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Year End Activities

What are the year-end activities apart from the following that need to be performed from FI point of view :

1) GL/Vendor/Customer Balances Carry Forward

2) Number Ranges carry forward

3) Asset Balances Carry Forward

4) Open Posting Period

Detailed response will be of help.

Thanks

RK

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    author's profile photo Former Member
    Former Member
    Posted on Mar 24, 2008 at 05:54 AM

    Hello,

    Adding further, check these also.

    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

    25 - Assessment Cycle - Dummy PC to SBU PC - 3KE5

    26 - Check for "Delivery made, not Invoiced" - VF03

    27 - Match GL and PCA - KE5T

    28 - Match PCA and PA

    29 - Top Down Distribution in COPA - KE28

    30 - Reclassification of GL balances

    31 - Balance Carry forward (Year End Only) - F.16

    32 - PCA Balance Carry forward (Year End Only) - 2KES

    33 - Transfer to FI - 1KE8

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  • author's profile photo Former Member
    Former Member
    Posted on Mar 24, 2008 at 05:08 AM

    Hi

    GL Balance Carry forward-f.16

    Customer/vendor balance Carry forward-f.07

    Number rangers-FBN1

    Open Posting periods-ob37

    Shammi

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    • Former Member Former Member

      Dear Ravi,

      Following are the period end activities, which may not necessarily be year end activities,

      1. Forex valuation - FAGL_FC_VAL

      2. Accural deferral entries - FBS1 & then F.81

      3. Recurring entries - FBD1 & F.14

      4.Reclassification of GR / IR accounts - F.19

      5. Asset fiscal year change - AJRW.

      6. Balance Carryforward (New) - FAGLGVTR

      7.Deferred service tax program - S_AC0_52000644

      8. Interest calculation for customers - FINT

      9.Sorting/Reclassification (New) - FAGLF101

      10. Cenvat utilisation - J2IUN

      11. TDS related - J1INCHLN, J1INBANK & J1INCERT

      12.Dunning - F150

      13. Automatic Clearing - F.13

      Regards

      Venkatesh.

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