What is Month End Procedure using in Business Area?
Hi All,
What is Month End Procedure using In Business Area?
Thank you
Ramakanth
Hi,
As my experience business area month end to check the profitability each b. areawise and all the month end adjustment entries should be enter business area wise. We can also check the clearning for one business area to anyother b.area.
Regards,
Pankaj
Similar Messages
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Schedule manager for month-end procedure
Hi,
I have to prepare Business Process Procedure(BPP) & Configuration Guide For "schedule manager for month-end procedure" .Plz help me by giving some inputs to prepare the documents.Its urgent....
***points will be assigned.
Thanks
Sap Guru
[email protected]Have a look at the 3rd party tool called RunBook http://www.runbook.nl/
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Please explain settings for the Month End Procedure
What are the precautions need to be takenHi,
Month end processes to be followed:
Month-End Closing: Checklist
Assets
Fixed Assets
- Execute the depreciation run and update the batch input session (SAP FI-AA)
Current Assets
Inventories
- GR/IR clearing account u2013 clarify any differences and correct them if necessary (SAP LO-MM)
- Clear the GR/IR clearing account (SAP FI)
Prerequisite: Accounts have already been maintained by MM
- Period closing program (SAP LO-MM)
- Settle the work in process (SAP FI-CO)
- Post the reconciliation ledger (SAP FI-CO)
Receivables and Other Asset Items
- Check whether all the billing documents have been posted (SAP LO-SD)
- Valuate the foreign currency for the open items (SAP FI), see also Payables
- Valuate the foreign currency for the balances (SAP FI + SAP FI-TR)
Accruals and Deferrals
- Post accruals/deferrals (SAP FI-TR + SAP FI)
Liabilities and Owneru2019s Equity
Accruals
Payables
- Payroll accounting (SAP HR)
- Valuate the foreign currency for the open items (SAP FI), see also Receivables
- Valuate the foreign currency for the balances (SAP FI + SAP FI-TR)
Accruals and Deferrals
- Post accruals/deferrals (SAP FI)
Miscellaneous:
Additional Tasks (SAP FI)
- Post accruals/deferrals (SAP FI)
Check whether the accrual/deferral documents have to be reversed
- Carry out recurring entries and update the batch input session (SAP FI)
- Reconcile cost of sales accounting/period accounting/profit center ledger (SAP FI/SAP FI-CO)
- Close the posting period (SAP FI)
- Run the reconciliation program (SAPF190)
This program checks the documents and transaction figures in the R/3 System. You can only execute this run if you do not intend to carry out any postings for the period, otherwise reconciliation differences will occur. You can schedule the job to run in the background.
Printing Reports and Notifications:
- Balance sheets and P&L statements
- Advance return for tax on sales and purchases
- INTRASTAT declarations (SAP LO-MM)
- Account balances (SAP FI)
- Journals (SAP FI)
Internal Closing (SAP FI-CO)
Internal order and project-related tasks:
- Transfer postings, surcharges, project interest calculation, settlement
Product and production-related tasks:
- Release a standard cost estimate, perform inventory costing, transfer postings, surcharges
Variance calculation, results analysis, and settlement
Cost center-related tasks:
- Transfer posting, distribution, assessment, activity allocation, transfer key figures, cost center variance, price calculation
Results-related tasks
- Evaluate actual postings, transfer external data, distribution, assessment, transfer balance sheet items to PCA
Hope this helps
regards,
radhika -
What is the procedure in month end?How do we do month procedures?can anybody give me some examples in month end procedure?
hi Kischow,
Month-End Closing: Assets
Checklist
<b>Assets</b>
Fixed Assets
-Execute the depreciation run (SAP FI-AA)
<b>
Current Assets</b>
Inventories
-GR/IR clearing account clarify any differences and correct them if necessary (SAP LO-MM)
-Clear the GR/IR clearing account (SAP FI)
Prerequisite: Accounts have already been maintained by (SAP LO-MM)
Period closing program (SAP LO-MM)
-Settle the work in process (SAP FI-CO)
-Post the reconciliation ledger (SAP FI-CO)
Receivables and <b>Other Asset Items</b>
-Check whether all the billing documents have been posted (SAP LO-SD)
-Valuate the foreign currency for the open items (SAP FI), see also Payables
-Valuate the foreign currency for the balances (SAP FI + SAP FI-TR)
<b>
Accruals and Deferrals</b>
-Post accruals/deferrals (SAP FI-TR + SAP FI)
<b>Liabilities and Owners Equity</b>
Accruals
Payables
-Payroll accounting (SAP HR)
-Valuate the foreign currency open items (SAP FI), see also Receivables
-Valuate the foreign currency G/L balances (SAP FI)
Accruals and Deferrals
-Post accruals/deferrals (SAP FI)
Miscellaneous:
Additional Tasks (SAP FI)
-Post accruals/deferrals (SAP FI)
-Check whether the accrual/deferral documents have to be reversed
-Carry out recurring entries and update the batch input session (SAP FI)
-Reconcile cost of sales accounting/period accounting/profit center ledger (SAP FI/SAP FI-CO)
-Close the posting period (SAP FI)
-Run the reconciliation program (SAPF190)
This program checks the documents and transaction figures in the R/3 System. You can only execute this run if you do not intend to carry out any postings for the period, otherwise reconciliation differences will occur. You can schedule the job to run in the background.
Printing Reports and Notifications:
-Financial Statements (Balance sheet and P&L account)
-Advance return for tax on sales and purchases (VAT)
-EC sales list (quarterly)
-INTRASTAT declarations (SAP LO-MM)
-Account balances (SAP FI)
-Journals (SAP FI)
Internal Closing (SAP FI-CO)
Internal order and project-related tasks:
-Transfer postings, surcharges, project interest calculation, settlement
Product and production-related tasks:
-Release a standard cost estimate, perform inventory costing, transfer postings, surcharges
Variance calculation, results analysis, and settlement
Cost center-related tasks:
-Transfer posting, distribution, assessment, activity allocation, transfer key figures, cost center variance, price calculation
Results-related tasks
-Evaluate actual postings, transfer external data, distribution, assessment, transfer balance sheet items to Profit Centre Accounting (PCA).
Pls click on the below link for more info..
http://help.sap.com/saphelp_46c/helpdata/en/c2/37c1767ab411d1950300a0c93031df/frameset.htm
Assign the points.....
Ranjit
null -
What is month end valuation in foreign currency?
what is month end valuation in foreign currency? by doing this what entries will be passing?
Hai venu my id is vijayamsrinivas yahoo.co.in
system is not accepting at the rate. so i have ginen space. my no:9739285428
thanks -
How to restric the use of Business Area and Plant in PTC module
Hi Expert,
I am facing a problem with restricting the use of Business Area and Plant in PTC module.
In this project we are trying to controle the user access or transaction as per the Business Area and Plant.
We have applied same authorisation in the PTF module.
Please help me if there is any authorisation object which give Plant and business area restrictions for all the transactions.
Note: We have already inserted two authorisations object manually -
1) F_BKPF_GSB
2) A_IMPR_GSB
but it's not working, is there any other way to restrict all the trasactions as per the Business Area and Plant.
Regards,
VenkateshHi,
have you done OMJ7?
Anyway you can assign plant to Branch and restrict by Validation rules (GGB4)
Regards -
Procedure to Lock Business Area
Dear Expert,
Can you tell me how's the procedure to lock business area?
Thanks and Regards,
YLHi
You have two possibilities
1/ Through Authorization object Z_BKPF_GSB, you can restrict the user to assigne role for Business area in the authorization object. so that he can post only to it
2/ you can create Validation rule to retrict the user
Note: Better to avoid deletion, it may create data inconsistenacy for already posted documents
reg
Vishnu -
Getting Error while doing month end provisions using FS00
Hi Guru,
please suggest.
while making month end provisions for salraies by using t code FS00 geeting error that Account XXXXX does not exist in company code level
please help me on reslove this.
Rgds..SureshHello Suresh,
The GL Account does not exist for that Company code. Hence extend the GL Account to the Company Code by using Copy with template in FS00.
Regards
Kalpana -
What is month end data from mbew?
I have a report that shows valuated stock qty and value that needs to be filtered based on Month End data. (MARD, MBEW).
How to code this filter "Month End data"?MBEWH and MARV are validation points for this. look at MB5W or report J_B1BL07
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Need to get data till last month end by using Calday
Hello SAPiens,
Could anybody please guide me how to get the data till last month end date.
Example: If i m executing a report in 05 November 2009 then i should get all the details of last month till last date of the Calmonth. thanks in advance.
Regards,
Sandy.SHi,
you can do the following:
Create a Customer Variable for Calday
EXIT_SAPLRSOO_001 ---> Include ZXRSRUO1 write the code for the variable created above
DATA : date TYPE sy-datum.
date = sy-datum. "Today
date+6(2) = '01'. "First day of this month
date = date - 1. "Previous day before first day of this month = last day of last month
Or
you can you many function Modules
CALL FUNCTION 'RP_LAST_DAY_OF_MONTHS
FKK_LAST_DAY_OF_MONTH
OIL_LAST_DAY_OF_PREVIOUS_MONTH
Santosh -
What code editor do you use with Business Catalyst?
I am having many issues with Dreamweaver & BC:
1 - It keeps thinking that I have the trial version, even though I have a license to Creative Cloud and Creative Cloud shows that I have it.
2 - When I try to use the integrated Business Catalyst palette, it logs me out of the admin console for my BC site. ANNOYING.
3 - Most importantly, it doesn't put the files to the server successfully, consistently. I have change my file and re-put the file 5-6 times before it works. VERY FRUSTRATING!
After an hour on the phone with Dreamweaver customer support, the issue is still not resolved.
So, now I ask you all, what code editor are you using in conjunction with Business Catalyst while implementing your Business Catalyst websites?Code editors, I used to use editplus until Adobe locked 90% of the FTP programs out there, now I use Sublime 2 with SFTP plugin but it's uber clunky and not so happy with it...
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Automate month-end process using BDC OB52
Hello All,
Did anyone work for FI period open/Close automation? OB52 is used for opening and closing of FI posting periods. Did anyone write a BDC for transaction OB52.
Thanks in advance
PavanNo, but it seems fairly straightforward. Could you be more specific about what you're looking for?
Rob -
Using the business area as a breakdown category in BCS
Hi,
Can I use BA as a breakdown category in BCS? If so, how can I use the breakdown category while the manuel posting in BCS?
Thx.
Message was edited by: ebru soydasBusiness Area may be used, but must first be included in the data model as a characteristic with the dimension Subassignments. Then the BCS Databasis must include this characteristic with the role subassignment. This will automatically make it available for breakdown categories where the values may be required, optional, and so forth.
I hope this helps. -
after updating itunes all my home movies seem to struggle to load which are in my itunes. i am not sure if this because of the amount of home movie i have but they are all store in a thunderbolt drive through my imac.
this all seems to have happened during the last update or is it because of something else
do i need to convert all my media from mp4 to a apple tv friendly format?What sort of bitrate are your movies. They are in the right format, but they may just be too large, 10 Mbps or less should be your target.
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Migration from Business Area to Profit centre
Hi All,
My client currently uses the business area functionality for management reporting (to capture brand specific financial data). Due to the inherent challenges encountered using business area the strategy now is to migrate to profit center accounting. Id need to establish a road map for the migration and was wondering if anyone has any pointers on how to approach this requirement.
Thanks and regards
FrankHi,
My ex-company used to use BA for reporting, and subsequently they moved over to PCA.... with minimal impact of course.
A few considerations :
1. Is your PCA active? Rightfully the profit centres are usually set up as statistical cost collector.... but you might need to check if there is any configuration that prevents cost/revenue from posting into PCA
2. Is the hierarchy in PCA properly set up? Functionally speaking, BA is no difference to PCA since they are both measuring the business by funcational area.... You can create standalone hierarchies in PCA to capture the business reporting, such as legal reporting structures, or Line of Business structures.
3. What kind of reporting is used for Business area.... are they present in PCA?
I think you'd have to think through the steps carefully... if point 1 is met, the change in reporting would be simple enough. Otherwise, you would have to consider how to bridge the data gap.
Hope this helps.
Cheers,
Gimmo
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