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    Document: Uses of Special Period in SAP PDF

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    swainsatyaranjan
    Special periods in SAP subdivide the last regular posting period to allow for closing operations and creating supplementary financial statements. Up to four special periods can be defined, and entries must be posted within the last regular period with the special period specified. Special periods are used for accruals, deferrals, audit adjustments, and other year-end closing activities.

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    Document: Uses of Special Period in SAP PDF

    Uploaded by

    swainsatyaranjan
    269 views9 pages
    Special periods in SAP subdivide the last regular posting period to allow for closing operations and creating supplementary financial statements. Up to four special periods can be defined, and entries must be posted within the last regular period with the special period specified. Special periods are used for accruals, deferrals, audit adjustments, and other year-end closing activities.

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    Special periods in SAP subdivide the last regular posting period to allow for closing operations and creating supplementary financial statements. Up to four special periods can be defined, and entries must be posted within the last regular period with the special period specified. Special periods are used for accruals, deferrals, audit adjustments, and other year-end closing activities.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    269 views9 pages

    Document: Uses of Special Period in SAP PDF

    Uploaded by

    swainsatyaranjan
    Special periods in SAP subdivide the last regular posting period to allow for closing operations and creating supplementary financial statements. Up to four special periods can be defined, and entries must be posted within the last regular period with the special period specified. Special periods are used for accruals, deferrals, audit adjustments, and other year-end closing activities.

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    1

    DOCUMENT – Uses of Special Period in SAP

    Special Periods
    Definition
    Special posting periods that subdivide the last regular posting
    period for closing operations.

    TAREK HOSSAIN CHOWDHURY ---------- SR. CONSULTNAT (SAP FICO)


    1
    EMAIL : TAREKHCHY@GMAIL.COM /// M +8801819210126
    2
    DOCUMENT – Uses of Special Period in SAP

    Use
    Irrespective of how you have defined your fiscal year, you can also
    use special periods. Special periods subdivide the year-end closing
    period. They therefore merely divide the last posting period into
    several closing periods. This enables you to create several
    supplementary financial statements.

    A fiscal year usually has 12 posting periods. In General Ledger


    Accounting, you can define up to four special periods.

    TAREK HOSSAIN CHOWDHURY ---------- SR. CONSULTNAT (SAP FICO)


    2
    EMAIL : TAREKHCHY@GMAIL.COM /// M +8801819210126
    3
    DOCUMENT – Uses of Special Period in SAP

    Note
    If you do not need 12 posting periods, you can use the posting
    periods that are not required as special periods. If you use these
    additional closing periods, you must specify the number you require
    in the field No. special periods. When defining the fiscal year
    variants. You cannot exceed a maximum of 16 periods.

    Integration
    When posting to special periods, you must take the following into
    consideration:

     The posting date must fall within the last regular posting period.
     You have to enter the special periods in the document header in
    the Period field, since the special periods cannot be determined
    automatically by the system.

    Reference
    https://help.sap.com/viewer/b73116e0bcf84e5b81eae44831723d6b/6.00.29/en-
    US/2252d7531a4d424de10000000a174cb4.html#:~:text=Irrespective%20of%20how%20yo
    u%20have,create%20several%20supplementary%20financial%20statements.

    >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
    TAREK HOSSAIN CHOWDHURY ---------- SR. CONSULTNAT (SAP FICO)
    3
    EMAIL : TAREKHCHY@GMAIL.COM /// M +8801819210126
    4
    DOCUMENT – Uses of Special Period in SAP

    Entry process >>>>

    Mainly 04 periods are used for below cases


    13 Accrual/Deferred
    14 General Share Holders
    15 Audit Adjustment
    16 Miscellaneous

    OR

    You can use this special period for creating


    several supplementary financial statements.

    Pre requisite for giving year end adjustment


    1) During posting time 12 period of fiscal year
    need to be open
    2) And also 04 special period of fiscal year
    need to be open for entry.

    TAREK HOSSAIN CHOWDHURY ---------- SR. CONSULTNAT (SAP FICO)


    4
    EMAIL : TAREKHCHY@GMAIL.COM /// M +8801819210126
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    DOCUMENT – Uses of Special Period in SAP

    3) Entry: T Code F-02

    4) Document date will be Audit Document


    date.

    5) Posting date will be last date of fiscal


    year.

    6) Create new document type ZU (Yearend


    adjustment) and select during posting.

    7) In Reference & Document header text


    input the summary text of audit
    adjustment.

    8) Report execute FAGLB03 - Display


    Balances

    TAREK HOSSAIN CHOWDHURY ---------- SR. CONSULTNAT (SAP FICO)


    5
    EMAIL : TAREKHCHY@GMAIL.COM /// M +8801819210126
    6
    DOCUMENT – Uses of Special Period in SAP

    Entry: T Code F-02

    TAREK HOSSAIN CHOWDHURY ---------- SR. CONSULTNAT (SAP FICO)


    6
    EMAIL : TAREKHCHY@GMAIL.COM /// M +8801819210126
    7
    DOCUMENT – Uses of Special Period in SAP

    Document 10026503 was posted in company code 1000

    Report execute: FAGLB03 - Display Balances

    TAREK HOSSAIN CHOWDHURY ---------- SR. CONSULTNAT (SAP FICO)


    7
    EMAIL : TAREKHCHY@GMAIL.COM /// M +8801819210126
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    DOCUMENT – Uses of Special Period in SAP

    End of Process

    TAREK HOSSAIN CHOWDHURY ---------- SR. CONSULTNAT (SAP FICO)


    8
    EMAIL : TAREKHCHY@GMAIL.COM /// M +8801819210126
    9
    DOCUMENT – Uses of Special Period in SAP

    Tarek Hossain Chowdhury


    Sr. Consultant SAP FICO, Bangladesh
    +8801819-210126 (M & WhatsApp)
    Email ID: tarekhchy@gmail.com
    Skype ID: tarekhchy
    Linkedin: https://www.linkedin.com/in/tarek-
    hossain-chowdhury-b192a341/

    TAREK HOSSAIN CHOWDHURY ---------- SR. CONSULTNAT (SAP FICO)


    9
    EMAIL : TAREKHCHY@GMAIL.COM /// M +8801819210126

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