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Former Member
Sep 14, 2007 at 09:58 AM

fisical year is defined as v3 (ie: april to march, want to close the period

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Hi dear all,

The company has defined physical year as v3(ie: april to march), Now they want to close the financial year in the month of september, and open new fisical year,

so my query is as they are business transaction allready taken place so can we close the existing period and start new short end fisical year for the month of october and march, does it give any impact on the new short end fisical year