How many Normal and Special periods will be there in fiscal
year, why do u use special periods?
Answers were Sorted based on User's Feedback
Answer / vijay. kalla
Every fiscal year having 12 normal periods and 4 special
periods......
special periods are used to year end adjustment purpose for
closed fiscal year.
ex ; Audit purpose, tax adjustments and others.
Is This Answer Correct ? | 28 Yes | 1 No |
Answer / r.s.raju
12 normal periods.
4 special periods which can used for posting tax and audit
adjustments to a closed fiscal year.
Is This Answer Correct ? | 14 Yes | 0 No |
Answer / nalamada
You can define 12 normal periods and 4 special periods.
However with one normal period also you can post FI
documents.
Special periods are used to continue the noramal operations
in new fiscal year withhout disruption due to accounts
finalization process.
Is This Answer Correct ? | 9 Yes | 0 No |
Answer / vinod pasupu reddy
We have normal period 12 and spl period 4
Is This Answer Correct ? | 4 Yes | 0 No |
when asset settlement through cost center is raised?
what is documentation in SAP FI? and what is reporting in SAP FI?
What are adjustment postings and its use? Give t.codes and paths if possible?
What are one-time vendors?
What are the different types of data in sap system? : cost center accounting
State the purpose of defining posting keys?
is there any alternate way for Field status Group.where we can suppress,optional and require entries can be done
what is a cenvat? can u explain abt it?
what is lot numbers in automatic payment? How to make it?
In accounts receivable, what’s the difference between the ‘residual payment’ and ‘part payment’ methods of allocating cash?
What is the use of document reversal in sap system? : cost center accounting
In vendor Invoice posting will be done by the MM people by using MIRO T.code than what about f-43... What is the difference between these two T.Codes? In real time Which T-code will be used?