Explain fiscal year variant Vs posting period variant
Answer Posted / sreenivas reddy.pallem
Fiscal Year varient means Every company follow accouting Year,It normally spreads over 12 months we called this in sap as fiscal year varient , in this we have 12 normal periods and 4 special periods for adjusting purpose.and this fiscal year need to assign company code (ob37). PPV means it is 4 characters of alpha numeric key it controls the periods, i.e which period needs to be open and close , we can do this by using T-CODE OB52.
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
The function code at presently active is determined by what variable?
What is a financial statement version?
What are the common reasons for errors in accounting and what impact do they actually have on the organization?
What is the importance of gr/ir ( good received/ invoice received) clearing account?
How many chart accounts can be assinged to a company?
We always copy company code or we can create manually also? If possible give reasons also.
What are characteristics and value fields?
How does sap go about costing a product having multiple bill of materials within it?
How do you perform period closing in sap? : fi- general ledger accounting
What are exchange rate "factors" ?
Explain dummy cost center
What exactly posting key is in fico and what is its significance?
Explain the use of financial general ledger accounting (fi-gl)?
What is Unit Testing & Integration Testing. Explain with example considering FICO module.
What is a “characteristic field” in the co-pa module?