Maintain Company code for Material Management

How to Maintain Company code for Material Management in SAP S4 HANA (T code: OMSY).

Understanding: To integrate FI with MM, it is necessary to maintain the company code with MM while simultaneously keeping two posting periods open.

Maintain Company code for Material Management

Go to T code: SPRO.

SPRO Path – Reference IMG -> Logistics – General -> Material Master -> Basic Settings -> Maintain company codes for MM – Click on Execute.

Maintain Company code for Material Management

Click on position.

Popup will appear, give company code and click on continue button.

Maintain the current year and period, then tick the “Allow Back Period (ABP)” option to open two periods in MM for this company code.

Note: In SAP MM module, we can open maximum 2 posting periods.

Maintain Company code for Material Management

Click on save button.

Maintain Company code for Material Management

Now customizing request prompt will come, select your request and click on continue.

Similar content you may like in SAP FI MM:
  • How to Create Plant in SAP S4 HANA: Click here
  • How to Create Storage Location in SAP S4 HANA: Click here
  • How to Create Purchasing Organization SAP S4 HANA: Click here
  • How to Create Purchasing Group in SAP S4 HANA: Click here
  • How to Create Material Group in SAP S4 HANA: Click here
  • How to Assign valuation grouping code (OMWD) to plant in SAP S4 HANA: Click here
  • What is Valuation Class in SAP S4 HANA: Click here
  • How to open MM posting periods – MMPV – Click here
  • FI MM Configuration – OBYC settings in SAP S4 HANA: Click here
  • How to Create Material master (MM01) in SAP S4 HANA: Click here
  • Extend Vendor (BP) to Purchase organization in SAP S4 HANA: Click here

SAP FICO Configuration topics:


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