Sunteți pe pagina 1din 4

Year End Activities include

1. Open New Fiscal Year or Fiscal Year Change for Assets -->AJRW

2. Close the Asset Fiscal Year -->AJAB

3. Balance Carry Forward for General Ledger -->F.16/FAGLGCTR

4. Balance Carry Forward for Vendors/Customers -->F.07

5. Copy Number Ranges for Next Fiscal Year -->OBH2

Month/Period End Activities include

Open New Period in FI

Ensuring all the Parked Documents/Hold Documents to be Completed

Close period in CO & MM

Close Period in FI

Check List for FI Year End Closing


1 Execute Report for InterCompany Activity & Journal Entries
2 Open posting period for next yr
3 Run Business Area's Assignment report.
4 Review list of recurring journal entries
5 Execute Recurring Entries for A/R, A/P, G/L
6 Process Parked A/R, A/P, G/L accounting documents
7 Final Cutoff for the Maintenance of Fixed Asset- Add Transfer and Retire
8 Run Depreciation in Test Run and post
9 Verify Display Log for Depreciation Test Run
10 Capitalize AUC Assets if needed
11 Enter Payroll Data to SAP
12 Verify Depreciation Balances with GL balances
13 Post Depreciation
14 Execute Asset History Report, and retire assets if needed
15 Adjust specific depreciation areas if necessary
16 Reconcile AM subledger with GL
17 Check Bank Data
18 Review AR Open Items
19 Review AP Open Items
20 Execute Pending Invoices
21 Clear Open Item for GRIR, freight
22 Reconciliation of Financial Documents and transactional figures
23 Open new CO Posting Period
24 Compare current (cost estimates) with last current price (Moving Avg)
25 Update current cost price to material master price field.
26 Process Freight charges, Match SD freight to actual
27 Review Internal Order Postings
28 Settle All Orders
29 Verify All Post Goods Issue have been Invoiced (Billing Due List)
30 Review SD Billng Doc from prior mth that have not yet been released to accounting
31 Reconciliation of MM movements in Transit Intra-SAP to NonSAP
32 Reconcile PI Inventory with SAP
33 Perform Manual Adjustment if needed
34 Verify balance of the GR/IR account
35 Post Accruals and Deferrals
36 Clearing of Cancelled Documents
37 Check Profitability Segment Adjustment
38 Aging Report-Reconcile GL balances with subledger balances AP
39 Check the check run numbers
40 Bank reconciliation Data
41 Enter Tax Journal Entry
42 Reconcile GL balances with subledger balances AR/MM/AP
43 Display Balance Sheet Adjustments
44 Post Balance Sheet Adjustments
45 Post Foreign Currency Valuation (foreign exchange)
46 Check generic cost centers for posting with wrong accounts
47 Correct wrong postings on generic cost centers
48 Check Validation dates for Cost Centers, Cost Elements, CO area
49 Check COGI--for both month end and year end
50 Doubtful receiviables
51 Verify In-transist Inventory
52 Reconcile PA to G/L
53 Post Cost Centre Assessments and Distributions
54 Run CO-FI Reconciliation to balance
55 Run BW reports P&L and Balance Sheet
56 Maintain CO yr variant
57 Fiscal Yr Balance carryforward AP/AR/AM
58 Fiscal Yr Balance carryforward CO
59 Fiscal Yr balance carryforward FI
60 Fiscal Yr balance carryforward PCA
61 Set Document number ranges - FI - new year
62 Set Document number ranges AP/AR - new year
63 Generate Financial statement Reports
64 Change Fiscal Year For Assets
65 Year end Closing-- Asset Accounting--final for year end
66 Close CO Posting Period
67 Close Prior A/R Posting Period
68 Close Prior A/P Posting Period
69 Close Prior MM Posting Period
70 Reverse accruals and deferrals for the new month
71 Reconciliation of Financial Documents from old fiscal year and new fiscal year
72 Load Balances, Budget Data for Cost centers, sales
73 Update Retained Earning Account , balance carry fwd

1. Month-end closing in Financial Accounting

Update Exchange Rates

Gaps in Document Number Assignment

Invoice Numbers Allocated Twice

Open and Close Posting Periods

Enter Recurring Entries

Post Recurring Entries

Run Batch Input Session

Automatic Clearing of GR/ IR Account special process

Analyze GR/ IR Clearing Accounts

Automatic Clearing of GR/ IR Account

Post Adjustment Entries

Foreign Currency Revaluation

Post Tax Payable


Record of sales and Use Tax Report

Comparison Documents/ Transaction Figures

Close Previous Accounting Period

Balance Interest Calculation

Display Document Journal

Financial Statement

2. Year-end closing in Financial Accounting

Create Factory Calendar for New Year

Carry Forward AP/ AR Balances

Carry Forward GL Balances

Re-grouping Receivables/ Payables

Balance Confirmation Receivable

Balance Confirmation Payable

Final Close and Release Financial Reporting

Close Previous Accounting Period

Display Document Journal.

Print 1099 MISC forms (Only for USA)

S-ar putea să vă placă și