Year ending

hi gurus
plz tell me how can i close the normal posting periods and how can i open the special periods.and also plz let me know which gl are open for special periods.
if any document regarding year end closing plz foreward to me -
[email protected]
thanks
diptiranjan

Hi Dipti,
Can you please forward the document to me at [email protected] Thanks in Advance.
van1276

Similar Messages

Back up plan for Asset year end closing

Hi,
Do you have any back plan prepared for Asset year end closing especially t.code AJRW and AJAB (running this in Background).
what back up plan we should recommend if it fails for already happened activities.
Regards
Shanu

Hi Shanu,
there is a Test-run modus.
If it fails for some reasons, you will get a error message. Then you solve this error and repeat AJRW or AJAB.
regards Bernhard

Mid year go live and year end go live

Hi Experts,
What is the difference in configuring Mid year go live and year end go live What are difficulties we face in mid year go live.
thanks & Regards.
Akhil

https://forums.sdn.sap.com/click.jspa?searchID=21620306&messageID=6587485
you go live on the SAP payroll system in the middle of a financial year, you have an option to transfer your legacy data into the SAP payroll system.
The system provides the schema INLK for transferring your legacy data. For this purpose, you need to perform the following IMG activities:
Define the payroll periods for which you want to transfer the legacy data. For more information, refer to the IMG under Payroll India -> Legacy Data Transfer -> Define Periods for Import
Define the type of data you want to import. For more information refer to the IMG under Payroll India -> Legacy Data Transfer -> Define Pay Elements for Import
Upon execution along with the payroll driver, the schema INLK formats the information defined in the above tables as payroll results and stores the values in the database table PCL2.
For more information on the Legacy Data Transfer functionality, refer to OSS note number 506128.

Issue in year end closing

Hi
I have an issue in year end closing. What would be effect if i do not clear the open items in GR/IR Account as part of year end acitivity. The balance in my GR/IR Account is zero as of my balance sheet date.
What would happen if i run the balance carry forward program?
Regards
Sanil Bhandari

This program will reclassify the entries for the Balance sheet reporting. Since your balance is zero there should not be any impact on the reporting side. Whether you run this program or not it will not have any impact on the balance carry forward program. Since these entries will get reversed at the beginning of the next period in any case.
The config setting will be in OBYP
The following config document may help you in better understanding.
Define Adjustment Accounts for GR/IR Clearing
The goods receipt/invoice receipt (GR/IR) clearing account is posted to whenever you receive goods that have not been invoiced yet or whenever you receive invoices for goods that have not been delivered yet.
In this activity you define the numbers of the adjustment and target accounts for the automatic postings for the GR/IR clearing account.
Transfer postings have to be made at the balance sheet date to reflect the goods invoiced but not delivered and the goods delivered but not invoiced. The program that analyzes the GR/IR clearing account adjustments this account by posting any outstanding amounts to an adjustment account. It makes the offsetting entry to the account for goods delivered but not invoiced or to the account for goods invoiced but not delivered (target account).
Edited by: Sivakumar Gopalakrishnan on Jan 15, 2008 4:11 PM

How to clear all open GRIRs in the year end and maintained as provision ?

Hi Friends,
I would like to clear all open GRIRs in the year end and maintained as provision.
in the next year next day i would like to show as open items.
How can do it ?
I have tried to clear it. I have maintained OBYP settings also. But i am unable see as clear item.
Could you explain me how it actuallly works ?

Hi REddy,
In most of the cases, the GR/IR account will have a credit balance and would be taken as provision for liability during year end activites. So as a standard practise you need to clear them on year end.
but if you want to clear them, first you need to deselect check box Post automatically only for GR/IR clearing GL's master data.
Then pass a adjustment entry like
GR/IR GL Dr
To Provision for Liabilites GL: Cr
Above sample entry is true when your GR/IR account has a CR balance at the year end. if not post it in a reversed manner.
Now with tcode F-03, for GR/IR GL, choose all items and clear them. Now you will get the clearing doc number.
Now on start of new FY, reverse the above accounting entry with FB08.
This will meet your requirement.
Thanks,
Srinu

Turkey: year end close RFSUMB00 / fiscal year variant

Hello guys,
I am wondering if anyone of you have had this requirement before.
Running RFSUMB00 on a Turkish company code will blow away the balances from all G/L accounts so that each individual account has a balance of 0.
Questions:
1. How do you manage revenue accounts (cost element categories 11 and 12). A pure cost centre is not enough as CO account assignment. You can switch off error message KI 166 (so that no COPA documents are then created), but is this really wanted?
2. If each individual account has a balance of 0 at year end, how to create a B/S and P/L for that year? Especially, for previous years? The only thing that comes to my mind is using special periods (13 to 16), but.... -->
3. ...in our system, the FI fiscal year variant is not K4, but a custom variant. The fiscal year (of the group) does not end on 31st December. I have a small FI-SL application running in the background (with K4 assigned there), and I could change the FI-SL period to 13 during the document transfer easily, but I ask myself why I do not post all of these funny closing documents directly in FI-SL then? This would save me from the usage of dummy assets/customers/vendors and the continous changes made to the "automatic postings only" flag (SKB1-XINTB).
Turkey experts, any hints welcome. What are your best practices?
Thank you,
Csaba

Yes frank,
GL closing should be carried only after all the sub ledgers are closed
for asset closing
you should open the new fiscal year first (AJRW) and then close the existing fiscal year. (AJAB)
otherwise FI-AA and Fi-GL may not reconcile (use tcode ABST2 to check this)
Regards
Sach!n
Edited by: Sachin Bhutani on Jan 30, 2010 3:32 AM

Open documents and year end closing.

Hi experts,
I would like to know if it is necessary to close all open documents before we start the year end process.
Since practically it is not possible to close all open documents.
here open documents refer to Purchase orders, GRPO's, Sales orders, deliveries etc.
kindly suggest.

hi ajith,
Purchase orders,sales order won't have any impact on accouting which will only
effect ordered,committed quantities.
GRPO can be kept open in case when there is orginal bill is yet to be sent by vendor.
Production orders which are open(ie) production completed - should be closed atleast
before year end so that it can't avoid unnessary WIP variance posted in next fiscal year,
because production orders will post JE's only on Actual Closing Date.
Jeyakanthan

GL balances differences between Year end closing and opening balances

Hi friends,
One GL account balances showing differences between year end closing & year opening balances.
Example: 2006 closing balance is 250000 $
2007 opening balance is 150000 $
difference is 100000 $ . why should coming like this. already completed balances carryforward (F.16) in 2006 & 2007 year.
any programe for this solution ?
One more point is just 2 days back i posted 2 entries for 2006 year equal to 100000 $ . after this entries shall we need go for F.16 (carry forwarded balances).
please do the needful. It is very urgant issue.
Raj

HI,
There shouldn't be any more postings to a GL Account once Balance carry forward has been executed.
If postings have been made then you should execute the Balance carry forward again, otherwise you will see difference in opening and closing GL balance (as mentioned by you).
Regards

Opening and closing of year end

Dear all,
Pl what are the transaction code used for the opening and closing of year end activities. in fico module . what process we have to take for open and close the period open .
girija

hi
Year End Process
All the Month end Activities should be Carried Out.
Balance Carried Forwarded to next year(F.16)
PCA Balance Carried Forward(2KES).
Carry forward the Vendor,Customer and Asset Balances
(Unless Dep is posted for all the months the assets can not be Closed)
Copy the No Ranges to new year
Open the Next year period(OB52)
asset accounting
oaar
ajab
ajrw
material management
omsy
mmpv
Thanks & Regards
phaneendra

Year end closing balances

Hi Everybody,
I have a question here regarding year end closing balances. In 2007, GL-110011 has closing balance is '0'. Whereas in 2008 the same GL-110011 has 5000/- opening balance. How this was happend?
Can anybody help on this thread, where should i check?
Thanks
Para

Hi,
This could have been an entry passed in the year before 2008.
Run the report yearwise and you would know what that line item related to..
Cheers
Raghu

FI Year End Closing

hi...
pls tell me t.code for following List for FI Year End Closing
1 Execute Report for InterCompany Activity & Journal Entries
2 Open posting period for next yr
3 Run Business Area's Assignment report.
4 Review list of recurring journal entries
5 Execute Recurring Entries for A/R, A/P, G/L
6 Process Parked A/R, A/P, G/L accounting documents
7 Final Cutoff for the Maintenance of Fixed Asset- Add Transfer and Retire
8 Run Depreciation in Test Run and post
9 Verify Display Log for Depreciation Test Run
10 Capitalize AUC Assets if needed
11 Enter Payroll Data to SAP
12 Verify Depreciation Balances with GL balances
13 Post Depreciation
14 Execute Asset History Report, and retire assets if needed
15 Adjust specific depreciation areas if necessary
16 Reconcile AM subledger with GL
17 Check Bank Data
18 Review AR Open Items
19 Review AP Open Items
20 Execute Pending Invoices
21 Clear Open Item for GRIR, freight
22 Reconciliation of Financial Documents and transactional figures
23 Open new CO Posting Period
24 Compare current (cost estimates) with last current price (Moving Avg)
25 Update current cost price to material master price field.
26 Process Freight charges, Match SD freight to actual
27 Review Internal Order Postings
28 Settle All Orders
29 Verify All Post Goods Issue have been Invoiced (Billing Due List)
30 Review SD Billng Doc from prior mth that have not yet been released to accounting
31 Reconciliation of MM movements in Transit Intra-SAP to NonSAP
32 Reconcile PI Inventory with SAP
33 Perform Manual Adjustment if needed
34 Verify balance of the GR/IR account
35 Post Accruals and Deferrals
36 Clearing of Cancelled Documents
37 Check Profitability Segment Adjustment
38 Aging Report-Reconcile GL balances with subledger balances AP
39 Check the check run numbers
40 Bank reconciliation Data
41 Enter Tax Journal Entry
42 Reconcile GL balances with subledger balances AR/MM/AP
43 Display Balance Sheet Adjustments
44 Post Balance Sheet Adjustments
45 Post Foreign Currency Valuation (foreign exchange)
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
49 Check COGI--for both month end and year end
50 Doubtful receiviables
51 Verify In-transist Inventory
52 Reconcile PA to G/L
53 Post Cost Centre Assessments and Distributions
54 Run CO-FI Reconciliation to balance
55 Run BW reports P&L and Balance Sheet
56 Maintain CO yr variant
57 Fiscal Yr Balance carryforward AP/AR/AM
58 Fiscal Yr Balance carryforward CO
59 Fiscal Yr balance carryforward FI
60 Fiscal Yr balance carryforward PCA
61 Set Document number ranges - FI - new year
62 Set Document number ranges AP/AR - new year
63 Generate Financial statement Reports
64 Change Fiscal Year For Assets
65 Year end Closing-- Asset Accounting--final for year end
66 Close CO Posting Period
67 Close Prior A/R Posting Period
68 Close Prior A/P Posting Period
69 Close Prior MM Posting Period
70 Reverse accruals and deferrals for the new month
71 Reconciliation of Financial Documents from old fiscal year and new fiscal year
72 Load Balances, Budget Data for Cost centers, sales
73 Update Retained Earning Account , balance carry fwd
Thanks & Regards
Rekha Sharma

Hi,
Please check this
1 Execute Report for Inter Company Activity & Journal Entries
2 Open posting period for next yr (T.Code: OB52)
3 Run Business Areau2019s 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 COGIu2013for 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 Closingu2013 Asset Accountingu2013final 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)
Regards,

Year End Adjustments for AW CPF - Singapore Payroll

Hi,
The year end adjustments are not reflecting for the Dec month payroll.
Please kindly refer to the below calculations for the excess amounts that are not being calculated for AW CPF.
Month      OW paid in 2011     OW subject to CPF in 2011     Contribution Payable For OW Employer - 2011     Contribution Payable For OW Employee - 2011     AW paid in 2011     AW subject to CPF     Contribution Payable For AW Employer - 2011     Contribution Payable For AW Employee - 2011
Jan     $7,000     $4,500     $675     $900
Feb     $7,000     $4,500     $675     $900     $23,000     $22,500
Mar     $7,000     $4,500     $698     $900
April     $7,000     $4,500     $698     $900
May     $7,000     $4,500     $698     $900
June     $7,000     $4,500     $698     $900
July     $7,000     $4,500     $698     $900     $30,000     0     0     0
Aug     $7,000     $4,500     $698     $900
Sept     $7,000     $5,000     $800     $1,000
Oct     $7,000     $5,000     $800     $1,000
Nov     $7,000     $5,000     $800     $1,000
Dec     $7,000     $5,000     $800     $1,000     $20,000     $833     $127     $166
To be more clear the /314 and /315 are not being populated.
Any other note that has been missing or is very important to carry out the function.
Thanks
Edited by: swatibani on Dec 5, 2011 8:43 AM

resolved by self

Year end activities...........

Hi folks,
year end is coming. Can anyone tell me what are the activities i need to perform/complete from the SD point of view for the year end.
If anyone can share with me a template of the same , it will be very helpful to me.
my maild id : [email protected]
thanx in advance,
sourav

Module |    Activity |                                                    Trans |    Remark
SD        Open Orders                                                  VA05      Optional
SD        Open Deliveries                                              VL06O    Optional
SD        PGI done, but Billing Due                                VF04      Recommended
SD        Billing Document not posted to Accounting       VFX3      Recommended
SD        Maintaining Number ranges for Excise / Misl.    SNRO     Mandatory
SD        Number Range for SD Document                     VN01       Recommended
SD        Validity of condition records                             VK12      Recommended
SD        Review credit limits                                         FD32      Recommended
Regards,
Rajesh Banka
Reward points if helpful

Year End Closing Process

for year end process:
1)I need to Post all these items (i.e; B/S and P/L a/c items) for November 2007 and December 2007. please help me how to post all these items*
2)after posting I need to carryforward AR, AP, GL Balances to January 2008
3)then I need to do year end closing process.
BalanceSheet items:
Liabilities: Capital, Other Loans, Account Payable, Income received in advance, Provision for bad debts,
Outstanding expenses: wages, salaries, rent, taxes
Assets: land n building, machinery, vehicles, furniture,Investment, Bills receivable, accounts receivable,
Prepaid expenses, cash at bank
Profit & Loss items:
Expenses:Salaries,travelling,rent,postage,insurance,interest,advertise,audit & legal fee,repairs, depreciation.
Income: gross profit b/d,interest earned,commission earned,other income
so i need to make all these items fresh postings then i should carry forward it to january, then year end process.please help me how to post all these items then i can proceed further.
thanks in advance. i'll award points..

hi,
SAP FI Month End and Year End Activities
1 - Maintain Activity prices - KP26
2 - Release of Standard Cost Estimate - CK40N
3 - MM period close and open - MMPV
4 - FI period open
5 - Parked documents to be posted - FBV0, MIRO
6 - Reposting of Inter Office CC - KB61
7 - Bank Reconciliation
8 - Update Section Code where missing - J1INPP
9 - Maintain GRIR clearing - F.13
10 - Provision for current month - FB50
11 - Depreciation entry - FB50
12 - Exchange rate - To be Updated
13 - Revaluation of foreign currency open items - F.05
14 - Recognition of Inventory at Bonded warehouse - FB50
15 - Maintain Statistical Key Figures - KB31N/KP46
16 - Variance Calculation of Process Orders - KKS1
17 - Settlement of variances - CO88
18 - Assessment cycles - Aux/WH CC to Main CC - KSU5
19 - Assessment cycles - Functional CC to SBU CC - KSU5
20 - Assessment cycles - SBU CC to COPA - KEU5
21 - Profit Center Reposting - 9KE0
22 - Balance Sheet Adjustment calculation - F.5D
23 - Transfer Profit Center to AR & AP - 1KEK
24 - Transfer Inventory to PCA - 1KEH
if you want more details log on to following link.
http://help.sap.com/erp2005_ehp_02/helpdata/en/eb/1376b443c411d1896f0000e8322d00/content.htm
assign points if its useful

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.
Thanks

Hi,
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.

Year ending

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