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Former Member

Business Scenario for Shortened Fiscal Year Variant

Hello All Experts,

Can anyone please tell me, what would be the case for "Maintaining shortened fiscal year variant" in system ?

I have gone through couple of threads on this saying - when any new business is acquired we have to maintain shortened fiscal year. Suppose if there's a company which is acquired by July 2014 ( assume Apr to Mar fiscal year ), so do I need to maintain FSV for July to March ( 9 months ) ?

If this I do, what will happen when new fiscal starts by April (very next month), as I understand I cannot continue with this FSV as this having less than 12 months... Once I do postings I can not change FSV Right ?

So how do I do this ? or how this exactly works in real life implementations in this case ?

Experts guidance will be greatly appreciated.

Regards,

Sharvari Joshi.

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  • author's profile photo Former Member
    Former Member
    Posted on Jul 28, 2014 at 06:18 AM

    Hello Experts,

    Any guidance ?

    Regards,

    Sharu.

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