As required FI u2013 AA Closing check list to ensure nothing is left 1) Depreciation Run posting (AFAB) is completed for the

period. ( verify depreciation balances with GL for asset u2013 test check) 2) Complete settlement from ZCAP Internal Orders to Asset if pending. 3) Capitalize AuC to Asset if required. 4)Retirement of Asset is done e.g. where Asset is required to be transferred to demerged Starch Division. 5) Posting period for new FY is open for Account type Asset in OB52 6) Year end closing for FI u2013 AA , t code AJAB. 7) Open new FY or Asset Accounting FY change , t code AJRW. FI CO closing activities : FI u2013 GL 1) Post Journals for Provisions/ Accruals/deferrals 2) Execute Recurring Entries F.14 3) Post Parked Documents FBV0 4) Complete Invoicing at cut off point, no SO is pending 5) Complete GR , IR/IV for the period 6) Regrouping (F.19) and Clearing GRIR account (Automatic clearing F.13) 7) Valuate the foreign currency for the open items F.05, FAGL_FC_VAL 8) Clear open items in Bank GLs 9) Complete Bank Reconciliation 10) Clear open Items Cash Allocation (AR), Outgoing payment (AP) 11) Carry forward receivables / payables F.07 12) Balances Carry forward FAGLGVTR 13) Open / Close posting periods OB52 14) MM period close and open - MMPV Internal Orders : 1) Complete Settlement of pending IO balances 2) Carry Forward Budget u2013 KOCO 3) Carry forward Commitments - KOCF

Cost Center : 1) Run Assessment and Distribution Cycles if pending 2) Repost to correct CO Doc if incorrectly posted 3) Carry forward Commitments u2013 KSCF Product Costing 1) Maintain Activity Prices u2013 KP26 2) Release of standard cost estimate u2013 CK40N 3) Run variance calculation in Product Costing Month End Closing Process 1) First MMPV MM people has to close the period and has to check in OMSY TCODE whether next period is open or not. 2) Dep Run has to be performed for the assets thru AFAB TCODE. 3) Foreign Curency valuation has to be performed for all the three openitems(ie..,GL,Vendor,Customer). 5) Any Recurring entries are there that entries also to be posted . 6) Month end utilisation has to be performed for utilsing the cenvat credit thru J2IUN Tcode 7) TDS has to be paid for that month thru J1INMIS. 8) IN OB52-Open Close Posting Periods new period has to be opened and old period has to be closed. Year End All the above process in addition to that balance transffers are also there. 1) AJAB- Closing of the old fiscal year for assets 2) AJRW- Asset Fiscal Year Change 3) F.07- Carryforwad Recievables and Payables 4) F.16- Carryforward GL Balances