why are you assign for the company code to the ,fiscal varient, postnig period

why are you assign for the company code to the ,fiscal
varient, postnig period varient, field status varient, and
controlling area?what is reasions?

Question Posted / rddy786

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Keane India Ltd, I also Faced
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why are you assign for the company code to the ,fiscal varient, postnig period varient, field stat..

Answer / avsp dhurga

1. FISCAL YEAR : to post the document in the Financial Year.

2. POSTING PERIOD VARIANT : IN THE PRESCRIBED POSTING
PERIODS WE WILL ENTER THE DOCUMENTS.

3. FIELD STATUS VARIANT : BY USING THIS OPTION SYSTEM
DISPLAYS THE DOCUMENT IN WHAT WAY WE WANT.

4. CONTROLLING AREA : IT IS NOTHING BUT BY USING THIS WE
CAN PERFORMING THE INTERNAL AFFAIRS OF THE COMPANY CODE.
SAY FOR EX. DECISION MAKING AND COST COMPARISIONS OF THE
COMPANY CODES UNDER COMPANY OR WITHIN THE COMANY. SO WE
CAN ASSIGN CONTROLLING ONE CONTROLLING AREA TO MORE THAN
ONE COMPANY CODES.

BYE

WITH REGARDS

DHURGA

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why are you assign for the company code to the ,fiscal varient, postnig period varient, field stat..

Answer / suresh

1)assign fiscal year: we can know particalar year how much income genarate.
2)assign posting period: it is mainly used day to day activites of particular month.
3)assign fsv: it mainly for which input ready for paticular company
4)assign controlling area: which customer for particular company.

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