MM Period

[Former Member]

1What is the need to close MM Period.

2 How to close.

3 Is there any way to find wether mmperiod is open or closed

[Lakshmipathi]

Dear Rohith

The link will answer your question

[MM Scenario - Period Close |http://help.sap.com/saphelp_46c/helpdata/en/50/dc9e10122211d3a54fdfb7b31fd578/frameset.htm]

Thanks

G. Lakshmipathi

[Former Member]

FI consultant will configure the Opening period and closing period of the Company code.

Configuration of period

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Go to SPRO-> Financial Accounting> Financial Accounting global settings> DocumentsPosting period.

Tcode : MMRV - Allow posting period

Enter the company code:

To check the current period , previous period

Allow posting period.

normally FI consultant will close the period and open the next period

,T code: MMPV -- Close period

While invoice verification period should be open.

There is no report for this check MMRV

Reward points if useful.

[Former Member]

hi,

Open and close posting periods

You close one or more posting periods in the past for posting, and permit posting to be made to one or more current or future posting periods. Typically, you will leave two periods open. The prior period is open to allow period-end adjustments and a new open period is open for customer and vendor postings.

To see the current period you can go to the material mater accounting 1 view. there you can see the current period which is allowed for posting documents on the MM side.

You can use the t.code MMPV to Open and close the periods.

But normally in a realtime scenario, this is handled by the business in the PRD system.

regards

sadhu kishore