What is PPV?

[Former Member]

Hello Guru's

what is PPV and how is it generated?

Thanks,

[Former Member]

In FI Module PPV stands for Posting Period Variant. PPV is used to determine which periods to be open and closed. Using PPV u can restrict the users from making postings. You can define PPV in OBBO, assign in OBBP and define Open and Close Periods in OB52.

Hope this information will solve your question.

Regards,

Raj.

[former_member182098]

Purchase Price Variance (PPV) Report

For a defined period/plant(s)/material(s)/classification, the report gathers past receipts, vendor invoices and future receipts and compares the standard cost to the PIR (Purchasing Info Record) on the delivery date of the receipt. From this comparison, the past PPV or projected PPV is calculated to evaluate the impact. This report is used by accounting to report and manage material cost variances. Purchasing also uses this report to make sourcing recommendations and to manage suppliers.

Regards,

Ravi

[JavedKamal]

HI,

If this is Posting Period Variant (PPV), then the posting date in the document header determines the posting period in which postings are to take place. The system usually proposes the current date as posting date. Posting periods are defined via the fiscal year variant (T.Code OB29). The periods configured in the fiscal year variant are derived from the month of the posting date.

The posting period must be open to enable posting. You open the posting period by entering a time range that is the time range of the posting period. You open and close posting periods in Customizing or from the application. T. Code OB52 for PPV.

Regards

Javed