in our sap 4 special period is avaible,(it is used by the
repoting purpose), but this 4 special period posting for
the MM ENTIRES, CAN YOU TEL ME GOOD exp
Answers were Sorted based on User's Feedback
Answer / pratik pandey
There is no such posting which happens in MM during special
periods.Special periods are used only for FI module.Special
periods are used for tax posting,audit adjustment,closing
entries,provisions which happens in quarter yend or year
end.
Is This Answer Correct ? | 32 Yes | 0 No |
Answer / ashok kumar
There are 4 special periods for posting entries for last fiscal year to close the prepare the trail balance.
Is This Answer Correct ? | 1 Yes | 1 No |
Answer / nag
Hi All
4 Special periods are part of 12th period only , these are used for Posting of Audit Adjustments , Rectifications , Tax , Provisions , Management , Year end etc.,
Is This Answer Correct ? | 0 Yes | 0 No |
Answer / kishore
special posting periods means actually year means 12 months
+ additionally we will take the 4 months for doing any
adjustments in the gl account or any thing. Only for
adjustment of the values we will define the special periods
it is only in FI ok.
Is This Answer Correct ? | 5 Yes | 6 No |
Answer / sreekanth vennapusa
hi...
special periods are makes only tax and audit
purpose of reporting.
thank you.
Is This Answer Correct ? | 0 Yes | 2 No |
Answer / arvind
4 special periods are meant for 4 quarters of Year. Each special period is to be used for one quarter. It should be used for entries done for taxation purpose or after Audit is complete, so that entries could be easily identified.
Is This Answer Correct ? | 0 Yes | 2 No |
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