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Tasks to be completed when documenting an operation (from creation to publication)

1. Enter the Title of the operation / page

2. Add the following Labels :

- Scope of applicability: ww, country_accounting

- Country or group of countries (if applicable): belux, china, france, italy, lam, nam, uk_ie, bulgaria, dach, netherlands, iberia, poland, latvia, australia, india, japan, south_korea, thailand, singapore, new_zealand, emea_transversal, apac_transversal

Unit and Domain according to the List of labels to be used in the Finance Service Line space

E.g. 1: WW Operation in Financial Accounting under domain "Central Finance Processes & Compliance":
Labels to be used: ww, financial_accounting, central_fin_proc_compliance

E.g. 2: France Operation in Financial Accounting:

Labels to be used: country_accounting, france, financial_accounting
(for country operations, the Domain is always country_accounting)

3. Fill in all fields as described above

4. Name the title of each section using OPD methodology naming convention - Infinitive verb without the “to”, mainly action verb...something) - " I do something..."

5. Once the description of the operation is completed, ensure it is approved and published by launching the SBS-Finance approval workflow

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Domain: Costing

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Responsibility area: Supervise Inventory Valuation

1. Objective and Scope

1.1. Objective of this Operation

The purpose of this document is to explain how the Inventory Revaluation Reverse program will work for December closing closing.

(please check if the information until section 1.2. is in the right place)

December Closing:

As a regular rule, the ZWFA100A transaction is executed monthly.

At the end of the year, however, standard cost is impacted not only by master data changes, but also by the changes in fixed cost / depreciation activity type price for the New Year (updating of expenses in cost centers and their production capacity). These These changes are year specific.

Although, the program will run as usual at December closing but the postings performed will be different from a regular month:

Only the the amounts related to VC (Variable Cost) Inventory Reval will be reversed in January P&L and backposted back posted to December (D50 in KE30).

The Reval of FC (Fixed Cost) and Dep (Depreciation) should remain in January (E50 and F50 in KE30).

1.2. Scope

(to complete)This procedure is applicable to all WP2 companies.

Warning
This Procedure is not applicable to WP1 WP2 companies using Material Ledger (Brazilian and Korean companies).

2. Definitions

See Finance - Glossary:

WP1

3. Tasks description

3.1. Periodicity

December closing D2.

3.2. I run the inventory valuation reverse in test mode

(Please confirm if the steps below extracted from ZWFA100A - Processing Stock revaluation reverse - December closing) are updated (the information is different from the "old" template: SBS-OP-02-105). - (In case of update, please modify the SAP Transaction - 1st link).

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title	I run the inventory valuation reverse in test mode

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title	Step 1

Start the transaction ZWFA100A

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Inventory valuation reverse: initial screen

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The transaction can be launched in test as many times as required, to check the proposal before actual processing.

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title	Step 2

You can look for an existing variant by clicking on Image Added

Select the variant and Image Added

Enter the period to be reversed: When you enter 01/2016, the revaluation of stock on 01.01.2016 will be reversed & posted on 31.12.2015.

Execute Image Added

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title	STEP 3

The inventory valuation reverse is displayed.

Extract the report and perform the totals by VC/CP, FC/CNP and DEP/AMO.

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Remember that only the amounts of VC will be posted in December (D50).

If it is confirmed that the sum of VC of the excel file retrieved is equal to the amount proposed for the posting, the transaction ZWFA100A can be executed in real mode.

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3.3. I control the result of the calculation (Once the transaction ZWFA100A is executed in real mode)

ZWFA100A - Processing Stock revaluation reverse - December closingZWFA100A - Processing Stock revaluation reverse - December closing3.3.

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title

I control the result of the calculation (Once the transaction ZWFA100A is executed in real mode)

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(do we need to create a SAP Transaction page with information regarding KE30?)

------ To be confirmed

(create a "new" task in OPD?)

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title	STEP 1

Start the transaction KE30 (make sure you are in the right controlling area) and select the report Image Added

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Run Profitability Report: initial screen

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title	STEP 2

Enter

Reporting Currency = 10
Fiscal year (year that we are closing - 2015 for example)
Company Code
Select "Classic drilldown report"

Execute Image Added

If you have a warning message, click Image Added

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title	STEP 3

Check the amount in the value field D50 in December, that should be the same as the result of the transaction ZWFA100A.

REMARK: Enter in the line items of the value field "D50" and make the sum or filter by the date of the posting in column "Created on".

You will find the amount on the date that you perform the posting (entry date in the system).

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title	STEP 4

Enter

Reporting Currency = 10
Fiscal year (following year - 2016 for example)
Company Code
Select "Classic drilldown report"

Execute Image Added

If you have a warning message, click Image Added

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title	STEP 5

Check the amounts in the following value fields in January, that should be the same as the results of the transaction ZWFA100A.

D52 -> Shows the reverse of Total costs (VC + FC + DEP)
D50 -> Shows the Total costs (VC + FC + DEP)
E50 -> Shows the FC
F50 -> Shows the DEP

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Warning

title	In case of system is not working properly

The next section will explain how to to run and post Inventory valuation reverse, in case of the system is not working properly (fails).

End of document.

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Key

Tasks to be completed when documenting an operation (from creation to publication)

1. Enter the Title of the operation / page

2. Add the following Labels :

Scope of applicability: ww, country_accounting

Country or group of countries (if applicable): belux, china, france, italy, lam, nam, uk_ie, bulgaria, dach, netherlands, iberia, poland, latvia, australia, india, japan, south_korea, thailand, singapore, new_zealand, emea_transversal, apac_transversal

Unit and Domain according to the List of labels to be used in the Finance Service Line space

3. Fill in all fields as described above

4. Name the title of each section using OPD methodology naming convention - Infinitive verb without the “to”, mainly action verb...something) - " I do something..."

5. Once the description of the operation is completed, ensure it is approved and published by launching the SBS-Finance approval workflow

Table of contents

Scope

ERP

Frequency

References

Forms

1. Objective and Scope

1.1. Objective of this Operation

1.2. Scope

2. Definitions

3. Tasks description

3.1. Periodicity

3.2. I run the inventory valuation reverse in test mode

3.3. I control the result of the calculation (Once the transaction ZWFA100A is executed in real mode)

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Versions Compared

Old Version 2

New Version Current

Key

Tasks to be completed when documenting an operation (from creation to publication)

1. Enter the Title of the operation / page

2. Add the following Labels :

Scope of applicability: ww, country_accounting

Country or group of countries (if applicable): belux, china, france, italy, lam, nam, uk_ie, bulgaria, dach, netherlands, iberia, poland, latvia, australia, india, japan, south_korea, thailand, singapore, new_zealand, emea_transversal, apac_transversal

Unit and Domain according to the List of labels to be used in the Finance Service Line space

3. Fill in all fields as described above

4. Name the title of each section using OPD methodology naming convention - Infinitive verb without the “to”, mainly action verb...something) - " I do something..."

5. Once the description of the operation is completed, ensure it is approved and published by launching the SBS-Finance approval workflow

Table of contents

Scope

ERP

Frequency

References

Forms

1. Objective and Scope

1.1. Objective of this Operation

1.2. Scope

2. Definitions

3. Tasks description

3.1. Periodicity

3.2. I run the inventory valuation reverse in test mode

3.3. I control the result of the calculation (Once the transaction ZWFA100A is executed in real mode)