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Why system automatically forwarded the balance to next year?

Rachel1
Advisor
Advisor
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When checking app Balance Carryforward Status, it displayed that the balance has been forwarded to next year without manually operation.

Accepted Solutions (1)

Accepted Solutions (1)

Rachel1
Advisor
Advisor
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See https://help.sap.com/viewer/0fa84c9d9c634132b7c4abb9ffdd8f06/latest/en-US/49c2d553088f4308e10000000a...

Balance carryforward (BCF) involves carrying forward account balances for all currencies into the new fiscal year. The balance carryforward is automatically scheduled to run two weeks before the start of a new fiscal year and opening balances for a fiscal year are made available.

Furthermore, balances are automatically updated whenever postings are made to the previous fiscal year. To handle postings that are made while a balance carryforward run is in process, balances are carried forward one day after the automatic balance carryforward is activated.

If you'd like to manually schedule the balance carryforward, you can use the Balance Carryforward job template in the Schedule General Ledger Jobs app.

Best regards,

Rachel

Answers (1)

Answers (1)

Cora_Phelan
Product and Topic Expert
Product and Topic Expert
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