The period-end closing process in Cost Center Accounting (CO-CCA) includes periodic transactions such as the following:
These transactions are performed at the end of the period after the primary cost postings for the period have been made.
The period-end closing process in Cost Object Controlling includes the following business transactions:
Period-end closing is used in the securities area to post gains and losses resulting from price fluctuations, and to prevent backdated purchases and sales. Where positions in the same class are held in different securities accounts, the system also generates adjustment records to value the positions according to the same criteria.
If the securities positions are managed on the basis of the scientific amortized cost (SAC) method, interest capitalization from sales and price gains and losses are re-calculated and re-posted during period-end closing.