How to use FP27 - Prior Period Posting to Clarif. Acct

SAP Transaction Code - Details

• Transaction Code: FP27

  Description: Prior Period Posting to Clarif. Acct

  Release: S/4HANA and ECC 6

• • Program: SAPMFK00

    Screen: 180

    Authorization Object:

  • Development Package: FKKB

    Package Description: Contract A/R & A/P: Central Objects

    Parent Package: FI-CA

  • Module/Component: FI-CA

    Description: Contract Accounts Receivable and Payable

Smart SAP Assistant

• SAP Tcode: FP27 - Prior Period Posting to Clarif. Acct

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  Overview:
  FP27 is a SAP transaction code used to post prior period documents to clarification accounts. This transaction code is used to post documents from the current period to the prior period. It is used to adjust the balance of the prior period and ensure that the financial statements are accurate. 
  
  Functionality: 
  FP27 allows users to post documents from the current period to the prior period. This transaction code is used to adjust the balance of the prior period and ensure that the financial statements are accurate. It also allows users to view and edit documents from the prior period. 
  
  Step-by-step How to Use: 
  1. Enter transaction code FP27 in the command field. 
  2. Select the document type you want to post from the drop-down menu. 
  3. Enter the document number in the Document Number field. 
  4. Enter the posting date in the Posting Date field. 
  5. Enter the posting key in the Posting Key field. 
  6. Enter any additional information in the Additional Data field, if necessary. 
  7. Click on “Post” button to post document from current period to prior period. 
  8. Click on “Save” button to save changes made in document from prior period. 
  9. Click on “Exit” button to exit transaction code FP27 and return to SAP Easy Access screen. 
  
  Other Recommendations: 
  It is recommended that users familiarize themselves with SAP transaction codes before using them, as they can be complex and require a certain level of understanding of SAP systems and processes. Additionally, users should always double-check their entries before posting documents, as incorrect entries can lead to inaccurate financial statements and other issues.