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Please clarify the following doubts

Former Member
0 Kudos

Hi Gurus,

in my company it may take to do year end for nother one week due to backlog. please clarify following issues

1) without transferring all balances to next year whether users can post any transaction in new year

2) where asset fiscal year change AJRW should be done before gl balances transfer or after gl balances transfer.

3) after transferring all balances to new year only, then only we need to do the transaction ?

Please clarify it.

Regards

Sreenivas.P

Accepted Solutions (1)

Accepted Solutions (1)

Former Member
0 Kudos

HI Sreenivas,

If you have opened your posting periods for next fiscal year in FI module, you can post entries to the next fiscal year.

You can do carryforward for GL, AR, and AP, Even though you can post documents to the previous fiscal year also, these documents will be automatically transfers the balances to the next FY without running the carryforwarding execution.

Once you have posted all the asset transactions and depreciation run, then only do asset fiscal year change, otherwise you cannot post any more documents to the previous FY in asset accounting.

Please keep me posted for further doubts.

Thanks,

Srinu

Answers (2)

Answers (2)

Former Member
0 Kudos

1) without transferring all balances to next year whether users can post any transaction in new year

Yes, If you done fiscal year change process.

2) where asset fiscal year change AJRW should be done before gl balances transfer or after gl balances transfer.

It doesn't matter.. You can choose do either.

3) after transferring all balances to new year only, then only we need to do the transaction?

don't understand your question

Best regards,

[SAP Free Download|http://www.sap-exp.com]

Former Member
0 Kudos

Hi

1 ) without transferring all balances to next year whether users can post any transaction in new year

ans. see in case of FI u post the transaction without transafer the balance of Previours year but in case of asset u cannot post any transaction of asset related

2) where asset fiscal year change AJRW should be done before gl balances transfer or after gl balances transfer.

Ans first u carry forword the balance of F.07 vendor and customer , then asset then GL

note : in SAP in case of asset two fianacial year are open

supppose if ur asset period 2007 open then u post the transaction in 2009 also , then in 2009 u close the tasset in 2007

3 ) no, this is not mandatory but this sap standard practice

if any query revert back

Regards

Roobal