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Former Member

fiscal year change ---very urgent

hiii friends please its very urgent

i have an question that our clients have not posted depreciaiton for 2006 and the year end is also not carried out... now yesterday they posted depreciation and there are some differneces shown with there manual depreciation...

now they are executing reports but system is showing error saying fiscal year change has not yet carried out for the company code..

so my question is if i do the fiscal year change for 2008 with out closing 2006...

and after that can i make adjustment for year 2006???

please reply soon

full points will be giveen for quick reply......

thanks in advance

sejal singh

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2 Answers

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    Former Member
    Apr 03, 2008 at 07:13 AM

    Hi,

    You can use AJRW to code for fiscal year change

    The exact time at the beginning of a new fiscal year at which transactions for that year should start being processed.

    The prior fiscal year does not already have to be closed. You can still post in the prior fiscal year.

    To open the new fiscal year, you run the asset fiscal year change program, which opens a new fiscal year for Asset Accounting. The running of the program updates the cumulative value fields for assets, and opens new value fields for the current fiscal year.

    Regards

    Sarma BH

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    Former Member
    Apr 03, 2008 at 06:29 AM

    Hello

    Now you are in FY 2008.

    What I did not understand is, whether SAP is ON since 2006.

    If yes, you need to close past years and carried forward balances to new FY.

    If no, pls close 2007 and c/f to 2008. Then start running the dep program from the initial period.

    Reg

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    • Former Member Former Member

      Bhatia,

      Can you explain what you mean by "special authorization"?

      Is this something any BASIS admin can do, or only SAP?

      Thanks,

      Russ