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Function documentation Opening New Fiscal Years Locate the document in its SAP Library structure

Use

The new fiscal year is automatically opened when you make your first posting in the new fiscal year or once the balance carried forward program has been run. You do not have to close the old fiscal year before you can post data in the new one. You therefore do not need to create closing or opening financial statements.

Prerequisites

The prerequisites for posting to a new fiscal year are as follows:

 

 

 

 

 

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