How many Normal and Special periods will be there in fiscal year, why do u use

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How many Normal and Special periods will be there in fiscal
year, why do u use special periods?

Question Posted / natarajancj

6 Answers
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How many Normal and Special periods will be there in fiscal year, why do u use special periods?..

Answer / vijay. kalla

Every fiscal year having 12 normal periods and 4 special
periods......
special periods are used to year end adjustment purpose for
closed fiscal year.

ex ; Audit purpose, tax adjustments and others.

Is This Answer Correct ?

28 Yes

1 No

How many Normal and Special periods will be there in fiscal year, why do u use special periods?..

Answer / r.s.raju

12 normal periods.
4 special periods which can used for posting tax and audit
adjustments to a closed fiscal year.

Is This Answer Correct ?

14 Yes

0 No

How many Normal and Special periods will be there in fiscal year, why do u use special periods?..

Answer / nalamada

You can define 12 normal periods and 4 special periods.
However with one normal period also you can post FI
documents.

Special periods are used to continue the noramal operations
in new fiscal year withhout disruption due to accounts
finalization process.

Is This Answer Correct ?

9 Yes

0 No

How many Normal and Special periods will be there in fiscal year, why do u use special periods?..

Answer / vinod pasupu reddy

We have normal period 12 and spl period 4

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4 Yes

0 No

How many Normal and Special periods will be there in fiscal year, why do u use special periods?..

Answer / vijay

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0 Yes

0 No

How many Normal and Special periods will be there in fiscal year, why do u use special periods?..

Answer / am iyyappan

In fiscal year 12 normal periods and 4 special periods.
Special periods are using the following cases:
1. Audit purpose
2. Tax adjustment

Is This Answer Correct ?

0 Yes

0 No

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