Introduction

The Posting Period Variant is used to maintain the opening and closing period in the fiscal year for posting purposes. To learn how to a create Posting Period Variant, click < link to Create Posting Period Variant>

In this article, we will learn how to open and close periods in Posting Period Variant.

How to open and close periods in Posting Period Variant?

T-code: S_ALR_87003642

Path:

SPRO → SAP Reference IMG → Financial Accounting → Financial Accounting Global Setting → Posting Periods → Open and Close Posting Periods → Execute.

Steps:

1. Go to the t-code or follow the path.

2. Click on New Entries.

3. Provide details:

1. 1. Var: Posting period variant
   2. Account type
      1. ++=Valid for all account types (masking)
      2. A = Asset
      3. D = Customers
      4. K = Vendors
      5. M = Materials
      6. S = General Ledger Account
   3. From Account/To Account: Account range
   4. From per.1: Starting Period
   5. Year: Year
   6. To Period: Ending period
   7. From Period2: First special period
   8. To period: Period
   9. Authorization Group: To open a period for a particular user.

Note: All the other periods will remain close for posting for the defined account number range.

4. Click on Save