year-end balance for BL accounts (PSM-FM)
Example: Funds Management (PSM-FM)
The reduction to zero of the account balance for a certain account
group at the end of a fiscal year. By doing so, the account balance
carried forward is "reset" to zero. Then only the line items and totals of the corresponding year are displayed.Creating
the year-end balance for BL accounts is one of the tasks of the year-end closing procedure.
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Source: https://help.sap.com/doc/saphelp_glossary/latest/en-US/11/89820435d0c64c95b3cea506e42b38/content.htm