8/11/2019 SAP Month End Activities
1/1
1.
Execute Report for Inter Company Activity & Journal Entries
2.
Open posting period for next yr (T.Code: OB52)
3.
Review list of recurring journal entries (T.Code: FBD3)
4.
Execute Recurring Entries for A/R, A/P, G/L (T. Code: F.14)
5.
Process Parked A/R, A/P, G/L accounting documents (T.Code: FBV0)
6.
Final Cutoff for the Maintenance of Fixed Asset- Add Transfer and Retire (T.Code: ABUMN)
7.
Capitalize AUC Assets if needed (T.Code: AIAB, AIBU)
8.
Enter Payroll Data to SAP via journal entry
9.
Execute Asset History Report, and retire assets if needed (T.Code: S_ALR_87011963, ABAVN)
10.
Adjust specific depreciation areas if necessary (T.Code: ABSO)
11.
Check Bank Data (T.Code: S_P99_41000212)
12.
Review AR Open Items (T.Code: FBL5N)
13.
Review AP Open Items (FBL1N)
14.
Open new CO Posting Period: (T.Code: OKP1)
15.
Perform Manual Adjustment if needed (T.Code: F-02, FB50)
16.
Post Accruals and Deferrals (T.Code: FBS1)
17.
Clearing of Cancelled Documents (T.Code: F-03, F-32, F-44)
18.
Aging Report-Reconcile GL balances with sub ledger balances AP ( T.code: FBL1N, FBL5N, FBL3N)
19.
Check the check run numbers (T.Code: FCH1, FCHI)
20.
Bank reconciliation Data (T.Code: FF67 & FEBA)
21.
Reconcile GL balances with sub ledger balances AR/AP (TFC_COMPARE_VZ)
22.
Update Currency Exchange Rates as of month-end (T Code: OB08)
23.
Post Foreign Currency Valuation (foreign exchange) (T.Code: FAGL_FC_VALC; AM - C for
Valuation area 10 and 11; CL for valuation area 12. Valuation area 11 for US GAAP and 12 for HK
GAAP)
24.
Run Depreciation in Test Run, verify and post (T.Code: AFAB, AFBP,ABST2)
25.
Post FA adjustments to GL (T Code: ASKB)
26.
Check generic cost centers for posting with wrong accounts
27.
Correct wrong postings on generic cost centers
28.
Calculate Interest for Customers
29.
Reclassify negative balances for AR and AP
30.
Post Provision for doubtful receivables
31.
Verify Inventory & Cost of Sales balances
32.
Verify Sales balances
33.
Close AR and AP Posting Period : (T.Code: OB52)
34.
Reverse accruals and deferrals for the new month (T.Code: F.81)