How to define Variant for Open and Close Posting Periods / SAP OB52

The following will help you to define Variant for Open and Close Posting Periods

Basis of open and close Posting Periods format: – The posting period is maintained according to account type and the year which is to be open and which is too closed. It’s used to control accounting period for opening of posting and ensuring the closing period should remain balanced and reconciled.

Path to create open and close posting periods: –

Implementation Guide for R/3 Customizing (IMG) – > Finance Accounting – > Finance Accounting Global Settings – > Documents – > Posting period – > Open and close posting periods.

Transaction code for Open and Close posting periods: – OB52

Step 1: – Type SPRO in the commend field of the SAP Easy Access Menu Screen and press enter key on the keyboard

sap 2.4.1

Step 2: – Click SAP Reference IMG

sap 2.4.2

Step 3: – In the next screen follow the menu path to Define Variant for open and close posting periods

sap 2.4.3.

Step 4: – click on new entries to Define Variant for open and close posting periods

sap 2.4.4

Step 5: – In the next screen update the required data as described below

sap 2.4.5

  1. Variant: – Enter four digits Posting Period Variant Code
  2. A: – Select Account type (A)

+ = Valid for all Account types (masking)

A = Assets

D = Customers (A/R)

K = Vendors (A/P)

M = Materials

S = General Ledger Accounts

  1. Form Account: – Keep Blank
  2. To Account: – Update Account
  3. From Period 1: – Enter Starting Period
  4. Year: – Enter year
  5. To period: – Enter Ending Period
  6. Year: – Enter Year
  7. From Period 2: – Enter First Special Period
  8. Year: – Enter Year
  9. To period: – Enter Special Period
  10. Year: – Enter Year
  11. Authorization Group (Au Gr): – You can Assign Authorization groups in which some points can only be opened for particular users.
  12. Click on save icons to save the define open and close posting periods

So now the Open and Close Posting Periods are configured in SAP.

For more details on sap fico online training.

About The Author

Reply