Period-End Closing with the Schedule Manager 

Purpose

Periodic processing, such as overhead application, interest calculation, results analysis, incoming orders, and settlement are executed on the basis of fiscal year periods. This is generally at the start of a given period for the preceding period.

Schedule Manager enables you to automatically schedule and execute period-end closing tasks across modules. Schedule Manager lets you analyze results, correct any errors, and repeat period-end closing for all incorrect data records.

You can find further information about the Schedule Manager in the SAP Library under

Financials ® CO Controlling ® General Controlling ® Schedule Manager

Process Flow

  1. You first check the period settings in the Schedule Manager and specify the objects for which you wish to execute period-end closing.
  2. As no settlement rule has been maintained for your project, you schedule the task Generate Settlement Rule.
  3. You then schedule the flow definition Z_130. This contains the following periodic tasks:
  1. You monitor the results of the periodic task in the Job Monitor.
  2. The person responsible receives a mail containing all information relevant to the period-end closing.

The following graphic illustrates the sequence of the necessary tasks: