5/7/2020 Steps for opening and closing period – MM FI CO | SAP Blogs

Community

Ask a Question Write a Blog Post Login

Rajen Patel
April 27, 2013 2 minute read

Steps for opening and closing period – MM FI CO

Follow RSS feed Like

59 Likes 317,037 Views 11 Comments

Steps for opening and closing Period – MM FI CO

As many of us struggle with changing periods in our DEV and QA environments, here is quick reference for
opening and closing period. In doubt, please consult with your FI/CO expert.

There can be upto four transaction involved depending on your situation.

•          MMRV – Allow posting to previous period

•          MMPV – Close Periods

•          OB52 – Change view “Posting Periods: Specify Time Intervals”: Overview

•          OKP1 – Maintain Period Lock

1. MMRV – View current period / Allow posting to previous period

This transaction allows you to view current period and change setting for posting to previous period.

https://blogs.sap.com/2013/04/27/steps-for-closing-period-mm-fi-co/ 1/10
5/7/2020 Steps for opening and closing period – MM FI CO | SAP Blogs

2. MMPV – Close Periods

In MMPV you can execute period closing up to the end of the current scal year. The period closing program
updates the administration record, thus ensuring that the stock data of the material master are updated.

If, for example, you want to close your periods up to 03/2013, you are not allowed to post values in 01/2013.
Therefore, if you still want to make postings in period t, you should execute period closing only for a maximum
of t+1 periods.

https://blogs.sap.com/2013/04/27/steps-for-closing-period-mm-fi-co/ 2/10
5/7/2020 Steps for opening and closing period – MM FI CO | SAP Blogs

3. OB52 – Change view “Posting Periods: Specify Time Intervals”: Overview

In this activity, you close the posting periods for FI-AA and open the new periods for FI-AA.

No more FI-AA postings can be made to the previous period. Postings for the future periods are allowed.

4. OKP1 – Maintain Period Lock

If needed, unlock period for CO transaction.

https://blogs.sap.com/2013/04/27/steps-for-closing-period-mm-fi-co/ 3/10
5/7/2020 Steps for opening and closing period – MM FI CO | SAP Blogs

If I have missed anything here or misinterpreted, let me know and I will correct it or add additional
clari cation/tips.

Source: help.sap.com

Also posted at : http://sapience-solutions.com/2012/02/01/steps-for-opening-and-closing-period-mm- -co

Download PDF of this document from this link :

https://sapiencesolutions149809370. les.wordpress.com/2018/05/closing_periods-in-sap-mm- -co.pdf

Tag: M7053, MIGO, Month End, Period Closing

Alert Moderator

https://blogs.sap.com/2013/04/27/steps-for-closing-period-mm-fi-co/ 4/10
5/7/2020 Steps for opening and closing period – MM FI CO | SAP Blogs

Assigned tags

MM (Materials Management) | SAP ERP | enterprise resource planning | m7053 | materials |

View more...

Related Blog Posts

Restriction of Maximum 999 FI Document Items During MM transactions

By Jimmy Zhang , Mar 22, 2010
Typical MM/FI inconsistency: MM missing FI — Why and how to prevent it
By Polly Gan , Aug 18, 2015

Pricing procedure Steps and Details in SAP MM

By Dibyendu Patra , Nov 27, 2013

Related Questions

MM Period Closing
By Former Member , Feb 01, 2010

Opening up of new MM period without closing last scal year

By Ashar Kazmi , Oct 11, 2012

FI & MM Period closing dependency

By Former Member , Jan 06, 2009

11 Comments

You must be Logged on to comment or reply to a post.

Roberto Espinosa

April 28, 2013 at 7:06 pm

In OB52, you can also manage two alternative periods, including restrictions in one of the period via
authorizations.

You can see complete information of the functionallity here:

http://translate.google.com/translate?sl=es&tl=en&js=n&prev=_t&hl=es&ie=UTF-
8&eotf=1&u=http%3A%2F%2Fsaptricks.wordpress.com%2F2013%2F04%2F24%2Ftruco-52-dos-periodos-
https://blogs.sap.com/2013/04/27/steps-for-closing-period-mm-fi-co/ 5/10
5/7/2020 Steps for opening and closing period – MM FI CO | SAP Blogs

contables-abiertos-en- -y-1-limitado-por-autorizaciones%2F

Also in Spanish:

http://saptricks.wordpress.com/2013/04/24/truco-52-dos-periodos-contables-abiertos-en- -y-1-limitado-
por-autorizaciones/

Best regards.

Like (0)

Rajen Patel | Post author

April 29, 2013 at 1:09 am

Nice tip for OB52 Roberto

Like (0)

Former Member

May 2, 2014 at 7:12 am

It was very useful document ….

Thanks a lot .

Like (0)

Former Member

May 8, 2014 at 6:01 am

Well documented

Regards

Nireesh

Like (0)

Former Member

https://blogs.sap.com/2013/04/27/steps-for-closing-period-mm-fi-co/ 6/10
5/7/2020 Steps for opening and closing period – MM FI CO | SAP Blogs

May 8, 2014 at 6:05 am

Good Documentation, with screen shots, make it easy to understand.

Thanks n Regards,

Arvind

Like (0)

Malka Samarasinghe

April 16, 2015 at 7:12 am

Was searching on the topic.. this helped me a lot..

Thanks,

Malka

Like (0)

Former Member

June 11, 2015 at 6:34 am

I got a same error when I using mi21, It’s a new company code ,the setting as the pic.Could you give me a hand?
Really Thanks.

https://blogs.sap.com/2013/04/27/steps-for-closing-period-mm-fi-co/ 7/10
5/7/2020 Steps for opening and closing period – MM FI CO | SAP Blogs

Like (0)

PK Nanda

September 12, 2015 at 4:48 am

Current Period  06 2015 Means Sep 2015

Counting  like bellow

1- April

2- May

3-June

4-July

5-Aug

6- Sep

So pls update the period with T- Code-MMPI as per your requirement.

https://blogs.sap.com/2013/04/27/steps-for-closing-period-mm-fi-co/ 8/10
5/7/2020 Steps for opening and closing period – MM FI CO | SAP Blogs

Like (0)

Former Member

July 1, 2015 at 1:29 am

Thank you  for your cooperation.

It is good document.

I appreciate your kindness.

Like (0)

Former Member

June 9, 2016 at 9:19 am

Hi,

     Nice Work keep it up Sir.

Like (0)

emma megan

June 2, 2017 at 4:55 am

Good Documentation..MM FI CO

It was very useful document ….make it easy to understand.

SAP Cloud Platform Integration (CPI) is most advanced way to learn for its certi cation C_CP_I_12

Like (0)

Find us on

https://blogs.sap.com/2013/04/27/steps-for-closing-period-mm-fi-co/ 9/10
5/7/2020 Steps for opening and closing period – MM FI CO | SAP Blogs

Privacy Terms of Use

Legal Disclosure Copyright

Trademark Cookie Preferences

Newsletter Support

https://blogs.sap.com/2013/04/27/steps-for-closing-period-mm-fi-co/ 10/10