Answer / visalatchi.e

There are 12 normal periods and 4 special periods. The
Statutory audit of any company or firm will start after the
12th month. The accounts people will not be in a position
to post all the provisional entry on the end of the day of
that particular financial year to close the books of
accounts. This special period is used to post those kind of
provisional entries and if there any other missed out
entries.

Answer / chandan

Total Noraml Periods = 12 (Max.)
Special Periods = 4 (Max.)

Special periods use for closing activity becuase of in end
of month or year lots entry will passed for accural,
provision, deprecation etc.

If i am worng so please correct me

Thanking

Answer / rakesh chauhan

12 Normal period and
4 Special Period Are there.

4 Special period is use for end of the Fiscal year. some
left entry are posting here and after Reconcilation and
Odit. Some entry are left those entry also posting here. So
that We can use 4 special period.

what is change control in sap

1 Answers  

---

what is park document?difference beween park document and hold document?

2 Answers  

---

Can any 1 explain me in detail about What is "VOID REASON CODES" in SAP

3 Answers  

---

what is child order

1 Answers  

---

I had posted a down payment to a vendor. In addition to that i had posted the invoice to the same vendor.When i run the F110 to make the payment, I want the functionality to adjust the down payment with the invoice & to pay the balance amount. I don't want to do the down payment clearing manually in F- 54. the down payment should be done in the F110 itslef. Is it possible?. If yes what is the configuration related to this.

1 Answers   TCS,

---

What are the steps to be taken before you execute an actual costing run?

1 Answers  

---

What are Data Medium Exchanges for making payments? What are its advantages? How do you configure them?

0 Answers  

---

What items are required in a financial statement version? : fi- general ledger accounting

1 Answers  

---

why do we giwe different posting keas for different transactions ?

5 Answers  

---

What are all the prerequisites for posting in a foreign currency?

1 Answers  

---

Is linux supported as a frontend platform?

1 Answers  

---

What is the use of account receivables in fi?

1 Answers  

---