Step by Step Guide to Year End Closing Activities in SAP FI and CO

This document explains steps to be followed for closing the Fiscal Year in SAP Finance and Controlling (FI & CO). For each activity, you will find descriptive notes and screenshots from SAP ECC 6.0. See the content below;

• Activities In Finance

1. Maintain Opening & Closing Of Posting Periods [OB52]
2. Copying Number Ranges for New Fiscal Year [OBH2]
3. Valuation Of Foreign Currency [FAGL_FC_VAL]
4. Asset Year Closing
   • Settlement Of Assets Under Construction [AIBU]
   • Depreciation Run [AFAB]
   • Closing the Asset Year and Change the New Year [AJAB]
5. Carry Forward Receivables and Payables balances [F.07]
6. Carry forward the GL balances [FAGLGVTR]
7. Reports

• Activities In Controlling
  1. Assessment Run
  2. Over Head Run
  3. WIP
  4. Settlement

Download – Step by Step Guide to Year End Closing Activities in SAP FI and CO