OPEN AND CLOSE POSTING PERIODS
Fiscal year : April 2008 – March 2009 – F.Y 2008
August 2008 – March 2009
5,2008 – 12,2008
Open means: from August 2008
Close means: to March 2009
Company codes : AML ASL AIL
All company codes
Fallow the same
Open and close periods
Option 1
A) Define posting periods
Variant …………… X
B) Assign posting period
Variant to company codes
X……….AML
X……….ASL
X……….AIL
C) Define open and close periods for variant X
For X,5 2008 – 12,2008
Option-2
Each company code
having separate open
And close posting period variant X Y Z
Assign posting period variant to company codes
X to AML Y to ASL Z to AIL
Period for variant
July 2008-March 2009 April 2008 to March 2009 Sep. 2008 to Sep. 2008
For X For Y For Z
04,2008 12,2008 06,2008
In this step we are defining which periods are open for posting.
Define variants for open posting periods:
Path : SPRO – Financial accounting global setting – Document – posting periods-Define variants for open posting periods
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Variant Name
AML posting period variant for AML
