MM year end closing

MM year end closing
To prepare the system for the new fiscal year, you need to organize the data and take all the necessary actions to close the current year. The MM (Materials Management) module contains key transactions for this process. Below you will find their complete list. Read it to be ready for the accounting challenges coming in the new year.


What transactions should be used to prepare the year-end closure for the MM module?

Step-by-step guide

  1. Stock in transit check (MB5T)
  2. Verify balance of the GR/IR account (MB5S)
  3. Open Inbound Deliveries check (VL06L)
  4. List of not verified MM Invoice Documents (MIR5)
  5. Verify the number ranges of Material Documents for certain year (OMBT)
  6. Verify the number ranges of Invoices for certain year (OMRJ)
  7. Closing period and opening a new one (MMPV)
  8. Factory calendar update (SCAL)
  9. Verify open periods (OMSY)
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Use the listed transactions for the MM module to perform a correct and complete year-end closing. Do you have any doubts or questions about this process? We offer the support of an experienced Hicron consultant who knows all the secrets of the SAP system. Contact us for professional support.

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