Balance Carryforward 

Use

When the fiscal year changes, the item balances need to be carried forward from the old fiscal year to the new fiscal year.

Features

Carrying Forward Item Balances

The balance carryforward function carries forward the designated item balances into the carryforward period (period 000). The system uses the following logic:

·        Balance sheet items are generally always carried forward.

·        Income statement items are only carried forward if explicitly designated as carryforward items.

·        Statistical balance items are generally always carried forward.

·        Statistical flow items are only carried forward if explicitly designated as carryforward items.

Data to be Carried Forward

The system carries forward both the totals data and additional financial data (equity, investments).

Different logic is used in balance carryforward when processing equity data if the equity data is also read from the additional financial data.

Other System Activities During Balance Carryforward

Consideration of Transaction Types

In addition to explicitly specifying the items to be carried forward, you can also specify transaction types. You specify carryforward transaction types in Customizing of subassignments.When balances are carried forward, the system changes the transaction types according to their Customizing settings, which means that the balances are carried forward to the specified carryforward transaction types.

When you specify an explicit item to be carried forward and you use maximum selections, take into consideration that the transaction type of the item carried forward must be a part of the maximum selection used in the breakdown category of the items to which the balances are carried forward.

In Customizing of balance carryforward, you explicitly specified that item A is carried forward to item B. Item B has a breakdown by transaction type and the maximum selection includes transaction types 120 - 140. However, item A is broken down by transaction type 100.

In this case, the system issues an error message.

Adjustment of Posting Levels

The system adjusts posting levels as follows:

Posting Level Old Fiscal Year	Posting Level New Fiscal Year
00	00
01	00 (document type is reset)
10	10
20	20
30	30

Resetting of Activities and Activity Numbers

The system resets the activities and their numbers in the data streams for investments and investee equity.