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Switching to monthly consolidation

Former Member
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Dear All,

We are working in quarterly conoloidation but as per the management decision on this fiscal year want to consolidate financial statement by every month...

Kindly guide me how to proceed in changing the fiscal year variant and further steps related to this issue.

Regards,

Balaji.c

Accepted Solutions (1)

Accepted Solutions (1)

Former Member
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To a larger extend the consolidation frequency is fixed in Task definition.

So you have to do the task modification, test in quality and transport to production.

You have to see whether all task will be running monthly or some of the task. What I have seen is quarterly consolidation is given higher weightage by client folks internally.

This is minor config change , but major change from consolidation monitor and execution point of view.

But I will wait see the comments from other experienced people in the forum..Keep your experiences posted ...

Former Member
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Hi Iyer,

Would u able to spot me where to change the task since am seeing onyl consolidation frequency periods and no where find its task...

Regards,

Balaji.c

Former Member
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Hi Balaji,

Go to any Task> You can find th consolidation frequency.

Do you need to change the FYV to accomodate the monthly frequency? Normally the FYV is commonly shared with ECC.

In ECC normally minimum monthly period is defined. Check the FYV definition.

Former Member
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Hi Iyer,

Actually when we about to change the consolidation frequency, we need to change the FYV also, we are using V3 FY variant and if we about to switch to monthly consolidation, is it necesary to change the FYV to K4...

Wil this work since ECC works on V3 FYV only... Kindly update me..

Regards,

Balaji.c

Answers (0)