SAP CO: Periodic Reposting

SAP CO: Periodic Reposting

Periodic reposting in SAP is one of the allocation methods and it is a month-end closing activity. It is a posting tool that enables the user to transfer postings that have been posted to internal orders, cost centers, business processes or WBS elements. Periodic reposting is similar to transaction-bases reposting. The Read more…

SAP CO: Accrual Calculation

SAP CO: Accrual Calculation

The accrual basis of accounting is important to produce accurate financial statements and reflect financial position of the company. It’s a principle of accounting which records expenses or revenues when they are consumed or earned and not when they are paid or received in cash. GAAP (Generally Accepted Accounting Principles) Read more…