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



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

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 ?    18 Yes 1 No

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

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 ?    12 Yes 0 No

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

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




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

Answer / vinod pasupu reddy

We have normal period 12 and spl period 4

Is This Answer Correct ?    4 Yes 0 No

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

Answer / vijay

4

Is This Answer Correct ?    0 Yes 0 No

Post New Answer



More SAP FI CO Interview Questions

WHAT IS THE DIFFERENCE BETWEEN G001, G005 AND G067 FIELD STATUS GROUP ?

5 Answers   Genpact, Alok Industries,


why do we giwe different posting keas for different transactions ?

4 Answers  


What is meant by Short period Posting?

1 Answers   Cognizant,


Hi For what do we use this Define Max.Exchange Rate Difference? Can anybody explain me in detail.

2 Answers  


what is diff.between production by order and product cost collector?

0 Answers   Wipro,






What do you mean by cost carrier ?

1 Answers   Kaar Technologies,


In "TOLERANCE GROUP FOR EMPLOYEES" What r we doing, 1) Is it that we r giving TOLERANCE Limit for Customers/Vendors. OR 2) Is it that we r giving Limit for the EMPLOYEES. What r we doing.

6 Answers   L&T,


while running depreciation(TC:- AFAB) for first time (posting period 001) under test run system don't show any error and no document is pickup by the system. plz help me solve this problem

3 Answers   IBM,


Where is the Cost come from to CO-PA ?

0 Answers   Accenture,


How do you create tasks? What is the max number of tasks you created in your previous projects ?

0 Answers   IBM,


What is cross company code ?.

2 Answers   TCS,


CAN WE POST PARKED DOCUMENT IN SAP

5 Answers  






Categories