Balance Adjustment

[Former Member]

Hi All

I have a doubt, please let me know whether this is possible in SAP FICO.

During the year end, i have carried forward the balance of a balance sheet a/c to the next year but now i have come across an adjustment for that a/c. What should I do? That say for example, my balance sheet a/c is ABCD and i have carried forward the closing balance of that a/c XXXX as next year opening balance. now i have to make an adjustment to that a/c in the last year. Is it possible in SAP. If yes how?

Regards

VEL

[Former Member · Accepted solution]

Hi,

You can post the adjustment entry in the last year.

SAP adjusts the closing balance and the opening balance in the next year automatically.

Regards,

Sreekanth....

[Former Member · Accepted solution]

Hi Sreekanth

Thanks for the immediate reply. Can you help me by letting me know how it is done? If you can explain me in detail, it would be very useful.

Regards

Vel

[Former Member · Accepted solution]

Hi

Goto to F-02 and post the entry in the past date.

for example you carried forward the bank a/c from last year (2008) to next year (2009) and the balance is say 10000.

Now you are in 2009. Goto F-02 and post the document with any date in 2008. You can see that the closing balance and the opening balance get adjusted automatically.

Hope this helps you....

Regards,

Sreekanth....