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author's profile photo Former Member
Former Member

Fiscal year variant - last day change

Hi,

We're using a year-dependent fiscal year variant with 13 normal periods. This is how our our 13th period for FY2012, and the remaing days in calendar year 2012 are currently defined in OB29:

12 29 13 0

12 31 1 +1

We are currently in period 12, and want to move the last date of period 13 out by one day, i.e. last two entries in our year-dependent FYV will look as follows after the change:

12 30 13 0

12 31 1 +1

I don't see any negative impact in mkaing this change to a period that we have not opened yet, but I have never done this, so I'm seeking insight from folks with more knowledge/experience in this area.

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    author's profile photo Former Member
    Former Member
    Posted on Nov 06, 2012 at 01:45 PM

    I don't see any negative impact either. You should be good changing it. The change as I understand is to mark Dec. 30th as period 13 of current fiscal, which currently is in period 1 of next fiscal. Since you don't have any postings in period 1 of next fiscal, and not in period 13 of current fiscal either, I think the change should not cause any issues. Just make some test postings with posting date 12/30/2012 in your Dev/QA clients, both before and after the change.

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    • Former Member

      Related to this topic, I have one more question. Currently, our year dependent fiscal year variant, Z1, has 13 normal periods and 3 special periods, and each normal period 4 is weeks long. We plan to move to calendar month periods starting in 2013, so there will only be 12 normal periods. Can we continue to use Z1, and just not define period 13 going forward? I understand that our year-over-year reporting by period will not make sense, but is there anything else to keep in mind?

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