Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...


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 / sridhar

We can have atmost 366 periods(if day is period) and 4
special periods only. Special periods are useful for the
adjustment postings during year end activities.

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 / manghai

Normal Period-Say your company follows Apr to March. So when u enter the invoice during Apr,it ll show period 1,May 2,June 3 & for Mar it ll show 12.And Special periods are for special purposes like adjustment postings.

Is This Answer Correct ?    0 Yes 0 No

how many normal and special periods will be there in fiscal year why do u use special periods...

Answer / shwetafico

1 month is treated as 1 Posting Period and so we have 12 Posting Periods i.,e, Normal periods, There are 4 other Posting Periods in SAP system i.,e, Special periods...Special Periods are used for the situation where you have some transactions to be posted even after all the 12 posting periods are closed. SAP system does not allow you to open the posting periods ( 1 - 12 )once 12th posting period is closed. So, special periods are required if there are any pending transactions even after 12th posting period. 
1st Special Period is treated as 13th Posting Period
2nd Special Period = 14th Posting Period
3rd S P            = 15th P P
4th S P            = 16th P P.....
1st SP is used by the employees / end users for pending transactions.
2nd SP is used by Auditors
3rd SP is used for pending invoices after Auditing that is by Directors
4th SP is used Judicial transactions / Pending Disputes that is Legal Transactions (like ESI, PF, etc).

Is This Answer Correct ?    0 Yes 0 No

Post New Answer

More SAP FI-CO (Financial Accounting & Controlling) Interview Questions

hi experts i have a questin please answer me :why we given x2 for sample document and also given x1 for recuring document,x for retained earnings please help me above faq

4 Answers   IBM,


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

5 Answers   Accenture,


6. Difference between controlling area currency & company code currency?

4 Answers   Accenture, Yash Technologies,


What variances do you come across in invoice verification? : fi- accounts payable

0 Answers  


hai bro's this is chary , I completed sap fico , I have 2+ experience in accounts deportment , even the every company also asking minimum 3+ exp candidates , so how to get the job please give the suggestion and also how to solve the tickets please give the information . this is my mail id (kkotilingachary023@gmail.com) please give the any information in this mail

1 Answers  


Someone kindly explain to me where can i set up in vendor master Cost Center / Business Center / Segments Optional, please help freind. i cant find out. i waiting for my sap group freinds valid responds

0 Answers  


I am pursuing SAP and I have only 3 months experience as an accountant. Please tell me what are the areas I need to prepare and is there any step by step procedure in learning both accounts and SAP, especially SAP.

3 Answers  


what is posting key and what does it control.

3 Answers  


What are Business Partner Conversions? How would you perform Business Partner Conversions and why are they necessary? Discuss Business partner conversions on the SAP Treasury side? Explain the scenario in detail?

0 Answers   IBM,


Dynamic and Static Postings, Differences

1 Answers  


What are the documents require for Born in sale in relation to sales tax?

1 Answers   ABB,


What is mySAP ERP. How is it different to SAP ERP.

1 Answers   Accenture,


Categories
  • SAP Basis Interview Questions SAP Basis (1262)
  • SAP ABAP Interview Questions SAP ABAP (3939)
  • SAPScript Interview Questions SAPScript (236)
  • SAP SD (Sales & Distribution) Interview Questions SAP SD (Sales & Distribution) (2717)
  • SAP MM (Material Management) Interview Questions SAP MM (Material Management) (912)
  • SAP QM (Quality Management) Interview Questions SAP QM (Quality Management) (99)
  • SAP PP (Production Planning) Interview Questions SAP PP (Production Planning) (523)
  • SAP PM (Plant Maintenance) Interview Questions SAP PM (Plant Maintenance) (252)
  • SAP PS (Project Systems) Interview Questions SAP PS (Project Systems) (138)
  • SAP FI-CO (Financial Accounting & Controlling) Interview Questions SAP FI-CO (Financial Accounting & Controlling) (2766)
  • SAP HR (Human Resource Management) Interview Questions SAP HR (Human Resource Management) (1180)
  • SAP CRM (Customer Relationship Management) Interview Questions SAP CRM (Customer Relationship Management) (432)
  • SAP SRM (Supplier Relationship Management) Interview Questions SAP SRM (Supplier Relationship Management) (132)
  • SAP APO (Advanced Planner Optimizer) Interview Questions SAP APO (Advanced Planner Optimizer) (92)
  • SAP BW (Business Warehouse) Interview Questions SAP BW (Business Warehouse) (896)
  • SAP Business Workflow Interview Questions SAP Business Workflow (72)
  • SAP Security Interview Questions SAP Security (597)
  • SAP Interfaces Interview Questions SAP Interfaces (74)
  • SAP Netweaver Interview Questions SAP Netweaver (282)
  • SAP ALE IDocs Interview Questions SAP ALE IDocs (163)
  • SAP Business One Interview Questions SAP Business One (110)
  • SAP BO BOBJ (Business Objects) Interview Questions SAP BO BOBJ (Business Objects) (388)
  • SAP CPS (Central Process Scheduling) Interview Questions SAP CPS (Central Process Scheduling) (14)
  • SAP GTS (Global Trade Services) Interview Questions SAP GTS (Global Trade Services) (21)
  • SAP Hybris Interview Questions SAP Hybris (132)
  • SAP HANA Interview Questions SAP HANA (700)
  • SAP PI (Process Integration) Interview Questions SAP PI (Process Integration) (113)
  • SAP PO (Process Orchestration) Interview Questions SAP PO (Process Orchestration) (25)
  • SAP BI (Business Intelligence) Interview Questions SAP BI (Business Intelligence) (174)
  • SAP BPC (Business Planning and Consolidation) Interview Questions SAP BPC (Business Planning and Consolidation) (38)
  • SAP BODS (Business Objects Data Services) Interview Questions SAP BODS (Business Objects Data Services) (49)
  • SAP BODI (Business Objects Data Integrator) Interview Questions SAP BODI (Business Objects Data Integrator) (26)
  • SAP Ariba Interview Questions SAP Ariba (9)
  • SAP Fiori Interview Questions SAP Fiori (45)
  • SAP EWM (Extended Warehouse Management) Interview Questions SAP EWM (Extended Warehouse Management) (58)
  • Sap R/3 Interview Questions Sap R/3 (150)
  • SAP FSCM Financial Supply Chain Management Interview Questions SAP FSCM Financial Supply Chain Management (101)
  • SAP WM (Warehouse Management) Interview Questions SAP WM (Warehouse Management) (31)
  • SAP GRC (Governance Risk and Compliance) Interview Questions SAP GRC (Governance Risk and Compliance) (64)
  • SAP MDM (Master Data Management) Interview Questions SAP MDM (Master Data Management) (0)
  • SAP MRS (Multi Resource Scheduling) Interview Questions SAP MRS (Multi Resource Scheduling) (0)
  • SAP ESS MSS (Employee Manager Self Service) Interview Questions SAP ESS MSS (Employee Manager Self Service) (13)
  • SAP CS (Customer Service) Interview Questions SAP CS (Customer Service) (0)
  • SAP TRM (Treasury and Risk Management) Interview Questions SAP TRM (Treasury and Risk Management) (0)
  • SAP Web Dynpro ABAP Interview Questions SAP Web Dynpro ABAP (198)
  • SAP IBP (Integrated Business Planning) Interview Questions SAP IBP (Integrated Business Planning) (0)
  • SAP OO-ABAP (Object Oriented ABAP) Interview Questions SAP OO-ABAP (Object Oriented ABAP) (70)
  • SAP S/4 HANA Finance (Simple Finance) Interview Questions SAP S/4 HANA Finance (Simple Finance) (143)
  • SAP FS-CD (Collections and Disbursements) Interview Questions SAP FS-CD (Collections and Disbursements) (0)
  • SAP PLM (Product Lifecycle Management) Interview Questions SAP PLM (Product Lifecycle Management) (0)
  • SAP SuccessFactors Interview Questions SAP SuccessFactors (33)
  • SAP Vistex Interview Questions SAP Vistex (0)
  • SAP ISR (IS Retail) Interview Questions SAP ISR (IS Retail) (28)
  • SAP IdM (Identity Management) Interview Questions SAP IdM (Identity Management) (0)
  • SAP IM (Investment Management) Interview Questions SAP IM (Investment Management) (0)
  • SAP UI5 Interview Questions SAP UI5 (59)
  • SAP SCM (Supply Chain Management) Interview Questions SAP SCM (Supply Chain Management) (51)
  • SAP XI (Exchange Infrastructure) Interview Questions SAP XI (Exchange Infrastructure) (49)
  • SAP Cloud Platform Interview Questions SAP Cloud Platform (34)
  • SAP Testing Interview Questions SAP Testing (89)
  • SAP SolMan (Solution Manager) Interview Questions SAP SolMan (Solution Manager) (63)
  • SAP MaxDB Interview Questions SAP MaxDB (116)
  • SAP GUI Interview Questions SAP GUI (15)
  • SAP AllOther Interview Questions SAP AllOther (329)