In SAP FI, month-end closing involves activities in posting a closing period. You can carry out the following activities as a part of month-end closing −
- Open and close posting periods.
- You close one or more posting periods in the past for posting, and permit posting to be made to one or more current or future posting periods.
Use the T-code F.05 or FAGL_FC_VAL for new G/L accounts.
It will open a new window wherein you need to enter the following details −
- Company Code for which Foreign Currency Valuation is to be carried out.
- Evaluation Key Date.
- Valuation Method for Exchange Rate Consideration.
- Valuation in Currency Type.
You can filter out Valuation activity by entering the appropriate parameters in the Tab Screens.
Click the Execute button . It will open a list of all G/L accounts selected for foreign currency valuation.