Maintain company codes for MM

The day we assign the plants to the company code, we have to do the settings i.e.,,
  in Maintain company codes for MM(T-code : OMSY).
1.What's the siginificane(importance) of this?
2.I have assigned the plants to the company code today,
   but forgot to do the settings on the same day i.e.,. maintain company codes for MM?
   Now what should i do?

Hello Pavan,
When you create a material master record, the control record must exist for the company code so without maintaining period in OMSY you will not be able to create the material master record.
To Allow backposting or Disallow backposting you need to maintain indicators in this transaction.
You can use, MMPV/MMPI if you missed out this setting.
Hope this helps.
Regards
Arif Mansuri

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