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Jun 16, 2020 at 10:12 AM

purpose of F-07 at year end in S/4 HANA 1709

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Good morning,

my colleague in Finance has asked me the following question

"During testing of the year end rollovers, everything was fine other than I could not fathom out what transaction F-07 actually did now, as the new transaction (FAGLGVTR) transferred everything across with no need for F-07. It’s not an issue to run it regardless when we come to it, but it would be useful to know what its purpose is now in S4"

We know transaction FAGLGVTR creates Balance Carryforward posting documents, for customer and vendor balances, in period 0 of the new fiscal year, but there is little clear information on whether / why we need to run F-07?

We've read Bryan Koetting's blog post below, where he too seemed unsure.

https://blogs.sap.com/2018/07/28/s4hana-finance-balance-carryforward-technical-tip/

Please can anyone clarify?

Thank you, Vikki