Alternate Financial Year Functionality in Indian Payroll

[Former Member]

Dear HCM Indian Payroll members,

Can any one help me in letting me know the workaround of implementing/applying Alternate Financial year functionality in existing lanscape without going for EHP4 in Indian Payroll?

Regards,

Rakesh Ranjan

[SumanPoddar · Accepted solution]

Hi,

'Alternate Financial Year' functionality is a concept normally used in India Public Sector. I don't have any idea whether it will work on EHP4 or not.

Configuration Steps are-

- Activate the Business Function u2013 HCM_LOC_IN_22

- Execute the transaction PC00_M40_SWCH, and activate the switch with the Switch group 40AY

- Organize payroll in such a way that period 01 is March and period 12 is February.

You can set this under Customizing for Payroll India u2014> Basic Settings u2014>Payroll Organization.

There are some constraints also-

- Once live on the AFY, customers cannot move to the April - March Financial Year and vice versa.

- Customers cannot go-live on AFY in the middle of the tax year

Regards.

Suman

[SumanPoddar · Accepted solution]

Hi,

You can check this blog-

Alternate Financial Year in Payroll India :

Regards.

Suman

[Former Member]

Hi,

Could you please explain more what exactly you want to do in cross financial year? If you are trying to run retrospective payroll run across financial years, Read the function of INDTL and PCR IN91. Lets us know what exactly you are trying to do .

[former_member206403]

HI Rakesh ,

I think they have given some soln in EHP5 , before that i dont think they have a soln.

Regards

sameer