Material release

[Former Member]

Hi all,

some cost estimates are marked and are in status 'Vo'. These materials when released for current period thr CK24 shows error 'Period closing has not taken place yet' . But when released for previous period gived error ' Release to Late' .?

How can these materials be released ?

points will be rewarded for helpful answers

[Janet_Salmon · Accepted solution]

Is your client also using Material Ledger or Transfer Prices? If this is the case, the standard costs from the cost estimate have to be in synch with the preliminary valuation for actual costing. Period closing would be the generation of closing entries in the material ledger.v

If this is not the case, then check whether the MM tables (accounting view of the material master are on the period for which you are trying to release).

Edited by: Janet Dorothy Salmon on Feb 7, 2008 9:38 AM

[Former Member · Accepted solution]

Hi Janet,

Thanks for your input on this. The current period is diffrent from my posting period.

Could you let me know how can I change that ?

From where can i close the old period and open a new one?

Thanks!!

[Janet_Salmon · Accepted solution]

To close the period, use transaction MMPV - this will move the period in the material master on to the next period. If you need to post in the past in MM, use transaction MMRV to allow posting to the previous period.