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 Initializing the Period Locate this document in the navigation structure

Procedure

  1. Access Customizing for the Material Master and choose Maintain Company Codes for Materials Management .

  2. The overview screen appears.

  3. For each company code you want to maintain, specify the following data:

  4. - Fiscal year of the current period

    - Current period (for example, the current calendar month)

  5. Save your data.

Result

The current period and the indicator allowing posting to the previous period (backposting) are set, and the control record is created. The control record contains the following information:

  • Current period

  • Previous period

  • Last period of the previous year

If you do not want to allow data to be posted to the previous period, see Disallowing Posting to the Previous Period .