Resetting the Period-End Closing
Use
Use this function to reset the period-end closing for the positions you select up to a certain key date.
Integration
You might need to reset the period-end closing activities if position-changing flows exist in a period that has already been closed. In such a case, you would have the option of chronologically reversing all the position-changing flows that exist after the key date of the flow you subsequently want to enter.
The system does not allow you to reset the period-end closing activities if complex business transactions (interest accruals/deferrals, amortization, price/rate valuation, corporate actions, exercising rights, securities account transfers) were executed within the period for which you want to reset the period-end closing. In this case, you first reset the period-end closing up to the key date of the complex business transaction, and then reverse the complex business transaction. This enables you reset the period-end closing up to the required key date.
Features
Selection
General Selections | |
Company code |
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ID number |
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Securities account |
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Reset parameters | |
Key date for reset |
The key date marks the period for which you want to reset the period-end closing. |
Add securities accounts to groups |
You can only use this function for complete securities account groups for each security ID number. If you set this indicator, the system automatically adds the missing securities accounts from the relevant securities account groups to the securities accounts selected. The system does not carry out this function if you do not select this indicator, and if you do not select all the securities accounts for a securities account group. |
Posting control | |
Posting date |
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Posting period |
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Document date |
The document date is a required entry. The current date is entered as a default. |
CFM reversal reason |
You can enter the CFM reversal reason if you wish. |
FI reversal reason |
You must enter the FI reversal reason. |
Test run |
You can simulate the reset function for the period-end closing. The system does not actually post any flows in the test run. However, it lists flows created by the reset function. The test run indicator is set as a default. Deselect the indicator to perform an update run for the period-end closing. |
Reversal only in CFM |
This indicator ensures that you only reverse the postings in Treasury and not the postings that belong to the business transaction in Financial Accounting. Only use this function if you need to reverse a posting in CFM separately from the one in Financial Accounting, for example, because the document in FI has already been reversed. |
Activities
To go to the function for resetting the period-end closing, choose Securities ® Accounting ® Operative Valuation Area ® Period-End Closing ® Reset.