Academy · Finance · 300 Professional
Period-End and Year-End Closing in Finance
Covers the finance close in SAP S/4HANA: posting periods, accruals and deferrals, foreign currency valuation, GR/IR analysis, regrouping of receivables and payables, balance carryforward and closing task management. Ends with a close test plan: a dry-run close in a test client, reconciled and evidenced task by task.
- 44 minutes
- 6 lessons + quiz
- Finance Practitioner, Key User, Process Owner
What you’ll be able to do
- Sequence period-end tasks with dependencies
- Run foreign currency valuation and interpret results
- Analyze and clear GR/IR and regroup receivables and payables
- Post accruals and deferrals
- Run balance carryforward
- Test the close with a dry run and reconciliations
Sources and further reading
- Managing Technical Steps During the Period-End Closing Activities · SAP Learning
- Regrouping Receivables and Payables · SAP Learning
- Accruals Management - Manual Accruals · SAP Learning
- Accruals Management - Purchase Order Accruals · SAP Learning
- Using Fiori Apps for GR/IR Reconciliation · SAP Learning
- Managing the Financial Closing Cockpit · SAP Learning
- Managing the Foreign Currency Valuation · SAP Learning
- GR/IR Analysis in SAP S/4HANA Finance · SAP PRESS