I want to know at what date current material period is opened

I want to know at what date current material period is opened
How I can find this.

Hi,
Its all depends on business and business owner decision. There are few options available by business and company follows it.
Option- > 1: Few Companies follows it strictly by having a u201CScheduled Programu201D for background job for closing period /opening new period at by sharp time (31st mid night at 12.00AM ie,.,,,,,,1st date of  1st minutes of the month)
Option- > 2: Few Companies follows every month 1st day or as per business needs all transaction needs to be posted till 1st day till 6.00PM
Option- > 3: Few Companies follows to wait two or three days every month as per business needs all last month transaction needs to posted.
You can cross check the details of new opening period with date of opening  in MMRV table in t.code: SE16
NOTE: Do not reset anything in OMSY. In OMSY setting is done once for all to company code for material management.
Regards,
Biju K

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