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fiscal year change - extent periods

Apr 25, 2017 at 10:25 AM

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Hi Experts,

Need to get some input from experts in the forum.

Got a request from the customer, would like to extend the current fiscal year periods. Current fiscal year is from Nov to Oct 2017. They would like to change it to calendar year for 2018. (Jan - Dec)

Question are:

1) Can we extend the 2 periods (to cover Nov and Dec 2017) for FY2017?

2) What would be the impact on AA? Will depreciation calculate correctly?

3) Any other impact need to take into consideration?

Thanks in advance.

regards, Andri.

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