Alternate Financial year(AFY) in Indian Payroll

Hi All,
I am facing a strange problem in my payroll configuration. I activated business function for AFY and now Income tax should get calculated from March to Feb. I have necessary config for AFY including payroll period & control record. Now in my system period 1 of 2013 is equal to 01.03.2013 to 31.03.2013 & period 12 is 01.02.2014 to 28.02.2014.
I hired an employee on 01.03.2013 & trying to run payroll for whole financial year i.e. march 2013 to Feb 2014.
I noticed a discrepancy while calculating gross salary & professional tax while it calculates IT.
In March 2013 (012013) payslip monthly gross & Ptax are getting multiplied by 12
In April 2013 (022013) payslip monthly gross & Ptax are getting multiplied by 12. In March & April there is no issue.
But after that from May 2013 (032013) onward monthly gross & Ptax are getting multiplied by 11 for calculating IT which is very strange & I am not able to find the issue.
I also checked projection factor and /401 is giving accurate value only.
Pls help me with this as this highly important for my project.
Thanks & regards,
Arka

Hi Arka,
I think you are saying wrong.
In the March/2013---/401 will be hold the value 11
in the April/2013----/401 will be hold the value 10
in the May/2013----/401 will be hold the value 9.
Check and tell me.
Regards,
Sankarsan

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I am working on Payroll India.
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Specifically I wish to ask should I ask the client to change his financial yr to Apr - Mar or should I change financial year in SAP to Mar - Feb?
Amit Upadhyay

it would be better to go for mar to feb as per our inidan fin year
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Edited by: Sikindar on Jan 25, 2008 4:22 PM

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Hello Experts,
We are getting an error while saving a new FYV as:
Gaps in financial year variant periods XY
Message no. FGV556
Diagnosis
The period specification has gaps. The periods must be sequentially numbered without any gaps.
System Response
Only a correctly defined period assignment can be saved.
Procedure
Define the periods with consecutive numbers.
Details: The new FYV has 52/53 weeks as posting periods depending on calendar year.
For example, we are trying to define Fisc 2009 as follows. (Fiscal year 2009 = Nov 01 2008 to Oct 31 2009).
Month-Day-Period-Yearshift
11     ---     7     ---     1     ---     +1
11     ---     14     ---     2     ---     +1
11     ---     21     ---     3     ---     +1
11     ---     28     ---     4     ---     +1
12     ---     5     ---     5     ---     +1
12     ---     12     ---     6     ---     +1
12     ---     19     ---     7     ---     +1
12     ---     26     ---     8     ---     +1
12     ---     31     ---     9     ---     +1
1     ---     3     ---     9     ---     0
1     ---     10     ---     10     ---     0
1     ---     17     ---     11     ---     0
1     ---     24     ---     12     ---     0
1     ---     31     ---     13     ---     0
2     ---     7     ---     14     ---     0
2     ---     14     ---     15     ---     0
2     ---     21     ---     16     ---     0
2     ---     28     ---     17     ---     0
3     ---     7     ---     18     ---     0
3     ---     14     ---     19     ---     0
3     ---     21     ---     20     ---     0
3     ---     28     ---     21     ---     0
4     ---     4     ---     22     ---     0
4     ---     11     ---     23     ---     0
4     ---     18     ---     24     ---     0
4     ---     25     ---     25     ---     0
4     ---     2     ---     26     ---     0
5     ---     9     ---     27     ---     0
5     ---     16     ---     28     ---     0
5     ---     23     ---     29     ---     0
5     ---     30     ---     30     ---     0
6     ---     6     ---     31     ---     0
6     ---     13     ---     32     ---     0
6     ---     20     ---     33     ---     0
6     ---     27     ---     34     ---     0
7     ---     4     ---     35     ---     0
7     ---     11     ---     36     ---     0
7     ---     18     ---     37     ---     0
7     ---     25     ---     38     ---     0
8     ---     1     ---     39     ---     0
8     ---     8     ---     40     ---     0
8     ---     15     ---     41     ---     0
8     ---     22     ---     42     ---     0
8     ---     29     ---     43     ---     0
9     ---     5     ---     44     ---     0
9     ---     12     ---     45     ---     0
9     ---     19     ---     46     ---     0
9     ---     26     ---     47     ---     0
10     ---     3     ---     48     ---     0
10     ---     10     ---     49     ---     0
10     ---     17     ---     50     ---     0
10     ---     24     ---     51     ---     0
10     ---     31     ---     52     ---     0
The above entries cover all the dates in calendar year 2009, that is, Jan 2009 to Oct 2009 is covered by periods 10 to 52 and Nov 01 2009 to Dec 31 2009 is covered by period 1 to 9 of the following fiscal year 2010.
Inspite of making sure that all the days of 2009 are covered by periods 1 to 52. We are still unable to save the FYV.
Please help!
Susan

Hello, I am getting this error while saving the FSV. My FSV is based on Weeks. Below is what I am inputting for this. Other details are Calender Year - 2017, No. of posting periods - 53, checked year dependent. Also, I have FSV for previous years also where weeks are 52 but configured as 53. So, hope that this is not creating this issue. Solicit your early response.
Month
Day
Period
Year Shift
1
7
1
0
1
14
2
0
1
21
3
0
1
28
4
0
2
4
5
0
2
11
6
0
2
18
7
0
2
25
8
0
3
4
9
0
3
11
10
0
3
18
11
0
3
25
12
0
4
1
13
0
4
8
14
0
4
15
15
0
4
22
16
0
4
29
17
0
5
6
18
0
5
13
19
0
5
20
20
0
5
27
21
0
6
3
22
0
6
10
23
0
6
17
24
0
6
24
25
0
7
1
26
0
7
8
27
0
7
15
28
0
7
22
29
0
7
29
30
0
8
5
31
0
8
12
32
0
8
19
33
0
8
26
34
0
9
2
35
0
9
9
36
0
9
16
37
0
9
23
38
0
9
30
39
0
10
7
40
0
10
14
41
0
10
21
42
0
10
28
43
0
11
4
44
0
11
11
45
0
11
18
46
0
11
25
47
0
12
2
48
0
12
9
49
0
12
16
50
0
12
23
51
0
12
30
52
0
12
31
1
+1
Thanks
Deepankar

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Hi,
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Mid Year Go Live us Payroll

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hi,
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If we have some open PO's after year end .(New financial year got opened )
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hii
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Is there a way of adjusting WEEKNUMs to match a financial year?

Hi
I am wondering if there is a way to have Numbers 09 adjust the WEEKNUMs so that they match the financial year, starting in the first week of April (UK). Given that I will have to do tax returns which match the financial year, it makes sense to match my accounts/Numbers files with the financial year.
Thanks
Nick

nick_harambee wrote:
I am wondering if there is a way to have Numbers 09 adjust the WEEKNUMs so that they match the financial year, starting in the first week of April (UK). Given that I will have to do tax returns which match the financial year, it makes sense to match my accounts/Numbers files with the financial year.
I guess the place to start here is 'Which numbering system do you want to modify for this?'
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All weeks begin on a Monday. Week one starts on Monday of the first week of the calendar year with a Thursday.
2) (Not included as week starts on Sunday. Otherwise same as #3)
3) Excel(and Numbers) WEEKNUM function with an optional second argument of 2.
Week one begins on January 1st; week two begins on the following Monday.
4) Simple week numbering.
Week one begins on January 1st, week two begins on January 8th, and week 53 has only one or two days(for leap years).
For modified system 1 (ISO), replace "calendar year" with "financial year". For modified WEEKNUM and Simple Week Numbering systems, replace "January" with "April"
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The shifting start dates of Week 1 of #1 and of Week 2 of #3 add a complication, but if these can be determined, the rest of the year can easily be numbered using the same formula as #4.
Here are the three choices, with formulas below.
SWN
Start Date: April 1, constructed from A1.
Table 1::B2: =INT(DATEDIF(DATE($A$1,4,1),A, "D")/7)+1
(Results modeled on) WEEKNUM
Start Date: Monday preceeding April 2
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Table 1::C2: =INT(DATEDIF(Table 2 :: $B$2,A, "D")/7)+1
(Modeled on) ISO
Start Date: Monday preceeding first Thursday in April
Table 2::B2: =IF(WEEKDAY(DATE(Table 1 :: $A$1,4,1),3)<4,(DATE(Table 1 :: $A$1,4,1)-WEEKDAY(DATE(Table 1 :: $A$1,4,1),3)),(DATE(Table 1 :: $A$1,4,1)+7-WEEKDAY(DATE(Table 1 :: $A$1,4,1),3)))
Table 1::D2: =IFERROR(INT(DATEDIF(Table 2 :: $C$2,A, "D")/7)+1,53)
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Regards,
Barry
EDIT: Noting your newest post, I think you may want to consider the Simple Week Numbering system, using a starting date of April 6.
Barry
Message was edited by: Barry

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I'm building this Discoverer report and one of my parameters is a LoV date field, which gives me a date range from Jan to Dec each year. Now my problem is, I want my date range to be as per our Financial Year End, which is from 01-Oct-03 to 30-Sep-04.
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Hi,
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Financial Year-End date range

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I'm building this Discoverer report and one of my parameters is a LoV date field, which gives me a date range from Jan to Dec each year. Now my problem is, I want my date range to be as per our Financial Year End, which is from 01-Oct-03 to 30-Sep-04.
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Hi,
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Hi all,
I am trying to get the week number from a particular posting period. But I get this error when I execute the Query:
Error Group
RFC_ERROR_SYSTEM_FAILURE
Message
SYST: Period 000 is not valid in financial year variant Z2
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Does anyone have an idea on this?
Thanks.

Simon,
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Any more ideas?
Thanks!!

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Error during Asset Creation: E003
AS01: Create asset was executed. During saving the asset got an error
E003 SYST: Period 000 is not valid in financial year variant
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Hello!
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I am getting the error below when trying to bring Period 000/2008 from our BCS cube into a basic cube. I've run the "Transfer Global Settings" for our R/3 system but am still getting this error. The BCS does have Period 000 Yr 2008 with FYV K4 and is showing in the master data for fiscal period. Any ideas??
SYST: Period 000 is not valid in financial year variant K4
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Dear colleagues:
The same problem is appearing to me. I am trying to run a job in background but the following error appears to me>
SYST: Period 000 is not valid in financial year variant 36
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SYST Period 012 is not valid in financial year variant R2 Msg no;FGV003

Hi SAP Gurus,
I have encountered with an error as following :
SYST: Period 012 is not valid in financial year variant R2
Message no. FGV003
Our client following calendar year till December 2009. They want to change to April to March , from April 2010 . So we need to define a shortened fiscal year for January to March 2010 for 3 months.
One important thing is Depreciation should be calculated only for 3 months ie., from January 2010 to March 2010 for year 2010. For year 2011 u2013 April 2010 to March 2011 be calculated.
I have done the following settings :
Current fiscal year variant = K4, i.e. the standard variant with 12 periods (calendar year)
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Month Days Period Year Shift
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2 28 2 0
3 31 3 0
4 30 4 0
5 31 5 0
6 30 6 0
7 31 7 0
8 31 8 0
9 30 9 0
10 31 1 +1
11 30 2 +1
12 31 3 +1
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Other Problem : 1. The system calculates deprecation for period 3 ( Full year deprecation) as seen from AW01n for one asset.
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Subbu

Have you maintained the Year Shift Properly in OB29
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Hi!
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Message no. FGV003
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Have you maintained the Year Shift Properly in OB29
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Alternate Financial year(AFY) in Indian Payroll

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