Balance Carry Forward for the GL account in New GL accounting functionality

[Former Member]

Hello Experts,

We are having New GL accounting functionality.

If we can see the GL account XXXXX in the t-code FAGLGVTR,

Does it mean that balance has not been carried forward for this account XXXXX???

When I ran the FAGLGVTR with Test Run tick I got below Log and when i clicked on Balance sheet accounts I can see the above GL account XXXXX for which I am having doubt that balance is not carried forward to the new fiscal year.

Below is the log for the FAGLGVTR test run:

Log for Balance Carryforward

Processing type Test run

Fiscal year 2013

Ledger 0L

RecType 0

Version 001

Company code XXXX

Balance carry forward successfully completed

List display of records carried forward possible using the "balance sheet" or "retained earning acc" button/

What is the best way to check that balance has not been carried forward for the GL account?

Thanks & Regards,

Patel

[Former Member · Accepted solution]

Patel ,

You need to execute  report FAGLB03-Display GL balance.At the  top system should show you the balance carry forward from the previous year, that way you can confirm if balance is carried  forward to a GL account or not.

Regards

Shaun

[narasimhulu_konnipati]

FAGLGVTR has to run in real time to forward GL balances from one fiscal year to another.

All P/L Accounts balances will be moved to Retained earnings account

All Balance sheet accounts will be moved to same GL Accounts

Hope this helps

Thanks

[Former Member]

Tushar,

Looking at your log, it seems like your balance will transfer successfully to 2013 for the GL account in question. The log provides you will all balance sheet GL accounts and therir amounts that will be transferred. It also gives you the balance of retained earnings account for your P&L.

But once you run FAGLGVTR without test run, you would be able to confirm GL balances by displaying the balance for that account in fiscal year 2013; you can use tcode FAGLB03.

Thanks,

Avinash