Answer Posted / shwetafico

1 month is treated as 1 Posting Period and so we have 12 Posting Periods i.,e, Normal periods, There are 4 other Posting Periods in SAP system i.,e, Special periods...Special Periods are used for the situation where you have some transactions to be posted even after all the 12 posting periods are closed. SAP system does not allow you to open the posting periods ( 1 - 12 )once 12th posting period is closed. So, special periods are required if there are any pending transactions even after 12th posting period. 
1st Special Period is treated as 13th Posting Period
2nd Special Period = 14th Posting Period
3rd S P            = 15th P P
4th S P            = 16th P P.....
1st SP is used by the employees / end users for pending transactions.
2nd SP is used by Auditors
3rd SP is used for pending invoices after Auditing that is by Directors
4th SP is used Judicial transactions / Pending Disputes that is Legal Transactions (like ESI, PF, etc).

Define relationship between controlling area and company code?

993

---

I'm facing a problem while posting a transaction, the errors showing "withholding tax amount exceed the total line item." I know the anmount calculated is more than the Base amount itself. But as i'm not a FI candidate, I want to know from where I have to change so that I can do the transaction, condition is that I cannot change any rate and code of ewt tax. Pls. help me out, it's urgent.

1841

---

What is an allocation structure? : co- cost center accounting

1099

---

Differentiate between chart of account and operation chart of account

1190

---

What happen if company were Implemented only FICO module and what is the disadantages?

2182

---

You want to run a payment run. Which dates would you take into consideration?

1024

---

Explain intercompany postings? : fi- general ledger master data

1121

---

What is an internal calculation key? : fi- asset accounting

1129

---

Define cost center accounting (co-om-cca)? : co- cost center accounting

1077

---

explain automatic payment program? : fi- accounts payable

1024

---

hi this is ganesh i am having experiance in finanace ,my graduation -B.COM+ONE year excutive MBA i am looking coaching for SAP(FICO) from realtime experiance person from BANGLORE --if any body is their please mail me -to---ganesh.isbm@gmail.com Thanking you Regards Ganesh

1775

---

Where do you attach the check payment form?

1159

---

What is the use of value field in the co-pa module? : cost center accounting

1038

---

Please what do you think i have done wrong when i receive a'No form could be determined in the interest calculation form table for the following arguments' after executing in F.26(Customer Interest Scale) calculating interest.

1953

---

What is the relation between a controlling area and a company code?

1105

---