Balances carried to next year

[Former Member]

Hi experts,

Is there any process to be run for the balances carried forward to next year. I am a bit confused as someone told me that it should do only the amounts of that particular year only, not the balances and for this purpose, we need to run a process. As per my understanding, the balance on that closing date should be carried forward. Please suggest.

Regards,

Ashok Kumar

[Former Member]

HI,

You are Run T.code F.07 for Customer/ Vendor Closing Balance Transfer to New Fiscal Year and Run F.16 or FAGLGVTR then you carry forward the Retain earing Value and all Balance Sheet type GL Account like as Cash , Bank GL.

Regards,

Spradip

[Former Member]

Dear ashok79kumar

you can run through F.16

Regards

shankar

[vivek_srivastava12]

Hi,

You can use F.07 to carry forward the balance of Vendor and Customers and F.16 Balance Carry-forward for G/L accounts for GL Accounts.

Br,Vivek