This activity is used to map the accounting periods of the reporting company against the accounting periods in the master company. The purpose of this activity is to specify which accounting period of the reporting company should be considered when a balance transfer is carried out, and which accounting period of the master company should be affected by those accounting periods of the reporting company. The period mapping is used when reporting company accounting calendar differs to master company accounting calendar.
As a result of this activity, the accounting periods of the reporting company are mapped against the accounting periods of the master company.