Hello Sooraj,
1 All expenses including Amortization, Prepaid expenses, Preliminary Expenses and accruals have been booked.
2 Complete Bank Reconciliation.
3 Make Sure sum of intercompany balance is zero
4 Make sure suspense account should be cleared regularly.
5 Ensure all documents relating to MM & SD entered in the system.
6 Calculate overheads on all process orders (CO43).
7 All billing documents are release to accounting.
8 Technically complete all process orders which are fully processed
(CORM)
9 Calculate variance KKS1 ( relavant only if standard cost is Calculated)
10 Close all settled process orders.
11 Close all process orders which are technically complete (CO88)
12 Close MM Period (MMPV)
13. Carryout GR/IR clearing F.13
14 Depreciation Run AFAB.
15 Close FI Posting Periods after month end closing activity is over.
Hope this will be helpful to you.
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