At the end of the month ,the new period will be opened and closes the last period in Material Management.Following are the steps below.

To Open the Period in MM

T-code : MMPV

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Enter the company code  and enter the period and fiscal year or the date and execute

Period closing log will be issued as shown below in the screenshot.

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To check the current Period

T-code : OMSY

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ABp indicator shows tick marked to allow posting for the previous Period.

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