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Opening Trial Balance for current fiscal year

Former Member
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SBO Version: 8.81 PL11

Forum,

I am wondering how best to obtain from my SAP system an opening TB balance for the beginning of the current fiscal year.

Any help or advise would be greatly appreciated.

Orla

Accepted Solutions (1)

Accepted Solutions (1)

Former Member
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Hi Orla........

There are several Options to get the Opening Balance from TB....

Regards,

Rahul

Answers (2)

Answers (2)

former_member184718
Active Contributor
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Hi Orla,

In the Trial Balance selection criteria, select the check box 'Opening Balance for Period' which has two more options:

a. OB from Start of Company Activity:

All Opening balance from the start of the company fiscal year will be included in the TB report

b. OB from Start of Fiscal Year:

Won't show opening balance if your posting period defined is the financial year. If the period defined is any other than the current fin year, then all the transactions of the current fin year will be accumulated and displayed.

Add Closing Balances :

Includes Year-End journal entry.

Check SAP Note # 1467213 - Opening Balance/Closing Balance in Trial Balance Report

Thanks.

Hari

KennedyT21
Active Contributor
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Hi Orla,

To open the window, choose  Financials -- Financial Reports  -- Financial  -- Trial Balance  .

Click on the Trial Balance Option Button

Display in Report

As default, the checkbox is cleared. Selecting trial balance it displays the following options:

  • OB from Start of Company Activity – Displays the opening balance accumulated since the company’s activity started.
  • OB from Start of Fiscal Year – Displays the opening balance accumulated from the start of the current fiscal year.

Regards

Kennedy