7/31/2019 SAP e-book

Unit 2: Master Data

Company Code Initialization

Figure 16: Initializing a Company Code

You initialize a company code in Customizing under Logistics - General→ Material Master→
Tools → Initialize Period( MMPI).
For the monthly closing of an accounting period in materials management, you use the period
closing program. To call this program, on the SAP Easy Access screen, choose Logistics →
Materials Management→ Material Master→ Other→ Close Period (MMPV).

Note:
You cannot reverse the closing of a period by using the period closing program. If
you accidentally close the period, you must re-initialize it (see SAP Note 487381).

LESSON SUMMARY
You should now be able to:
● Define basic settings for material master records

© Copyright. All rights reserved. 28

1/2
7/31/2019 SAP e-book

Unit 2
Lesson 2
Creating Material Types

LESSON OVERVIEW
This lesson explains the different material types and how to create them. It also explains the
meaning of the maintenance status, how to define material status, and the output formats of
material numbers.

Business Example
In an SAP system, you are required to customize processes in individual applications as per
your company’s requirements.
For this reason, you require the following knowledge:
● An understanding of how to create material types
● An understanding of how to assign numbers for material master records
● An understanding of how to manage the output format of a material number

LESSON OBJECTIVES
After completing this lesson, you will be able to:
● Create material types

© Copyright. All rights reserved. 29

2/2