Balance sheet with 2 diff fiscal year variants

Dear All,
I am facing an issue. The Client is using Jan to Dec fiscal year but he also wants to get the balance sheet as per the indian fiscal year i.e April to March. Is there any way to do so?

Hi,
did you check the SAP notes
152888 - Different fiscal year variants in FI-AA
1493253 - Different fiscal year variants in FI-AA (II)?
There are a restrictions for different fiscal year variants in asset accounting. This also applies to NewGL.
Kind Regards,
Steffen

Similar Messages

Company codes with different fiscal year variants in a controlling area

Hi all,
When I try to assign a company code with different fiscal year variant than controlling area I get error. It is ok so far.
However, after assigning company with same fsv to controlling area the system lets me to change company code's fsv in company code global settings and I can even save it.
So I wonder how it would be possible ? Why do I get just a warning instead of an error and save ?
Thanks and regards.
M.Yusuf Dogan

Hi Bulut,
There are 12 normal and 3 special periods in the fsv of the company code which i'm trying to assign. However, controlling area's fsv has 12 normal and 4 special periods. I get an error message "KT297".
Actually, my point is that if the company code's fsv is same with co's I can assign but the system lets me change cc's fsv after assignment.
M. Yusuf Dogan

Asset Register with different Fiscal Year Variant

Ministry Of Commerce requires Power Line Carrier Companies to maintain
an additional fixed asset register. This register needs to have
Fiscal Year - April to March
Revaluation of Assets on 1 April every year based on indice provided
Ministry.
Depericiation Rates same as existing
Staright line depreciation
No depreciation / revaluation of new assets aqired during the year
No depreciation on disposal of assets during the year
This can work OK for Companies with same Fiscal Year Variant (April to
March).
What are the options for Companies with different Fiscal Year?
Some of the companies do not have the new GL activated and hence cannot
use the additional ledger and use for this purpose.
Can you please advise.
Regards,
Suneel Bhonsule

If the company codes are using fiscal year variant April - March, then it is possible. If the company codes are using differant fiscal year variant other than April - March and if you want to get the report with the Fiscal year April-March,, it will not work out..
Even If new GL Activated for all company codes also its not possible.. i had a experience of this and finally came to know that parellel ledger or special ledger concept will not support for Diefferant fiscal year for Asset accounting alone which is differant from Company code fiscal year..
Thanks
Fit 4 Nothing

FM to get Controlling area with Input Fiscal Year Variant..

Hi,
I need a Function module to get Controlling Area with Input fiscal Year Variant(PERIV).
Regards,
Deepthi.

Hi,
Check the FMs whether it satisfies your requirement.
FERC_DEFAULT_GET
FERC_PARAMETERS_GET
Thanks,
Nithya

One Controlling Area for Two CoCds with different Fiscal Year variant

Hi,
I have a Company code with FYV "A1" with 12 Periods (Apr - Mar) - Fiscal year start at Apr-01 and ends Mar-31 of the next year.
I have another company code with FYV "B1" with 12 Periods (Jan-Dec). - Fiscal year start at Jan-01 and ends Dec-31.
Chart of Accounts for both the company code is same.
Can I assign these two company codes to one Controlling Area?
When I try to assign the company codes, I got the following warning message.
Differing fiscal year variants: A1 - B1
Message no. KT297
Diagnosis
Fiscal year variant A1, controlling area 1000, does not agree with fiscal year variant B1, company code 5001.
The following entries must agree:
- Same number of posting periods (the number of special periods may vary)
- Same period limits
Procedure
Ensure that the fiscal year variants of the controlling area and the assigned company codes agree. If necessary, maintain the fiscal year variants.
1. What is the meaning of "Same period limits"?
2. Does it mean the fiscal year start and end date must be same?
3. What is the impact of the warning message?
Thanks
Palani

Having same fiscal year variant is one of the requirements for different company codes to be under one controlling area.
The FYV for the company codes and the controlling area can have a different number of special periods. The number of posting periods must be the same.
Impact of warning message: You cannot create one controlling area for both company codes (1:n assignment).
If you like, you can create one controlling area for one compnay code with FYV A1 and another controlling area for another company code with FYV B1.
PS: Please reward the points if you find the answer as useful and rewarding points is a way of saying thanks.

Different Company Code with same fiscal year variant and controlling area

Hi
I have three company codes in three three different countries: 1000 (ABC India), 2000 (ABC Inc, US), 3000 (ABC Dubai)
But our consultants have assigned only one fiscal year variant V3 and one controlling area 1000 (with fiscal year variant v3)
So what problem one may face because of above settings and what is ideal setting for such scenario
Edited by: Meenu_ND on Oct 18, 2010 2:35 PM

I have one leading ledger and two non leading ledger (i.e Group ledger and IFRS ledger). But Fiscal year variant is not mentioned for both the non leading ledgers.
So i think it will take V3 only for non leading ledgers too.
And in your solution, since India is main company, fiscal year variant for leading ledger needs to be V3 only.
What if i keep non leading ledger as fiscal year from Jan to Dec. Then it will be:
Leading Ledger: April to March
Non leading ledger: Jan to Dec
In above case, do i need to create separate controlling area ?
Edited by: Meenu_ND on Oct 19, 2010 10:43 AM

CK40N with V3 fiscal year variant

Hello dear SAP experts,
Please help. We are on ECC 6.0 and the fiscal year variant is V3. I have tried releasing the std cost estimates on several periods but its saying the "release is too early". The MM period is already 04/2009 because I've already tested several periods but to no avail. The FI period is open and there are no locked periods in OKP1.
Thanks and regards,
Thess

Hi Thess,
"Release is too early" means, the "Costing Date From" which you have not selected is not reached yet. It has nothing to do with Fiscyal Year Variant, MM/FI/CO period locks.
Let us say, You are doing the Costing run on 15th of March and you have selected the "Costing Date From" as 15th of March only. In this case, you will be able to Save, Mark and Release the Cost Estimate immediately because the date on which you are running the Cost Estimate and the date from the released Std Cost to be effecive ("Costing Date From") are same.
In the same example, your are running the Cost Estimate on 15th of March, where as the "Costing Date From" is given as 1st of April, then, you will be able to Run/Save/Mark the Standard Price on 15th of March itself and the Price will be appearing as "Future Std Price" in Material Master, but, you will be able to Release it only on 1st of April (then the Std Price will move from "Future Std Price" to "Current Price" in Material Master).
I hope it is clear...Pls revert back for further explanation...
Srikanth Munnaluri

Controlling area & operating concern must have same fiscal year variant

Dear Experts,
Whether i can assign two controlling area with different fiscal year variant to one operating concern.
Getting error 'Controlling area & operating concern must have same fiscal year variant'
Fiscal year variant must be same or Number of posting period must be same.
regards
RR
Moderator: Please, search before posting

Hi ajay,
I did the testing also,
System is showing error msg' Controlling area & operating concern must have same fiscal year variant'
But someone told me. number of Posting period must be same not fiscal year variant.That why i am confused.
I assigned all company code same posting period variant in different controlling area.Still facing same error.
That why i have posted in SDN.
regards
RR

Multiple Fiscal year variant

For global consolidaiton I have all company with same fiscal year variant.
For 2 regional consolidation I have different kind of fiscal year variant.
Do we handle different fiscal year variant thru different consolidation area or different data basis.
What is better approach.

Colin,
Could you please explain more how this is accomplished?
I have not seen this before.
Thanks.

Define depreciation areas with different fiscal yr variant under 1 cod.

Hi FICO Gurus,
I am a new student in FICO, here i have a question as following, ask for help,
Does anyone know how to define depreciation areas with different fiscal year variant under one chart of depreciation?
Such as:
Book Keeping Fiscal Year Variant 1: Jun-15-2007 to Jun-14-2008, Non-Calendar Month
Tax Calculation Fiscal Year Variant 2: Jul-01-2007 to Jun-30-2008, Calendar Month
So far as I know, SAP provides Specify Different Fiscal Year Variants on Depreciation Area. But it requires the same starting date and ending date for fiscal year variants.
Right now, the scenario here is different book fiscal year variant and tax depreciation fiscal year variant with different time span.
Does Anyone know feasible and tested solutions?
Any responses will be awarded.
Thanks a lot!
Samson

I believe - and this is only my belief - (haven't tried it before) - you can define Depreciation Areas like you wanted.
Broadly, the steps to do this would be:
Create a Chart of Depreciation and create two Depreciation Areas within this for your Company.
The chart of Depreciation will be assigned to the company code level, so you are okay there.
Now create a FYV corresponding to the June 15 - June 14 depreciation year and assign these to the Company Code using the menu path:
Asset Accounting --> Valuation --> Fiscal Year --> Fiscal Year Variants --> Specify other versions on Depreciation Area Level.
Here, pick your company code and you should see both the areas assigned to it. Assign the FYV as required and then check to see if it works.
Like I mentioned before, this is only a random thought. Haven't tried this before.
Cheers.

Period indicator with Fiscal Year Variant in MRP3

Hi SAP Gurus,
I donu2019t know the use of Period indicator with Fiscal Year Variant in MRP3 view.
For some material is maintain as
1. Period indicator u201CMu201D & Fiscal Year Variant as blank.
& for other materials it is maintain as
2. Period indicator u201CPu201D & Fiscal Year Variant as V3
What is the meaning of maintaining those different values ?
as per my understanding I only know that as per those indicator consumption data is store in table MVER.
Is there any other table / data gets affected due to this indicator.
Plz help.
Best Regards,
Parag Save.

Hi,
Nomally, period of 12 months, for which the company produces financial statements or analyse inventory.Under certain circumstances, fiscal years containing fewer than 12 months are also permitted (short fiscal year
When defining your fiscal year, you have the following options:
Your fiscal year is the calendar year
In this case, you must only select the Calendar year field.
Your fiscal year is not the same as the calendar year and is not year-dependent
Your fiscal year is not the same as the calendar year and is year-dependent.
In customizing (spro), you make these setting in transaction OB29.
Regards,
SATYAJIT

How to Ignore Fiscal Year Variant in BEx Query displayed with FISCYEAR?

Hi All,
I am developing a report.
In which I have taken Fiscal Year in columns.
When I executed the report Fiscal Year is showing with Fiscal Year Variant, I mean it is displaying as K5/2009.
Please let me know the settings how to ignore Variant? I mean Fiscal Year should show 2009 only.
Regards,
HM.
Edited by: Hariman on Nov 9, 2010 7:47 AM
Edited by: Hariman on Nov 9, 2010 8:05 AM
Edited by: Hariman on Nov 9, 2010 8:13 AM

Hi,
Fiscal year variant is compounded to Fiscal year. So in Bex query output it will be the format.
In case you need to remove the fiscal year variant you need to write customer Exit code.
-- Selva

Turkey: year end close RFSUMB00 / fiscal year variant

Hello guys,
I am wondering if anyone of you have had this requirement before.
Running RFSUMB00 on a Turkish company code will blow away the balances from all G/L accounts so that each individual account has a balance of 0.
Questions:
1. How do you manage revenue accounts (cost element categories 11 and 12). A pure cost centre is not enough as CO account assignment. You can switch off error message KI 166 (so that no COPA documents are then created), but is this really wanted?
2. If each individual account has a balance of 0 at year end, how to create a B/S and P/L for that year? Especially, for previous years? The only thing that comes to my mind is using special periods (13 to 16), but.... -->
3. ...in our system, the FI fiscal year variant is not K4, but a custom variant. The fiscal year (of the group) does not end on 31st December. I have a small FI-SL application running in the background (with K4 assigned there), and I could change the FI-SL period to 13 during the document transfer easily, but I ask myself why I do not post all of these funny closing documents directly in FI-SL then? This would save me from the usage of dummy assets/customers/vendors and the continous changes made to the "automatic postings only" flag (SKB1-XINTB).
Turkey experts, any hints welcome. What are your best practices?
Thank you,
Csaba

Yes frank,
GL closing should be carried only after all the sub ledgers are closed
for asset closing
you should open the new fiscal year first (AJRW) and then close the existing fiscal year. (AJAB)
otherwise FI-AA and Fi-GL may not reconcile (use tcode ABST2 to check this)
Regards
Sach!n
Edited by: Sachin Bhutani on Jan 30, 2010 3:32 AM

Funds Management and Fiscal Year Variant Change

Hello !
We are configuring a new fiscal year variant.
Currently, the system is on a CALENDAR YEAR FY variant and we are doing the following:
1. creating a shortened FY of Jan 2009 - Mar 2009
2. new fiscal year from April 2009 - Mar 2010
We are trying to change the FY variant for Funds Management via OF15 but receive the error FI674.
FI674:
You must not change the fiscal year variant in Cash Budget Management or Funds Management for FM area FM01 if actual data already exists for FM area FM01, or if one or more of the company codes assigned to FM area FM01 is active.
We have found oss note 719597 which details how to change the FY variant for Cash Budget Mgmt, but it does not apply to Funds management.
I could find no other supporting documentation.
Can anyone guide us as to how to deal with this issue?
Thank=you !

Hello Patti,
The point is that it is not possible to change fiscal year variant if actual values exists.
You are trying to do a change in January. You probably have some postings in 2009 already.
In the area of PSM-FM there is no note like 719597 of TR-CB.
Only if no actual values exist, this customizing change would be possible and reasonable.
If you are doing this setting in your customizing client, you can delete the postings (please DO NOT do it if you are in production) that exist in 2009 and try again.
SAP do not recommend to change a Fiscal Year Variant that has already been assigned to a company code and has already some postings. This may create database inconsistencies.
You can create another Fiscal Year Variant with the information that you want to be customize, and this variant you will be able to assign to a company code. Before you assign this new variant to a company
code please be sure that none of the information that you already posted in this company code will be affected, this information you may review it with your consultant on-site.
Also please review/apply note 173636, 202687, 10945, 193713, 123026, 210861 which may happen in your system.
The fiscal period is related to the posting date via the fiscal year variant. E.g.: I you do a posting on 5.5.2009 it will be posted e.g. in period 5 for fiscal year variant 'A'. This period is not only used in the document header table (BKPF,VBRK,MKPF ...) but also in several balance table (GLT0, KNC1 ...) not only in FI but also in SD, MM, CO .... If in the new fiscal year variant 'B' this posting date is related to another period e.g. 7 the relation between documents and Periods and balances will be destroyed.
The problem will be enhanced if the posting-date would be related to diffrent fiscal years.
In addition several reports in AP/AR and GL reread period-depend data by selecting the posting-date regardless of the period in the document because it's not normal practise to change the fiscal year variant of a company code.
Some of the involved issues are:
- FM actuals and commitments may need to be reconstructed if their period- (or even fiscal year-) assignments is changed.
- FM actuals/commitments can not be reconstructed if fiscal year change activities have already been performed (commitment carry forward, FMJ1, FMJ2).
- Budgeting data and assigned values may principally be concerned as well, especially if you are working with period values in budgeting.
The change of fiscal year variant has several implications and should be analyzed very carefully.
Please check note below for more information:
Note 672255 Shortened fiscal year / changing fiscal periods
I hope it helps you and good luck
Best Regards,
Vanessa.

Multiple Fiscal Year Variant in the same client in SEM-BCS...

I have already looked at some earlier threads relating to this but didn't get a convincing answer to what I would like to know.
We have had a working SEM-BCS system with fiscal year variant K4. There was no need for defining leading fiscal year variant and none was defined. SAP, by default takes, K4 as the leading fiscal year variant.
Now there is a requirement for going on a different fiscal year variant for which we have created another databasis (there were a few other reasons besides these) with the same InfoObjects that we used earlier but with different fixed parameters, one of which is fisc year variant V9. Soon, we started experiencing bizarre dumps in the configuration which ultimately convinced me to define a leading fiscal year variant. I was reluctant to do so because there is a lot of old data (which will become 'historical' from new data basis point of view) from the working system on K4 that would still need to be reported on even when we have new BCS solution in the new fiscal year variant V9. That is not going away. There is a need to keep the old data for reporting (hence the rationale for a different data basis among a few others).
Since earlier Master Data was configured in the old fisc year variant K4, now I have defined the leading fiscal year variant as V9 so that MDF can appropriately identify the period dependency.
I would like to know if any of you have had an unexpected behavior from the system going forward. Does the system dump out when you try to read the old data (from earlier K4).
I have tried to explain the dilemma as clearly and succinctly as possible but if you need more clarifications, please do let me know.
I would really appreciate your help in this.

Is your requirement is that K4 to be changed to Z5.
The best way you can do it is in the transformation. Instead of directmapping,
Write a code like this in the trransformation to the cube
If SOURCE FIELD - 0FISCVAR eq 'k4'.
SOURCE FIELD - 0FISCVAR = 'Z5'.
I dont think we can change th data in the query being displayed. we can change the keyfigure values in query by frmulas etc...
but for a characteristic, i think we will be able to restrict bt not change the value.
to obtain the requirement, w have to get the data change before query designer that is in the cube leve.
Hope this helps,
Sri...

Balance sheet with 2 diff fiscal year variants

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