Month End Closing tasklist

Header S/Head Tasks Sub

Step

Transaction Code

0 Conduct review to identify errors, omissions in postings and transactions

Cost s Centre reports Review report Internal Order reports Project reports Plant maintenance reports Financial Statement Versions Trial Balance Reverse, repost, correct, post errors and omissions

1 Reconcile HR postings PC00_M99_CIPE and PCPO 2 Trial Project and Order Settlement
a) b) c) d) e) f) g) a) b) c) d) e) f) List projects without settlement rules Update settlement rules for WBS Elements Confirmation With Actual Cost Error PostProcess Confirmations Test Settle all PS Projects Identify and correct Errors Non Assigned Measures KOSRLIST_PR CJ20N COFC CN30 - Report CJ8G Manual IMR8

3 Preparation of PP/QM Closing

CORK Complete all Order confirmations (posting date= last day of previous month) MB52, CORK Review negative stock of packaging products, correct by making additional confirmations COGI Review and correct failed goods movements MB52 Review negative stocks of packaging materials in production storage locations Transfer Negative Stock from Stores to Production Storage Locations Correct negative stocks in Stores locations

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Month End Closing tasklist

Header S/Head Tasks Sub

Step

Transaction Code "MANUAL" F.81

4 Send out message Regarding Close of A/R and A/P 5 Ensure Previous Months Accruals Reversed
- if not, revese with transaction F.81

6 Preparation of AP Closing
a) Booking all Vendor invoices b) Clearing open items c) Maintain GR/IR clearing MIRO, FB60 F.13 MR11, & MR11SHOW

7 Review Billing documents not posted to FI and documents on Billing block 8 Bank Closing
a) Enter closing Bank Statements (Manual Bank Statement Entry)

VF04 & VFX3

FF67, SM35 CAT5 CJ8G Manual CJ8G AFAB

S_ALR_87003642

9 Settlement of Expense Projects To Cost Center

a) b) c) c) Transfer of Time to PS Run Test run for Expense Project Settlement Identify and Correct errors in the Test Run Settlement of Expense Projects To Cost Center

10 Asset Closing
a) Asset Depreciation run AFAB b) Run Parallel posting - ASKB c) Fixed asset posting period will be closed

11 Currency exchange rates table to be updated for the first day rate of the next month 12 PP/QM Final Closing
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TBEX

134959921.xls.ms_office

Month End Closing tasklist

Header S/Head Tasks Sub

Step

Transaction Code FF67 Manual FBCJ, FCH5 F-28

S_ALR_87003642

13 AP / AR Final Closing
a) Upload Bank Statement b) Reconcile bank accounts c) All Cash Journals and issued checks should be processed (under GL Document Entry, & AR Environment Check Information Create.) d) Clear all incoming payments in Accounts Receivable e) Close AP/AR Posting Period f) Regroup GR/IR g) Regrouping AP and AR

F.19 F101 F.05 F.05 SM35 FB50 KB31N

14 Accruals and Deferrals

a) b) c) d) Foreign currency revaluation of AR open items Foreign currency revaluation of AP open items Run Batch Session Prepare and post accruals for closing provisions

15 Enter Statistical Key figures 16 Settlement of Internal orders Settlement

a. Actual Settlement of internal order

KO8G

b. Actual settlement of PM order KO8G a. Run Internal Order report to ensure all orders have NIL Balance (Month and YTD) b. If Orders have balance check Settlement Rule for PER and FUL rules. Add FULif required c. Re-run Settlement KO8G

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Month End Closing tasklist

Header S/Head Tasks Sub

Step

Transaction Code d. Run Internal Order report to ensure all orders have NIL Balance (Month and YTD)

17 CO Allocation Cycles 18 PM Order Settlement 19 Execute Splitting for Utilities cost center 20 Calculate Actual Activity prices for the following cost centers:
Cost center groups Print report before execution actual price of production hours Cost center groups Production Utilites Quality Assurance Production. Planning Packaging Operations Product Handling and Storage

KSS2 KSII

KSBT KSII KSII KSII KSII KSII KSII

21 COPA Actual Assessment 22 Close Product Costing

23 Open MM period for the next month for MM posting 24 Release of cost estimates for new materials created 25 Do Material Ledger closing for all Plants 26 Settlement of Capital Projects to AUC/ Asset 27 Balance Sheet Valuations
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MMPV

CKMLCP

134959921.xls.ms_office

Month End Closing tasklist

Header S/Head Tasks Sub

Step

Transaction Code KALC

28 Run Reconciliation Ledger by COMPANY CODE 29 GL Closing 30 Generate Month end Financial Reports S_ALR_87012249, S_ALR_87012284, KE30 EC-CS & PCA Ledger Update Statistical Key figures - PCA Check Dummy Profit Center Clearance Execute Company General Distribution cycle Transfer Payables/Receivables to PCA

31 32 33 34 35

9KE5 KE5Z 4KE5 1KEK

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