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Former Member

Fiscal Year Variant V3

Hi Experts,

I am using V3 Variant, ( I don't no how to maintain it ?)

In OB52 I have Maintatined Periods from 1,2008 to 12,2010 and 13,2008 to 16,2010

In MMRV, Current Period is 04,2008.

I have checked Allow posting to previous period.

Now, while doing MIGO

I got the error

Postings only possible in 03/2008 and 04/2008 only..

I don't know the settings to maintain in V3 in OB29 Transaction.

If any one can explain me this, it would be a great help to me.

and if possible send a screen shot that how to maintain periods in V3 Fiscal Year,...

Full Points Assured,

Thanks

Ravi

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8 Answers

  • Best Answer
    author's profile photo Former Member
    Former Member
    Posted on Apr 11, 2008 at 07:06 AM

    Hi,

    you have to enter period 10, 2008 in MMRV.

    so 9 th period closes & 10 th period opensand also the MM periods should be synchronized with FI periods..Set FI periods in OB52 ,OMSY trx..accordingly for your Comp code..

    Edited by: MANI ROOPA SD/MM on Apr 11, 2008 9:08 AM

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  • author's profile photo Former Member
    Former Member
    Posted on Apr 11, 2008 at 07:07 AM

    V3 is April to march,

    Then April 2008, should be period 1,2008

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  • author's profile photo Former Member
    Former Member
    Posted on Apr 11, 2008 at 07:09 AM

    Hi,

    Fiscal Year variant will define how many periods will be there in your fiscal year and their start and end date. (OB29)

    Posting period variant will help you to control in which periods user will be able to post a fianancial document. (OBBO & OB52)

    An enterprises main aim to generate profits from its operations,differnt countries have different accounting periods for reporting profit/loss and pay the taxes. This is a legal obligation to maintain books of accounts of the organization as per country specific accounting year. Therefore every organazation requires a fiscal year variant.

    Posting period : this to control/minimise the clerical mistakes of backdate and future date postings.

    Regards

    Rahim

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  • Posted on Apr 11, 2008 at 07:09 AM

    Hi,

    In OBY6 t.code, you can maintaion Fiscal Year Variant V3 by clicking your Co.Code., But consult your FICO Consultant.Also check OMSY setting.

    Check whats ur period opened now in MMRV and can close period in MMPV.

    Regards,

    Biju K

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  • author's profile photo Former Member
    Former Member
    Posted on Apr 11, 2008 at 07:18 AM

    Hi,

    All the customization you have done is for financial postings along with this you have to open the posting period in MMPV .Please check the posting period in MMPV

    It can solve your problem.

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    • Former Member Former Member

      Thanks Manohar,

      Offcourse, We didn't get any problem with US Based Financial Year i.e., with K4.

      But, I want to know how to work with Indian Based, V3.

      well, to post the MIGO today, what must be the period in MMPV or OMSY.. when I use V3, can you..??

  • author's profile photo Former Member
    Former Member
    Posted on Apr 11, 2008 at 07:17 AM

    If any one using FISCAL YEAR VARIANT V3

    Please tell me the values to be maintained in

    OB52, OMSY, MMRV, and mainly OB29

    Please Attach/Send Screen shots if possible

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  • author's profile photo Former Member
    Former Member
    Posted on Apr 11, 2008 at 08:03 AM

    This Question is not answered,

    to be clear, I will post a new thread on this query.

    Thanks to all.

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  • author's profile photo Former Member
    Former Member
    Posted on Apr 11, 2008 at 09:50 AM

    Raju,

    What is this IDES ??

    Edited by: Ravi Kumar on Apr 11, 2008 3:21 PM

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