Issue No.: 38
In AA the client has not closed the year 2005, and so 2006 cannot be closed. For 2005, there are errors and recalculations required for depreciation. However, if this is done, it will hit the FI and figures submitted for 2005will change in the SAP solution. From an audit perspective, this cannot be permitted. How can the user remedy this?
In AA the client has not closed the year 2005, and so 2006 cannot be closed. For 2005, there are errors and recalculations required for depreciation. However, if this is done, it will hit the FI and figures submitted for 2005will change in the SAP solution. From an audit perspective, this cannot be permitted. How can the user remedy this?
The corrections must be made to enable you to close FI-AA for 2005 and carry forward into 2006. If these corrections will significantly change your balance sheet, you can "neutralize" them by posting manual entries to bring your overall balance sheet back to what has already been reported, and then reverse these in 2006. And convince your auditor accordingly.
