Open PO's after new financial year ??

hii
If we have some open PO's after year end .(New financial year got opened )
In this case , we ahve to open new MM period using MMPV.
What are the impacts will be there in SAP system, how to proceed further.
Thanks

hii
Can u tel me , the steps has to be carried out in MMPV and OMSY.
Once the new Period got opened in MMPV , how to proceed furthere with ur solution.
Anthony said , there is no problem .
can soem bosy explain me the step in MMPV and OMSY??
Thanks

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