“User Manual”
Balance carry forward of GL Accounts
PROJECT “SynerG”
Final
December 2015
Parle / IBM Confidential
FAGLGVTR- Balance carry forward of GL Accounts
Functionality
This transaction is used to carry forward the balances of the general ledger to the new
fiscal year. You can run this transaction multiple times. You should always run it if there
the are
discrepancies between the balances of the GL accounts in the previous and the current
fiscal year.
The GL balances are carried forward as follows:
a) Balance sheet accounts are carried forward to the same account numbers.
b) P&L accounts are carried forw
forward
ard to the retained earnings account. The transaction
currencies are not transferred and are totaled in the local currency.
Scenario
You want to transfer GL account balance to the new fiscal year
Requirements
Transaction balance exists on various GL ccodes.
Menu Path Accounting → Financial Accounting → General Ledger →
Periodic Processing → Closing → Carrying Forward →
FAGLGVTR- Balance Carry Forward
Transaction Code FAGLGVTR
1. Double click on FAGLGVTR - Balance Carry Forward.
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Balance carryforward
2. Update the following fields:
Field Name Field Description Values
Ledger Standard GL ledger = 0L. we 0L and IN
also have non-leading
ledger:IN
Company code Code identifying a separate 1000
legal entity for which a separate
set of accounts is maintained
for external reporting purposes
Carry forward to fiscal Enter here the fiscal year 2016
year number you want to carry the
balances to.
3. If you want to display the individual balances of the P&L statement accounts which
are carried forward to this retained earnings account, click <checkbox>Balances
<checkbox> in
retain.earng.acct .
4. Click Enter Button to confirm your entries.
5. Click Execute to carry forward balances and display a report:
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6. You can display individual balances of the particular accounts. Click
to display balances of balance sheet accounts:
Display of balance sheet accounts
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7. Click Back .
8. Click button to display balances of P&L accounts:
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Display of retained earnings accounts
9. Click Back . Removing test run and execute to balance carryforward.
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