Changing Financial Years by 1 Month

Hi,
A client has asked for advice regarding changing the financial year from March/February to April/March and the implications of, say, creating a new year consisting of a single month or simply leaving the current year "open". I've got as much assistance as I can from Oracle Support (via
metalink.oracle.com) regarding how to actually do the changes - but they appear to suggest a complex solution involving creating a new set of books which the Institutes were not keen on, and were not forthcoming regarding the possible implications of making any changes.
Core Financials are currently implemented, together with CE and Assets.
Has any one done this, and could you share your expertise? I am particularly keen on the implications of doing it.
Regards
Uwem

Hi,
We are also facing the same issue. If you have some knowledge can you pls share it?
Regards....Saugata
[email protected]

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    Hello All,
    I want to be able to accumulate all values in a financial year progressively each month and then begin again as a new financial year has been reached.
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    Month______ Value
    May-08_____ 123
    Jun-08______ 432
    Jul-08_______12
    Aug-08______76
    Sep-08______122
    Oct-08______433
    Nov-08______165
    Dec-08______232
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    Sep-08______122_____210
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    Dec-08______232_____1040
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    Feb-09______365_____1616
    Mar-09______122_____1738
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    Edited by: Species 5618 on Mar 6, 2009 10:51 AM

    Hi Frank,
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                     SELECT 165 Month_Value, TO_DATE('01/11/2008') Month_Fiscal_Year FROM DUAL UNION ALL                   
                     SELECT 232 Month_Value, TO_DATE('01/12/2008') Month_Fiscal_Year FROM DUAL UNION ALL                   
                     SELECT 211 Month_Value, TO_DATE('01/01/2009') Month_Fiscal_Year FROM DUAL UNION ALL                   
                     SELECT 365 Month_Value, TO_DATE('01/02/2009') Month_Fiscal_Year FROM DUAL UNION ALL                   
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    MAI-2008                  123        123
    JUN-2008                  432        555
    JUL-2008                   12         12
    AGO-2008                   76         88
    SET-2008                  122        210
    OUT-2008                  433        643
    NOV-2008                  165        808
    DEZ-2008                  232       1040
    JAN-2009                  211       1251
    FEV-2009                  365       1616
    MAR-2009                  122       1738Regards,
    Christian Balz
    Edited by: Christian Balz on 05/03/2009 17:02

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    it would be better to go for mar to feb as per our inidan fin year
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  • Chart x label start from July to June in Financial Year

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    I am using SSRS and I cannot access SQL server to answer my problem, so the solution needs to be done via SSRS only.
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    Hi Northern,
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    SELECT
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    YEAR(Calendar_Date)+1
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    Regards
    Vicky Liu
    Vicky Liu
    TechNet Community Support

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    https://service.sap.com/sap/support/notes/672255

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    Rgds
    B Mittal

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