Financial Reporting Preprocess
The financial reporting preprocess comprises the following subprocesses:
Master data transfer (only if you are using the merge scenario [Balance Analyzer])
Posting of external business transactions
Mid-period key date valuation
None of these subprocesses can run independently or as part of a financial reporting process. They must be linked to a financial reporting preprocess. This preprocess can be run both at the end of the period, as well as subperiodically. The financial reporting preprocess has a legal entity
and an SDL time stamp. These attributes are used in all the subprocesses (the financial balances subprocess does not read any SDL data and thus only requires the legal entity of the financial reporting preprocess). Every financial reporting preprocess also automatically gets a financial reporting preprocess number.
The financial reporting preprocess is dependent upon the accounting system. Not all of the subprocesses are likewise accounting system-dependent. The financial reporting preprocess is not specific to one key date. Not all of the subprocesses are key date specific. You can display the log for all the subprocesses of the financial reporting preprocesses.
Process
We provide the following activities for financial reporting preprocesses:
Create financial reporting preprocess
Display financial reporting preprocess
Create and display financial reporting preprocess
Subledger Scenario
In the subledger scenario, use the function for setting the SDL time stamp instead of the financial reporting preprocess.
Merge Scenario (Balance Analyzer)
On the SAP Easy Access screen, choose 
Bank Analyzer
Analytics
Accounting: Merge Scenario
Balance Analyzer
Automatic Processing
Processing Independent of Period
General Functions
.
Create Financial Reporting Preprocess
Display Financial Reporting Preprocess
Enter the legal entity and the SDL time stamp. For each legal entity, the financial reporting preprocesses are automatically numbered sequentially (= financial reporting preprocess number). The current financial reporting preprocess is the one with the highest number.
Every subprocess of a financial reporting preprocess uses its SDL time stamp for all operations involving reading data from the SDL. Enter the legal entity in the selection screen for each subprocess. A subprocess then uses the SDL time stamp from the last financial reporting preprocess for the corresponding legal entity.
You only have to create a new financial reporting preprocess if you want to use a new SDL time stamp. Because the financial reporting preprocess is not dependent upon the key date or the period the key date only appears on the selection screen for those subprocesses that require it. The same applies to the accounting system.
To run a financial reporting preprocess, you can schedule programs in a flow definition in Schedule Manager or you can start the individual steps of the financial reporting process in the individual transactions. For more information, see Financial Reporting Process and Schedule Manager.