RE:[sap-log-mm] K4 fiscal year variant

Posted by Sap Land Monday, 12 September 2011 11:50

Posted by LCC352 (Sr. Mgr, ERP/Financial Systems)
on Sep 12 at 2:50 PM

You should understand how SAP works with respect to materials managment (MM) and the general ledger (G/L).

The G/L has posting periods as does the materials management side. In MM, there are ALWAYS two periods open: "current" and "prior". That could be two consecutive months from 5 years ago, but there are always two periods open. In the G/L, you can have many months open at the same time as you want. You close the MM side with a process that rolls over inventories and closes the oldest period while opening the next one. On the G/L side, you close the periods by changing the date ranges in OB52.

Here is the practical side: A company will probably have two periods open in the G/L, current month and next month (for future postings). However, almost every company I know of does NOT allow posting in prior periods, unless they are doing a restatement of earnings (a bad thing for accountants!). Since prior periods for all types of accounts (including inventory accounts) are closed in the G/L, the only posting allowed in MM is going to be in the current month, because to allow an MM posting in the prior month would change the books of record.

You should know that there are certain moves that will change MM in a prior month even if the G/L is closed, but those moves can have no financial impact whatsoever or they will be stopped due to the G/L not being open.

If you have both areas synched up, you will not get the errors you're citing.

I hope that helps you. - Lou

---------------Original Message---------------
From: Kumara Devan R
Sent: Monday, September 12, 2011 8:50 AM
Subject: K4 fiscal year variant

Dear Friends

Kindly help me out, Am a beginner and am practicing in IDES.
While creating goods receipt i got an error
"For the fiscal Year variant,no period is defined for 12.09.2011"

But while checking using MMRV
Current period 01 2005
previous period 12 2004
last period in previous year 12 2004

Later I tried to close from the period 02 2005 [MMPV]
I got the error "THE SPECIFIED YEAR 2005 IS NOT THE CURRENT CALENDAR YEAR"

Then I tried to change in "MATERIALS MANAGEMENT VIEW ON COMPANY CODES" [OMSY]

The error is "THE COMPANY CODE CAN NO LONGER BE INITIALISED"

Don't know what to do and how to proceed.
I tried the above txs by the replies in lot of website.

Kindly help me out.

__.____._