Month-End Closing in SAP comprises activities involved in closing a posting period. This document contains several steps and transactions used within the Month-End Closing process for a specific company. After a brief introduction a detailed explanation of the transactions in the main part of the documentation follows. Find below a list of transaction processes covered in this guide;
- Payroll
Transaction F-02 (Payroll Expenses Input)
- Revision of Material
Transaction KKAO (Calculate Work in Process: Collective Processing), Transaction KKS1 (Variance Calculation: Collective Processing), Transaction CO88 (PO Settlement: Collective Processing), Transaction KO8G (Settlement of Internal Orders)
- Adjustment and Process Maintenance
Transaction F.50 (Profit and Loss Adjustment), Transaction F.5D (Calculate Balance Sheet Adjustment), Transaction F.5E (Post Balance Sheet Adjustment), Transaction F.05 (Foreign Currency Valuation)
- Expenses Allocation
Transaction KSV5 (Allocations Distribution)
- Scrap and Material Valuations
Transaction S_ALR_87012284 (Scrap Reclassification), Transaction ZCOPC (Balance Sheet Valuation), Transaction MB51 (Report of Monthly Scrap), Transaction KB51 (MAT & QUA Maintenance), Transaction KEU2 (Cycle Maintenance)
- Maintenance
Transaction KB51 (MAT & QUA Maintenance) , Transaction KEU2 (Cycle Maintenance)
- Sales & Cost of Sales
- Personnel Expenses
Transaction KSA3 (Social Benefits Actual Accrual), Transaction KO8G (Actual Settlement of Internal Orders)
- Fixed Assets
Transaction AFAR (Recalculate Depreciation), Transaction RAANALYZE01 (Determine Locked CC and IO), Transaction AFAB (Posting Depreciation), Transaction ASKB (Periodic Asset Posting)
- CO-PA Assessment
Transaction KEU5 (Run Assessment Cycles)
- Variances Calculation
Transaction KSS1 (Variances Calculation for Cost Centers), Transaction KSS2 (Actual Fix/Variable Cost Splitting), Transaction KALC (Reconciliation FI-CO)
- P & L Report
Transaction KE30 (Export of P&L Report)
- Balance Statement
- P&L Forecast.