CTA and Elimination Entries for Next Year

[sap_user62]

Hi Friends,

BPC 10.1 / New Implementation

We have a YTD consolidation model and a periodic Management Model. The 0balance is moved from ECC to BW to Consolidation model and the movements are moved to Management model (debit - credit ) entries.

CTA is calculated in BPC and stored in a different flow. An offset entry for the CTA is put in a Equity account to balance the TB. Eliminations are run in the consolidation model and they are stored in a different audit trail. TB balances for total audit trail.

ECC as a part of carry forward would move the balance sheet entries to the new year period and it would push the net income to retained earnings account ( ECC LC, ECC USD converted at spot rate)

In general and best practices, do we move the CTA and elimination entries generated in BPC to the new year?

Can we move the CTA part of BPC generated entries to the retained earning account?

When we move CTA to next year, do you need to offset the amount in equity account?

Does eliminations need to be moved to separate account, or it will just be copied from the same account of period 12 to period 1 of the new year.

Thanks for your time

Ed.

[lucas_costa3 · Accepted solution]

Usually the FCTR resulting from currency translation differences are recognized in equity until the entity is sold/liquidated/disposed.

Eliminations should be carried over as they part of the group closing result. Current year Retained earnings usually goes to Previous Year RE.

Property COPYOPENING can be used to assign the flows you want to carry forward.

[sap_user62]

Thanks Lucas for your reply.

Usually the FCTR resulting from currency translation differences are recognized in equity until the entity is sold/liquidated/disposed.--- I am moving this CTA to a retaining earning - beginning balance account

Eliminations should be carried over as they part of the group closing result. - Could you please explain further, if the elims are posted to PL accounts, then do we carry forward to the same PL accounts or it would be pushed to a different Equity account.

Current year Retained earnings usually goes to Previous Year RE. - I am moving the CYRE to PYRE

Property COPYOPENING can be used to assign the flows you want to carry forward.- Flow dimension is used little differently in this client. all the flows from ECC are not assigned to F99. So instead of using standard copy opening, i have to use account based transformation to move the required data over.

[lucas_costa3]

No P&L do not get carried over, only BS.

[sap_user62]

Thanks Lucas for your reply.

If there are elimination entries posted for inter-company PL accounts, should we just ignore the elims at the end of the year.

Fresh elims gets posted depending on the entries for the first month of the new year.?

[sap_user62]

Thanks Vadim. But I am not sure, if i can change the user name that appears on my posts. Edit Profile allows me to update my first and last name but not user id. May be I could create a new profile.

[former_member186338]

Changing first and last name is OK!

[former_member186338]

Sorry, but using name "SAP User" you are violating rule 2 of:

https://www.sap.com/community/about/rules-of-engagement.html

Please use your real name.