How many Normal and Special periods will be there in fiscal
year, why do u use special periods?

Answer Posted / 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



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

In accounts receivable, what is the difference between the 'residual payment' and 'part payment' methods of allocating cash?

755


For what purposes internal orders can be used?

625


What are all the major components of a chart of accounts?

585


Explain managerial closing? : fi- general ledger

665


What is a po history? : fi- accounts payable

590






Bad Debts :- Friends, Kindly advice how do we configure Bad debts in FI

1511


What is an account group? : fi- general ledger master data

587


What are the common activities performed in month end closing in sap fi?

727


Explain the importance of asset classes. Give examples?

658


Can you attach a business area to a transaction?

653


What are characteristics values? : co-pa

628


what are prerequiations when asset master data uploaded in legacy system?

1007


What is a year-dependent fiscal year?

688


How do you configure manual bank statement?

614


Should secondary cost elements be maintained in the 3keh table?

637