Purpose
You use this program in new General Ledger Accounting to perform closingand opening entries for a change in fiscal year.
Note
For classic General Ledger Accounting, you use the programYear-End Postings (RFSUMB00).
This program 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
In this program, the postings are created in real time using theinterface to Accounting (with reference transaction GLYEC).
The totals records resulting from the closing and opening entries areupdated with record type 5 to be able to distinguish them in reportingfrom totals records from operational postings (record type 0). Thepostings are made using the account assignments in the totals recordtable.
To summarize balances using specific account assignment characteristics,you can use the Business Add-In (BAdI)Summarize Balances Using AccountAssignment Characteristics.
Note
Validation is not performed for transferred account assignmentcharacteristics.
You can choose between the following country versions of theprogram:

• 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.
@1B@
When creating your own report variants, always use the respective systemvariant SAP&* as a template. Parameters that are set in thebackground in these system variants influence how the report performspostings. To ensure that the posting logic meets the legal requirementsfor the respective country, you should always start the report with therespective system variant or with a modified copy. The standard deliverycorresponds to the posting logic for Italy.

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


• The accounting reconciliation of last fiscal year has been printed out.


• The posting periods for posting the year-end closing and for opening the
current fiscal year is open.

• The last transaction for the balance sheet has been performed.


• Apart from the special periods for closing entries, the posting periods
of the last fiscal year are closed.

• The accounting reconciliation of current fiscal year has been printed
out and the totals have been validated.

Features

Year-end closing entries for profit and loss statements
The program saves the annual net profit or loss in table FAGL_TRVOR
as the comparison value for closing the balance sheet accounts.
Note
In Turkey, you have to close account group 7 separately. To do this, usethe program Turkey: Closing Account Class 7 (RFIDTRCLACCL7
).
Since the postings are made using the reference transaction GLYEC, youcan make postings directly to G/L accounts for which the PostAutomatically Only indicator is selected. You cannot enter anyother characteristics or account assignments.
Abap_icon_excl
Before performing the program in an update run, ensure the following:
No other postings are made in your system at the same time.
For the postings with this program, you use a separate document typewith its own document number range. This enables you to clearly identifythis type of posting 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