RE-FX deferral business process

[Former Member]

Hi Friends,

We are using RE-FX Deferrals business scenario wherein we charge rent from our customers for the whole year in the beginning of the year and post it to a liability GL (T Code RERAPP).

Thereon at the end of each month, we carry out a deferral run (T Code RERAALCN) to recognise the revenue pertaining to the month (Post the revenue to a revenue GL) and defer the balance amount to subsequent months.

For some reason we could not carry out this activity for last 3 months. Now since the FI period for those months have already been closed, when i am trying to carry out the deferral run for the relevant contracts, the system does not let me do it. It throws an error "First carry out a run for 31.12.2008 in Company Code XXXX". I can not open those periods now.

Please suggest a way out.

Thanx and regards,

Pankaj

[sivaprasad_r · Accepted solution]

Hi,

This may be happening because of the compulsary year end closing.

You can close the Year manually in SPRO " Open Fiscal Year for Accrual Postings" and set the closed year. Then you may not be getting this error.

Let me know if it works.

Enjoy

Siva