Year-End Closing 

Use

During the year-end closing, you can transfer carry forward open commitment values from purchase requisitions, purchase orders and funds commitments (see: Funds Commitment (Cost Centers, Internal Orders, Projects)) to the first period of the next fiscal year. You can select by account assignment object ( cost centers, orders, or projects). Alternatively, you can process individual documents. The carry-forward of the commitment values occurs for each controlling area.

For more information on commitments management, see the SAP Library under Financials ® CO Controlling ® CO Internal Orders ® CO Commitments Management (see: Commitments Management).