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Procedure documentationClosing a Financial Reporting Process

 

The financial reporting process is a sequence of different programs that generate data for a financial statement for external accounting. There can be several financial reporting processes for each financial statement. A distinction is made between full runs and correction runs (see Financial Reporting Process).

Prerequisites

A financial reporting process exists that has not been closed.

Procedure

  1. On the SAP Easy Access screen, choose Start of the navigation path Bank Analyzer Next navigation step Analytics Next navigation step Accounting: Merge Scenario Next navigation step Balance Analyzer Next navigation step Automatic Processing Next navigation step Period-End Processing Next navigation step General Functions Next navigation step Close Financial Reporting Process End of the navigation path.

  2. Enter a legal entity and an accounting system.

  3. To specify the period of time, enter a Fiscal Year and Period.

  4. Select a Value Type.

  5. Set the Status of the Financial Reporting Process to either Completed or Completed with Errors.

  6. Choose Execute.

For more information about value types, see Features of the Financial Reporting Process.

You can execute this transaction directly or include it in the flow definition of a financial reporting process. For more information, see Examples for Financial Reporting Process and

Financial Reporting Process and Schedule Manager.

Result

When you have run the Close Financial Reporting Process program, programs within the closed financial reporting process can no longer be started. To start these programs again you must create a new financial reporting process. The previous process for the same balance sheet has been closed.