Question

How many posting period intervals in SAP S/4HANA are used for postings of Financial Accounting (FI) and Controlling (CO)?

A) Two separate posting period intervals for FI and CO
B) Three separate posting period intervals for FI and CO
C) Four separate posting period intervals for FI and CO
D) One common posting period interval for FI and CO

Answer 1

In SAP S/4HANA, there is one common posting period interval used for both Financial Accounting (FI) and Controlling (CO). This unified approach simplifies period-end closing activities and maintains consistency across the financial system.

Step-by-step explanation:

In SAP S/4HANA, the system uses one common posting period interval for both Financial Accounting (FI) and Controlling (CO). This means that there is a unified approach to managing posting periods across both components, simplifying the control and maintenance of posting periods within the integrated financial system. By having a common posting period, organizations can ensure consistency and reduce the complexity of their period-end closing activities.