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Extra number of period 13 for year 2017 only, with split period in middle of the year using same FYV

May 11, 2017 at 01:44 PM

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Former Member

Hi Gurus,

My company is acquired by another company and in order to be able to run any Financial Report to show the cut off period of the acquisition, we plan to split one of our existing fiscal year period to two for this current Fiscal Year.

For eg. 17 Jul 2017 is the buy-off date, Period 7 which currently from 3 Jul to 6 Aug will be split to, Period 7 (3 Jul to 16 Jul) and Period 8 (17 Jul to 6 Aug).

There will be an extra number of period (from 12 Period to 13 Period) in this current Fiscal Year.

The number of period is maintained at the Fiscal Year Variant (FYV) Level. If we are to change the number of period, is this going to impact the other Fiscal Year (past or future)?

Will it impact the previous Fiscal Year which has only 12 Period with 1 Special Period?

How will it impact the Asset Accounting module as well? Can we just have one depreciation run for Period 7 and skip Period 8?

Or is there any alternative wat to achieve my requirement?

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