Closing the periods for Material Master Records:

Steps to be followed: First Step

1. Enter Transaction Code: MMPV

2. Enter company code in, from company codes 1000. ( Example :
1000 to 2000 or 1000 to 3000 etc)
3. Period : Enter period 12
4. Enter Fiscal Year 2002
5. Click on execute button.
6. You will find a yellow colored message saying that the specified
year 2002 is not the current calendar year.
7. Press enter.
8. Click on back button.
9. Continue the process for the next months till the current month.
(For example if the month is March07 .the exercise needs to be
run till 03/2007.

Steps to be followed: Second Step

1. Transaction code OB52

2. Select all the 1000 sales organization rows in the first column and
change the eighth column to 2007.
3. Click on Save Button.

Steps to be followed: Third Step (Version O Problem)

1. IMG Controlling General Controlling Organization

2. Maintain Version
3. Click on Version
4. Select Version O on the left side and go to setting for each fiscal
year.
5. Double click
6. Enter 1000 as controlling area
7. Press enter
8. Select the last year
9. Click on Copy as button
10. Change the fiscal year to 2007
11. Press enter and Save.