 7.0 post installation steps in the guide that we have "SAP NetWeaver 2004s SR1 ABAP+Java on Windows: Oracle" , are relatively less...
Nevertheless, we have carried out the following steps
5.21.1 Performing PI-Specific Steps for SLD Configuration
Local and Central System Landscape Directory (SLD)
Mapping Security Role to User
1. Log on to the Visual Administrator of the J2EE engine of the SLD host.
2. Choose Cluster® Server® Services® Security Provider.
3. In the Runtime tab, choose Policy Configurations and then the column Components, and select the component
sap.com/com.sap.lcr*sld.
4. Switch to the Security Roles tab to display the assigned roles.
5. Select role LcrInstanceWriterLD.
The user SLDAPIUSER already exists with its security role LcrInstanceWriterLD.
6. Switch to edit mode and add user PIAPPLUSER with the same role LcrInstanceWriterLD.
Note
For a central SLD, the user PIAPPLUSER must be created in the central SLD ABAP system first and be
assigned to ABAP role SAP_XI_APPL_SERV_USER. The password must be same as in the XI Exchange
Profile on the XI Integration Server.
Note
For information on the UME actions, see the Post-Installation Guide - SLD of SAP NetWeaver 2004s, section
Configuring SLD Security, at service.sap.com/sld® Media Library.
Maintaining SLD Connection Parameters (ABAP API)
1. Log on to the SAP XI Integration Server System as user DDIC and call transaction SLDAPICUST. The screen
Maintain SLD Access Data is displayed.
2. Choose Display <-> Change and proceed as follows:
a) Replace the existing SLDAPIUSER with PIAPPLUSER user.
Note
For a central SLD, make sure you use the user with security role LcrInstanceWriterLD.
b) Make sure your entry is marked as Primary.
Note
Only the entry marked as Primary is active.
c) Save your settings.
April 10, 2006 PUBLIC 97
Now we don't know wether the sld configuration is over or not ...or for that matter in RWB we see only J2se based adapter engine and not J2ee based adapter engine...
Kindly help

Hi..
Instaed doing this,please try out template based configuration which has been mentioned in the installation guide or else do as follows
1.Login into NWA (netweaver administrator)
as
http://<host.<domain>.<com>:<port>/nwa
2.Use J2ee_admin user id and password
3.go to deploy and change
4.select template based configuration for PI
5.execute the template
6.install it
you can find the list of other templates which are clear and easy to do the post installation step..i found it useful ..
Apart from these, as per sandro, you can check the data transfer in visual administrator or go the abap engine, transaction RZ70, press accept proposal button
then execute button , check the data supply without any error
Thanks
Gopal
(Avoid points if useful)

Steps for Financial Closing in SAP

Similar Messages

Maybe you are looking for