Contents Scenario How ta check the Curent Open Peo. ‘Theory behind Posting Period in 8 How to Open Periods fr Posting How to REVERSE posting periods open i-advance Scenario You might have seen the error message; “Posting only possible in periods 2009/05 and 2009/04 in company code 1000", when trying to post any Material documents in SAP. (@ Pexing Eg: in MBIC transaction | my current calendar month is 05/2009; by looking at this error message, you might get confused as why you can't post it for the current month (05/2009), ifthe possible posting periods are 2009/05 and 2009/04. This is due to the fiscal year configuration attached to your company code. Let's see how we can identity relevant fiscal year and posting period How to check the Current Open Period Transaction: OMSY Check your Company Code Open period.Theory behind Posting Periods in SAP Posting periods are calculated using a Configuration Setting called “Fiscal Year Variant” attached to the ‘Company code, “Fiscal Year Variant” Is the deciding factor for the company code, whether to follow the calendar year or any other calculation method. Eg: Fiscal year can be start from July & goes to the next year June for some companies. ‘Therefore what you see in the OMSY might not be the actual calendar month that SAP is referring. (Eg: 01 means Jan, 02 means Feb, 03 means March, etc is not always the case) So first you have to check the Fiscal Year attached to your company code.IMG Path: Decumant Check the Fiscal Year Variant field.B swuodow «> 2 Cempary Ce 300) spouts co ‘x00 o c fl fl | easthe Postings tes tel CeCe ‘VAT Redstation No, (v Pree focal year |v bathe dota vate cine Oa forex rate tf, when ce (Tax base snet va Clee yea, 4 owe, owe (iccoune base net vate Shortened fs. year ar S004 (inane assets Mant active [9 Act. Kurc, 4 spec cere (purchase account crocesto 9 Cut Sent, 4 spec ewsIn my example by looking at the F4 search help, I can see that the Year is not the Calendar year. It starts from July & goes tll June. Ifyou can’t identify it in that way; you can go to the Configuration node for Fiscal Year & check the variant. IMG Path: Gia BS | Biting ac cate Seer cots tor Actty Syrhetivated! BC Bote for Act Yerdron..Cld Har of etn. Noo! Oo; o wove Gide. Ot ture yuome Oe dele toe | 5 acy?) B cameron ee) 3 cwrarpaipe 0 2 le fforned Reyes nl = A becteh tec OO ‘ Days aee,Aewenicr 2 4 Ot, Aspe. 2 4 caer vost z ‘+ If Fiscal Year is same as calendar year, then you should have that “Calendar Yr" tick box ticked. '* Once you go in, you can see 7" Month is the 1* Period in the Fiscal year variant.Note: +1 if the fiscal year is later than the calendar year -Lif the fiscal year is before the calendar year.‘So your period is starts from July & goes tll next year June. Having that in the mind, now we have to check what 05/2009 is. Posting Period in | Relevant Actual SAP Calendar Month 01/2009 07/2008 02/2009 08/2008 03/2009 09/2008 04/2009 10/2008 05/2009 11/2008 06/2009 12/2008 07/2009 01/2009 08/2009 02/2009 09/2009 03/2009 10/2009 04/2008 1/2009 05/2009 12/2009 06/2009 ‘So as per OMSV Transaction current open posting period is 05/2009. Which means it is 11/2008 in actual calendar year. As per the logic specified above, if we need to post any document to May 2009 (05/2009), we need to open the period 11/2009 in the Fiscal Year. How to Open Periods for Posting ‘Transaction: MMPV Since your current open posting period is 05/2009 (Actual Calendar month 11/2008), you have to open till 11/2009 (Actual Calendar month 05/2003) Note: When you open a period, previous period automatically get closed ‘You have to start opening posting periods from 06/2009(heck arcician pert Deheek pete arty Jc pera erty “jel neg, chi pres. pt. iabow neg, va pee. ge e Clickon (or press F8) Then for period 07/2009o68 Fran company ode 1500) Teen cece [Ener nowt ero (retary cal your cx ook date etna both) Perc al Fea you 008) a cate ) Likewise you have to open the periods till, 11/2009. Once you apen 11/2009, if you check the MMV; you should be able to see below |[Postiepreioespeiod™ = Allow posting to previous per Cdisaitow backoostng generallyNote: [Curent period 11 2008 Equals to actual calendar month 05/2009 (May 2009) So now I can post material documents for May/2009 for the A300 company code without an error. How to REVERSE posting periods open in-advance Let's say my current SAP posting period is 11/2009 (May 2008) and by-mistake | have opened 12/2003 (une 2009) posting period in SAP. You SHOULD NOT open any advance posting periods in SAP. If you haven't posted any Transactional data in to new period, you can reverse it. ‘Transaction Code: MMPI Tnitalize Period for Material Master Records error pte eso heen) aceon e But in-order to do so, you have to follow a Note provided by SAP. This has an impact on Inventory valuation.SAP Note #: Note 487381 - RMMMINIT: Protection against un-intentional execution (Please go through the SAP note for more details) Author: Anupa Wijesinghe E-Mail: anupaw@gmail.com / anupaw@learnsaptips.com Website: www.learnsaptips.com View my profile in Linkedin Follow me on Twitter Disclaimer This article is done based on my research and readings, unless otherwise stated. The views expressed are my own and not of anyone else, ‘Author accepts no liability for the content of the articles in this website or for the consequences of any actions taken on the basis of the information provided. Using this information is at the users own discretion and responsibilty.