Can a weekly fiscal year variant have different number of posting periods?

Hi Friends,
Our demand planning team needs a weekly fiscal year variant (X) that will be assigned to all material master data.  X is year dependent and needs to be consistent with our fiscail year variant Y which is assigned to all company codes.
I input "52" as number of posting periods for X, but the problem is: every 6 years, there is an additional week in this fiscal year. 
This means, the number of posting period is also year dependent.  Although most of fiscal years have 52 posting periods, some will have 53 posting periods instead. 
I cannot create another fiscal year variant Z just for these 53 posting periods, because the material master data is not year dependent, I can only assign either Y or Z.
Have you ever encountered this situation?  If so, could you please share your solution?
Thanks,
Jennifer

You can always have 53 period year independent fiscal year variant as explained below.
We have 365 days in normal year, and 366 days in leaf year(comes every 4 years).
In leaf year you will get 8 days in period 9 and 1 day in period 53.
In normal years all periods 7 days and 1 day in period 53
Month       Day       Period
1                    7             1
1                   14            2
1                   21            3
2                   25            8
3                   4              9
12                 23           51
12                 30           52
12                 31           53
You can have the same Fiscal year variant always.
Hope this will workout for you
Prasad
Edited by: Prasad Yarra on Nov 5, 2009 10:17 PM
Edited by: Prasad Yarra on Nov 5, 2009 10:54 PM

Similar Messages

  • Assigning Different Fiscal Year Variants between comapny codes

    Folks,
    We have 2 company codes 1000 and 1010 both are assigned to controlling area 2000. I want to know what are the impacts of assigning company 1000 and 1010 to different fiscal year variants. I get this warning message when i try to save.
    Please advice if this is advisable to do? and what are the impacts.
    Message no. KT297
    Diagnosis
    Fiscal year variant K4, controlling area 2000, does not agree with fiscal year variant V9, company code 1010.
    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.

    Dear Zaid Azam,
    you have assigned 1000 and 1010 to one controlling area 2000,
    To assign more than one company code to one controlling area the below are conditions
    1) The Operative fiscal year variants in the company codes must match the fiscal year variant in controlling area.
    2) The company codes must use the same chart of accounts.
    So  if you are assigning other fiscal year variant where the number of posting periods are different, hece system giving an error.
    Thanks and Regards
    A.Rama Krishna

  • Use of different fiscal year variant in leading&non leading ledgers and Asset closing&Reporting

    Experts,
    Need one clarification on using different fiscal year variants for Leading(0L)&non Leading(NL) Ledgers and impact on Fixed Asset Accounting.If I use say V6(Jan2013-Dec2013) for Leading Ledger and April2013-March2014 for non leading Ledger,(local GAAP)-please clarify the following.
    1.Does Asset Accounting gives all standard reports as expected in both(Leading&Locals) the Depreciation areas?Do we need to any settings specially for in the above scenario?(I am assuming point#4 given below may not help for this as system gives an error if both the fiscal year variants have different start&end dates)
    2.How is Year end in Asset Accounting handled?If I close the year end in Asset Accounting for Company Code as per Leading Ledger i.e say by Dec 2013,can I still post the asset entries in non leading ledger?Because Financial year for Leading ledger will be 2014 and non leading will be still 2013(in Jan2014).
    3.I am aware SAP has some restrictions way back in 2005-2007 (SAP note 844029) for different fiscal year variants in Leading&Non Leading Ledgers,Does SAP come out with any solution later?
    4.What is the exact use of the settings at  Asset Accounting>>Valuation>>>Fiscal year>>Fiscal year variants  at company code level or Depreciation area level?My understanding here is,they are not meant for using different fiscal year variant with different start&end dates but they are meant for using different fiscal year variant with same START&END DATES  and have different number of posting periods i.e 1 can have 12 and other can have 13.
    Please can you give your comments?
    regards
    hinfi

    Hi Hinfi,
    It seems standard SAP does not manage different fiscal year variants (at least with different start/end dates) in different depreciation areas.
    However, they came up with an add-on solution called Multiple Calendar Tool and based on a mirroring solution that synchronizes asset transactions in a mirror company code.
    It's all explained in following notes:
    Note 1175751 - Project solution for alternative fiscal year variant
    Note 1636025 - Asset acctg multi calendar tool 1.0_ SP Note
    Note 1658489 - Installation of Asset acctg multi calendar 1.0 software
    Note 1658714 - Asset acctg multi calendar tool_ Overview Note
    Note 1691481 - Release strategy_ Asset acctg multi calendar tool
    Note 1951069 - Different fiscal year variants in General Ledger Accounting (New) (NewGL) under the new Asset Accounting (FIN_AA_PARALLEL_VAL)
    I don't know if it's commonly used and personnaly have no feedback on it. I was curious to check how to manage a depreciation area 01 posted in a leading ledger in US GAAP (FYV january to december) and another depreciation posted in a non leading ledger in Indian GAAP (FYV april to march).
    BR
    Gregory

  • Fiscal year variants in co.code  have inconsistent start date.Msg no AC531

    Hi Experts
    We went  with 24 periods after Go live.  I am trying to assign the TAX basis fiscal year variant(TX) at Depreciation area level. But it's not letting to add with the following error message.
    Fiscal year variants in co.code  have inconsistent start date
    Message no. AC531
    Diagnosis
    The first day of the fiscal year for variant TX (24periods) in company code in Asset Accounting differs from the first day of the fiscal year for variant  D1(12 periods) in General Ledger Accounting.
    However, both variants must have the same start and end date! Only the periods within the fiscal year can be different in the two variants.
    Please guide me how to fix this error message.
    Thanks in advance
    Meenakshi.N
    Edited by: Meenakshi.Nakshatrula on May 3, 2010 5:45 AM

    Hi,
    Message no. AC531  says:                                                                               
    The first day of the fiscal year for variant K4 in company code in Asset     
    Accounting differs from the first day of the fiscal year for variant NL      
    in General Ledger Accounting.                                                                               
    However, both variants must have the same start and end date! Only the       
    periods within the fiscal year can be different in the two variants.         
    The error is described in note 844029 :-                                                                               
    In the NewGL in Asset Accounting, it is still not possible for               
    depreciation areas to have fiscal year variants with different start and     
    finish dates. If you try to assign a fiscal year variant to an area,         
    whereby the fiscal year variant infringes this restriction, the system       
    issues error message AC 531.                                                 
    Regards Bernhard

  • Diffrent Fiscal year Variant ?

    Hello Friends
    For the different company codes using the same controlling area must have same fiscal year variant.
    But in my scenario 1 company code having period from jan to dec and another having period from April to march
    Pls suggest me how we can do that?If not is there any otherway of solving this issue?
    I need your suggestions
    Thanks
    Anup

    Hi,
    the best documentation is the <a href="http://help.sap.com/erp2005_ehp_02/helpdata/en/da/6ada3889432f48e10000000a114084/frameset.htm">online documentation at help.sap.com</a>
    From your point of view, the most important things are:
    1. Define a table group in transaction GCIN. Include all fields in object table 1 that you want to report on (with the different fiscal year variant). If this is a legal requirement as I suppose, then you probably only need the GL account (RACCT) field. You may require other fields as well, depending on your requirements.
    2. After the table group is defined, you have to check and install it. Installation means here the new table group is added to the Special Ledger environment, i.e., it is added to many customizing tables + lots of standard ABAP code is regenerated.
    3. Now you can create a ledger for your new summary table (this is one of the 4 or 5 tables in your new table group). in transaction GCL1. You should assign the company code where the alternate fiscal year variant must be used to the new ledger. Obviously, you should change the fiscal year variant in the assignment screen to the alternate one (the default would be tha FYV that you have assigned to your company code in OBY6  , this is the controlling area's FYV as well).
    4. Then you have to asign "activities", or "business transactions" to the ledger/company code combination. Use the button "Activities like GL" here to make sure all relevant items are transferred to your ledger. That would be about 30 activities. Each of them require a "field movement rule" assigned, but the same rule can be used for all, so you have to create it only once. The best way to do it directly from here (you are still in GCL1), by clicking F4 and when the message comes, no entries found, you can start creating it. The field movement rule is nothing else than the rules how fields of the original (FI, MM, SD) documents are transferred to the fields in your FI-SL table. You can check out the proposal button here. RACCT should be populed from HKONT, the rest is I think obvious.
    Back to GCL1, you have to set the posting indicator for each activity (business transaction) to 3. This makes sure online data transfer and subsequent data transfer both are possible.
    5. Save your work.
    6. Then you can start transaction GCU1 and take over all documents available in FI to your special ledger (if you have some postings already)  . Or you can post a new document and check if it was transferred (it should). Example: in FI (fiscal year variant April to March) you post a document with posting date 01.April 2007.  This is period 1 in FI then. The same document is transferred for period 4 in the SPL.
    7. You can use the Report Painter / Report Writer tools to report your data. ALso you can consider report RFBILA10, which is almost the same as well-known RFBILA00, only that it can display data from a special purpose ledger.
    Hope that helps, points welcome
    Csaba

  • Fiscal Year Variant change

    Hello,
    We are being asked to switch our fiscal year variant from 445 to calendar month based beginning 1/1/2010.  I am curious as to how to approach this change from the BW perspective.
    I first did a quick look at the system to see how and where fiscal year variant is used. 
    What i found is that:
    1. Fiscal year variant is used in our cubes as part of the transaction data
    2. Almost all the queries have the FYV as part of the query definition.  (won't be able to restrict to just 1 FYV since it will rule out many records since FYV is part of transaction data in our cubes)
    3. Many queries compare current Fiscal periods to prior fiscal periods and and ranges too.  This is enabled by using variable exits for 0FISCPER etc.
    4. There are some Restricted Key Figures that have the FYV as part of thier definition.
    5. Many DSO objects have the FYV as a key field.
    What do you recommend from your own experience with regards to how to handle this change.  I am curious what the impacts will be and what I should be prepared for.  I am guessing that data in our DSO's will pile up since starting 1/1/2010 every record will have a new FYV (remember FYV is a key field), also I am curious how time based variable exits will work, since I think they depend to some extent on a single FYV.
    Any advice or recommendations on how to approach this change is appreciated.  Also what decisions have to be made if any...
    Thanks!
    Nick
    Edited by: Nick Bertz on Dec 3, 2009 3:17 PM

    Hello,
    Okay here is one thing that i have run across that i do not understand.  I am using Offsets in a query.  Everything works fine with regards to these offsets, except for when i introduce 2 Fiscal Year Variants. 
    Once there are 2 fiscal year variants, the offsets are completely ignored.
    Does anyone have an explanation why variable offsets would no longer work when there are 2 fiscal year variants on the same report?
    When i launch this query in the web browser from Analyzer I get the following error message:
    Diagnosis
    Variable ZS_FPER2 contains a fiscal year period which is to be moved by 10 periods. Before this can occur, the fiscal year variant must first be specified clearly so that the number of periods in the fiscal year can be determined.
    System Response
    Procedure
    If the fiscal year variant exists as a variable, enter a value for this variable. If the fiscal year variant is not specified in the query, you must include it in the query.
    You can specify the fiscal year variant either globally or for the InfoProvider specifically.
    Procedure for System Administration
      Notification Number BRAIN 618 
    Thanks,
    Nick
    Edited by: Nick Bertz on Dec 29, 2009 4:15 PM

  • Fiscal Year Variant for non calendar year

    Dear Experts,
    The fiscal year for my client is as follows:
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         End Date
    Month 1     -
         21-Mar     -
         20-Apr
    Month 2     -
         21-Apr     -
         21-May
    Month 3     -
         22-May     -
         21-Jun
    Month 4     -
         22-Jun     -
         22-Jul
    Month 5     -
         23-Jul     -
         22-Aug
    Month 6     -
         23-Aug     -
         22-Sep
    Month 7     -
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         22-Oct
    Month 8     -
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    Month 9     -
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         21-Dec
    Month 10     -
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    Month 12     -
         20-Feb     -
         20-Mar
    Accordingly i have created a fiscal year variant with following details:
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         Date     -
         Period     -
         Year Shift
    4     -
         20     -
         1     -
         0
    5     -
         21     -
         2     -
         0
    6     -
         21     -
         3     -
         0
    7     -
         22     -
         4     -
         0
    8     -
         22     -
         5     -
         0
    9     -
         22     -
         6     -
         0
    10     -
         22     -
         7     -
         0
    11     -
         21     -
         8     -
         0
    12     -
         21     -
         9     -
         0
    1     -
         31     -
         10     -
         -1
    1     -
         20     -
         10     -
         -1
    2     -
         21     -
         11     -
         -1
    3     -
         20     -
         12     -
         -1
    But when i try to save the above periods for the variant it gives an error as
    "Financial year variant periods T1 incomplete (31.12 missing)".
    Can you help me know where am I going wrong in this?
    Regards
    Amar
    Edited by: Z_Amarendra on Dec 7, 2009 9:52 AM

    Dear Experts,
    Solved the problem myself. Thank you
    Regards
    Amar

  • Multiple Fiscal year variant

    For global consolidaiton I have all company with same fiscal year variant.
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  • 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:
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    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:
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    Hello Patti,
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    In the area of PSM-FM there is no note like 719597 of TR-CB.
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    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.
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    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.
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    Note 672255 Shortened fiscal year / changing fiscal periods
    I hope it helps you and good luck
    Best Regards,
    Vanessa.

  • Can you have more than one Fiscal Year Variant

    I know each Company Code can have only one Fiscal Year variant.  But what if you have multiple ocmpany codes and one company code is in a country that has to use the calendar year as the fiscal year while the second company has a fiscal year that runs from April through March?  Can this exist and you can still produce Consolidated Financial Statements?

    You can't assign more than one Fiscal Year Variant to a Company Code up to Version 4.7
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  • Controlling area & operating concern must have same fiscal year variant

    Dear Experts,
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    regards
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    Moderator: Please, search before posting

    Hi ajay,
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  • Different fiscal year variants

    Our client follows two fiscal year variants. For global reporting purpose they follow a different convention 445. For meeting local reporting requirements at subsidiaries in different countries calendar year Jan to Dec is followed. Both the fiscal year variants will have different start and end dates for any fiscal year. As far as GL reporting is concerned we could achieve this by using new ledger solution.
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  • Asset Register with different Fiscal Year Variant

    Ministry Of Commerce requires Power Line Carrier Companies to maintain
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  • One Controlling Area for Two CoCds with different Fiscal Year variant

    Hi,
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  • Use of Different Fiscal Year Variant-Statistical Depreciation Area Postings

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    Run the retirements list. Report date: 7/31/2012. Posting Date: 1/1/2012 to 7/31/2012. Export the report to MS Excel.
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