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Jan 26, 2023 at 12:08 AM

SAP ByDesign - Balance Carry Forward Monthly

133 Views Last edit Sep 05, 2023 at 12:25 PM 2 rev

Hi,
Is there a way to do a balance carry forward on a monthly basis?

Customer's current practice from their legacy system to move the P&L balance to retained earnings on a monthly basis. In summary, they do hard close every month.

I may have missed any configuration/setup as from what I'm seeing we are only able to do a soft close per month, meaning we only lock the periods. There is no actual postings to transfer to retained earnings on a monthly basis.

Thank you.