Closing the fiscal year in SAP's Asset Accounting component is no trivial task. If done incorrectly, it can lead to serious data inconsistencies, recalculation errors or even data loss. This course provides step-by-step details to ensure a smooth year-end closing. Additionally, you will learn how to re-open the year in case you need to make adjustment entries after the year has been closed.
4 Reviews 4.5 of 5.0
|Introduction & Overview|
|1||Intro & Overview|
|3||The #1 Mistake|
|The Year-End Closing Process|
|4||Step 1 - Recalculate values|
|5||Step 2 - Incomplete assets|
|6||Step 3 - Unposted assets|
|7||Step 4 - Delete assets|
|8||Step 5 - Insurance index|
|9||Step 6 - Calendar assignments|
|10||Step 7 - Depreciation|
|11||Step 8 - Reconciliation|
|12||Step 9 - Year-end Change|
|13||Step 10 - Year-end Close|
|14||Step 11 - Reporting|
|15||Step 12 - Re-Open the Year|
|16||Step 13 - Update Support Systems|
|17||Other Steps to Consider|
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Expert SAP consultant with 20+ years of hands-on consulting for mainly Fortune 1000 clients around the world. Published author and sought-after speaker at national SAP conferences. I constantly learn new SAP functionality and enjoy sharing my SAP expertise within the community. Also, I coach and mentor other SAP consultants that want to grow their business.