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Checklist of Year End Closing Activities and Month End Activities

Former Member
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*Dear All

*Could You please sent the checklist details of Year End Closing Activities and Month End Activities.

*Regards

*Ramesh

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Answers (2)

Answers (2)

Former Member

Year end closing in sequence:-

1) MM - close material ledger

2) SD- check all SD documents release to Accounting (VFX3)

3) FI-AA closing -

3(1) AFAB - Depn posting run

3(ii) AJRW - fiscal year change

3(iii) AJAB - Year-end close for fixed assets.

4) FI closing -

4(iii) AR & AP open items foreign currency valuations - F.05

4(iv) AR & AP - carry forward balances - F.07

4(v) Print customer statement of accounts - F.27

4(vi) Valuate GL acct balances in foreign currency - F.05

4(vii) Enter Accrual/Deferral document - FBS1

4(viii) Run tax reports

4(ix) Run P&L & B/S

5) CO closing -

5(i) run settlement of Project Systems

5(ii) run settlement of AuC to Fixed Assets

5(iii) run settlement of variances

5(iv) run settlement of service orders

5(v) carry forward commitments

5(vi) run assessment cycles / distribution cycles or manual cost allocations

5(vii) run reconciliation ledger - KALC

5(viii) Period lock in Controlling

6) Open and close periods in FI

Enter translation/exchange rates

Carry forward balances in FI

Former Member
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Thanks

Former Member
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Please find the link below.

http://wiki.sdn.sap.com/wiki/display/ERPFI/MonthEndandYearEndClosingOperations

hope this is helpfull to you

Former Member
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Dear Sudhir

Thanks for your response.

Could You please help me on the forum- FIFO Value and Moving Average Price Difference when we run MRF1

Regards

Ramesh