The following are the period end closing activities in Controlling:

1. Repost CO Documents that was incorrectly posted
2. Run Distribution or Assessment Cycles
3. Run the Overhead Calculation in Product Costing
4. Run the WIP Calculation in Product Costing
5. Run the Variance Calculation in Product Costing
6. Run the Settlement Calculation in Product Costing which will post all the
7. WIP and variance to Finance and PA.
8. Calculate FI Data for Transfer to Profit Center
9. Transfer Balance Sheet Items like Receivables, Payables, Assets and Stock
10. Run Results Analysis for Sales Order if applicable
11. Run Settlement of Sales Orders to PA.

If you like this post, you may as well like these too:

1. Period end closing in Controlling Period end closing in Controlling has always been a challenge. Variance calculation and its explanation has invariably sent shivers down the spine of all SAP consultants. WIP calculation too has...
2. Month End Closing Activities in FI Recurring Documents. Create Recurring documents Create Batch Input for Posting Recurring Documents Run the Batch Input Session Posting Accruals or Provisions entries at month end Managing the GR/IR Account-Run...
3. Posting to the Previous Period During the first period of the new fiscal year, postings can still be made to the last period of the previous year. Note that you must therefore close inventory adjustment...
4. SAP FI FAQs – Closing 1.    Discuss the monthly closing process in SAP. The only technical requirements of period-end closing are to close the current posting period and to open the new one.  Month-end reports...
5. Year End Closing – RFSUMB00 According to SAP the execution of the balance carry forward programs represents the closure of the year. The G/L balance carry forward program does not make any postings. It calculates...