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Where do you open and close periods?

Answers were Sorted based on User's Feedback



Where do you open and close periods?..

Answer / t.raja shekhar

Actually the open and close posting periods will be defined
for the purpose of allowing/restrict the end user to post
the entries for each periods (month).

this will be defined when we are maintaining and assigning
the fiscal year to company code.

The Transaction code for defining the Open & Close Posting
Periods is OB52.

Is This Answer Correct ?    59 Yes 4 No

Where do you open and close periods?..

Answer / chandan

First define the Posting period variant:
IMG/Financial Accounting/Fiancial Accounting & Gernal
Setting/Document/period posting/define varaint for open
posting period.
Than go for T.Code OB52. There define the periods DMASK
D-Customers
K-Vendoers
S-Gernal Ledger
M-Material
A-Assets
* for reset of above
here you define which period you want to open or closed.

If i am wrong, so please correct me

Thanking

Is This Answer Correct ?    27 Yes 5 No

Where do you open and close periods?..

Answer / geetha

OB52 (FI Open and Closing Periods, OKPI (CO Open and
Closing Periods) and MMPV (MM Posing periods)

Is This Answer Correct ?    27 Yes 5 No

Where do you open and close periods?..

Answer / muthuraj.g

In SAP Open and Close period is maintain in FI & MM module
separately.

FI T.Code OB52.
MM T.Code MMPV

in FI we can open and close the period individually

for eg. only GL posting or asset posting.

like we can close GL, Asset,AP, AR. In FI whenever need we
can open it and post any entry, but definitly it will
affect the balance sheet and p&l, so we should not open it
without higher person's perior consent.

but in MM we can not maintain more than 2 two periods.
If you closed the period in MM we can't reopen it. so
carefully handle it. FI no problem.

If any mistake plz correct it. bkaz period closed is vital
areas.

Is This Answer Correct ?    13 Yes 2 No

Where do you open and close periods?..

Answer / jyothi

Posting period varinat is used to open and close the
periods based on a/c types considering gl a/cs
Transation code is ob52

Is This Answer Correct ?    10 Yes 1 No

Where do you open and close periods?..

Answer / krishna

In F/Year

Is This Answer Correct ?    21 Yes 13 No

Where do you open and close periods?..

Answer / manish sharma

Opne & close posting periods is very important job in real
time. we can make so many restrictions according to
accounts types and account numbers.

Is This Answer Correct ?    10 Yes 2 No

Where do you open and close periods?..

Answer / kumar

under the fiscal year variant we can defined the posting periods

Is This Answer Correct ?    16 Yes 9 No

Where do you open and close periods?..

Answer / yenyen

to close/open period:
1. if by user than can through tcode mmpv to enter the
posting period / in configuration tcode is omsy, and to
display is mmrv.
2. in configuration
a) img - fin acc - fin acc global settings - doc - define
variant for open period.
b) img - fin acc - fin acc global settings - doc - assign
variant to company code
c) img - fin acc - fin acc global settings - doc - open or
close posting period. Here define the period for DMASK+
if these all are set properly the you can post logistic and
fico transaction.

Is This Answer Correct ?    7 Yes 0 No

Where do you open and close periods?..

Answer / guest

if the same 2 companys that companies use the open and
close periods

Is This Answer Correct ?    10 Yes 5 No

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