Define Field Status Variants

Define Field Status Variants (OBC4)

Path: Same

Select 0001 field data variants then click on copy as (F6) icon at the time it will be display in the following manner.

FSTV	Field status name
0001	Field status for 0001

Now you have to change in this following manner

FSTV	Field status name
STTV (any 4 code)	Field status for TAST

Press enter key and click on copy all then (tick mark)

Click on save

If you want to view the status group select your field status variants STTV.

Double click on Field Status Group folder then double click on G001 then double click on General Data .

Select Text as Required entry, Assignment Number as Optional entry and others are remaining Suppress.

Double click on Additional Account Assignment Group.

Select Business Area as Required entry and others are remaining Suppress.

Come back click on save again come back

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Open and close posting period

In simple term open period can be refers that a period which are going to start posting. If you do not want to post any business transaction on that particular period we can keep that period in close posting.

Path: Spro → Img → Financial accounting (new) → Financial accounting global settings (new) → Ledgers → Fiscal year and posting period → Posting period.

A)    Define variants for open posting periods (OBBO)

Path: same

Click on new entries

Variants	Name
TEPO (any 4 code)	Posting period variants

      Press enter key and save

      Come back

B)    Open and close posting period (OB52)

Path: same

Click on new entries

Variant	A/C typ	From P1	Year	To P1	Year	From P2	Year	To P2	Year
TEOP	+	1	2008	12	2008	13	2009	16	2009

Press enter key and save

C)    Assign variants to Company code (OBBP)

Path: same

Click on Position

Company code	Variants
TASE	TEOP

Press enter key and save

Field Status Groups

The ‘field status’ of an individual field or a group of field is marked into a Field Status Group which is then assigned to individual GL master records.

Path: Spro → Img → Financial accounting (new) → Financial accounting global settings (new) → Ledgers → Fields

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Assign company code to fiscal year variants

Assign company code to fiscal year variants (OB37)

To find out your company code click on position and type TAST

Fiscal year variants – TE

Press enter key and save

Come back to easy access

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Fiscal year Variants

Fiscal year variants helps in defining the relationship between the calendar and fiscal years, it is specifying the number on of posting periods and special posting periods required in fiscal year. There can be maximum 12 posting periods and 4 special periods in General Ledger (GL) accounting.

Special Periods: Besides the normal 12 posting periods, SAP allows for defining maximum of 4 more posting periods it is known as special periods. This periods is used for year-end closing activities.

Path: Spro → Img → Financial accounting (new) → Financial accounting global setting (new) → Ledgers → Fiscal year and posting periods → Maintain fiscal year variants

Click on new entries

FV	Description	No. posting	No. posting period	No. special period
TE	Apr-Mar 4 – spl	12	12	4 (maximum)

Press enter key

Select your fiscal year variant code (TE) and double click on period folder

Click on new entries

Month	Day	Period	Year shift
04 (April)	30	1	0
05 (May)	31	2	0
06 (June)	30	3	0
07 (July)	31	4	0
08 (Aug)	31	5	0
09 (Sept)	30	6	0
10 (Oct)	31	7	0
11 (Nov)	30	8	0
12 (Dec)	31	9	0
01 (Jan)	31	10	-1
02 (Feb)	28	11	-1
03 (Mar)	31	12	-1

Press enter key and save

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Fiscal year settings

Fiscal year settings (OB29)

Fiscal year is nothing but period – normally made up to 12 month for which company draw up their financial statements and values their inventory. There is no any condition regarding the fiscal year is a calendar year or non-calendar year and also the fiscal year is need not necessarily to contain 12 month (periods), in case if the fiscal year is less than 12 periods then its called shortened fiscal year. 

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Define Business Area

Define Business Area (OX03)

In FI this internal organisational units represents a separate operational responsibility. Separate business area financial statements (both Balance sheet and P&L statements) can be created for internal purposes.

Path: Spro → img → enterprise structure → definition → financial accounting → define business area.

Click on new entries

Business Areas	Description
TAHY	Hydrabad
TAPU	Pune
TACU	Calcutta

Press enter key and save

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Assign company code to company

Assign company code to company (OX16)

Path: Spro → img → enterprise structure → assignment → financial accounting → assign company code to company.

Click on position

Company code – TAST

Code               Copmany

TAST              TATAGC

Press enter key and click on save.

Click on continue button

Come back to easy access

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