Special psoting periods

HI
Guru's
Please suggest me about " Special posting periods'
when the Special posting periods will closed
Expecting ur Valuabkw answer with Good examples
with regards
Arun Kumar

Hi,
Special posting periods are that subdivide the last regular posting period for closing operations. 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.
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.
Rgds
Manish

Similar Messages

  • Special Posting Periods

    Hi,
    Pls. tell me abt. special posting periods, how to open and close special posting periods.
    Regards
    syed.

    Hi
    Special posting periods are used for adjustment postings after the year end.You can use T.code OB52 to open and close any posting periods in FI.
    For more details check out:
    http://help.sap.com/saphelp_47x200/helpdata/en/96/8b2fef43ce11d189ee0000e81ddfac/frameset.htm
    Assign points if helpful
    Regards
    Aravind

  • Special posting period

    Hi sap guru's,
    i have one doubt regarding posting period.
    when we define posting perod and there when we create open & close posting period , in there we have to maintain posting normal period as wel as special posting period for entering closing data for same fiscal year.
    if we going for V3 fiscal year variant and it is from april to march. so entry posted in the special period for rectification purpose.
    my problem is in special posting period from and to column.
    again i mention that my fiscal year variant is standart V3 i maintain period for yearly basis my normal posting period from i enterd 2008 and to period i enterd 2009.
    so what i maintain in special posting period from and to column means which year i maintain and why?
    <removed_by_moderator>
    regards,

    Please maintain like this:-
    From Period - 13 year 2007 To Period -16 Year 2007
    Or You can use 13 to 13,
    then 14 to 14
    then 15 to 15
    then  16 to 16
    The no of times you take P/L And B/S and you are posting in the above speacial period and make entries as per your Auditor's observation.
    Regards,
    Alok

  • Consolidation in special posting period

    Hi All,
    I am using the Fiscal year variant April to March with 4 special posting periods in ECC. I am using the same in BCS too.
    I am taking the data through LFDS with posting period move.
    I am using quarterly consolidation which is period 3, 6, 9 and 12. However I have balances appearing in special posting periods 13 - 16 in source cube. My first consolidation is happeing for period 12. 2008
    How do I take care of the transactions posted in Sepcial posting periods 13 - 16.
    1. Should I be running the COI in period 16 too. Should I be running it as subsequent consolidation or make period 16 itself as first consolidation.
    2. I am also thinking of making the changes in the source cube 0FIGL_C10 with an additional field called consolidation posting period and write a routine to update additional period field as 12 wherever the posting period is 13 to 16. Then extract the data into BCS for period 12 and have only consolidation frequency till period 12. Can I proceed with this approach ?
    Pl give a standard and correct approach to be followed in case of special posting periods considering all the above facts.
    Thanks in advance
    Srinivasan

    Hi Srinivasan,
    1. Should I be running the COI in period 16 too. Should I be running it as subsequent consolidation or make period 16 itself as first consolidation.
    - I don't think that you should.
    2. I am also thinking of making the changes in the source cube 0FIGL_C10 with an additional field called consolidation posting period and write a routine to update additional period field as 12 wherever the posting period is 13 to 16. Then extract the data into BCS for period 12 and have only consolidation frequency till period 12. Can I proceed with this approach
    - I like the idea.
    Pl give a standard and correct approach to be followed in case of special posting periods considering all the above facts.
    - Didn't see such written approaches and doubt that they exist.

  • Clearing through F.13 in special posting period 13

    Hi Gurus,
    I wanted to clear the transactions through F.13 with special posting period 13.  The message shows F502 : "Posting period 012 2008 is not open".
    Our Financial year is : 2008 ( April 2008 to March 2009)
    In OB52 We have closed the posting period for 2008 and open special posting period in the following manner
    0001 + 0000  zzzz 02 2009 02 2009 13 2008 16 2008.
    Still why the system is not accepting the special posting period 13 for the posting date 31.03.2009 (2008 fiscal year) in transaction code F.13
    Regards,
    Babjee

    Hi Anil,
    Thanks for your immediate response.
    System is not permitting the message to change from error to warning.  Reference message no: BF00400.
    Any other alternative solution please.
    Regards,
    Babjee

  • Asset Depreciation fun in special posting period

    Dear Gurus,
    Recently my Finance Manager decided to hv a cut-off date for all the FI transaction on 14-Dec-2007.
    These are the rules:
    1.) All the FI transaction < 14-Dec-2007 posted in period 12
    2.) All the FI transaction Between 15-Dec-2007 and 31-Dec2007 will be posted in special posting period 14.
    3.) All year-end adjustment will be carried out in posting period 16.
    My problems are:-
    1.) How can i proceed the Asset depreciation run for period 12 and special period 14.
    2.) How the system select or capture the asset doc? By posting date or by posting period?
    3.)If possible pls give some examples when we should use these options and what are the advantages?
       a.) Planned posting run.
       b.) Repeat
       c.) Restart
       d.) Unplanned posting run.
    Thanks.
    Lim J

    1.) How can i proceed the Asset depreciation run for period 12 and special period 14.
    Hi, First of all you need to understand the function of special period.  You need not to mention the spl period of depr. run.
    The system considers period 12 as usual.
    2.) How the system select or capture the asset doc? By posting date or by posting period?
    By posting date.
    3.)If possible pls give some examples when we should use these options and what are the advantages?
    a.) Planned posting run.
           When you run the depr. on regular peiod basis ie., one by one, U choose (a)
    d.) Unplanned posting run.
          When you want to calculate the depr. for some periods as a whole, U choose (d)
    b.) Repeat
         Suppose u ran the depr for Jan.  In Feb. you have capitalised an asset for Jan. So, U have to calculate depr for the new asset for jan.   U choose (b).
    c.) Restart
           When you are running depr. you might have face some uncontrollable problems like power off, server down etc.  In such instances, you choose (c).
    Get back to me. if you are not clear
    Regards ...............SK

  • Special postign periods

    Dear all
    If posting periods are APRIL TO MARCH 1 to 12
    and special periods are 13,14,15,16
    can any one explain about special periods with a simple example please?

    Hi
    Posting in special periods is required to post adjustment documents required to arrive a true and fair view of the profit of the company.  We can achieve this via postings in special periods. Ex : Posting of a document of salaries for the month of March paid on  April 1st.
    Cheers
    Srinivas

  • Asset DEPREICIATION IN SPECIAL POSTING PERIOD

    HI Gurus,
    Please give me an advice
    Do you have any idea why the depreciation is posted in period 13
    where it should be in period 12??
    I appreciate you response
    Thank so much

    Hi ,
    You might have given special periods when you are running the depreciation in AFAB.Please check the variant.
    Regards

  • Error while running query for psoting period as varaible

    hello,
    I am running a query and posting period is variable single entry mandatory and when I run the query it gives me this error.
    Variable 0I_PCURR could not be replaced.
    Variable 0I_PCURR could not be replaced.
    What might be the issue here ?
    Thanks,

    Hi KM,
    When you want to use a fiscal period, you need to say whick fiscal variant you'll be using.
    This fiscal variant, depends on the company code you are using.
    You might find out with some FI person how many fiscal variants are using at your company. If it's only one (or at least only one applies for this query), add 0FISCVARNT infoobject in your query and select the fiscal variant you were told.
    But, as you are using a BC variable, maybe this variable needs to use 0comp_code infoobject to determine automatically the fiscal variant.
    So,
    1. try selecting a fiscal variant in filters.
    2. try adding 0comp_code to your query.
    hope this helps!
    Regards,
    Diego

  • Use of special periods if SAP

    Dear guruz,
    Please help to get more information about posting in special periods (13-16) in SAP.
    We have following situation:
    After year end closing we need to audit our financial statements for external use (IFRS). As audit lasts several months I cannot afford to leave the balances of new year unuploaded. So I perform the balance carry forward procedure before the audit starts.
    Now I'd like to add some corrections in audited reporting by use of special posting periods.
    My questions are:
    -does these postings, performed after balance carry forward procedure affect on accounts in future (is this possible to face with problems in the future); Do I have to repeat the balance carry forward procedure?
    -is this possible to divide all the postings (for internal reporting and for audited reporting) to be able to see these balances in standard SAP reports (such as S_ALR_87012300 "GL account balances" and so on)  with and without postings made by use of special periods in previous years.
    respect,
    Oleg.

    1. I don't think that assumption is correct.  Bal. c/f program can be run multiple times.  Also, once bal. c/f program is run, if you make any postings in the previous year they are automatically carried forward to the current fiscal year.  Here is the bal. c/f program documentaton.
    This program is used to carry forward the balances of the general ledger or another ledger to the new fiscal year.
    The program can be run multiple times.
    Normally, the program does not need to be run more than once, since postings to the previous fiscal year are automatically carried forward to the current fiscal year, if the balance carry forward program has already been run.
    Generally, the balance is carried forward as follows:
    Balance sheet accounts are transferred with all additional account assignments.
    P&L accounts are carried forward to the retained earnings account. Additional account assignments are not transferred. The transaction currencies are not transferred and are totaled in the local currency.
    2. In your case, if you are using new GL, you can create a non-leading ledger and post audit adjustments only to the non-leading ledger.  You regular postings for the year hit both the leading (0L) and non-leading ledgers.
    3. I am not good at asset accounting - so I can't answer your question on depreciation for audit adjustment postings.

  • FI Special periods

    Dear all,
    Can you tell me what is the purpose of special posting periods in FI. I use variant K4 with 12 normal periods & 4 special periods. What is the avantages of using one special period & using whole 4 periods ?
    Thank you,
    Best regards,
    Tweety.

    Hi Tweety,
    Special posting periods in FI are used for posting all kinds of adjustment entries like audit or tax adjustments to a closed fiscal year. Only specific users as identified by the business must be given authorization to post in special periods. Normally you can use 4 special periods but the requirement again is business-based.
    Hope this clarifies.
    Regards,
    Poorna Chandana

  • Special periods in BCS

    Hi All
    Can anyone please explain me as to How BCS treats the Special posting period entries which are posted in ECC in period 13,.
    Which configuration settings are required in BCS to support and use the special periods.
    Thanks in Advance

    Hi,
    Actually, there is almost nothing special with special periods in BCS. They are almost the same as usual periods.
    One need just to configure the proper Cons frequency and period categories.
    Doing this one should take into account presence in the system of document types to be inverted in the next fiscal year. Because your settings for Cons frequency and period categories are to determine when the fisc year ends and when begins (=> and when the inversion should take place).
    You may find several discussion in the forum on this regard.

  • R/3 GL special periods - SAP standard purposes?

    Hi All,
    Is there a standard purpose for each of the special periods in the K4 fiscal year variant (12 monthly periods plus 4 special periods)?
    I understand that these can be used for ay purpose, eg year end adjustments, audit adjustments etc. but is there a standard guide from SAP as to what each of p13, 14 , 15 & 16 is for?

    Hi
    These special periods are available at the end of posting period 12. They are used for 1st close , 2nd close etc.
    When they close the period 12 it is called rough cut. This is before passing adjustment entries in the books.
    Then adjustment entries are passed and again the books will be closed for this special period. As saia Radha the authorization is available only people who are involved in closing process. Again except GL (S) all the other module will be closed for postings since most of the time special period postings are affected only in GL. Furtther these posting periods are available only at the end of the period 12. Special posting periods are optional.

  • Special period 13 to 16

    Hi Guys
    I have a doubt on special period available in SAP. We have special period 13 to 16 - i really have a doubt what is the purpose of this.
    1] For eg - i am opening the special period in OB52.
    Can i pass a entry for that period - When i passed an entry - the date i can give is only from jan to dec, otherwise the system will give an error as invalid date.
    Now iam giving a date as lost date of my fiscal year and changing the period as 13, the period is automatically changed to the posting date period.
    2] I have opened only one period in OB52 i.e  the period 13. Now can i pass entry in any period i.e. from period 1 to 13
    The live issue is i have some audit entries which are to be passed on 31st March, by using period 13. When we try this the above doubts came into picture
    Thanks in advance
    Warm Regards
    Bala

    Dear Bala,
    We use special posting period to post make adjustment entries. This is how to post in "Special Period" in system : 
    1. Go to F-02
    2. Enter desired dates in date field.
    3. In period field enter " Special Period Number e.g 13"
    4. And proceed with normal postings and save the document.
    For posting in special period you have to enter special period explicitly, and your Posting Date should fall in Last Actual Period say March or December. In below example date is in March 2014.
    Please find below screenshot for your help and reference.
    FB03 :
    FS10N :
    I hope this will help you to understand functionality, and solve your issue as well. Just try F-02 in your system and see what happens - see results in FS10N as well.
    Thank you.
    Regards,
    Pankaj Bhalerao.

  • In our sap 4 special periods is avilble (it is uesed by the  year ending pe

    in our sap 4 special period is avaible,(it is used by the repoting purpose), but this 4 special period posting for the MM ENTIRES, CAN YOU TEL ME GOOD exp

    Hi,
    Special Posting Periods are those time blocks which are used for closing entries.  These 4 special posting periods can be used as follows.  But there is no hard and fast rule that these periods should be used only for the following. 
    13 u2013 To be used from close of the year till the preparation of draft accounts for submission to auditors.
    14u2013 entries passed based upon audit observations
    15u2013 entries passed based on the adjustments approved by Board of Directors viz., declaration of dividend and transfer to reserves.
    16u2013 if accounts are rejected by shareholders & books are to be reopened.(unlikely event)
    Aravind Boddupalli

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