Excise Utilization > MM Period > FI period

[Former Member]

Dear Experts ,

Kindly tell me if it is ok if the utilization can be posted irrespective of the current MM Period ?

Utilization posts an accounting document & Hence the FI period should be open for the posting date

of the utilization activity.

BUT

if the MM Period is not open ... even then the system allows the posting .

IS IT CORRECT ?

Is it required to have both the MM & FI periods open of utilization ??

Regards

Anis

[former_member581212]

hi,

As per my knowledge value adjustments ie. utilisations can be done from the FI side ..

For this you shd have FI period open...

Regards

Priyanka.P

[Former Member]

Dear Anis

Fi period can remain open for the period as desired. Only when there is integratin posting related to Logistics and FI we need the MM period to open for that. Direct FI postings can be doen any time if the FI period is open. You can very well do the FI posting as you wish.

Regards

[Former Member]

Yes u can post the utilization even when mm period closed because as per law u can utilize the credit from perious period ( even from previous fiscal year ) to pay . As only accounting entry is posted FI period should be opened. Post of utilization doc doenot have any impact in mm .