Answer / amalendu dinda

1.Recurring Documents
A)Creat Recurring Documents. B)Creat Batch input for
posting recurring Documents. C) Run batch input session
2. Posting Accruals or Provission entries at month end
3. Managing the GR/IR Account-Run the GR/IR Automatic
Clearing.
4.Foreign Currency open item Revaluation -Revalue open item
in AR&AP
5. Maintain Exchange rate.
6. Run Balanc sheets - Run Financial statement version
7 Reclassify Payables & Receivables if necessary
8.Run the Depreciation Calculation.
9. Fiscal yera change of Asset Accounting if it is year end.
10. Run the Bank Reconciliation
11. Open Next Accounting Period.

Answer / babu

MONTH END ACTIVITIES FOR FI:

1. Recurring Documents.
a) Create Recurring documents
b) Create Batch Input for Posting Recurring Documents
c) Run the Batch Input Session
2. Posting Accruals or Provisions entries at month end
3. Managing the GR/IR Account-Run the GR/Ir Automatic
Clearing
4. Foreign Currency Open Item Revaluation-Revalue Open
Items in
AR.AP
5. Maintain Exchange Rates
6. Run Balance Sheets –Run Financial Statement Version
7. Reclassify Payables and Receivables if necessary
8. Run the Depreciation Calculation
9. Fiscal Year Change of Asset Accounting if it is year end
10. Run the Bank Reconciliation
11. Open Next Accounting Period


PERIOD END CLOSING ACTIVITIES IN CONTROLLING :

The following are the period end closing activities in
Controlling:
Repost CO Documents that was incorrectly posted
Run Distribution or Assessment Cycles
Run the Overhead Calculation in Product Costing
Run the WIP Calculation in Product Costing
Run the Variance Calculation in Product Costing
Run the Settlement Calculation in Product Costing which
will post all the
WIP and variance to Finance and PA.
Calculate FI Data for Transfer to Profit Center
Transfer Balance Sheet Items like Recievables, Payables,
Assets and
Stock
Run Results Analysis for Sales Order if applicable
Run Settlement of Sales Orders to PA.

Answer / rudra

recuring documents,Depreciation,out standing exp

Answer / kiran

WE SHOULD DO THESE ACTIVITIES AT MONTH END .
1.IF ANY RECURRING ENTRIES THEN WE SHOULD POST POSTINGS.
2.WE SHOULD POST MONTH END ENTRIES LIKE (SALARIES ,RENT
ETC....PROVISIONS).
3.CLOSING THE PRESENT PERIOD AND OPENING NEW PERIOD.

Answer / pasha shaikh

Some business transactions are repeated regularly every period or quarter such as rent and insurance .SAP gives the Recurring Entry option to make this entry one time and run it every period and have the same financial effect.

Recurring Documents are used when date and amount are fixed. Ex: Prepaid Expenses / Hire Purchase Installments.

Answer / deepankar mondal

recurring document

Answer / jabee.sap

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