Number of Posting Periods Allowed

How many posting periods are allowed in SAP S/4HANA Finance?

a. 12+4 special periods
b. 12
c. 16
d. 10

Which is the correct answer?

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Explanations

In SAP S/4HANA Finance, company can configure its fiscal year periods from January to December (12 months).

Some companies may wants 4 special periods for postings as part of the year-end closing.  Therefore, special periods are used for postings year-end closing.  A special period is a posting period which is used to divide the last regular posting period for closing operations.

So the correct answers for this question is a.

Further details

Posting Period Variant is denote by 4-digit numeric key; the table is T010O which can be viewed throught SE16N

Configure Transaction codes:

  • Define the variant: tcode OBBO
  • Define Open and Close Poting Period tcode OB52
  • Assign the company code to the posting period variant tcode OBBP

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