Period end shift

The finance module works with periods. Mostly this is a calendar month, but it can also be a period of 4 or 5 weeks.

In a productive system the business Finance team will take care of month end closing and opening of new financial period.

In a sandbox or development system this might not be done. As a result logistical postings might fail with a message that the financial period must be opened.

Initialization of financial periods: MMPI

To initialize the periods in a newly installed system, start transaction MMPI:

Only run in newly installed systems!

Background and warning notes:

Period shift: MMPV

The shift the period with one month, start transaction MMPV:

MMPV relevant OSS notes: