What is 'periodic reposting' in SAP CO - Controlling?

periodic reposting - Overview

• Component: CO

• Component Name: Controlling

• Description: A function that lets you correct postings to cost centers. Periodic reposting is an allocation method that uses rules defined in the form of cycles to credit allocation cost centers. These allocation cost centers are used to collect the postings relevant for cost accounting.

periodic reposting - Details

• 
  Key Concepts: 
  Periodic reposting is a feature of SAP Controlling (CO) that allows users to automatically post documents from one period to the next. This feature is useful for companies that need to post documents from one period to the next, such as when closing out a fiscal year. 
  
  How to use it: 
  To use periodic reposting, users must first set up the document types and posting keys in the CO configuration. Once this is done, users can then select the documents they want to post and specify the period they want to post them to. The system will then automatically post the documents to the specified period. 
  
  Tips & Tricks: 
  When setting up periodic reposting, it is important to ensure that all of the document types and posting keys are correctly configured. This will ensure that all of the documents are posted correctly and that no errors occur during the process. 
  
  Related Information: 
  For more information on periodic reposting in SAP Controlling, please refer to SAP Help documentation or contact your local SAP support team.