Balance Carryforward
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 totals data and additional financial data (equity, investments).
Different logic is used 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 for subassignments. When balances are carried forward, the system changes the transaction types according to your Customizing settings, which means that the balances are carried forward to the carryforward transaction types specified.
When you explicitly specify an item to be carried forward and you use maximum selections, take into consideration that the transaction type of the item to be carried forward must be a part of the maximum selection used in the breakdown category of the item to which the balances are carried forward.
Example
In Customizing for the balance carryforward, you have explicitly specified that item A is carried forward to item B. Item B is broken down 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 the 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 |
Posting Levels for Consolidation Group Changes
In the event of consolidation group changes, the business application of the document type determines whether the system carries forward values to the new fiscal year.
For postings to posting levels 02, 12, and 22, the following applies:
Business Application |
Balance Carryforward |
|---|---|
|
The system does not carry forward the values to the new fiscal year. |
|
The system carries forward the values to the new fiscal year. |
For postings to posting level 32, the following applies:
Business Application |
Balance Carryforward |
|---|---|
|
The system carries forward the values to the new fiscal year. |
|
This is not supported. |
Resetting of Activities and Activity Numbers
In the data streams for investment and equity data, the system resets the activities and activity numbers.
Multiple Balance Carryforward Tasks
You can assign multiple balance carryforward tasks to a task hierarchy. These tasks can have different posting levels. This can be particularly useful for multiperiod consolidation. For more information, see Balance Carryforward Tasks for Multiperiod Consolidation.