Need help in Month end activites.

[former_member665636]

Hi Sir/Madam. 

I am fresher to SAP FI/CO world. Can any one send explain me below Month End Activities..? 

1.Posting Accruals and Provisions Entries at month end..? Why do we do that activity and how to do ..? 

2.Managing the G/R, I/R Account and how to run this Account.Why do we do that activity and how to do ..? 

3. Foreign Currency revaluation..? Why do we do that activity and how to do ..? and revaluation of AP, AR.? 

4.Maintain Exchange rates..? 

5. Reclassify payable and receivables ..? what is the necessity to do..? 

6. Run the Bank reconciliation statement. 

7. AAP error log analysis ..? any tips to understand the topics.. 

Thanks in advance.

[former_member211095]

Hi Madhu

As I understand, mentioned above points in the thread relates to FI Monthly closing activities.

You need to post the same in ERP Financials community forum and this forum relates to SEM BCS.

Regards

Rajesh SVN