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Former Member

Auto-inversion of p12 docs in p1 of new year when fiscal year variant is K4

Hi folks,

I have never had to set up auto-inversion (reversals) of documents 'also in the new year' until now.

I've configured it now, but please correct me if I'm wrong on this:

Q: even if the users do not want to use p13-16 for any purpose this year, I assume they will still need to run eliminations in period 16 (with inversion and re-elimination) otherwise the documents won't be inverted in p1?

Is there any way to avoid this (ie to run eliminations in p12 only and get inversions in p1) for user convenience?

Thanks,

TheScotsman

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3 Answers

  • Best Answer
    Posted on Sep 08, 2008 at 12:26 PM

    Hi TheScotsman,

    Please test the following suggestion:

    Autoinversion is to be executed in the first consolidation period after the current. So, if you tick the special periods 12-16 in consolidation frequency, then you'll have to execute eliminations there. If you do not, then the inversion of period 12 elimination run should be in period 1 of the next year.

    Edited by: Eugene Khusainov on Sep 8, 2008 4:26 PM

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  • author's profile photo Former Member
    Former Member
    Posted on Sep 08, 2008 at 11:11 AM

    Hi,

    I think if run the elimination task in period 12 only and then run Period initialization in period 01 of next year, it should invert it. You can test this.

    However, I would wait for others to provide more info.

    Best Regards,

    UR

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  • author's profile photo Former Member
    Former Member
    Posted on Oct 09, 2008 at 02:15 AM

    Thanks Dan and Eugene - top marks as usual.

    'UR' please see the other responses, the journals will not eliminate in the following year unless they are posted in p16 (or the specific tasks do not exist in p13-16).

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