Description
RFSUMB00
This program generates the year-end profit and loss statement postingsthat determine the operating result for the fiscal year and the postingsto open and close the balance sheet accounts for the new fiscal year. Yo
u can choose between country-specific versions for Italy, Slovakia, andTurkey. The country-specific version meet the legal requirements oftheir respective countries.
This program consists of two transactions:

• The first entails generating the year-end profit and loss statement
postings. In the version for Italy, the profit is also entered on thebalance sheet.

• The second closes the balance sheet accounts and carries forward their
balances into the new fiscal year.
Before running this program, you must carry out several steps:

• Print out the accounting reconciliation data for the previous fiscal

year

• Run tests on the P&L statement and the balance sheet to validate the
amounts there and determine the reconciliation accounts

• Create dummy customer and vendor master records that can be used to open
and close reconciliation accounts: a customer and a vendor account arecreated for each reconciliation account. For Turkey: default customerand vendor names can be found in table TABKT

• Configure table TABKT by making the entries necessary to close and open
the balance sheet accounts; these accounts then function asreconciliation accounts for selecting customers, vendors and materialsin line with the schema below. For Turkey: all reconciliation accountsof chart of accounts CATR have been created in table TABKT. If you makechanges to the reconciliation accounts and special G/L transactions inthe Turkish chart of accounts, you have to make the related changes intable TABKT. New dummy accounts (customer and vendor) are also neededfor the new reconciliation accounts

• Opening the posting periods for posting year-end processes and opening
the current fiscal year.
RFSUMB00 is run to create a profit and loss statement. The program savesthe profit or loss for the year in table TABKT and uses it as acomparison value when closing the balance sheet accounts - In Turkey,account group 7 has to be closed separately - see the programdocumentation for RFIDTRCLACCL7

• Carrying out the last step for the financial statements


• Closing the posting periods of the last fiscal year with the exception
of the special periods for year-end closing procedures

• Print out the accounting reconciliation data for the current fiscal year
and validation of the totals
When running the batch input session, the "Post automatically only"indicator is deactivated for all balance sheet accounts marked as such.After the posting is successfully completed, the indicator is reset.
Make certain that no other postings are carried out in your system whilethe batch input session is running.
For Turkey: We recommend you run the batch input session be run in thebackground. The incorrect transactions cannot be reposted, rather, thesession needs to be recreated after completing an error analysis usingRFSUMB00. Since the correctly posted accounts will have a zero balance,RFSUMB00 creates a new session only for the accounts with postings thatled to an error. If the session in run in the foreground, it may not beinterrupted, since this usually leads to data inconsistencies in the G/Laccount database. Even if there are errors, all of the transactions inthe session have to be carried out. The session cannot be run a secondtime; rather, you have to create a new session.
Parameters that are necessary for execution:
COUNTRY-SPECIFIC VERSION: ITALY, SLOVAKIA, TURKEY
COMPANY CODE
FISCAL YEAR
BUSINESS AREA
POSTING PERIOD
TRANSACTION TYPE:
Selection of profit and loss accounts / balance sheet accounts / allaccounts.
Test run and production run
Name of the batch input session to be created
Report variants that are used to store the total resulting from theclosing of the profit and loss statements in table TRVOR.
ACCOUNTS
Profit and loss account - closing
Retained earnings account
Balance sheet account - closing
Balance sheet account - opening
PARAMETERS FOR CLOSING ACCOUNTS
Document type
Document date
Posting date
Posting period
PARAMETERS FOR OPENING ACCOUNTS
Document type
Document date
Posting date
GENERAL PARAMETERS
G/L account debit posting key
G/L account credit posting key
Input tax code
Output tax code
Cost center
Segment type
Asset transaction type
Asset debit posting key
Asset credit posting key
Configure table TABKT by making the following entries:
BUKRS: company code
SAKNR: all reconciliation accounts are entered
KOART: account type of reconciliation account (customer, vendor)
LIFNR/KUNNR: dummy customer or vendor account number
UMSKZ: special G/L account for posting bills of exchange, down paymentsetc.
BSCHS: posting key for dummy customer and vendor accounts
BLART: document type (not currently used). The document type from theprogram parameters is used. In the version for Turkey, the document typemust support all account types (such as "AB").
The following is an example of a typical set of posting specificationsfrom table TABKT:
Customer reconciliation account 140000
Vendor down payment reconciliation account 170000 (sp.GL ind. A)
Reconciliation account for bill liability 125000 (sp.GL ind. W)
You must define a dummy customer account, such as DUMMYCL1
Vendor reconciliation account 160000
Customer down payment reconciliation account 159000 (sp.GL ind. A)
You must define a dummy vendor account, such as DUMMYFOR
Entries in table TABKT
CC Account AT Vendor Customer S. D C DT
--------------------------------------------------------
IT01 0000140000 D DUMMYCLI 04 14
IT01 0000170000 D DUMMYCLI A 09 19
IT01 0000125000 D DUMMYCLI W 09 19
IT01 0000160000 K DUMMYFOR 24 34
IT01 0000160000 K DUMMYFOR 24 34
IT01 0000160000 K DUMMYFOR A 29 39