SAP CCA - Period-End Closing

Period-end closing is the work carried out at the end of a period as a part of cost controlling. To perform period end closing, it is required to transfer the data from other SAP Components. You should perform all the posting in Finance Accounting.

Example

All invoices should be created and posted in Finance Accounting as a part of Sales and Distribution.

You use reconciliation posting to perform reconciliation between Finance Accounting and Controlling by doing relevant allocations in FI.

As part of period-closing, following activities are performed −

• Periodic reposting
• Accrual cost calculation
• Pre-distribution of fixed costs
• Transfer of statistical key figures from the LIS
• Overhead calculation
• Periodic allocations
• Variance calculation
• Actual price calculation