Hello Dev,
These are some Imp month closing activities.
Closing Activities
1 Open posting period for next year OB52
2 Review list of recurring journal entries FBD3
3 Execute Recurring Entries for A/R, A/P, G/L F.14
4 Process Parked A/R, A/P, G/L accounting documents FBV0
5 Final Cutoff for the Maintenance of Fixed Asset- Add Transfer and Retire ABUMN
6 Run Depreciation in Test Run and post AFAB
7 Verify Display Log for Depreciation Test Run AFBP
8 Capitalize AUC Assets if needed AIAB, AIBU
10 Enter Payroll Data to SAP CAT2
11 Verify Depreciation Balances with GL balances ABST2
12 Post Depreciation AFAB
13 Execute Asset History Report, and retire assets if needed S_ALR_87011963, ABAVN
14 Adjust specific depreciation areas if necessary ABCO
15 Reconcile AM sub ledger with GL ABST2
17 Check Bank Data S_P99_41000212
18 Review AR Open Items FBL5N
19 Review AP Open Items FBL1N
20 Execute Pending Invoices MRBP
21 Clear Open Item for GRIR, freight F.13
22 Reconciliation of Financial Documents and transactional figures F.03
23 Open new CO Posting Period: OKP1
24 Compare current (cost estimates) with last current price (Moving Average) OKBH
25 Update current cost price to material master price field CK11N, CK24
26 Process Freight charges, Match SD freight to actual V-31
27 Review Internal Order Postings OKSA
28 Settle All Orders KO88
29 Verify All Post Goods Issue have been Invoiced (Billing Due List) VF04
30 Review SD Billing Doc from prior month that have not yet been released to accounting F.2D
32 Reconcile PI Inventory with SAP MI07
33 Perform Manual Adjustment if needed F-02, FB50
34 Verify balance of the GR/IR account MB5S
35 Post Accruals and Deferrals FBS1
36 Clearing of Cancelled Documents F-03, F-32, F-44
37 Check Profitability Segment Adjustment KISR
38 Aging Report-Reconcile GL balances with sub ledger balances AP FBL1N, FBL5N, FBL3N
39 Check the check run numbers FCH1, FCHI
40 Bank reconciliation Data FF67 & FEBA
41 Enter Tax Journal Entry FB41
42 Reconcile GL balances with sub ledger balances AR/MM/AP F.03
43 Display Balance Sheet Adjustments F.5F
44 Post Balance Sheet Adjustments F.5E
45 Post Foreign Currency Valuation (foreign exchange) F.05
46 Check generic cost centers for posting with wrong accounts GGB0
47 Correct wrong postings on generic cost centers
48 Check Validation dates for Cost Centers, Cost Elements, CO area
49 Check COGI--for both month end and year end
50 Doubtful receivables F104
51 Verify In-transit Inventory
52 Reconcile PA to G/L KE5U
53 Post Cost Center Assessments and Distributions KSU5 & KSV5
54 Run CO-FI Reconciliation to balance KALC
56 Maintain CO yr variant KCRQ
57 Fiscal Yr Balance carry forward AP/AR/AM F.07
58 Fiscal Yr Balance carry forward CO CXS1
59 Fiscal Yr balance carry forward FI F.16
60 Fiscal Yr balance carry forward PCA 2KES
61 Set Document number ranges - FI - new year OBH2, OBA7
62 Set Document number ranges AP/AR - new yea OBA7
63 Generate Financial statement Reports OB58 , FSE2
64 Change Fiscal Year For Assets AJRW
65 Year end Closing-- Asset Accounting--final for year end AJAB
66 Close CO Posting Period : OKP1
67 Close Prior A/R Posting Period OB52
68 Close Prior A/P Posting Period OB52
69 Close Prior MM Posting Period OMSY
70 Reverse accruals and deferrals for the new month F.81
71 Reconciliation of Financial Documents from old fiscal year and new fiscal year FNSL
72 Load Balances, Budget Data for Cost centers, sales F.16
73 Update Retained Earning Account , balance carry fwd
Hope it will help you,
Regards,
shashikanth
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