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yaer end closing procedure

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Hi,

any one having the sap year end closing procedure documentation plz send me urgently to this mail id : jyotsnapamidi@yahoo.co.in

thanks,

jyotsna

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  • author's profile photo Former Member
    Former Member
    Posted on Mar 26, 2008 at 07:38 AM

    Dear Jyotsana,

    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

    14. Balance carry forward of customers and vendors - F.07

    Regards

    Venkatesh.

    Assign points if useful.

    Edited by: Venkatesh A K on Mar 26, 2008 1:09 PM

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  • Posted on Mar 26, 2008 at 07:39 AM

    hi,

    Please follow the following steps,

    1 - Maintain Activity prices - KP26

    2 - Release of Standard Cost Estimate - CK40N

    3 - MM period close and open - MMPV

    4 - FI period open –OB52

    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 - AFAB

    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) - FAGLGVTR

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

    33 - Transfer to FI - 1KE8

    34- ASSET ACCOUNTING YEAR CLOSE- AJAB

    35- ASSET ACCOUNTING YEAR OPEN- AJRW

    36- RESET THE ASSET YEAR/DISPLY-OAAQ

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    if u need screen shot wise i will send u the same

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    • Former Member Former Member

      Sl. No. Task Applicable T-Codes Responsible party for the task

      1 FI document types FBN1 Individual change / OBH2 Copy Number Range Aakit

      2 TDS Certificates OBWZ Aakit

      3 TDS Challans OBWZ Aakit

      Sl. No. Task Applicable T-Codes Compulsory/Optional

      1 All provisional entries to be passed (For Eg. Provision for expenses, provision for incomes, taxes etc.) F-02/FB50 Compulsory

      2 Valuation process for foreign currency FAGL_FC_VAL/FB50 Optional

      3 Bank Reconciliation to be done FF67 , FEBA Compulsory

      4 Interest calculation F.52/F.24/FINT Optional

      5 TDS challan transactions to be run and paid J1INCHLN/JINBANK Compulsory

      6 Dunning cycle has to be run for vendors and customers F150 Optional

      7 JV entries to be posted where all it requires FB50/F-02/F-21/F-30/F-51/F-42 Compulsory

      8 Accrual Deferral entries need to be posted if any (For Eg. Bonus) FBS1/F.81 Compulsory

      9 Extend the activity type for all cost centers KP26 Optional

      10 Cost allocation / distribution / assessment, if any, needs to be completed KS14/KSV5/KSU5 Compulsory

      11 GR/IR clearing account should be settled (F.13 and F.19) F.13/F.19/MB5S Compulsory

      12 Profit center wise transactions 1KEK and 2KES need to be followed where document splitting is not done. 1KEK/2KES Optional

      13 Calculation of manual Depreciatiation for those Assets which are not created in SAP Manual Compulsory

      14 Capitalise AUC assets (if needed) AIAB/AIBU Optional

      15 Execute revaluation of asset AR29 Optional

      16 Execute Depreciation run AFAB Compulsory

      17 Tally physical Cash and cash journal FBL3N/FBCJ Compulsory

      18 Verify Profit centerwise trial balance, profit and loss account and Balancesheet (Opening balance, transactions and closing balance) S_PL0_86000031, FAGLB03 Compulsory

      19 Run the new Fiscal year in Assets Accounting AJRW Compulsory

      20 Reconciliation of FI-AA G/Ls ABST2 Compulsory

      21 Balance Confirmations u2013 Customers / Vendors F.17 (Customers) or F.18 (Vendors Compulsory

      22 Process Parked documents (if any) FBV0 Compulsory

      23 Filing of E-TDS J1INQEFILE Compulsory

      24 Close Asset accounting AJAB Compulsory

      25 Cost center and profit center re-posting KB61/9KE0 Compulsory

      26 All Excise account balances to be verified profit centerwise FAGLL03/FBL3N Compulsory

      27 All VAT, CST and Service Tax balances to be verified profit centerwise FAGLL03/FBL3N Compulsory

      28 Open /close posting periods OB52 Compulsory

      29 Carry forward AR/AP Balances F.07 Compulsory

      30 Carry forward Balance FAGLGVT/F.07 Compulsory

      31 Depreciation as per Income Tax J1IQ Compulsory

      32 Closing of Previous Fiscal year in SAP OB52 Compulsory

      Regards

      Amit Joshi

  • author's profile photo Former Member
    Former Member
    Posted on May 16, 2008 at 02:02 PM

    Hi Jyotsna,

    I have just mailed you the Year end closng document.

    Feel free to ask if you have any doubts.

    Regards

    Phani

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