We have added search box. Key in SAP issue keyword to search
Home
About
Site Archive
SAP Chat
Contact
TopBottom

Announcement: wanna exchange links? contact me at sapchatroom@gmail.com.

RE: [sap-acct] need to stop carrying year end balances forward

Posted by Admin at
Share this post:
 Ma.gnolia DiggIt! Del.icio.us Yahoo Furl Technorati Reddit

0 Comments

Posted by wnash7658 (SAP Specialist and Leader)
on Jul 25 at 9:30 PM 		Mark this reply as helpfulMark as helpful
Hello,

To add to Svetti's comments.

1. Have the auditors signed off on your process?

2. If the company code currency is not USD, then talk to SAP AG. I can't confirm but I think the EURO changeover in SAP also dealt with transferring the local currency to the EURO. But Roy or other EU consultants could add better details.


Kind Regards and Thanks


Waza





From: Svetti via sap-acct [mailto:sap-acct@Groups.ITtoolbox.com]
Sent: Saturday, 24 July 2010 3:07 AM
To: wnash7658
Subject: RE:[sap-acct] need to stop carrying year end balances forward

Posted by Svetti
on Jul 23 at 3:03 PM Mark as helpful


Since you are bringing part of the opening balances depending on if balances are in USD in document currencies as mentioned by you . In this case you can use general journal FB01 and reverse the opening balances that are not needed but balanced through retained earnings account. I hope that there is an equity account with reval reserves in the new balance sheet. It's best advised to have detailed workings of all adjustment to retained earning account for external audit purposes. Just another question.. is the company code currency being now changed to USD

---------------Original Message---------------
From: aka SAP Shasha
Sent: Friday, July 23, 2010 9:20 AM
Subject: need to stop carrying year end balances forward

> Is it possible to stop balances to be carried forward to the new year. The user wants the balances not to be carried to the following year?. Is there a way to reverse the balance carried forward?
>
> The system is SAP ECC6.

__.____._
Copyright © 2010 Toolbox.com and message author.

Toolbox.com 4343 N. Scottsdale Road Suite 280, Scottsdale, AZ 85251
wnash7658
SAP Accounting Enthusiast

Contributed 100 posts in a group to earn a Bronze Achievement
_.____.__

 

0 comments:

Post a Comment

Post a Comment

Subscribe to: Post Comments (Atom)

T r a n s l a t e to your language