Skip to Content
0
Apr 02, 2014 at 10:45 AM

Fiscal Year Variant V3 with positive calculation

21 Views

Hi,

I came across one scenario where, the client is following Fiscal Year Variant V3. The period defined is as follows:

Month Days Period Year Shift

1 31 10 0 2 29 11 0 3 31 12 0 4 30 1 +1 5 31 2 +1 6 30 3 +1 7 31 4 +1 8 31 5 +1 9 30 6 +1 10 31 7 +1 11 30 8 +1 12 31 9 +1

I am not understanding the reason for the company to follow +1 for April to Dec and 0 from Jan to March, since this leads to next fiscal year.

For example: if we are following 2014 as fiscal year, this setting will take by default 2015.

As per my understanding, in V3 we have the following settings:

Month Days Period Year Shift

1 31 10 -1 2 29 11 -1 3 31 12 -1 4 30 1 0 5 31 2 0 6 30 3 0 7 31 4 0 8 31 5 0 9 30 6 0 10 31 7 0 11 30 8 0 12 31 9 0

Please advice.