Example: Posting to Special Periods

In this example, the fiscal year is made up of 12 regular posting periods, which correspond to the calendar months. In this example, period 13 is a special period.

The right side of the graphic shows a retroactive accounting run that was triggered by a backdated pay increase affecting the previous fiscal year. As a comparison, the left-hand side shows posting a comparable retroactive accounting run during the fiscal year.

In January 2000, an employee gets a backdated pay increase for December 01 1999.

The system posts the pay increase of 1,000 to the credit side of the Salaries account for the special period 13/1999. The offsetting posting in the special period 13/1999 is made to the credit side of a clearing account, to which the system posts the recalculation difference of 1,000.

In the current posting period, (01/2000), the system posts the regular salary of 6,000 to the debit side of the Salaries account and posts the recalculation difference of 1,000 to the debit side of a clearing account. This is offset by posting 7,000 to the account Wages and salaries to be paid in the current posting period.