Migrating Accounting Transaction Data at Different Periods of The Fiscal Year.

[former_member546282]

Dear SAP Business ByDesign and SAP Finance Experts,

I have created two set of books for each company in this project, each with different fiscal year. And I would like to decrease backlog, so we are migrating at the ninth fiscal period for one of the set of books, and the second fiscal period for the other set of book.

1st Set of Book with Fiscal Year Like Calendar Year. 2nd Set of Book with Fiscal Year from August 1st too July 31st.

Migration Date is 30 of September 2018.

That is the picture in a nutshell

Is it possible to to conduct this migration at SAP Business ByDesign?

We got worried when we found that we cannot designate closing step "opening balance" for the periods of the migration dates.

Sincerely,

Amr

[HarshalVakil]

Hello Amr,

You have defined the fiscal year and also the migration posting date.

Looking at your migration date and fiscal year, for both the set of books, it will be the mid year migration (Specially for the fixed Assets).

so when you perform the migration, system would create the entries with the closing step as 010 - Operational postings. Later when you close the year and perform carry forward, balance carry forward would balance for the new year as 001- Opening balance.

This would be the same when you perform migration at the end of the fiscal year (i,e Last day of the year) and in that case you migrate the data with 010 closing step and immediately perform balance carry forward so that the balances are posted with closing step 001 on the very next day and entity would start using the system from the first day of the year.

Since you have two different fiscal years for set of books, one or the other books will have the balances recorded as 010 till the time you perform balance carry forward.

Question : what is the issue if the migration data is posted with the closing step 010.

Regards,

Harshal