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Author's profile photo Swati Balani

Manage Posting Periods – Cost Accounting in SAP S/4HANA Cloud

Welcome to this blog post on Manage Posting Periods – Cost Accounting in SAP S/4HANA Cloud.

We saw some queries on this new app and the difference between the old and the new app so providing more details to clarify your doubts.

 

You can use this app Manage Posting Periods – Cost Accounting to

  • Open and close fiscal periods for cost accounting transactions
  • Display the status of CO periods – open or close

  • Open or close CO periods by company code

  • Open or close CO periods for specific business transactions types by company code

  • Schedule background jobs to open and close posting periods

 

Now we see the earlier already existing app – Manage Posting Periods

This app allows you to open or close fiscal periods for both finance and controlling transactions and for normal as well as special periods.

To Open Periods, click on Set Posting periods at the bottom of the screen –

Select a posting period variant item that you want to change, and choose Set Posting Periods > Open Periods.

Change the fiscal year period to open a posting period and save.

The process can also be scheduled to avoid manual periodic intervention. To schedule background jobs, choose Set Posting Periods > Schedule Recurrence.

Opening a posting period will automatically close the previous period.

In addition to normal periods, you can change adjustment periods for authorized users (by the authorization group field) and CO periods to meet your needs.

But as you notice above, it does not allow you to open or close periods on business transaction level with this option.

When you want to open and close fiscal periods for cost accounting transactions especially for individual business transaction types, you can select the CO Period Status tab in the footer bar which will then take you to the new Manage Posting Periods – Cost Accounting app we discussed above.

 

 

 

 

 

 

Hope the difference between the two Fiori apps is clear.

You can find more information on this help site.

Do let me know if you have any more questions on this topic by writing in the comments section.

 

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      3 Comments
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      Author's profile photo mahesh bodduluri
      mahesh bodduluri
      Hi Swati,

      All business transaction types are not showing in the Cost Accounting app For example: APAD Univ. Allocation PC Act. Dist.

      While doing the Actual Profit center allocation through Manage allocations FIori app Iam getting the below error:

      Period 012 / 2021 is closed in company code 6501 for transaction type APAD

      System Response

      Period 012, fiscal year 2021 is closed in company code 6501 for business transaction type APAD

      Procedure

      The system does not allow the posting.

      Procedure for System Administration

      Please maintain the period lock with Fiori app Manage Posting Periods -  Cost Accounting for the affected business transaction type.

      Message no. FINS_BTTYPE_CHECKS001

      Kindly guide Is there any procedure to activate APAD Univ. Allocation PC Act. Dist Business transaction type?

      Thanks,
      Mahesh.
      Author's profile photo Steffen Mallwitz
      Steffen Mallwitz

      Please check SAP-Note

      3100233 

       

      KR,

       

      Steffen

       

       

      Author's profile photo mahesh bodduluri
      mahesh bodduluri

      In the below screen shot Open field is in grey mode