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

Similar Messages

  • Fiscal Year Variant in Controlling Area

    Hi All,
    Scenario 1:
    I have a Company code with FYV  "A" with 12 Normal Periods and 4 Special Periods(Apr - Mar), and I have another company code with FYV "B" with 12 Normal Periods and 4 Special Periods(Apr-Mar).
    Can I assign these two company codes on Controlling Area?
    Scenario 2:
    I have a Company code with FYV  "A" with 12 Normal Periods and 4 Special Periods(Apr - Mar), and I have another company code with FYV "B" with 12 Normal Periods and 4 Special Periods(Jan-Dec).
    Can I assign these two company codes on Controlling Area?
    Thanks for your help
    Best Regards
    Swamy

    Dear Ranga,
    I thought i will give more information.
    The fiscal year variants for the company code and the controlling area can have a different number of special periods, but must have the same number of posting periods. The period limits for the fiscal year variants must also match up. In FI, special periods are used for adjustment postings at year-end closing, or for revaluation. If FI has been set up with four special periods, but CO with only one, then the postings for the second, third, and fourth special periods in FI are posted to the first special period in CO. If there is no special period in CO, the FI postings in the special period are posted to the last posting period in CO.
    Regards
    Assign points

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

    An existing Company Code in SAP is going to have Fixed Assets implemented.  This Company Code is setup just like the others in our SAP instance: Same Chart of Accounts, Same Fiscal Year Variant, Fixed Asset procedures, etc.  For purposes of this question our company's Fiscal Year is from August 1st to July 31st.  In addition, this Company Code will post Fixed Assets just like the other SAP enabled Company Codes into Book Depreciation Area 01.  The company I work with is on ECC 6 but we use the Classic Ledger for Financials, and the Special Ledger is posted to but not really utilized.
    For the Country Specific/Tax Reporting purposes within Fixed Asset Accounting we have created a Statistical Depreciation Area 03 (I will call it Tax) with its own Life and Depreciation Key assignments with a setting of 0 in OADB-No Posting in GL for this Fixed Asset go-live, so I think we are set there.  The tricky part comes in the reporting.  The country in question requires information to be generated on a Calendar Year basis, which is obviously different than the Fiscal Year outlined above.  To my knowledge we would have to assign Tax Depreciation Area 03 to the Calendar Fiscal Year Variant: Financial Accounting>>Asset Accounting>>Valuation>>Fiscal Year>>Fiscal Year Variants>>Specify Other Versions on Depreciation Area Level. 
    The other piece of this is to get the Fixed Asset Reporting for Tax Depreciation Area 03 to work on a Calendar Year basis for the Company Code in question.  When I did some research I stumbled upon the link below.  In summary it says that you have to manipulate the standard Fixed Assets reports in Excel for Asset Acquisitions and Depreciation, and setup a new Retirement routine/transaction for posting into the Special Depreciation Area.
    http://help.sap.com/saphelp_46c/helpdata/en/05/bc0bf3d8f811d1953e0000e82debf7/content.htm
    My questions are:
    1) Besides assigning a different Fiscal Year Variant for Tax Depreciation Area 03, is there anything else I need to worry about on the setup end?
    2) Is the article I posted accurate when it comes to how the reporting works and the need for setting up a Calendar Year specific Asset Retirement Routine?  If so, what are the configuration steps for setting up a Calendar Year specific Asset Retirement Routine?
    3) Is there anything else that I need to consider for enabling Fixed Assets at an existing Company Code with different Reporting requirements for Book/Tax purposes?
    Thanks in advance for all responses.  I am willing to answer any other questions on this subject if needed.
    Roman

    Hello Rio.  In our scenario, we still had to load assets in the legal entity with this issue.  When we loaded the fixed asset data into SAP we did with data accurate as of December 31, 2011; which for book purposes is 5 months into our company's fiscal year, and for tax purposes is the end of the 2011 calendar year.  The calendarized reporting for the tax depreciation will need to be pieced together manually using the SAP recommended methodology of combining report values, which I have pasted below.
    Since this is the only SAP-enabled entity that has this scenario right now we are in wait and see mode to see if this sufficient.  In the end the SAP path for Dual Calendar was too much of a risk.
    I hope this helps.
    Roman
    Asset Acquisitions 
    Run the acquisitions list. Report date: 7/31/2012. Posting Date: 1/1/2012 to 7/31/2012. Export the report to MS Excel.
    Run the acquisitions list. Report date: 7/31/2013. Posting Date: 8/1/2012 to 12/31/2012. Export the report to MS Excel.
    Add the values of both reports together, using MS Excel.
    Asset Retirements
    Run the retirements list. Report date: 7/31/2012. Posting Date: 1/1/2012 to 7/31/2012. Export the report to MS Excel.
    Run the retirements list. Report date: 7/31/2013. Posting Date: 8/1/2012 to 12/31/2012. Export the report to MS Excel.
    Add the values of both reports together, using MS Excel.
    Depreciation
    Run the depreciation list. Report date: 7/31/2012. Export the report to MS Excel.
    Run the depreciation list. Report date: 12/31/2011. Export the report to MS Excel.
    Run the depreciation list. Report date: 12/31/2012. Export the report to MS Excel.
    Using MS Excel functions, subtract the second report from the first, and then add the third report (I - II + III).

  • 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

  • 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

  • Different Bank charges GL account for two company codes with same COA

    Hi,
    While configuring OBXK ( Automatic GL account for bank charges)  , I see there is provision to enter only one GL account per chart of accounts.
    We have two company codes using same chart of accounts but different bank charges GL account. Please tell me how to configure this.
    Thanks,
    suresh

    Hi,
    Thanks Krishnan and Chandra.
    I agree with you it could be the same GL account for bank charges, but the business requirement is such that in one of the two company codes, bank charges are required to be tracked separately to be subsequently transferred to the other company code. This means two separate GL accounts are required for two company codes which needs to be configured in OBXK.
    Hope this clarifies my query further.
    thanks,
    suresh

  • 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

  • Different 'MWST' Tax rate for company codes with same country

    Hi Experts,
    I am not an SD expert, but need some inputs on a requirement. We have the manual condition type 'MWST' for tax conditions and the 'MWST' rate is set for different countries.
    We have Sales Organization 'A' and 'B' which are for the same country (JP) and the requirement is to have tax as 7% for Sales org 'A' and no tax (0%) for  'B' in billing for the same billing material . But when we set the tax classification in material master, for Sales Org 'B' and the billing material, the system automatically changes the classification for 'A' also to 0% since the tax classification is based on country and not sales organization. Here both the Sales org is for the same country 'JP'.
    Is there any other way or configuration through which we can achieve this requirement ?
    Your thoughts are much appreciated.
    Thanks,
    Dhan

    Well mate, Vemuri provide an alternative from FI point of view. From SD standing I'd suggest to work out the condition technique as this condition type (MWST) has an access sequence MWST (the same code) and it has 3 tables related:
    78 - Departure Country / Destination Country
    2 - Domestic Taxes
    11 - Export Taxes
    What I can see is that you need to include the value Sales Organization in one of the tables.
    NOW, IF YOU DONT WANNA MESS WITH THE CONFIG...
    The customer has Tax indicators in its Sales Area Data, why don't you just set the value there to determine always 0% tax for the Sales Org you want?
    Look forward for your remarks.
    Saludos!
    Ricardo

  • Not able to post to asset for the company code 5101 in fiscal year 2011

    Hi,
    I have created a Purchase Requisition(PR) for Account Assignement Cat as A in ME51n. And assigned an Asset number.
    In ME57, with ref to the PR created, I created a PO.
    While trying to do goods receipt for the PO at MIGO_GR,am able to generate the Mat Doc number but there are no subsequent Accoutning Documents available.
    Similarly while performing invoice handling Tcode - MIRO, am getting error message as "You cannot post to asset in company code 5101 fiscal year 2011
    In PO, under Account Assignment Tab,Distribution is: Single Account Assignment and Under Delivery, GR Non Valuated is unticked.
    Your help will be appreciated.
    Thanks,
    Nirmala

    Hi Nirmala
    There are 2 issues
    1. OME9: Account Assignment Category A - You hve ticked GR Non Valuated there
    Hence, accounting doc is not generated @ MIGO.. It is generated at MIRO....
    If you want accounting doc at MIGO, then untick the same in OME9... Also, you would need to untick the same in PO, if available for modification....If not available, then delete the Line item and create a new one
    2. It seems you have not opened FY 2011 for assets...
    Do AJAB to close 2010 and AJRW which would open 2011... You can open 2011 w/o closing 2010, provided 2009 is closed...
    Br, Ajay M

  • How to change the fiscal year in the controlling area?

    I want to change the fiscal year mentioned in the controlling area. The problem is that the controlling area is assigned to a company code and number ranges have been defined and cost center hierarchy has been created.
    Please suggest me what to do?
    Thanks in advance

    Hi
    If its a Productive system - You cant change the FY.. You need to take SAP SLO Service.. Its a chargeble one
    If its a Test system and data is posted, then you need to delete the data 1st of all... I advise create a new contr area / comp code
    "Activate components & Control Indicators" - Just COPY 2011 and make it 1900 or any year of your choice
    br, Ajay M

  • FIscal Year change in Controlling Area

    Dear All,
               While maintaining fiscal year in controlling area I entered wrong fiscal year, How can I change Fiscal year in conrolling area?
    Mahendra

    Hi,
    please note this 2 points:
    1. if transation data is ther system will not allow you to change in  fiscal year.
    2. if transation data is not there system will allow you to change the fiscal year, you can change and transport in to quality client test it.
    Regards,
    Upendra.
    Edited by: anupendra on Dec 8, 2011 10:08 AM
    Edited by: anupendra on Dec 8, 2011 10:08 AM

  • 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

  • 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

  • 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

  • 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.

Maybe you are looking for