Do you have questions about the fiscal year change in Asset Accounting? – Perhaps you are wondering what to consider for the balance carryforward.
When posting to the prior fiscal year (YYYY-1), you might be wondering whether you still need to perform the balance carryforward even though it has already been executed.
In this instance, the balance carryforward does not need to be done again, is the response. The balance carryforward was previously carried out automatically by the system at the conclusion of the fiscal year (YYYY-1) and the beginning of the following fiscal year (YYYY). This indicates that the system will automatically move all further postings for fiscal year YYYY-1 to the current fiscal year YYYY.
Are you contemplating the following: How should I handle a new company code? or What are the necessary conditions in which I can end a fiscal year?
For answers to these and other questions, see the FAQ document in the Asset Accounting product assistance on the SAP Help Portal.
For SAP S/4HANA Cloud, check out the SAP Help Portal under Fiscal Year Change in Asset Accounting: FAQ | SAP Help Portal | SAP S/4HANA Cloud.
For SAP S/4HANA on premise, see Fiscal Year Change in Asset Accounting: FAQ | SAP Help Portal | SAP S/4HANA on premise.