Explain fiscal year variant Vs posting period variant

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Explain fiscal year variant Vs posting period variant ..

Answer / deepak

FYV contain information about number of normal posting periods , number of special posting periods and how the system determines the posting periods when posting

PPV use for managing opening and closing of posting period of several CoCds at a time. First you define PPV and assign variants to CoCds

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Explain fiscal year variant Vs posting period variant ..

Answer / sreenivas reddy.pallem

Fiscal Year varient means Every company follow accouting Year,It normally spreads over 12 months we called this in sap as fiscal year varient , in this we have 12 normal periods and 4 special periods for adjusting purpose.and this fiscal year need to assign company code (ob37). PPV means it is 4 characters of alpha numeric key it controls the periods, i.e which period needs to be open and close , we can do this by using T-CODE OB52.

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