Home What is SAP FICO?SAP FICO Training Tutorials for Beginners SAP FICO Define Account Group SAP FICO Reverse Clearing Document Foreign Currency Valuation Configuration SAP FICO User Exit for Vendor Master FICO Vendor Account Group Table SAP FICO Withholding Tax SAP FICO Dunning Area SAP FICO Cash Management Group Assessment Cycle vs Profit Center SAP FICO Asset Accounting SAP FICO Posting Key for Bank SAP FICO Document Type SAP FICO Document Number Ranges SAP FICO Parked Workflow Configuration SAP FICO Classic GL vs New GL SAP FICO GL Account for Cash Journal SAP FICO Accounts Receivable Process Cycle SAP FICO Accounts Receivable Configuration GR/IR Accounting Entries and Journal Entries SAP FICO Chart of Accounts SAP FICO Transaction Codes SAP AS11 Create Asset Sub-Number SAP Business Area and Profit Center SAP Inconsistent Withholding Tax Info SAP Active vs Passive Document Splitting Reverse MIRO Document in SAP SAP FICO Scope and Opportunity FICO Certification Cost in India SAP FICO Interview Questions SAP FICO Tree Menu

Open and Close posting Periods

T-code (OB52) Path

Financial Accounting-> Financial Accounting Global Setting-> Documents-> Posting Periods-> Open and Close posting Periods

In this activity you specify for each variant which posting periods are open for posting. Two intervals are available for doing this (period 1 and period 2). For every interval, enter a lower period limit, an upper period limit and the fiscal year.

You close periods by selecting the period specifications so that the periods to be closed are no longer contained.

Note:

There must be at least one entry for each variant. This entry must have + in column A ; the columns "From acct" and "To account" may not be filled. In the columns for the posting periods, you specify the periods which are to be opened for the variant. Via further entries, you determine more specifically which periods are to be opened for which accounts

Select New Entries

Save and exit

Comments

12 Dec 2011 12:15 pm rekha
Define the posting company code variant in SM30 - V_T010O

Assign the company code variant in SM30 - V_001_R

Maintain the open and close posting period with OB52.

You can control period by : -

1. G/L number range.

2. Company code.

3. Company code and G/L range.

28 Sep 2012 7:14 am Guest
Hi,
How From period to period is chosen and From year to year is chosen, is it we can update fiscal year in all fields of ( From year -to year).
Could you please explain it of how periods can be kept open and closed, and How the year should be chosen.

Thank you.