You might have seen the error message; “Posting only possible in periods 2009/05 and 2009/04 in company code XXXX", when trying to post any Material documents in SAP.
Message no. M7 053
Eg: in MB1C transaction
If my current calendar month is 05/2009; by looking at this error message, you might get confused as why you can’t post it for the current month (05/2009), if the possible posting periods are 2009/05 and 2009/04. This is due to the fiscal year configuration attached to your company code. Let's see how we can identify relevant fiscal year and posting period in SAP.
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Author: Anupa Wijesinghe
Open and Close Periods for MM - OMSY, MMRV and MMPV
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