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Former Member
Apr 10, 2013 at 07:13 AM

Asset year closing when SPL is used for India Legal reporting- V3

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Hi,

We are doing a roll out for India for a global company. In the front end we are following groups fiscal year where they have 13 periods and 4 weeks form one period. The fiscal year start and end dates will not be same every year.

For India legal reporting we are using Special purpose Ledger with v3 fiscal year Variant (April to March).

With this design, what problems do you see for India legal reporting and Asset Year closing.

For The Group, we have to close the asset year in the month of December and start a new year, whereas, India in Special purpose ledger in the month of January will still use the old year.

Will I be able to get all my reportings of Asset like Asset register from Front end books for April to March period, when the group period is different.

Please help.

Regards,

Sakshi