How to define variants for open posting periods in SAP S4 Hana

You can define variants for open posting periods in SAP S4 Hana by transaction code or menu path

  • SAP IMG Path : SAP Customizing Implementation Guide > Financial Accounting > Financial Accounting Global Settings > Ledgers > Fiscal Year and Posting Periods > Posting Periods > Define Variants for Open Posting Period
  • Transaction code: OBBO

Step 1: Execute transaction code “OBBO” in the command field to maintain variants for open posting periods in SAP Hana

OBBO transaction code - variants for open posting periods in SAP Hana

Step 2: In the next screen, change view “Posting Periods: Define Variants” click on the new entries button to create posting period variants in SAP S4Hana.

Posting period variants new entries in SAP S4 Hana

Step 3: On new entries of posting periods variants creation screen, update the following details

  • Variant: Enter a new key that defines the posting period variant in SAP S4Hana
  • Name: Enter the descriptive text of the posting period variant

Define Variants for Open Posting Periods in SAP S4 Hana

After maintaining the required details for the posting period variant, click on the Save button and save the data in the SAP S4Hana system.

Successfully we have defined variants for the open posting period.