Basic Settings

Configuration Document
 Basic Settings

Contents
Define Posting Period Variant ............................................................................................... 2

Assign Posting Period Variant to Company Code ............................................................... 2

Open and Close Posting Periods .......................................................................................... 3

Define Fiscal Year Variant ..................................................................................................... 3

Assign Company Code to a Fiscal Year Variant .................................................................. 6

Define Field Status Variant .................................................................................................... 6

Assign Field Status Variant ................................................................................................... 8

Define Number Range............................................................................................................ 9

Assign Number range to Document Types ........................................................................ 10

Define Tolerance Groups for Employees ........................................................................... 11

Assign users to Tolerance Groups ..................................................................................... 12

Define Tolerance Groups for G/L Accounts ....................................................................... 13

Page 1
 Basic Settings
Define Posting Period Variant

Transaction code OBBO

IMG path Financial Accounting →Financial Accounting Global Settings
→Document →Posting Periods →Define Variants for Open Posting
Periods

Enter the above Tcode or follow the given path.

Click on New entry

Enter 4 digit variant codes as mentioned below and save it.

Assign Posting Period Variant to Company Code

Transaction code OBBP

IMG path Financial Accounting →Financial Accounting Global Settings
→Document →Posting Periods →Assign Variants to Company Code

Enter the above Tcode or follow the given path.

Click on position

Give your company code, assign posting period variant as shown above and save it.

\ Page 2
 Basic Settings
Open and Close Posting Periods

Transaction code OB52

IMG path Financial Accounting →Financial Accounting Global Settings → Document
→ Posting Periods → Open and Close Posting Periods

Enter the above Tcode or follow the given path.

Select 0001 posting period variant as shown below.

Click on copy as button.

Change 0001 to TM01 (your Posting period variant code) as specified below.
Enter the period and year.

Press enter and save it.

Define Fiscal Year Variant

Follow the below Transaction code or path

Transaction code OB29

IMG path Financial Accounting →Financial Accounting Global Settings →Fiscal
Year →Assign Company Code to a Fiscal Year Variant

Click on

\ Page 3
 Basic Settings

Enter the details as shown above.

Save it and select the newly created fiscal year variant as shown below

Then double click on period folder (shown left side under fiscal
year variant folder)

Page 4
 Basic Settings

Enter the details as shown above and press enter button.

Save it.

Page 5
 Basic Settings

Assign Company Code to a Fiscal Year Variant

Transaction code OB37

IMG path Financial Accounting →Financial Accounting Global Settings
→Fiscal Year →Assign Company Code to a Fiscal Year Variant

Enter the above Tcode or follow the given path.

Click on Position,

give your company code as shown below

And assign Fiscal year varient T2 as shown below.

Save it and press enter button twice or thrice to avoide warning message.

Define Field Status Variant

Transaction code OBC4

IMG path Financial Accounting →General Ledger Accounting→Business
Transactions→G/L Account Posting→Make and Check Document
Settings→Define Field Status Variants

Page 6
 Basic Settings

Enter the above Tcode or follow the given path.

Select 0001 FSV as shwon below.

Click on copy as button.

Change 0001 to TM01 ans also change the description as shown below.

Press enter button.

Page 7
 Basic Settings
Click on Copy all, press enter button and save it.

Assign Field Status Variant

Transaction code OBC5

IMG path Financial Accounting →General Ledger Accounting→Business
Transactions→G/L Account Posting→Make and Check Document
Settings→ Assign Company Code to Field Status Variants

Enter the above Tcode or follow the given path.

Click on Position and give your company code and press enter.

Assign the Field status variant ans save it.

Page 8
 Basic Settings

Define Number Range

Transaction code FBN1

Enter your company code as shown below.

Click on change interval as shown above.

Click on Insert line/interval

Enter the number range with current year as shown below and save it.

Page 9
 Basic Settings

Assign Number range to Document Types

Note:
❖ Document tpes determines the types of transaction. (e.g. nvoice document, credit note or payment
docudment)
❖ It also control the field status of document posting (only header text and reference field).
❖ It controls the document’s number ranges.

Transaction code OBA7

IMG path Financial Accounting →General Ledger Accounting→Business
Transactions→G/L Account Posting→Make and Check Document
Settings→ Define Document Types

Click on position and give document type SA

Double click on SA document type and assign number range 01 as shown below and save it.

Page 10
 Basic Settings

Define Tolerance Groups for Employees

Note:
Tolerance group/Tolerance limits refers to a way to make sure that employees do not exceed their limits
(interims of amount or discounts) in financial transactions.

Transaction code OBA4

IMG path Financial Accounting → General Ledger Accounting → Business
Transactions → Open Item Clearing → Clearing Differences →
Define Tolerance Groups for Employees

Enter the above Tcode or follow the given path.

Click on and fill up the details as mentioned below.

Page 11
 Basic Settings

Save the changes.

Assign users to Tolerance Groups

Transaction code OB57

IMG path Financial Accounting → General Ledger Accounting → Business
Transactions → Open Item Clearing → Clearing Differences →
Assign Users to Tolerance Groups

Click on and give your use ID and newly created tolearance group as mentioned below

Page 12
 Basic Settings

Save it.

Define Tolerance Groups for G/L Accounts

Description
Tolerance groups define the limits within which differences are accepted and automatically posted to
predefined accounts

Transaction code OBA0

IMG path Financial Accounting → General Ledger Accounting → Business
Transactions → Open Item Clearing → Clearing Differences →
Define Tolerance Groups for G/L Accounts

Enter the above Tcode or follow the given path.

Click on and fill up the details as mentioned below.

Note: Do not enter any code in the Tolerance Group field.

Keep it blank as shown below.

Page 13
 Basic Settings

Save it.

Posting Key: Posting key determine the debit and credit side of transaction and it also
controil the field which appear at the time of transaction posting.

Note: Cretion of new posting key is not required, since which ever standard posting key
has been given by SAP is sufficient enough to cover all kind of transaction even in real
time also.

Page 14