Asset Year End Closing-AJAB or FAGLGVTR to be executed first

[yogeshgkamath70]

Hello,

I am working on Asset Year process and I have few query related to execution of steps in Asset Year End process.

As per my understanding below is the sequence of Asset Year End Process.

1. FAGLGVTR-Balance carry forward for Leading Ledger, this step also open the new year FY and update the table T093C with current FY.

2. Check Last Closed Fiscal Year in FI and FI-A - OAAQ ( Last Closed year is 2021)

3. Check TABA table for Last Depreciation Posting Period

4. Check Customizing Using Report – SE38 RACHECK0

5. Check Incomplete Assets – SE38 RAUNVA00

6. Recalculate Depreciation - AFAR

7. Execute Depreciation Posting Run for Period 12

8. Close the FA year – AJAB (by end of Q1)

My concern is with step 1 Vs Step 8. As per the SAP standard, we cannot keep 2yrs open in the system. So I have to close the FY-2022 before I open the FY-2024 else I will not be able to execute the Step-1 (FAGLGVTR). However, as per the search the steps 8 is always performed in the last.......Please guide me.

We are on Simple Finance version.

Regards,

Yogesh.

[Mark_W · Accepted solution]

Hi Yogesh

If you have two years open in Asset Accounting, then you will need to close the earlier year before you can execute the balance carry forward.

If you only have one year open then you can execute the balance carry forward, after a successful execution then you will have two years open.

You should also close the earlier year as soon as the accounts are certified so no unintended changes are made in error.

Regards
Mark

[minisha001]

First please implement:

3157621 - BCF: Optimize Dynamic Packaging
3135480 - AFAR allocates too much memory

Also, I'll kindly ask you to go through SAP KBA 3366449 - Dump TSV_TNEW_PAGE_ALLOC_FAILED happens in transaction FAGLGVTR, it brings the following:

"Resolution

As depreciation recalculation (AFAR) is the main part of the balance carry forward run and it creates updates upfront, recalculation(AFAR) before FAGLGVTR is necessary.

For year-end closing scenario, make sure all listed steps are performed correctly without any problem.

2596921 - FI-AA Closing Procedure in sFIN and S4 Environment."

Also check SAP Note regarding performance issue in Asset Accounting:

3102251 - FAQ SAP S/4HANA: Balance Carryforward (transaction FAGLGVTR) -

[yogeshgkamath70]

Hi Mark,

I had the same understanding. Thank you for clarifying.

Regards,

Yogesh.