HI Experts,
Current Configuration of Fiscal Period is always from 25th of this month to 26th of next month. But there was a request to change that in the Fiscal Period 12.
Is it possible to change the Fiscal Period 12 this year 2011: from 26th of the month of November 2011 to 31st of December; then Fiscal Period 1 of 2012: from 1st January to 25th of January?
Here are the Summary of Subsequent Changes:
Period 12 of 2011 from 26/11/2011-25/12/2011 to 26/11/2011-31/12/2011.
Subsequent year the fiscal year period will be change to the following:
1 u2013 1/1/2012 u2013 25/1/2012
2 u2013 26/2/2012 u2013 25/2/2012
3- 26/3/2012 u2013 25/2/2012
.
.
11 u2013 26/10/2012 u2013 25/11/2012
12 u2013 26/11/2012 u2013 31/12/2012
Is there a great impact on this concerning incorrect Reports on the General Ledger?
Thank you so much for your insights.