Posting on 13 posting period

Question

Hi experts,
i just closed posting period for the period 2011(jan - dec)
but my posting periods 13 to 16 is open,
still some invoices are pending
i need to enter MIRO transactions on 13 posting period, how it can manage ?
regards,
Sanju M S

Answer 1

Hi
Expert,
check this........
Period management:
You have 2 kinds of period management: in FI and in MM.
Accounting needs to open and close financial periods before they can post in them. They usually have one period per month and one extra per quarter, so totalling 16 periods per year. Their periods do not need to coincide with the calendar.
MM needs to open and close MM periods. These periods reflect periods for statistical reporting. They should coincide with the calendar months. In MM you can only have 3 periods open at any time: the present period/month, the previous period/month and the last period/month of the previous year. The present period should normally be the present month.
The MM period and the FI period are linked indirectly, but not dependent on each other: when you post a document in MM, the MM period is determined based on the month of the document date. When the material document posting requires a financial posting, the FI period is determined automatically in background in the FI document based on the posting date of the material document.
When the MM period is not correctly closed, you'll get messages as you have got. When the present MM period is in the past, you just need to use MMPV to close the periods one by one untill you arrive at the present calendar month. When the present MM period is in the future, you need to use trx MMPI to correct the situation (read the OSS note!).
You can identify whether it concerns an FI or an MM period by the following characteristic: when SAP talks about a period ppp/yyyy (for instance 010/2004) it is talking about FI,