why it is not able to post to a customer a/c in a previously closed'period'?

Answer Posted / shweta

once closed period open we can post the transaction in
pervious period. but it is not suggestible because after
closing of period all respective accounts i.e. Sales,Bank
and party reconciled/exchange fluctuation etc. and C/F to
the new period as opening balance as per standard
business/account practice. If we will post the transaction
forcible balance will mismatch of resepetive books.

specially in case of closing of period we have to take
extra care of sales and bank accounts.

Do correct me if I m wrong.

Is This Answer Correct ?    5 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Outline vendor payments in the sap system? : fi- accounts payable

738


What happens in an actual costing run?

785


Describe a purchase cycle? : fi- accounts payable

799


What are all the major components of a chart of accounts?

736


Name some settlement receivers for co internal orders? : co-pa

789






Why does the system not calculate variance for the 500 kgs which has been delivered?

709


What is line item display? : fi- general ledger accounting

796


Explain the value of creating a cost center?

734


What is a “characteristic field” in the co-pa module?

744


Can posting period variant be assigned to more than 1 company code?

834


diff types of fi and co quations pls tell me

1832


For a company code how many currencies can be configured?

774


What is chart of depreciation ? : fi- asset accounting

729


What is budgeting? : co- cost center accounting

725


Explain automatic account assignment in sd? : fi- accounts receivable

754