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Former Member

month end closing

hi,

how to closed the posting period for example i have not closed the period 01 to 08 but i want to closed the period 09.

regards,

supriya thodimela.

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3 Answers

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    Former Member
    Oct 10, 2007 at 12:28 PM

    go to OB52

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    Former Member
    Oct 10, 2007 at 12:29 PM

    hi Supriya,

    for the month end closing plese see the below steps...

    Month end closing Activities

    1) All the expenses including amortization, prepaid expenses, Preliminary expenses and accruals have been booked.

    2) Complete Bank Reconciliation

    3) Make sure that Sum of Inter company balances is Zero

    4) Suspense Accounts should be cleared regularly.

    5) Ensure that all documents related to MM & SD have been entered in system.

    6) Ensure that all billing documents are released to accounting.

    7) Calculate Overheads on all process Orders (CO43)

    8) Technically complete all process orders which are fully processed (CORM).

    9) Calculate Variance (KKS1)à (Relevant only if Standard cost is calculated).

    10) Settle all process orders which are technically complete (CO88).

    11) Close All settled Process Orders

    12) Close MM period (Transaction Code: MMPV).

    13) Carry out GR/IR clearing (F.13) transaction

    14) Depreciation Run (AFAB) has been carried out for the month

    15) Close FI Posting period after the month end closing activity is over.

    Year end closing Activities

    1) Calculate production work in progress on process orders which are not technically complete.

    2) Carry out Assessment cycle for Cost Centers.

    3) All month end closing Activities should be carried out.

    4) Carry Forward Balances to next year

    (With TC: F.16 we can carry forward the balance to next year.

    With TC: OBH2 copy the number ranges to next year

    Open next year periods by selecting the Posting Period Variant.

    then test by posting the transaction in F-02)

    Assign the poitns...

    Ranjit

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    Former Member
    Oct 10, 2007 at 12:36 PM

    Dear Thodimela,

    if you looking MM posting periods go to MMPV

    if you do not close period of month ending in ending of month you will not close now

    it mean we have to close period in every month ending once we will not close system wont allow to close direct wich month we want

    at your condition you want to close 08 month system wont allow

    in your condition we have only one option is close each month when you leaved.it meant first close 02 next 03 next04like you have to close every month

    Hope this helps you

    Prem.

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