Programme SAP FAGL_YEC_POSTINGS - Closing/Opening Postings at Year End

Purpose
The report creates the following postings:

  • Postings for year-end closing of the profit and loss statements for the
  • fiscal year result
    • Postings for closing and opening the balance sheet accounts for the new
    • fiscal year
      You can choose between the following country versions:
      • Italy

      • Slovakia

      • Turkey

      • Portugal

      • Romania

      • Colombia

      • The country versions correspond to the legal requirements of thosecountries. Use the system variant SAP&* appropriate to thecountry version you select.
        Caution
        Even if you create your own report variants, you should always use therespective system variant SAP&* as a template. Each of thesevariants contains hidden parameters that influence how the reportperforms postings. To ensure that the posting logic meets the legalrequirements for the respective country, you should always start thereport with the respective system variant or with a modified copy. Thestandard delivery corresponds to the posting logic for Italy.
        Use this report if you have activated New General Ledger Accounting andif you want to post closing/opening entries to a local ledger. If youhave not yet activated New General Ledger Accounting or if theleading ledger is involved in closing/opening entries, you have to usereport RFSUMB00 from classic General Ledger Accounting.
        In contrast to RFSUMB00, which uses a batch input folder for postings,FAGL_YEC_POSTINGS creates postings in real time using the accountinginterface (with the reference transaction GLYEC).

        Prerequisites
        You must fulfill the following prerequisites before you can execute thereport:

        • There must be a printout of the accounting reconciliation of last fiscal
        • year.
          • The posting periods for posting the year-end closing and for opening the
          • current fiscal year must be open.
            • The last transaction for the balance sheet needs to have been performed.

            • The posting periods of the last fiscal year must be closed, apart from
            • the special periods for the closing postings
              • There must be a printout of the accounting reconciliation of current
              • fiscal year and the totals must be validated.

                Features
                Postings for year-end closing of the profit and loss statements
                The report saves the annual net profit/net loss in table FAGL_TRVOR as the comparison value for closing the balance sheet accounts. InTurkey, you have to close account group 7 separately (for moreinformation, see the documentation on report RFIDTRCLACCL7).
                Since the postings are made using the reference transaction GLYEC,postings can be made directly to G/L accounts for which the Postautomatically only indicator is selected. In the case of accountsthat require a cost-relevant account assignment, the systemautomatically applies for the posting the cost center that you canspecify as the parameter in the selection screen. In the selectionscreen, you can also enter a transaction type for fixed asset accounts.You cannot enter any other characteristics or accountassignments.
                Caution
                Before performing the report in an update run, ensure that:

                • No other postings are performed in your system

                • You use a separate document type with its own document number range for
                • the report postings. This assists you later in delimiting this type ofposting in reporting (document journal).

                  Standard_variants
                  The following variants are updated by SAP in the standard:
                  SAP&COLUMBIA Standard Variant for Columbia
                  SAP&ITALY Standard Variant for Italy
                  SAP&PORTUGAL Standard Variant for Portugal
                  SAP&ROMANIA Standard Variant for Romania
                  SAP&SLOVAKIA Standard Variant for Slovakia
                  SAP&TURKEY Standard Variant for Turkey

1484148FAGLL03: Postings to accounts managed on an open item basis
814821RFSUMB00: Ledger as selection criterion
858525FAGL_YEC_POSTINGS: Various corrections
816757RFSUMB00: Use in the new general ledger (ERP 2004)