SAP SD Month End Closing

Month End Closing is the first litmus test of successful Go Live in an SAP Project. Most modules and especially SD, MM and FI are involved in this intense practice as the figures in the reports should be reconciled to give an accurate picture of results. After one month of post implementation support , when the month ends a certain date is announced by the client as per their business practice to reconcile figures in Sales and FI , for example and the SAP SD month end closing activities start in full swing. Subject to the business practices of the SAP Customer, the following steps are recommended as SAP SD month-end closing Activities:

 

1)    All those deliveries for which Goods Issues has been posted should be invoiced.

 

2)    Use SAP Solution of Billing Due List (Transaction code: VF04) to display all the outbound deliveries for which PGI has been done but Billing is pending.

3)    All Credit Memos (Return Billing Documents) should be created w.r.t Return Orders.

4)    Warehouse Personnel should confirm Picking for Open Deliveries.

5)    The Open deliveries, for which Stock was allocated but by mistake Stock transfer has been done, should be reversed so that PGI can be done for those open deliveries. Note that the reversal of Stock transfers should be done by MM.

6)    Deliveries should be created for Open Orders.

7)    SD-FI reconciliation should be performed by comparing SIS and FIS figures.