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Enter plan numbers for special periods

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Is it possible to configure 7KE1 so you can enter plan data for special accounting periods 13-16?

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2 Answers

  • Best Answer
    Posted on Jul 19, 2016 at 04:57 PM

    Dear Lori,

    There is no solution from SAP yet to apply this in profit center. Technically the issue is at include LPCPPE01 form GET_NUMBER_OF_PERIODS

    Changes done by note 522334 - 7KE1: Error message K9018 at release R/3 4.7 and still being used in ECC 6 release.

    Maybe you can raise a OSS Message to SAP asking this change if possible. You can mention to SAP about OSS Note 545780 - KP06 and following: No posting/display of special periods where this fix has been done but for include LKAPPF31

    Best regards,

    Gabriel Coleti

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  • author's profile photo Former Member
    Former Member
    Posted on Jul 20, 2016 at 05:55 AM

    Hi,

    WHY SPECIAL PERIODS REQUIRED AND WHAT SHOULD WE DO IN THIS SP:


    Why SAP has allowed Special period is explained below with the example.

    Date Status of Accounting on 10.03.16

    Accounts department released profitability up to the Feb'16 to the Mgt.

    Figures up to Feb'11 can not be changed as profitability is finalized up to Feb 16. In that since, We open period for March 2016 to March 2016 for data entry purpose so as to not to change the previous data by any one.

    So End user can enter transactions only for the month of March 2016.

    for Opening March 2016 to March 2016 means open period is 12.2015 to 12.2015 on 31.03.16

    New accounting year April 2016 to March 2017 ( Fiscal Year 2016) will start after 1 day. So to open the period for Fiscal Year 2016, we have to open period from March 2016 to March 2017 for Fiscal Year 2015 March and April 2016 to March 2017 (Total No of period to open would be 13. 1 for 2015 and 12 foe 2016) Because B/S is not finalized and still some entries have to make for March 2016.

    Accounts Department has closed the Balance Sheet and declared Profitability for the Fiscal Year 2015 to the Management. Management has suggested to make some adjustments for which adjustment entries hast to be passed by A/c Dept. This Adjustments may be for increase / decrease the profitability. on 05.05.16

    Accounts Dept made passed adjustment entries as suggested by the Management . Data entered on 07.06.16 but posting dated will be 31.03.16 so as to updated the 2015 Fiscal Year ledgers. on 12.06.16

    Audit has completed and Auditors suggested to make Rectification Entries. These rectification entries were done on 12.06.16 but the posting date will be 31.03.16 so as to update the Fiscal Year 2015 ledgers. On 10.07.16

    If Management wants to see the Profitability finalized by the Accounts Department, it is not possible to see as subsequently adjustment entries were made as suggested by the Management and Rectification Entries were made as suggested by the Auditors. All the data was changed.

    TO OVERCOME THIS PROBLEM SAP HAS GIVEN 4 SPECIAL PERIODS WHICH ARE

    PART OF THE LAST PERIOD OF THAT PARTICULAR FISCAL YEAR.

    HOW SPECIAL PERIODS WILL BE USEFUL:

    Entries made up to the Profitability of Accounts Department will be posted up to period 12.

    Entries made for Management Adjustments will be in the period 13.

    Entries made for Auditors Rectifications will be in the period 14.

    When we want to see the Report: Period wise Report we view

    From

    To

    1

    12

    Profitability finalized by Accounts Department

    1

    13

    Profitability suggested by Management

    1

    14

    Profitability finalized by the Auditors

    13

    16

    To see the list of Rectification Entries suggested by Auditors & Management

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