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Former Member

Checklist of Year End Closing Activities and Month End Activities

*Dear All

*Could You please sent the checklist details of Year End Closing Activities and Month End Activities.

*Regards

*Ramesh

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2 Answers

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    Former Member
    Nov 06, 2011 at 03:52 PM

    Year end closing in sequence:-

    1) MM - close material ledger

    2) SD- check all SD documents release to Accounting (VFX3)

    3) FI-AA closing -

    3(1) AFAB - Depn posting run

    3(ii) AJRW - fiscal year change

    3(iii) AJAB - Year-end close for fixed assets.

    4) FI closing -

    4(iii) AR & AP open items foreign currency valuations - F.05

    4(iv) AR & AP - carry forward balances - F.07

    4(v) Print customer statement of accounts - F.27

    4(vi) Valuate GL acct balances in foreign currency - F.05

    4(vii) Enter Accrual/Deferral document - FBS1

    4(viii) Run tax reports

    4(ix) Run P&L & B/S

    5) CO closing -

    5(i) run settlement of Project Systems

    5(ii) run settlement of AuC to Fixed Assets

    5(iii) run settlement of variances

    5(iv) run settlement of service orders

    5(v) carry forward commitments

    5(vi) run assessment cycles / distribution cycles or manual cost allocations

    5(vii) run reconciliation ledger - KALC

    5(viii) Period lock in Controlling

    6) Open and close periods in FI

    Enter translation/exchange rates

    Carry forward balances in FI

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    Former Member
    Nov 06, 2011 at 04:05 PM

    Please find the link below.

    http://wiki.sdn.sap.com/wiki/display/ERPFI/MonthEndandYearEndClosingOperations

    hope this is helpfull to you

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    • Former Member

      Dear Sudhir

      Thanks for your response.

      Could You please help me on the forum- FIFO Value and Moving Average Price Difference when we run MRF1

      Regards

      Ramesh