Creating Field Status Variant

Spro-FA (New)-FAGS(new)-Ledgers- Field-Define Field Status Variant

(Copy the standard variant 001 and create a new one )

Select 001 click on copy and save

Assign Field Status Variant to Company Code.

Spro-FA (New)-FAGS(new)-Ledgers- Field-Assign Field Status Variant to company- New

Click on Position put your company code and put your Variant created & Save.
Maintain Fiscal Year

Spro – IMG- Financial Acc -FAGS-Fiscal Year & Posting-Maintain Fiscal year
Std – V3 , Copy V3 and rename it with your choice.
Special Period – 4 Special year period are given for audit

Generally, 4 Special period are given for 4

Quarter but its not necessary that companies
have quarterly audit so one special period can
also be used to pass all adjustment entry in
the case of march end audit.

Year Dependent is April to March and

Calendar Year is Jan to Dec

Tick the year Dependent or calendar year for

shorten the year, we put tick

Eg – 25 days working in Dec

Period – In period we define month day and period ,Month will be 1,2 to 12, Day will be
numbers of day in month 30,31….31, Period will be 1 for April 2 for May ,,,12 for March (April-
March), Year Shift will be “0” for April to Dec and “-1” for Jan to March (As the year changes we
indicate it by -1 as it is to be consider as last year)
Period Text – Its just a short text
for month.
Assign Fiscal Year to Company

Spro – IMG- Financial Acc -FAGS-Fiscal Year- Fiscal year & Posting - Assign Fiscal year & Posting

Define Variant for Open Posting Period

Spro – IMG- Financial Acc -FAGS-Fiscal Year- Fiscal year & Posting – Posting Period-Define
Variant for open Posting period .
{This is where we create a positing period and in the next step will fill the content}

Click on New entry and create a new variant.

Assign Variant to Company

Spro – IMG- Financial Acc -FAGS-Fiscal Year- Fiscal year & Posting – Posting Period-Assign
Variant to company.

Search company code and assign the variant created above.

Open and close Posting Period.

Over hear we define the open and close period .

Eg If in From Per we enter 2 and to period we enter 2 means the period is open for only May
month
But in below image its 1 to 12 means all 12 periods are open
For special period we have 13 to 16 if we put 13 to 13 means June will be open & If we want to
close the special period put a wrong year like 2000.
To Maintain Open & close we copy the std Acc

+ = Valid for all acc types

A= Asset
K= Debtor
D = Customer
M = Materils
S = GL Acc
V = Contract acc
So we will copy all 001 and create the same for our company by changing 011 to UNON or above
created Variant in above step (This adding content to Varint)

Acc tpye of A,D,K will have Reco Acc as Field (Acc type is sap logic id types of acc0
There will be one GL Acc but wil have different identification number which is know as number
range.
This is created coz every GL has Acc type to be tagged in sap
We can open close psting by Acc type also
“+” should be always open , If “+” is close and other are open it will not work as “+” is main door