SAP ERP systems were designed so that business can be conducted in an efficient way. Various documents like purchase order, request for quotation, goods receipt are essential documents in a business. These documents need security i.e. if any of documents is posted incorrectly then business can be affected at various concern levels. So, to secure these documents we have a concept of posting period. Posting period means it will allow you to post and make changes in the documents only in a specific time period. Sometimes you will get error like posting allowed only in this time period for a certain company code. This means for a particular company code posting period is maintained and posting to that document is only allowed within that period. Posting period for a company can be defined using five fields which are as follows:
  • Maintain Fiscal Year Variant
  • Assign Fiscal Year Variant to Company Code
  • Define Variants for Open Posting Periods
  • Assign Variant to Company Code
  • Open and Close Posting Periods

Maintain Fiscal Year Variant

Fiscal year variant is the time period during which financial statements are withdrawn for the company. Different companies have different fiscal years. Fiscal year variant can be maintained by following the below steps.
Path to maintain Fiscal Year Variant:
Financial accounting => Financial Accounting Global Settings => Ledgers => Fiscal Year and Posting Periods => Maintain Fiscal Year Variant
TCode: OB29



Serkan AKKAVAK
Computer Engineer
ABAP Developer & SAP MM SD Consultant
Contact : serkurumsal@yandex.com