Answer / madhulika

15 JAN...
MACHINERY A/C...DR.
TO VENDOR OR BANK OR CASH A/C

30 JUN...
LOSS BY FIRE A/C...DR.
TO MACHINERY A/C

31 DEC...
BANK A/C...DR.
TO INSURANCE PREMIUM A/C

fiscal year variant Vs posting period variant

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Fiscal year variant F1 has 6 posting periods and fiscal year variant F2 has 4 posting periods. The posting have different start and ending dates.assign posting period variant F1 is assigned to leading ledger (0L) and F2 is assigned to the non-leading ledger(N1). You get an error message when making a posting in the non-leading ledger.?( any 1 answer) • The posting period variant of the non-leading ledger and the leading are different • The fiscal year variant of the non-leading ledger and the leading ledger are different • The posting is being made in a special period, but both variants are examples of a shortened fiscal year • The posting period for the non leading ledger group”N1” is closed

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Expand Q R

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