Vendor balance carry forward

[former_member821225]

Hi Experts,

Wishing you all a Happy New Year 2023!

Found difference between FBL1N and FK10N in one of my client. They are still in ECC.

Difference identified from FY2015 onwards.Now my doubt is if we do vendor balance carry forward via F.07 will be any financial impact ie change in B/S etc..?

Pls guide me.

BR

L.Ananthakrishnan

[iklovski]

Hello,

F.07 and FAGLGVTR are independent. You just have to make sure that the balances in ledger and subledger are aligned.

Regards,

Eli

[former_member821225]

Hi Eli,

Thanks for the clarification.

BR

L.Ananthakrishnan

[former_member533083]

Hi,

System will not generate any financial documents, but it will update carry forward values in total tables with the difference value.

Ultimately your balance-sheet values will also get updated. You need to check with your business finance team if they are okay with this and then only execute it.

Regards

Kalpesh Vasvani

[former_member821225]

Hi Kalpesh Vasvani,

thanks for your reply. Pls clarify below dobut also.

Is it necessary to follow any sequence to do year end activitieo in ECC that is carry forward first customer / vendor balance via F.07 then we need to carry forward GL balaces via FAGLGVTR?

BR

L.Ananthakrishnan