What is 'period lock' in SAP CO-OM-OPA - Overhead Cost Orders?

period lock - Overview

• Component: CO-OM-OPA

• Component Name: Overhead Cost Orders

• Description: A procedure that locks planned and actual transactions for a combination of controlling area, fiscal year, and version.

period lock - Details

• 
  Key Concepts: 
  Period lock is a feature in the SAP CO-OM-OPA Overhead Cost Orders component that prevents users from changing or deleting data from a certain period. This feature is used to ensure that all data from a certain period is accurate and complete. 
  
  How to use it: 
  To use the period lock feature, users must first activate it in the system settings. Once activated, users can select which periods they want to lock. Once a period is locked, users will not be able to make any changes or deletions to the data from that period. 
  
  Tips & Tricks: 
  It is important to remember that once a period is locked, it cannot be unlocked. Therefore, it is important to make sure that all data from the period is accurate and complete before locking it. 
  
  Related Information: 
  For more information on the period lock feature in SAP CO-OM-OPA Overhead Cost Orders, please refer to the SAP Help documentation.