Year End Activities Step wise.

[Former Member]

Hi Experts,

Can someone please advice me the All the Year End activities to be carried out Step by step for SAP ECC 6.0 Classic GL with Spl Purpose Ledger .(i.e for House Bank, Asset Acounting, GL Account, AR-AP & all)

Further request you to please provide me the details with the Transaction Codes for the same.

Thanks

Rahul

[former_member192897 · Accepted solution]

Check whether the Link is Useful.

http://e-mory.blogspot.com/2007/05/closing-activities.html

[Former Member · Accepted solution]

Hi Experts,

Are there any more T Codes missed by me for Year End Activity for FICO &Spl Purpose Ledger.

Execute Report for Inter Company Activity & Journal Entries

Open posting period for next yr (T.Code: OB52)

Run Business Area's Assignment report. (T.Code: F.50)

Review list of recurring journal entries (T.Code: FBD3)

Execute Recurring Entries for A/R, A/P, G/L (T. Code: F.14)

Process Parked A/R, A/P, G/L accounting documents (T.Code: FBV0)

Final Cutoff for the Maintenance of Fixed Asset- Add Transfer and Retire (T.Code: ABUMN)

Run Depreciation in Test Run and post (T.Code: AFAB)

Verify Display Log for Depreciation Test Run (T.Code: AFBP)

Capitalize AUC Assets if needed (T.Code: AIAB, AIBU)

Verify Depreciation Balances with GL balances ( T.Code: ABST2)

Post Depreciation (T.Code: AFAB)

Execute Asset History Report, and retire assets if needed (T.Code: S_ALR_87011963, ABAVN)

Adjust specific depreciation areas if necessary (T.Code: ABCO)

Reconcile AM sub ledger with GL (T.Code: ABST2)

Check Bank Data (T.Code: S_P99_41000212)

Review AR Open Items (T.Code: FBL5N)

Review AP Open Items (FBL1N)

Clear Open Item for GRIR, freight (T.Code: F.13)

Reconciliation of Financial Documents and transactional figures (F.03)

Open new CO Posting Period: (T.Code: OKP1)

Compare current (cost estimates) with last current price (Moving Avg) ( T.Code: OKBH)

Perform Manual Adjustment if needed (T.Code: F-02, FB50)

Verify balance of the GR/IR account ( T.Code: MB5S)

Post Accruals and Deferrals (T.Code: FBS1)

Clearing of Cancelled Documents (T.Code: F-03, F-32, F-44)

Check Profitability Segment Adjustment (T.Code: KISR)

Aging Report-Reconcile GL balances with sub ledger balances AP ( T.code: FBL1N, FBL5N, FBL3N)

Check the check run numbers (T.Code: FCH1, FCHI)

Bank reconciliation Data (T.Code: FF67 & FEBA)

Enter Tax Journal Entry (T.Code: FB41)

Reconcile GL balances with sub ledger balances AR/MM/AP ( T.Code: F.03)

Display Balance Sheet Adjustments (T.Code: F.5F)

Post Balance Sheet Adjustments (T.Code: F.5E)

Post Foreign Currency Valuation (foreign exchange) (T.Code: F.05)

Check generic cost centers for posting with wrong accounts

Correct wrong postings on generic cost centers

Check Validation dates for Cost Centers, Cost Elements, CO area (T.Code: GGB0)

Check COGI--for both month end and year end

Doubtful receivables (T.Code : F104)

Reconcile PA to G/L (T.Code: KE5U)

Post Cost Center Assessments and Distributions (T.Code: KSU5 & KSV5)

Run CO-FI Reconciliation to balance (T.Code: KALC)

Maintain CO yr variant (T.Code: KCRQ)

Fiscal Yr Balance carry forward AP/AR/AM (T.Code: F.07,

Fiscal Yr Balance carry forward CO (T.Code: CXS1)

Fiscal Yr balance carry forward FI ( T.Code: F.16)

Fiscal Yr balance carry forward PCA (T.Code: 2KES)

Set Document number ranges - FI - new year (T.Code: OBH2, OBA7)

Set Document number ranges AP/AR - new year (OBA7)

Generate Financial statement Reports ( T.Code:OB58) OR (T.Code: FSE2)

Change Fiscal Year For Assets (T.Code: AJRW)

Year end Closing-- Asset Accounting--final for year end (T.Code: AJAB)

Close CO Posting Period : (T.Code: OKP1)

Close Prior A/R Posting Period ( T.Code: OB52)

Close Prior A/P Posting Period (T.Code: OB52)

Reverse accruals and deferrals for the new month (T.Code: F.81)

Reconciliation of Financial Documents from old fiscal year and new fiscal year ( T.Code: FNSL)

Update Retained Earning Account , balance carry fwd (T.Code: F.16)

Thanks

Rahul