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when we use the open and close posting periods

Answer Posted / mohd majid khan

Let me to tell with one example:
Go to transaction code ob52(define open and closed posting
periods) we will define from period 1 to 12 for our fiscla
year instead of giving 1 to 12 give 1 to 3,
and try to post the transaction with f-02 with period 4 you
get the error message that "posting period 004 in currnet
year not open".. it means the periods which your
transactions are made has to be open.
Thanks
Majid

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