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change fiscal year from Nov -Oct to Oct-Sept

Hi all,

Currently my client is on a Nov-Oct Fiscal Year Variant and want to move it to Sept-Oct Variant. How do I go about doing this? My understanding is to change the current fiscal year variant to a shortened fiscal year!!

I'm expecting a lot of data inconsistency but what are the precautionary steps I should make. I intend to move this change on the last day of Sept after all month end activities have been completed. I will have to start year end activities in the following days

What Im wondering is if the system will allow to run fiscal year change for assets when dep is not run for period 11 etc....

Any advice would be helpful... Thanks

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  • Best Answer
    Posted on Mar 12, 2010 at 08:42 AM

    Hi,

    Its good to open short-end fiscal year for the current fiscal year and then continue to define new variant for SEP-OCT fiscal year .

    follow this steps:

    1) Creation of a new Fiscal Year Variant. Here we can copy a SAP provided Standard Variant to make the new one.

    2) New variant to be made Year Dependent. Year dependent status to be extended for required numbers of past and future years to create the number of periods in terms of month.

    3) The new Fiscal Year Variant to be shortened on the basis of number of periods under consideration.

    4) New Fiscal Year Variant to be assigned to all Co Codes involved (OB37).

    5) Change of Fiscal Year Variant in Controlling Area (OKKP).

    6) Fiscal Year to be shortened for Depreciation Areas in Asset Accounting customization (OAYP).

    7) Table T093C to be viewed to check whether the field XRUMPF (Shortened Fiscal Year) has been activated with u201CXu201D. If the field is found to be blank then we need to refer to SAP Note 123026 and then execute program ZRUMPF. That will activate XRUMPF in T093C.

    8) Recalculate Depreciation to be executed (AFAR). This will adjust the planned depreciation according to the number of periods in the shortened fiscal year.

    9) After checking the recalculated depreciation, Depreciation run (AFAB) and other closing activities to be performed as per normal procedure.

    Relevant SAP Notes:

    SAP Note 123026 to be applied for activation of field XRUMPF (Shortened Fiscal Year) in Table T093C. Some of the related notes are 672255, 506622, 484048, 183546, 26891 etc. SAP Note 373894 is a very important master note.

    See this link also

    Change of Fiscal Year Variant

    regards,

    Radhika.

    Edited by: Balaji Radhika on Mar 12, 2010 9:42 AM

    Edited by: Balaji Radhika on Mar 12, 2010 12:14 PM

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