Closing of Ap/Ar

[Former Member]

Hi,

Before closing of the financial year, If we post a transaction in Special Period which belongs to March, whether it will be automatically updated in the next financial year balances or not?

Please tell me the process of posting transactions in special period?

Kindly revert

Thank You

[Former Member · Accepted solution]

Hi Gverma

If you post to special period, it will be automatically carried over the next fiscal year. The spl posting period is just an extension of the normal posting period.

Thanks

Ashok

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