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Open and Close Periods in Posting Period Variant in SAP

In this SAP FICO, we have described the step-by-step procedure Opening and closing periods in posting periods variant k SAP with proper screenshots

Posting periods can be defined in fiscal year variants. Posting periods can be open and closed for posting. As many periods as required can be open for posting simultaneously.

Typically only the current posting period is open for posting, all other posting periods are closed. At the end of the current posting period, the period is closed and the following posting period is opened.

How to Open and Close Periods in Posting Period Variant in SAP?

Please follow the steps below to open and close the period in the posting period in variant in SAP:

Enter t-codeS_ALR_87003642 in the SAP command field and click Enter to execute it.

S ALR

Next, choose the Posting Period Variant for which you want to open and close the periods

Posting Period

 On the next screen, click on New Entries on the application bar as shown in the image below.

New Entries

In the next screen, Position the Variant you want to maintain and account type for which you want to open or close the periods.

Change the period , with following steps

  1. Select Account Type
  2. Enter the Account number range for which you want to change the periods
  3. Enter the Period to Open as per the Fiscal Year Variant of the Company Code assigned to the Posting Period Variant.
  4. Enter the Period to which posting to be Open
  5. Enter Any Special Period you want to Open

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