New Year, New Period Indicator

Don’t get carried away; this is way too much;?really, above and beyond! In most cases exaggeration is perceived as negative and leads to unpleasant results: working too hard may end up with sickness and early burnout, driving too fast might cause an accident, and drinking too much… well – you got the point. While avoiding exaggeration and keeping things in balance is highly appreciated, when it comes to financial reporting and bookkeeping there is no such thing as too much accuracy or clarity. One way to help keeping everything intact is to dedicate certain numbering series for recording transactions and documents within a specific posting period. To get it set SAP Business One enables you to define Period Indicators that link between the numbering series and respective periods:

Once defined, assign the relevant period indicator to the respective Posting Periods and Numbering Series:

The "Display Series Linked to Selected Period(s) Indicator" menu, enables you to filter the list of numbering series by selected posting period. Note that assigning period indicator is not supported by numbering series of business partners, items, and resources.

Available from SAP Business One, version for SAP HANA and SAP Business One.?This tip and all the other tips are available on the?Tip of the week community page. You can also?visit the?Implementation Arena?for useful implementation?tips.