How to use FAGL_SLL_400_MCLOSE - Confirm Last Posting Period Closing

SAP Transaction Code - Details

• Transaction Code: FAGL_SLL_400_MCLOSE

  Description: Confirm Last Posting Period Closing

  Release: S/4HANA and ECC 6

• • Program: FAGL_SLL_CONFIRM_GEN

    Screen: 1000

    Authorization Object:

  • Development Package: FAGL_SWITCH_LEADING_LEDGER

    Package Description: Technical Changeover of Leading View in General Ledger (New)

    Parent Package: FINA_GL

  • Module/Component: FI-GL-FL

    Description: Flexible Structures

Smart SAP Assistant

• SAP Tcode: FAGL_SLL_400_MCLOSE - Confirm Last Posting Period Closing

  
  Overview:
  The SAP transaction code FAGL_SLL_400_MCLOSE is used to confirm the closing of the last posting period. This transaction code is part of the Financial Accounting (FI) module and is used to close the fiscal year in the General Ledger (G/L) account. 
  
  Functionality: 
  The FAGL_SLL_400_MCLOSE transaction code allows users to close the last posting period in the G/L account. This ensures that all postings for the fiscal year are complete and that no further postings can be made for that period. The transaction code also allows users to view a list of all open and closed posting periods, as well as any errors that may have occurred during the closing process. 
  
  Step-by-step How to Use: 
  1. Enter the transaction code FAGL_SLL_400_MCLOSE into the command field. 
  2. Select the fiscal year you wish to close from the drop-down menu. 
  3. Click “Execute” to confirm the closing of the last posting period. 
  4. Review any errors that may have occurred during the closing process and take appropriate action if necessary. 
  5. Click “Save” to save your changes and close the fiscal year in the G/L account. 
  
  Other Recommendations: 
  It is important to ensure that all postings for a given fiscal year are complete before attempting to close it using this transaction code. Additionally, it is recommended that users review any errors that may have occurred during the closing process and take appropriate action if necessary before saving their changes.