Postings after FAGLGVTR

[Former Member]

We need to carry forward the balances for the reporting of January 2015 but the accounts of 2014 are not yet finalized. Can someone please confirm if it is possible to carry forward balances using FAGLGVTR to 2015 and still be able to post to Dec 2014.

Will the transactions posted to 2014 after the carry forward transaction, get automatically updated in the opening balance of 2015?

Thank you

[Former Member]

Yes - if you click on the blue information icon when you are in t code FAGLGVTR, here is what it says:

This program is used to carry forward the balances of the general ledger or
another ledger to the new fiscal year.

The program can be run multiple times.

Normally, the program does not need to be run more than once, since postings
to the previous fiscal year are automatically carried forward to the current
fiscal year, if the balance carry forward program has already been run.

[Former Member]

Thank you everyone. That solves my problem.

[former_member198650]

Hi Muhammad,

Yes, you can post to previous year even after run the program. After run it, the system automatically update the balance after done posting in previous year.

Regards,

Mukthar

[former_member184878]

Hello,

you can run balance carry forward.

do posting in previous year and current year

balances will be adapted automatically >>> 2014 to 2015

this is why we normally run FAGLGVTR only for one time

hope this helps.

br erwin

[raheem_baksh]

Hi Muhammad A Baig,

Yes, and there is no issue.

Carrying Forward Balances - General Ledger Accounting (FI-GL) (New) - SAP Library

Regards

Raheem