Interested to Buy Any Domain ? << Click Here >> for more details...
what is the use of special periods. can any body explain
with examples i.e. by doc. posting with date and all header
data please?
- 1 Answers
- 4169 Views
- I also Faced
- E-Mail Answers
Answer Posted / narendra deshmukh
Special period is used for tax adjustment and for year end
audit adjustments.
For example, if after or during the audit, the auditors
determine that some material expense/revenue has been
accounted for incorrectly in the past, and adjustment or
reclassification may be necessary to retained earnings but
must be accounted for in the current year. A special period
(13) is reserved for such entries.
| Is This Answer Correct ? | 9 Yes | 0 No |
Post New Answer View All Answers
In sap fi what are the organizational elements?
What is a abap/4 module pool?
What is a release order? : fi- accounts payable
Does functional module level configuration come under workbench request or customizing request?
what is cmm level 5 company? like that cmm level 4, 3....
What are exchange rate "factors" ?
What do you mean by component scrap and how is it maintained in sap?
What do you mean by chart of accounts? What are its important elements?
What is the use of value field in the co-pa module? : cost center accounting
How does postings happen in mm during special periods?
Overview of G/L account :- Dear, what type of G/L account use in SAP.How to see all type of G/L account in sap those are used in a organization
How do you maintain the number range in production environment?
What is a cost center group?
What is archiving? How does it differ from deletion? : fi- general ledger master data
How many depreciation areas can be defined for a company code ? : fi- asset accounting
