Multi period closing functionality in BCS.

How does multiperiod closing functionality works in BCS.
If I want to perform consolidation on "monthly' and on 'quarterly' frequency is it useful?

I have checked /gone thru that.
Most of the function required to be executed to be executed on monthly except COI function, which is required to done on quarterly basis with quarterly data only.
If I execute in last period of the month , once the last period data will be considered for execution? That is why thought that will keep the monthly and quarterly as a period.
Also keeping the quarter as a period helps a lot in quarterly report generation.

Similar Messages

  • Period Closing in Oracle HRMS

    Good day,
    I just would like to inquire if there is a period closing functionality in Oracle HRMS as well (similar to that of the other Oracle applications, Oracle AP)? Is there a way I can limit users from creating entries (say, absence entries) from the previous periods? Kindly advise. Thank you so much in advance.
    Best Regards,
    Jeanette Bago

    Hi Subhasish,
    Will this also restrict users from creating absence entries and making changes to records (people, assignment, salary) with dates effective during the closed periods? Or this setup will only apply to transactions processed within the payroll module. Thanks in advance.
    Best Regards,
    Jeanette Bago

  • Periods Closed as Default instead of Peiord Open as Default

    It is the default in BCS monitor that the period is open and must be manually closed. However, for ECC Financials just the oposite is typically the case. In the implementation of BCS we would like to set the default to have all periods closed with the opening of a period to be administered manually.
    Has anyone found a way to acomplish this or something similar?

    Hi Dan,
    Periods in BCS is open by default. There is nothing like open period process.
    However if you want to close the default period and open only as you need, should not be a problem.
    But not sure why SAP has delivered the product with this feature. Does it serve some specific purpose not sure.

  • Material Master Period closing:

    Hey Gurus,
    Currently we are running MMPV globally which causes few issues regularly.
    Hope running MMPV locally would fix these.
    Splitting the MMPV transaction event (by world time zones) would be a major piece of work to establish the impacts on other processess (such as billing, intercompany accounting, consolidation, standard costing runs and actual costing runs). Needless to say, such a change would need to involve multiple functions (Procurement, sales, finance).
    Immediate response in this regard in highly appreciable,
    Regards,
    KK

    You may refer to  note 520010 that has a FAQ on period closing, which recommends not to allow posting while period closing is being done.
    (My comments: You may trying closing the period following the Sun, However you may want to monitor the inter-company transaction closely to avoid any inconsistencies.)
    The note's content is reproduced below.
    "6. Question:
    After the period closing program runs, data inconsistencies occur in the previous period, although the data of the current period is consistent. What causes this?
    Answer:
    The following example describes a rare case that causes a large amount of data inconsistencies. During the period closing program run, the processing of a small MM document overtakes the processing a large MM document.
    Constellation:
    - In Customizing for materials management, "Late Lock" is activated.
    - In period closing for the material master (transaction MMPV), periods are closed during the interval between the last day of the old period and the first day of the new period.
    Example
    Date July 30, 2005, time 23:59
    - You begin processing MM document 1, an IDoc consisting of 1200 items.
    - Its posting date is July 30, 2005 and posting should occur in the current period.
    Date July 31,.2005, time 00:00 - 00:01
    - The period closing program runs a day before the current period 07 is finished and changes the current period from 07 to 08.
    - Therefore, all future goods movements and price changes with a posting date of July 31, 2005 are posted in the previous period.
    Date 31.07.2005, time 00:02 - 00:03
    - The system processes and updates the next MM document (2), an IDoc with 100 items.
    - MM document 2 contains goods movements that have combinations of material and plant that are the same as for MM document 1.
    - The posting date is to 31.07.2005, that is, MM document 2 is posted in the previous period 07.
    - The posting of MM document 2 causes the system to create history tables of the material masters that are to be posted for period 07.
    - During the posting of the previous period, the quantities and values are updated simultaneously in the history tables of period 07 and the tables of the current period 08.
    Date July 31,.2005, time 00:04
    - MM document 1 is posted and its processing is complete.
    - At the start of processing, the system determined that this document, with a posting date of July 30, 2005, is to be posted into the current period.
    - During the processing of this document the period is closed, but the posting program does not know this.
    - MM document 2 has updated the entries for the current period, however this is now 08.
    - The data in the history table of period 07 is now inconsistent as is the data for all the combinations of material and plant that are contained in MM documents 1 and 2.
    Conclusion
    <b>To avoid this constellation, do not allow any postings to occur whilst the period closing programs is running.</b>
    Before the period closing program runs, check in transaction SM13 whether outstanding update terminations of goods movements are still displayed. These must be cleared and closed before the period closing program runs.

  • REport on Monthwise period closed.

    Hai SAP gurus
    Could u please help in getting the report on
    Mothwise period closed (ie.,  date on which the period have been
    closed for any entires)
    Though i tried through  S_ALR_87003642 - Open and Close Posting Periods . I Could not get the exact date on which the period was closed for the month.

    Hi,
    You can try this.
    From the same screen as open and close posting periods....Menu bar---->utilities----->change logs.
    Aravind

  • Posting period on status "period closing" allows enter goods receipt

    Hi to all:
    My customer is having the problem that the posting periods that is on status "period closing" allows users to save goods receipt and goods issue that DON'T have the authorizations under:
    1) General / Period status: Unlocked Except Sales
    2) General / Period status: Closing Period
    But any other kind of marketing document, journal entry, shows the error correctly:
    "user is not authorized for data entry in posting periods with status 'Closing Period'. Contact your Administrator"
    According to the Help of SBO, the period status authorizations are:
    "Unlocked Except Sales u2013 all types of transactions and documents, except for the documents under the Sales u2013 A/R module."
    "Period Closing u2013 users who have period closing authorization can post all types of transactions and documents."
    We are using Period Closing option for example in May, but even i dont have the authorizations for these options, and i can enter goods receipt and goods issue without problems, is this normal? and Why?
    I only think it could be that goods issue and goods receipt is seen like a stock fix transaction but im not shure about this.
    I have tested this in PL42 and PL46, thanks a lot for your help.

    Hi Carlos,
    The issue mentioned seems to be related to Note No.  :  [1274415|https://websmp130.sap-ag.de/sap(bD1odSZjPTAwMQ==)/bc/bsp/spn/sapnotes/index2.htm?numm=1274415].
    You can check whether it is same or not.
    Regards,
    Jitin
    SAP Business One Forum Team

  • COPA Assessment Cycles and FI Period closing.

    Hi Gurus,
    I have question related to the COPA Assessment cycles.
    We have closed the FI Period 03 and running the COPA Assessment cycles. while running the same, for few of the assesment cycles are completed and for the rest of the few  cycles it is error out stating the Period is closed.
    Why it is running successfully for few cycles and why it is complaining for Period closing for the others. We are on ECC 6 Version of SAP.
    Error out cycles contains Cost accounts and Asset Account GL Accoutns.

    Hi:
    If your CO allocation has some external postings (like GL or fixed assets) or generating some intercompany documents, then it needs FI to be open also. It happens sometimes if the allocation goes external so it would need fI period to be open also. If FI is close but CO is open, it would only work for CO specific allocations and others would error out.
    Please check the cycle/segment which is in error. If it is suppose to hit FI, then FI (OB52) and CO (OKP1) periods should be in sync.
    Thanks.
    Rahul

  • MM Period Closing

    Guru
    Activity Involed in To close the Period at the time of finacial year closing
    Give the Transation code used to close the Year end in finacial & MM
    Thanks
    Sudhir

    The Number Range maintenance activity is to be carried out at the end of financial year.
    Accounting Documents Number range using FBN1 or OBH2
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    J_1IBOND
    J_1ICERT
    J_1ICHLNNO
    J_1ICONPLA
    J_1IDEPINV
    J_1IEXCEXP
    J_1IEXCINV
    J_1IEXCLOC
    J_1IEXCTST
    J_1IEXINEX
    J_1IINTNUM
    J_1IINTPR2
    J_1ILIC
    J_1IPLA2
    J_1IRG1
    J_1IRG1_T
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  • Opening period & Closing, Exchange Rate Maintenance in PROD

    as we all know the production is non-modifiable system, how we able to maintain the period & closing, Exchange Rate Maintenance in system. as the system give message "non-modifiable

    Hi,
    to continue to above suggetions, if you are not having authorisation in prod, then you close the period in quality server with new request and transport it to production. This is with the help of basis guy. make sure that the quality system is updated with production.
    This will helps to solve your problem.
    Assign points if useful.
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  • Reopened Period Closed with MMPV

    Hi, experts
    Is there a way to completely reverse the period closed with MMPV?
    Here is the scenario: the cost estimate is marked in period 7, after that the MMPV is done to open the period 8.
    Now, the standard cost estimate can't be released in period 8
    I have read the note 487381 regarding the re-opening the closed period for posting, but if ML is active, i don't think even MMPI is useful to reopen the period. Any suggestions?
    Thank you very much for your help
    BR, Erwin.

    Hello Erwin,
    Yes you can not reset period using transaction MMPI if material ledger is active. In that case you would need to deactivate material ledger ie. cancel production startup and proceed. However, only try this solution if this is a test or development system. You may refer to note 108374 for the same.
    However, if you are already in period 8 and you can post to prior period ie. 7 and you do not need to make any postings in period 6 then I would suggest you stick to period 8 until 31st Aug and then close period 8 in september.
    BR // SG

  • Posting period closed"

    Hi,
    My period is open till august 2008..
    Still i am able to receive goods at current date i.e. 3.11.2008.
    There is no error coming as " posting period closed"
    tx
    uts

    hi,
    there could be few possible reasons:
    1. Check the Message no 053, has been made as warning/no message in OMCQ....
    2. check the current open periods in OMSY for your co. code...if its open for Sep. then you can post ...by using the perivious posting allowed indicator in MMRV...
    3. It may be possible that your periods are open till nov.
    Pls check..
    Regards
    Priyanka.P

  • Multi Row Variable Functionality In Contracts - Looking for a White Paper

    Hi,
    We applied the following Patch 13877401: 12.1.3 Rollup for Oracle Contracts Core, we're looking for complete documentation about multi row variable functionality in Contracts.
    Oracle Procurement Contracts Release Notes, Release 12.1.3++ (Doc ID 1467140.1) , doesn't give enough information.
    Thanks

    Hi,
    you stated it correctly that the calendar shows up in case of a keydate and in case of a single value but not in case of a range.
    in addition the underlying characteristic needs to be type DATS
    Ingo
    Edited by: Ingo Hilgefort on Dec 8, 2009 1:35 PM

  • Closing function problem

    I'm using Eclipse 3.0.1 developing an RCP client software. I'm definitely a Java beginner to ask this question. I've tried to search for closing methods in as much classes as I could but none matched my requirements.
    Problem: I'm trying to write a closing method for a string. What I want to achieve is to close ViewB when ViewA is closed.
    The function that I wanted to emulate looks like this:
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    if(part instanceof ViewA){
    try {              
    getSite().getPage().showView( EplyViewsConstant.ViewB,null,
    IWorkbenchPage.VIEW_VISIBLE);
    } catch (PartInitException e) {
    // TODO Auto-generated catch block
    e.printStackTrace();
    Note: What the function above does is actually whenever ViewA is activated, the function will try to show ViewB.
    Hence, my problem is how to write a closing function for the following:
    public void partClosed(IWorkbenchPart part) {
         if(part instanceof ViewA){
    //Closing function to close ViewB where string is
    EplyViewsConstant.ViewB
    Thanks for your time you guys...Cheers

    Something like:
    public void partClosed(IWorkbenchPart part) {
    if (part instanceof ViewA){
    try {              
    getSite().getPage().closeView(EplyViewsConstant.ViewB
    } catch (PartxxxException e) {
    // TODO Auto-generated catch block
    e.printStackTrace();
    Dear Franck_Lefevre,
    The problem it seems would be that "closeView" function doesn't exist under IWorkbenchPart class or any other classes I've searched. I've also looked for other "close" functions in other classes but the fact that only boolean parameters can be used also poses a problem. Furthermore, my problem is also hampered by the fact that my parameter is a string "EplyViewsConstant.ViewB". Anyone has any suggestions on this?
    Cheers

  • FI & MM Period closing dependency

    Hi,
    Is MM & FI period closing is dependent?
    One scenario:- 
    MM Period is open for last & current month.FI period closing is to be done for last month in 1st week of every month.Will it create any problem for MM transactions( for MIGO & MIRO)?
    Rgds,
    NB

    Hi,
    No, there won't be any problem at all in this case.  The fact is that there are many activities which takes place between MM-related month end closing (via Transaction MMPV) and FI-related account closing (and therefore, they can't be run at the same time) such as
    Stock reconciliation;
    Account reconciliation etc....
    Cheers,
    HT

  • Override closing function of a swing form

    how do i override the closing function of a swing form ?

    badescuga wrote:
    how do i override the closing function of a swing form ?Well, if by 'swing form' you mean a Swing based JFrame, then its closing operation can be set using [JFrame.setDefaultCloseOperation(int)|http://java.sun.com/javase/6/docs/api/javax/swing/JFrame.html#setDefaultCloseOperation(int)]. Once we provide the DO_NOTHING_ON_CLOSE value, we can directly add a WindowListener to the JFrame and do whatever custom closing operations are required, in the various methods of the listener.
    If you want to know how to do that in Yourbeans IDE, consult the help, or a Netbeans forum.

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