What is the use of posting period variants?

1.	What is the use of posting period variants?
Answer» SAP FI Posting period variant is used to maintain accounting periods that are open for posting and all closed period are balanced. This is used for opening and closing period in fiscal year for posting purpose. You can assign these posting periods to one or more company codes.

Answer»

SAP FI Posting period variant is used to maintain accounting periods that are open for posting and all closed period are balanced. This is used for opening and closing period in fiscal year for posting purpose.

You can assign these posting periods to one or more company codes.

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What is the use of posting period variants?

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