SAP FICO

User manual
Published by Team of
SAP Consultants
at
SAPTOPJOBS
Visit us at www.sap-topjobs.com

Copyright 2009-11@SAPTOPJOBS

All rights reserved. No part of this publication may be reproduced, stored in a

retrieval system, or transmitted in any form, or by any means electronic or
mechanical including photocopying, recording or any information storage and
retrieval system without permission in writing from SAPTOPJOBS
 Opening/Closing Posting Periods in Funds
Management - FMIR

Use
You set this function in Funds Management when you
are working with encumbrance tracking (fiscal year-
based or period-based) in order to control any
adjustments that need to be made to the selected
encumbrance tracking.
You can also stipulate that internal commitments
postings in Funds Management (such as earmarked
funds) and commitments from other components (such
as purchase orders from Materials Management) can
be posted in Funds Management. You do this as
follows:
• Opening the relevant posting periods in the
appropriate fiscal year
• Determining the relevant value types and FM
account assignments in the open posting periods

Note that all posting periods are closed as standard. To

facilitate encumbrance tracking in Funds
Management, you must open the relevant posting
periods.
Features
You can use individual processing or mass processing
when opening and closing posting periods. In both
transactions, you determine the open posting periods
the following parameters for each FM area:
• Budget category (payment budget or commitment
budget)
• Fiscal year
• Value type
 • FM account assignments (funds center,
commitment item, fund)
• Posting periods (from – to)

Individual Maintenance
Individual processing makes it possible to create a very
diverse selection of posting periods and value types in
a table.
If you want to close an open period prematurely when
using individual processing, you delete the
corresponding table entry.
Mass Maintenance
Mass processing is suitable for defining simple rules.
You use it to open or close posting periods for account
assignment area.
If, when using mass processing, you want to close an
open period prematurely, then enter the relevant
account assignment area and set the indicator Delete
definition from the entered criteria.

Menu Path:
Accounting -> Financial Accounting -> Funds
Management -> Additional Functions -> Closing
Operations -> Open and Close Posting Periods / Fiscal
Years -> Individual Processing -> FMIR
Enter FM Area and click

As shown above for each combinations of Budget

category (Payment budget here), Value type (Payments,
Purchase requisition, Down payments etc.) and
Account Assignment Element(Fund, Fund Center,
Commitment Item) we can open the selective posting
periods in a fiscal.

When all the required entries are made,

click Save button

system displays message at the bottom of

the initial screen.

Comment:
When a particular entry is deleted from this table the
period is treated as closed.
 SAP FICO
User manual
Published by Team of
SAP Consultants
at
SAPTOPJOBS
Visit us at www.sap-topjobs.com

Copyright 2009-11@SAPTOPJOBS

All rights reserved. No part of this publication may be reproduced, stored in a

retrieval system, or transmitted in any form, or by any means electronic or
mechanical including photocopying, recording or any information storage and
retrieval system without permission in writing from SAPTOPJOBS