S_ALR_87003642 - Open and Close Posting Periods

S_ALR_87003642 - Open and Close Posting Periods

Functionality

In this activity you specify for each variant which posting periods are open for posting. Two intervals are available for doing this (period 1 and period 2). For every interval, enter a lower period limit, an upper period limit and the fiscal year.

You can specify separately G/L account number ranges (as well as sub ledger accounts). To do this, you specify the subledger account type, such as D or K, and the corresponding reconciliation account.

In this way you can, for instance, close postings for customer accounts, but allow postings for vendors and GL accounts.

Scenario

At month end, after Assets, AP, AR and GL ledgers are ready to be closed, maintain this transaction accordingly. Specify the periods allowed for posting.

Requirements

None

Menu Path	Accounting ® Financial Accounting ® General Ledger ® Environment ® Current Settings ® S_ALR_87003642 - Open and Close Posting Periods
Transaction Code	S_ALR_87003642

1.       Double click on S_ALR_87003642 - Open and Close Posting Periods

Change View "Posting Periods: Specify Time Intervals": Overview

2.       To allow postings for all types of accounts (including sub ledgers) in July and August 2002 point a cursor in the row 001.

3.       Update the following fields:

Field Name	Field Description	Values
From per. 1	First Posting Period Allowed (in Interval 1)	Example:  7
To period	Last Posting Period Allowed (in Interval 1)	Example:  8

4.       Click Enter Button  to confirm your entries.

5.       To update the database, click Save Button .

6.       The message bar displays “Data saved”