Answer Posted / senthilnathan
Normally, A fiscal Year contains 12 Posting periods, May be
a Calendar year ( Jan - dec)or a financial year (Apr - Mar),
And if Your company set up is Less than that of 12 posting
periods, for eg: U R starting a company in the middle of
the Financial year (Probably on July), then You have to
calculate your periods as 9 excluding Apr, may, jun.This is
Called as Short end period.
Generally, less than that of 12 periods is called as short
end period Postings.........
| Is This Answer Correct ? | 17 Yes | 1 No |
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