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May 31, 2009 at 11:26 AM

SAP FICO - PARALLEL ACCOUNTING

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Hey,

I want to know whether in a SAP- FICO module, is it possible to keep two books of accounts for separate legislations for the same company using different fiscal year respectively.

E.g. In India, One company is keeping books of accounts as per company law from Apr-Mar.

And also maintaining another books of accounts for their own specifications from Oct- nov.

So is it possible to maintain such books in SAP, Without re-keying same data.