Posting Period Variant (PPV)
We have previously defined a fiscal year variant and assigned it to the company code. Similarly, posting period variant is used to assign to the company code. Posting period variant controls which accounting period is open for postings, PPV can be assigned to one or more company codes.
Path: SPRO - Select SAP reference IMG - Financial Accounting - Financial Accounting Global Settings - Document - Posting Periods - Define Variants for Open Posting Periods (transaction code is OBBO)
In the Sap Reference IMG activity select the menu path
Step 1) Select the New Entries button
Step 2) Populate the following fields: Variant and Name
Step 3) Select the save button
press enter to save in the request
You have defined a Posting Period Variant.
We have previously defined a fiscal year variant and assigned it to the company code. Similarly, posting period variant is used to assign to the company code. Posting period variant controls which accounting period is open for postings, PPV can be assigned to one or more company codes.
Path: SPRO - Select SAP reference IMG - Financial Accounting - Financial Accounting Global Settings - Document - Posting Periods - Define Variants for Open Posting Periods (transaction code is OBBO)
In the Sap Reference IMG activity select the menu path
Step 1) Select the New Entries button
Step 2) Populate the following fields: Variant and Name
Step 3) Select the save button
press enter to save in the requestYou have defined a Posting Period Variant.