Carry Forward Balances

[Hima_Paluri]

The most important period end activity is performed to carry forward balances of the General Ledger to new fiscal year.

With 2008 release the app Carry Forward Balances, which requires to start manually balance carry forward process, has been removed.

To reduce manual effort, the process to carry forward balances has been automated. Now, the balance carryforward is automatically scheduled two weeks before the start of a new fiscal year.

If you would like to manually schedule the balance carryforward, can use the job template available “Balance Carryforward” in the Schedule General Ledger Jobs app.

Below is the detailed demo on how it is processed:

Apps involved:

1. Schedule General Ledger Jobs

Business Role:

Unrestricted read/write for:

1. Configuration Expert - Business Process Configuration: BR_BPC_EXPERT

2. SAP_BR_GL_ACCOUNTANT

Balance Carryforward:

Login with the role General Ledger Accountant: GL_ACCOUNTANT

1. 1. Go to app - Schedule General Ledger Jobs:

Click “Create”

Select template “Balance Carryforward”

Scheduling Options: Select immediately:

Select the required parameters and mention to which fiscal year want to carry the balance forward:

Click check to see any errors, as no errors here proceeding further to schedule the Balance Carryforward job.

Can see the status “In process” as it is processing the balance carry forward for the ledgers selected for specific company code in parameter section for new fiscal year:

Click on Go and see the status changed to “Finished” as it is completed:

Click on the Job to see the details of log status:

Here can see the status of the log as Information and success of the Balance Carryforward completed for New Fiscal year:

This completes the Balance Carryforward job when we process manually.

Kindly refer link for more details - https://help.sap.com/viewer/0fa84c9d9c634132b7c4abb9ffdd8f06/2008.500/en-US/12107457ac955c08e1000000...

Regards,

Hima