The system automatically defaults the system date as posting date. When you post the document however, you can enter any other date (past or future) from a permitted posting period.

The posting date determines the posting period.

The periods that are permitted for posting are determined by your system configuration. You can also post to periods in a previous fiscal year. If you do this, the carry forward balance for the current year is automatically corrected in special periods.

To enter a transfer posting at the end of the fiscal year, you have to enter a date valid in the last posting period and then enter the special adjustment posting period. Depending on the configuration of your system, the values 13 to 16 can be entered for the special periods.

For example, to enter a transfer posting at the end of a fiscal year that corresponds to the calendar year, enter a posting date in December and then a special period, such as 13, in the Period field.