Answer / omprakash

In SAP we have 12normal periods+4Special periods...
We can use these special periods as Optional. as year ending Adjustments Purpose.
1. we can get from 1 to 12 Accounts Dept. Profitability.
2. we can use 13th period as Management Adjustment entires/profitability.
3. we can use 14th period as tax adjustments purpose.
3. we can use 15th periods Auditors finalized entries/Profitability.
4. we can use 16th period as Auditors Rectification entries.
all 4 special periods are Optional and it will be Part of
12th Period only. Eg: accounting year is April to March so the special periods will Part of March only. but will define 13, 14, 15, 16 like. Genarally the companies use max one are two special periods.

Answer / geekfresher

One can open max 4 special periods in a fiscal year. The
special periods are used for tax, audits and accounting
adjustments

Answer / mayavi

In addition to 12 ordinary periods, there are 4 special
periods.
At a recent interview i was asked what the date of posting
for the 13th period would be.
Ans: 12th period.

Answer / suman das

in sap transaction in 12 period and 4 special period this
special period for tax and passes in audit adjustment entry

Answer / naresh4_v

Sap provied 4 special periods.special periods are used to
tax adjustment postings and auditing ending adjustments
posted.

What are the journal entries for accounting VAT in SAP

7 Answers   IBM,

---

What are the segments of the customer master record? : cost center accounting

0 Answers  

---

What is a company code and what are the basic organizational assignments to a company code?

0 Answers  

---

Where can I get the mysap business suite on linux?

0 Answers  

---

What is IBAN Number in SAP? What does it works?

5 Answers   Accenture,

---

---

What is park document and held document? (Differences)

10 Answers   Cap Gemini,

---

hi team can any one explain Account recivible cycle

4 Answers   IBM,

---

Is there a prerequisite for carry-forward activity?

0 Answers  

---

Service level agreement?

2 Answers   Tech Mahindra,

---

What is a cost center group?

0 Answers  

---

Account assignment category means. where do we come acros it. where we specify it.

4 Answers   Infosys,

---

What are the important global settings for a company code?

0 Answers  

---