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Fiscal year variants

Hi All,

If I want to change the financial year from (Jan to Dec) and change it as (April to March) how do I achieve this. Is this possible considering that we are inbetween a financial year? Would our postings be effected in anyway?

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  • Posted on Jul 20, 2011 at 12:02 PM

    Hello,

    Changing the period assignment can cause inconsistencies in the system, if e.g. an already posted period is deleted, or the duration of a posted period is changed.

    Even if the change is only for periods which have not yet been posted, it can cause inconsistencies in the system, for example if a plan has already been made for these periods, or the length of a financial year, for which depreciation has already been recorded in the asset accounting, is changed.

    You can still save the change, but again it can cause discrepancy with the postings.

    Thanks!

    Jhero

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