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Former Member
May 02, 2011 at 07:33 AM

MM Period opening

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Why do I need to close the previous period for opening new period.

1. Currently I have a situation where we require both the periods to be opened at a same time. for example, our account closing of Fin Year 2011 has not yet closed due to posting of some inventory items. We are now in the process of adjusting these inventory items by posting them in the month of March and April.

So if I will open May period today, it will automatically close the March period. Which is incorrect in my case. And few GRs for May (1st and 2nd May ) also needs to be done.

Thus , Can I keep March, April and May periods open at a same time.

2. in MMPV, there is a option of " Check peiod only". It indicates similar thing. Can anyone guide on this.

Ajay