Title: S_ALR_87003642OpenClosePeriods

Document Type :
SAP Module :

S_ALR_87003642OpenClosePeriods

OB52

Change History
Update the following table as necessary when this document is changed:
Date

Name

Change Description
First Draft and BPP Section
Final Copy

File name: 306762770.doc

Reference Number: ###

Version: Preliminary
Last Modified: 03.01.2016 19:12:00

Parent Document
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Trigger
xxxxxx
Business Process Description Overview
At Co Compay XXXX periods will be maintained regionally.

Input - Required Fields

Xxxxxxx

Field Value/Comments
Xxxx

Output - Results
Xxxxxxx

Comments
Xxxx

Purpose
Use this procedure to maintain periods. Co XXX opens a new fiscal period in each region at
midnight on the last day of the fiscal close.
Trigger
Perform this procedure when the close schedule deadlines dictate that periods be opened or
closed and companies data final for the fiscal period.
Prerequisites
None
Menu Path
Use the following menu path(s) to begin this transaction:
Financial Accounting > General Accounting > Environment > Current Settings >
Open and Close Posting Periods
Transaction Code
S_ALR_87003642 or S_ALR_87003642
Helpful Hints
None

Procedure
1. Start the transaction using the above menu path or transaction codes.
2. Maintain the appropriate period for the appropriate module at the appropriate time per the
fiscal calendar below so as to prevent any form of postings to a prior period.Once the period
is closed, it should NOT be re-opened. Any need to re-open a previous period needs to be
justified and a written approval needs to be obtained from Finance directors.

Change View "Posting Periods: Specify Time Intervals": Overview

This session displays all the valid variants and their periods. The second column on this
screen titles A is the account type. Values are:
A

Asset Management, assets are closed and the new period opened at

Accts Receivable, receivables are closed and the new period opened

Accts Payable, payables are closed and the new period opened

Materials, materials are closed and the new period

GL accounts, the C accounts are opened for the new period at midnight on the last day of the
fiscal month.

The following are the variants set up by region and associated to each respective company code.

Variant Name

Description

In OB52 the appropriate period for the particular variant during each fiscal month-end on the Company
XXXX fiscal calendar. calendar for 2005 is on the last page of this document.
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