yaer end closing procedure

[Former Member]

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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

[Former Member]

Hi Jyotsna,

I have just mailed you the Year end closng document.

Feel free to ask if you have any doubts.

Regards

Phani

[saikrishna_vallurupalli]

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

assign points

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

[Former Member]

Hi sai krishna,

send me the screen shoot

Thanks

jyotsna

[Former Member]

Hi sai Krishna,

Pls forward to me the screen shots to my id at the earliest

Thanks in advance

regards,

maalik

[Former Member]

Hi Sai Krishna / Jostna,

Can you pls send/forward the screen shots on Closing procedure at the earliest.

thanks

maalik

[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

[Former Member]

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