In this topic, we described about the Posting Period Variant and Create Posting Period Variant process along with technical information.
Posting period variant are used to specify which company codes are open for posting. Posting period variants are cross-company codes and must assign them to company codes.
The posting periods are opened and closed simultaneously for all company codes via the posting period variants. One posting period can be assigned to one or more company codes. But one posting period assigned to one company code makes the job easier.
Create Posting Period Variant: -
Below process is to create posting period variant TPPV (Test Posting Period Variant).
Step-1: Enter the transaction code OBBO in the SAP command field and click Enter to continue.
Enter the transaction code SPRO in the SAP command field and click Enter to continue.
Click on SAP Reference IMG.
Expand SAP Customizing Implementation Guide → Financial Accounting → Financial Accounting Global Settings → Document → Posting Periods → Define Variants for Open Posting Periods . Click on Execute.
Step-2: In the next screen, select activity New Entries on the application bar.
Step-3: Enter the below details in the next screen.
- Unique Posting Period Variant Key
- Description for the Variant
Step-4: Once all the details entered, click on the Save button to save the changes.
Step-5: It prompt for the Change Request. Create/Select the change request and Click on right mark to proceed.
Step-6: Status bar displays the below message once the posting period variant created successfully.
Technical Information: -
- Transaction Code: - OBBO
- Navigation path: - SPRO → SAP Reference IMG → SAP Customizing Implementation Guide → Financial Accounting → Financial Accounting Global Settings → Document → Posting Periods → Define Variants for Open Posting Periods