how execute close fiscal year when enterprise has been closed

[SilviaR]

Hi Comunnity, what recomendations could you tell us about this?

In SAP ByDesigen we have 4 enterprises, but 2 of them closed operations the 31th of August,2020. therefore the accountant wants to close the fiscal year in this date. is possible close the fiscal year from january to august, if the periods was created from january to december?

Also, if we execute the balance carryforward: "transfers the closing balances of G/L accounts from one fiscal year to the next, and ensures that the annual net profit/loss is correctly reported in the balance sheet". But in this case the enterprises it will not has a new period fiscal. What can we to do for this case?

[edayang]

Hello Silvia,

I suggest to you close the peirods after August 2020 for these 2 closed enterprises, which will block posting then.

Thanks,

Eda

[SilviaR]

thank you Eda. but before, the accountant wants that "the annual net profit/loss is correctly reported in the balance sheet". any idea for this case?, because the balance carryforward show message error: "Fiscal year 2021 missing for company ABC () in set of books XYZ"

[edayang]

I dont understand why you have to run balance carryfoward to 2021. Because all postings are done by peroid 008 2020, and the enterprises are closed. No meaning to carryfoward any balance to 2021.