Different G/L account balance between 2007 and 2008 fiscal years

[Former Member]

Hello,

Why can a G/L account balance be different from one fiscal year to the next one before having still run the carryforward program?

I mean the last balance of a year and the first one of the next year, of course, and before the new postings of the new year, obviously.

Thanks,

[Former Member · Accepted solution]

Hello

Please run the following programmes to identify the differences.

SAPF190 and SAPF070

If it is resolve your probelm pl assign points

Regards

Madhav

[Former Member · Accepted solution]

Would it trigger any actual posting?

I have checked it in development but I do not dare to try it in productive.

[Former Member]

Hi Arnaldo,

Here is what you need to say.

Balance carry forward is used to carry forward balances at year end.

Now when the year ends there is always a time lag when the year end books are closed. Say for Y.E 2007 books were closed by 31.01.08.

Now we do not wait till 31.01.08 to open the books and do transaction for 2008. Hence we carry forward the balance on say 31.12.2007. and start entering trnasaction for 2008.

Now once all the year end entries are posted in 31.12.2007.

we close the period 12.2007.

Finally we again carry forward the entries finally.

Points if helpful

Thanks

Anand

[Former Member]

Hello Arnaldo,

you should run the carryforward reports from FI and AM at the 1st. day of the new fiscal year. This avoids a lot of confusions for accountants. Maybe you are running after "inconsistencies" and you have none.

If you run it the system updates all the balances of all previous and upcoming and opened fiscal years automatically. You can even run this report several times if you want. You can't make a mistake if you start f.16 or f.07.

Please read documentation from f.16 or f.07 SAP even recommands the reportstart at the beginning of the fiscal year highly.

Best regards

Horst

[Former Member]

Hello, HorstRn

That is just what I want to do but the Account Manager is reluctant to do so if I am not able to give her a good reason for those inconsistencies.

Although I have searched among the SAP notes I have not found any that explains the issue yet.

Thanks,

[Former Member]

Hello Horst,

You are right. The best thing you can do when a new fiscal year starts is to run the carry-forward program in order to avoid inconsistencies and confusions for the accountants.

The answer for the inconsistencies before the carry-forward program maybe that very reason, the carry-forward program has not been run yet.

Many thanks and sorry not to have answered to you sooner.