What is MMrv in SAP?

MMRV – To Check the Current Period in company and to allow postings in previous periods. It is done when you have to display and view the previous period and current period. It is used to allow posting in a previous period as per your company requirement. Read Here for More SAP MM (Materials Management) Tutorials.

What is Mmrv and MMPV?

MMPV – is for opening & closing the period,. MMRV – is used for allowing or disallowing backpostings to a previous period.

What is MMPV in SAP MM?

MMPV is an activity where you have to close the prevoius period and you tell the system to allow posting in the current period.In MM we can work with two periods that presnt period ( month) and previous month .For example we have to open the JAN then for the given company we can close the DEC.In this way we can post …

How to use MMPV?

Steps for opening and closing Period – MM FI CO

  1. MMRV – View current period / Allow posting to previous period.
  2. MMPV – Close Periods.
  3. OB52 – Change view “Posting Periods: Specify Time Intervals”: Overview.
  4. OKP1 – Maintain Period Lock.

How do you open a MM period?

In MMRV enter the period which you want to open. Go to MMRV and check the current period. Next go to MMPV close current period by period. You can open only one period at a time. If Financial year is from January to December then, period 01 = January and period 12=December in MM periods.

How do you open a posting period in SAP FI?

Go to SPRO → SAP Reference IMG → Financial Accounting → Financial Accounting Global Setting → Document → Posting Periods → Define Variant for open Posting Periods → Execute. It will open a new window. Now, click New Entries. It will open another window, as shown below.

How do I change the posting period on Mmrv?

SAP MM FI CO: Steps for Closing Period

  1. MMRV – View current period / Allow posting to previous period.
  2. MMPV – Close Periods.
  3. OB52 – Change view “Posting Periods: Specify Time Intervals”: Overview.
  4. OKP1 – Maintain Period Lock.

What is posting period variant in SAP?

SAP FI Posting period variant is used to maintain accounting periods that are open for posting and all closed period are balanced. This is used for opening and closing period in the fiscal year for posting purpose. You can assign these posting periods to one or more company codes.

What is OB52 table in SAP?

OB52 (C FI Maintain Table T001B) is a standard SAP parameter transaction code that is used to maintain the contents of V_T001B database table. It does this by executing the table maintenance t-code SM30 in edit mode, assuming you have the appropriate authorisations.

What is a posting period?

posting period. duration of time that an outdoor or transit advertisement is scheduled to be displayed, as specified in a contractual agreement. A posting period is most commonly 30 days, but may also be as long as 12 months.

How do you close a posting period in SAP?

Go to SPRO → SAP Reference IMG → Financial Accounting → Financial Accounting Global Setting → Document → Posting Periods → Open and Close Posting Periods → Execute.

Categories: Trendy