How many Normal and Special periods will be there in fiscal
year, why do u use special periods?
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Answer Posted / chandan
Total Noraml Periods = 12 (Max.)
Special Periods = 4 (Max.)
Special periods use for closing activity becuase of in end
of month or year lots entry will passed for accural,
provision, deprecation etc.
If i am worng so please correct me
Thanking
| Is This Answer Correct ? | 8 Yes | 5 No |
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