Assign fiscal year variant to the company code

[Former Member]

Hello,

When i hired the applicant in recruitment module & try to transfer to the PA module through Tcode PBA7, i am getting the pop up message that assign the fiscal year variant to your company code.

What i need to do to proceed further???

[former_member906253]

go to OBY6 Doubble Click On CoCd Then U See "CoCd Global Data inThat Acc. Org Put Charts Of Account As INT! And in Processing Para. Put Fiscal Year Variant As *V3* (its std).

[Former Member]

The following fiscal year variants are created in the standard system:

• Variants in which the fiscal year is the same as the calendar and has up to four special periods

• Variants for shortened fiscal years. For more information on shortened fiscal years, see "Defining shortened fiscal years".
• Variants for non-calendar fiscal years:
  • April to March with four special periods
  • July to June with four special periods
  • October to September with four special periods

If companies in                        Fiscal year period                                  Fiscal year variant

Indian companies                   April to March + 4 special periods                          V3        

US Companies                       Jan to Dec + 4 special periods                                K4   

Some Companies follow       July to June + 4 special periods                             V6

                                                     Oct to sept + 4 special periods                               V9

[Former Member]

First you have to do "Define chart of accounts" and then "Assign company code to chart of accounts".

PATH:   Define chart of accounts: 

IMG > Financial Accounting > General Ledger accounting > Master Data > G/L accounts > Preparations > Edit chart of account list.

PATH:  Assign company code to chart of accounts :

IMG > Financial Accounting > General Ledger accounting > Master Data > G/L accounts > Preparations > Assign company code to chart of accounts.

click "Position" option and Enter you company code.

[Former Member]

Sir, Thanks for your post. I started learning as SD functional. Your reply helped me during learning in IDES when I first created my configurations in VA01.

Thanks

[Former Member]

For every company code, you must specify which fiscal year variant is to be used.

IMG Path: Financial Accounting > Financial Accounting Global Settings > Fiscal Year > Assign Company Code to a Fiscal Year Variant

TCode:OB37

Regards

Vijay

[Former Member]

yes after assigning the fiscal variant V3 for India, then further its asking to assigning the charts of accounts for the company code?

Where should i assign the chart of accounts?

[Former Member]

Hi,

Find below the Path.

SPRO>FINANCIAL ACCOUNTING>FINANCIAL ACCOUTING GLOBAL SETTINGS>FISCAL YEAR>ASSIGN COMPANY CODE TO FISCAL VARIANT

or go for T-code SM30 and maintain the table V_001_U. Generally for India company code we will give variant as V3.

Regs,

Brahma

[Former Member]

Hi,

Thanks! I have assigned V3 as fiscal year variant then again it is asking to assign the chart of accounts???

India is it V3 then what is K4?

[Former Member]

K4 is a variant for brazil.