What is 'carryforward period' in SAP FS-AM-EP-ST - Settlement?

carryforward period - Overview

• Component: FS-AM-EP-ST

• Component Name: Settlement

• Description: The period during which a surplus from condition type clearing can be used again.

carryforward period - Details

• 
  Key Concepts: 
  Carryforward period is a feature of the FS-AM-EP-ST Settlement component in SAP. It allows users to carry forward the balances of open items from one period to the next. This helps to ensure that all open items are accounted for and that the financial statements are accurate. 
  
  How to use it: 
  To use the carryforward period feature, users must first set up a carryforward period in the system. This can be done by going to the “Settings” tab in the FS-AM-EP-ST Settlement component and selecting “Carryforward Periods”. From there, users can select the period they want to carry forward and enter the start and end dates for that period. 
  
  Tips & Tricks: 
  When setting up a carryforward period, it is important to make sure that all open items are accounted for before the end of the period. This will ensure that all open items are carried forward correctly and that the financial statements are accurate. 
  
  Related Information: 
  For more information on setting up a carryforward period in SAP, please refer to the SAP Help documentation.