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Former Member

MM Period opening

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

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4 Answers

  • Best Answer
    May 02, 2011 at 08:05 AM

    Hi dear,

    This is never possible you can keep 2 periods open at a time.So generally u can kepp current ans last period open.

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    • Hi dear,

      Ideally u have to close the current period and open the next perio.Say ur current period is 1.

      But with check period system will only check the current period it will not close the current priod 1 and open next period 2.

      The situation will remain as it is.

      If required u can try this option on ur DEV or QAC server.

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    Former Member
    May 02, 2011 at 07:37 AM

    Hi,

    It is not possible to keep open 3 periods in MM, you can keep open 2 periods only in MM.

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    Former Member
    May 02, 2011 at 09:41 AM

    Hi,

    In MM you can open only two back month posting not 3.

    Once you close posting period of march & you want to posting for same month then its possible for only one day by MMPI

    transaction code.

    Regards

    Rakesh

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    Former Member
    Jun 04, 2011 at 10:33 AM

    Assumed Answered.

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