Russian Legal Fiscal Variant

[gerry_vermeulen]

As our Russian company code has a different fiscal year variant for legal purposes then the other companies and S4HC only allows 1 fiscal year variant for all companies, we would like to understand how SAP envisages to comply with this regulation. Is it required to set-up parallel ledgers for this purpose, or do you use another way to have the SAP standard local statutory reporting (and interfaces to the government) comply with the Russian Fiscal Year variant?

[Lucian · Accepted solution]

Hi Gerry,

please check the Lean solution for Alternative Fiscal year variant documented here :

https://go.support.sap.com/roadmapviewer/#/group//roadmap/IMPS4HANACLDENMGMT/node/901B0E6D3F501ED9AA...

More details can be found in SAP Notes 2568382 and 2640035.

Regards,

Lucian

[Batista]

quick note: plan for 1911: the check to implement lean fiscal year variant will validate if postings in P system exist on the level of the company code to be introduced vs validation of overall P postings. Keep and eye in Roadmap Viewer in the areas where FYV is mentioned e.g. https://go.support.sap.com/roadmapviewer/#/group//roadmap/IMPS4HANACLDENMGMT/node/901B0E6D3F441EE8A1... and check accelerator Fiscal Year Variant Implementation - Overview.pptx (SAP Customer) after 1911 release.

[MarNow]

gerry.vermeulen2 Please note that the lean solution can be applied only during initial implementation.

#S4HANA_Finance #leader

[former_member94298]

mnowacki - can you confirm is this is still the case. What might happen if, for example we have implemented in the UK and are live without the lean solution - but then acquire an operation in India, for which this solution would be required. Is it possible to subsequently implement the lean solution for a new company code in a new country?

Thanks!!

[MarNow]

ccsmith Yes, this is still valid.

Important prerequisite:

Alternative FYV(s) required for

a) local close (0L – local GAAP): no journal entries have been posted in the production system for the specific local accounting principle and thus for the corresponding country

b) group close (2L – IFRS or 3L – USGAAP): no journal entries have been posted in the production system for any company code yet

[former_member94298]

mnowacki - thanks!

... so in my scenario - say it's a UK and France based group which reports both IFRS and Local GAAP and is already live - then if they make an acquisition in a country which also needs a local statutory reporting calendar (say, in India), then they would need to implement an offline solution for dealing with the statutory reporting in the acquisition? Or can you do that OK - but just against the 0L ledger?

Just wanted to be 100% clear - as obviously, 0L sort of means different things to different countries

If this is the case - then is it on the roadmap at all? Seems a bit of a gap if so?

[former_member132363]

Here are some SAP resources you may review based on your topic "fiscal year variant | company code | s4hc | reporting"

Purchase Order Accruals ? Scope item 2VB

Apr 16, 2019 ... The Lower and Upper threshold variants for purchase order accruals are set up in ... Fiscal period, Year , Company Code , Review Type = E .

https://blogs.sap.com/?p=42

Maintain Restrictions in Business Role

Feb 13, 2019 ... CompanyCode.png If this role is ... 2511840 - Manage Posting Period Variants and Manage Posting Periods for SAP S/4HANA Cloud 1708.

https://blogs.sap.com/?p=137

Other Apps in Master Data Specialist - Product Dat...

Select an active product or single article from the List Report page. Click the Copy button. This opens a new master record that contains all the details of the?...

https://fioriappslibrary.hana.ondemand.com/sap/fix/externalViewer/#/detail/Apps('F1602')/S9OP