Open & Closed Periods of Material Management View
All Posting Period in SAP system is not at Plant level, it is at Company Code Level. The SAP table which keep the information about open and close period is MARV table, i.e. Material Control Record. The same details can be seen in OMSY and MMRV transaction.
In configuration transaction (OMSY transaction), The following information should be considered:
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Fiscal Year Variant in SAP
Fiscal Year Variant determines the posting periods to be used by your client’s company.
As the name implies it should be configured to match your client’s accounting year.
The Fiscal Year Variant is very flexible and can be configured to match any organization’s fiscal calendar.
SAP allows a maximum of 16 postings within a fiscal year. The 16 posting periods normally comprise of 12
regular posting periods and 4 special periods, which can be used for such things as posting audits or tax adjustments to a closed fiscal period.
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Posting Period in SAP
Posting periods are defined in the Fiscal year variant and the SAP system usually proposes the current date as posting date. To prevent the documents getting posted on to an incorrect posting period, you need to close certain posting periods.
You can open the posting period by entering a range in the posting period variant that encompasses this period and you can have more than one periods open as desired.
Posting period variant that contains the open periods must be maintained manually. SAP system uses on posting transaction for several different postings, for example, G/L account posting, Customer/Vendor invoice posting, Vendor/Customer credit/debit memo postings.
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Allowed OB52 based on company code
If we have several company codes then we want the users to be able to open and close periods (transaction code: OB52) belonging to their posting period variant only.
What we have to carry out are:
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