Balances Forward 

Use

If you want to post material stocks, assets, work in process or Additional Balance Sheet Items to Profit Center Accounting by transaction, you need to carry balances forward during the course of year‑end closing. Otherwise this step is optional.

When you carry balances forward, the profit and loss accounts are carried forward to the special account entered for that income statement account type in Customizing (see Customizing for Profit Center Accounting). Postings are divided according to controlling area, profit center, origin object type and transaction. Balance sheet accounts are carried forward under the same account and divided according to controlling area, profit center, partner profit center, partner company, function area, transaction, depreciation area (for assets) and results analysis version (for work in process).

Once you have activated the function for carrying balances forward in Profit Center Accounting (see Customizing), the system performs it automatically in the actual system for all postings which are transferred from Financial Accounting or entered manually in Profit Center Accounting.

Activities

The function is found in the EC‑PCA application menu under

·         Actual postings ® Period-end closing ® Balance carried forward.

·         Planning ® Planning closing ® Balance carried forward

On the selection screen, enter the company code and the fiscal year to which you want to transfer the balances. Enter version 0 for actual data or the desired plan version for plan data. You also need to specify which you want to carry forward plan values or actual values.

You can also execute this function in test mode. To execute it in the background, choose Program ® Execute in background.