Can we setup a 13 period fiscal year for 2010 only, using the same variant

[former_member498918]

We currently have a fiscal year running from October. We have been taken over by a new comany who want our fiscal year to run from November. It has been decided that year 2010 will contain 13 periods.

Can someone help with how to set this up in OB29.

The current settings are for 12 normal periods and 4 special periods. Therefore it will not allow 13 periods to be setup in 2010. However, if I change the number of normal periods in the variant to 13 then there is a message saying that there are gaps in the other fiscal years which are not 2010.

What is the correct way to deal with the extra month? We are currently in 2010 which started in October and we don't want FY 2011 to start until November.

Thank you

Karen

[Former Member]

Hi,

You can split one of the month into 2 with one each for 15 days. As below

Month Days Period year Shift

1 15 1 0

1 31 2 0

2 15 3 0

2 28 4 0

Regards,

Shakeel

[former_member498918]

Thank you for your reply, but the problem is that we want to add a 13th period.

The setup we have is as below.

1 29 4 0

2 26 5 0

3 26 6 0

4 30 7 0

5 28 8 0

6 25 9 0

7 30 10 0

8 27 11 0

9 30 12 0

10 29 13 0

11 27 1 +1

12 24 2 +1

12 31 3 +1

This is working fine to find October as period 13 when we use function DATE_TO_PERIOD_CONVERT, but there is an error in the setup saying 'Only define periods until 12'. When we try to run function LAST_DAY_IN_PERIOD_GET this crashes saying fiscal year variant not found for 2010.

There is a setting in the fiscal year variant which says

Calendar yr 2010 No.posting periods 12 No.special periods 4

For 2010 only we want this to be 13 periods. Is this possible?

Thank you

Karen

[former_member581688]

We set up a FYV for weekly periods for reporting. We are on a 4-4-5 scheduled and most years are 52 weeks, but every few years we have a 53 week year. To get the FYV to work for this, we had to set it up with 53 normal periods and then any year that had only 52 weeks has to be set up as a shortened fiscal year. This variant is only for reporting purposes (its not assigned to any company codes) so this worked for us. You could try a 13 period year with shortened fiscal years for every year but 2010. Not ideal, I know, but we could not find any other solution for our 53 week issue.

Regards,

Shannon

[former_member498918]

I did wonder if this would work, but thought it might cause problems in future years. From what you say it should be fine so I think we'll give it a go.

Thank you very much for your reply.

Karen

[former_member498918]

I have set this up, but now when I look in Asset Explorer it is saying period 13 does not exist in Fiscal Year Variant. Even though documents are now being posted to period 13 ok.

Can anyone help with this?

Thank you

Karen

[former_member581688]

Do you have an alternate FYV assigned to Asset Accounting? Check the following in the IMG: Financial Accounting -> Asset Accounting -> Valuation -> Fiscal Year -> Fiscal Year Variants -> Specify Other Versions on Company Code Level.

Regards,

Shannon

[former_member498918]

No, they are both set to the same variant.

[former_member581688]

It's possible that AM doesn't allow more than 12 periods in a year - I'm not an asset expert, so just speculating. I'd suggest posting this issue to the Asset Accounting forum.

Regards,

Shannon