Calculating prior months using off-set and crossing to prev year

Gurus,
I am getting current month period based on user entered value and calculating prior month by off-setting current month by 1.
it works fine when current month value is greater than 1. If it is 1, prior month does get evaluated as 12 of previous year.
Example...
If Current period is - Feb, 2008 (02/2008). previous period comes fine as Jan, 2008.
If current period is Jan, 2008 (01/2008) perious period is unknown. (I want it to be 12/2007).
is there way to handle this without too much coding etc?
Regards,
-SM

Mayank,
What is SAP variable for Fical Year/Period, which will have both month and year value? (I guess I need to Fiscal posting period rather than Cal month?)
Also what is SAP variable for Quarter/Year? I need to off-set of quarter also.
Thanks, -SM

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