FBICP1 - ICR: Open/Close Periods

SAP Transaction Code - Details

• Transaction Code: FBICP1

  Description: ICR: Open/Close Periods

  Release: S/4HANA and ECC 6

• • Program: SAPLFB_ICRC_VIEWS

    Screen: 200

    Authorization Object: F_RPROC

  • Development Package: FB_ICRC

    Package Description: Cross-System Intercompany Reconciliation

    Parent Package: FI_ADDON

  • Module/Component: FI

    Description: Financial Accounting

AnswerBot

• SAP Tcode: FBICP1 - ICR: Open/Close Periods

  
  Overview:
  FBICP1 is an SAP transaction code used to open and close periods in the SAP system. It is part of the Financial Accounting (FI) module and is used to control the posting period for financial documents. 
  
  Functionality: 
  FBICP1 allows users to open and close periods in the SAP system. This ensures that only valid documents can be posted in a given period. It also helps to prevent incorrect postings from being made in the wrong period. 
  
  Step-by-step How to Use: 
  To use FBICP1, users must first log into the SAP system. Once logged in, they can access the transaction code by entering FBICP1 into the command field. This will open up a screen where users can select the company code and fiscal year for which they want to open or close a period. Once selected, users can then choose whether they want to open or close a period and enter the period number. Finally, they can click on “Execute” to complete the process. 
  
  Other Recommendations: 
  It is important to note that only authorized users should be allowed to use FBICP1 as it can have a significant impact on financial documents. Additionally, users should always double-check their entries before executing the transaction code to ensure that they are entering the correct information.