Financial Year end Change

Dear all
The Finnancial year end for my client was changed from 31/12/09 to 31/10/09. The financial periods
was created as 12 months in the fiscal year. This has now decreased to 10 months.
I can delete the last two periods and create a new fiscal year starting 01/11/09.
but there are two problems:
1)The last two periods can be deleted but in the Posting Periods window when drilling down into one
of the remaining periods the number of periods still shows as 12.
2)A new Fiscal year with 12 periods can be created starting 01/11/09 but in the Fixed assets module
when trying to change the fiscal year I get the Following message: "There is no subsequent fiscal
year for FY09" . Also on the asset master files the depreciation is calculated for 12 months and not for
te decreased 10 month fiscal year
Please advise
Erika Boshoff

Hi Erika,
please see this wiki article:
[How to correct Posting Periods |https://wiki.sdn.sap.com/wiki/display/B1/HowtocorrectPostingPeriods]
All the best,
Kerstin

Similar Messages

Date Range according to Financial year-end

Hi
I'm building this Discoverer report and one of my parameters is a LoV date field, which gives me a date range from Jan to Dec each year. Now my problem is, I want my date range to be as per our Financial Year End, which is from 01-Oct-03 to 30-Sep-04.
You'd find "<All>" amongst the range. This "All" currently indicates date between Jan 2003 - Dec 2003. Now I need to write a query/trigger that will put my date range to be between 01-Oct-02 to 30-Sep-03 recurring automatically after each Financial year-end.
Thanks

Hi,
Although I haven't tried it, you should be able to use a combination of hierarchies and alternative sorts to accomplish this.
How have you created your list of values? If your LOV is a list of months and years e.g. JAN-2003, FEB-2003 etc, you can create a alternative sort which will make OCTOBER the first month of the year - i.e. with value 1, and NOVEMBER = 2 and so on...
Sorry this is a bit vague. I will try and test tomorrow and see if it works, but this should be enough to give you an idea of how to progress.

Financial Year-End date range

Hi
I'm building this Discoverer report and one of my parameters is a LoV date field, which gives me a date range from Jan to Dec each year. Now my problem is, I want my date range to be as per our Financial Year End, which is from 01-Oct-03 to 30-Sep-04.
You'd find "<All>" amongst the range. This "All" currently indicates date between Jan 2003 - Dec 2003. Now I need to write a query/trigger that will put my date range to be between 01-Oct-02 to 30-Sep-03 recurring automatically after each Financial year-end.
Thanks

Hi,
You might want to post the Q on Discoverer Forum also
Discoverer
Navneet.

Change of Financial Year End

Hi Experts
We have been advised that we will be changing our financial year (currently July to June) to tie in with our new acqusition companies fiscal year, which runs from January to December.This will be done with effect from end June 2012.
Consequently, we will be running a 6 month 2012 fin year (July to December 2012) and then properly aligning with the 2013 fin year from January 2013.
We have SAP version ECC6 without Flex General Ledger.
Two approaches have been identified by our consulting company :
One approach is to make use of the shortened fiscal year functionality. This would allow us to create a shortened FY2013 of only 6 months, which would run from July 2012 to December 2012.The next Fiscal Year would then start in January 2013 and run to December, as required.The only drawback is that the shortened fiscal year would have to be FY2013, although it ends in December 2012, and that going forward, the FY would always be 1 year ahead of the actual calendar year. There is a further impact, in Fixed Assets, the shortened fiscal year will need to maintain a small bit of config, (OAYP) where we stipulate that the depreciation for the shortened year needs to be reduced to match the shortened length of the year. Also in using the shortened fiscal year approach there is also apparently a couple of SAP notes that they will need to apply to ensure that the asset depreciation is correctly calculated during the shortened year.
In the other alternative the u201Cnew and correctu201D Fiscal years are created and linked to new Company Codes. All financial transactions are then posted in the new companies from period one of the new Fiscal year.
The closing balances of old companies are posted as opening balances for the new Companies.
Some of the other implications are:
The Profit Centers must be opened in the new companies.
The stock must be transferred to the new companies.
The open Purchase orders must be u201Cconvertedu201D to the new companies or new Purchase Orders must be created.
The Fixed Assets must be transferred to new companies.
The Controlling Area might be impacted.
To be able to do Comparison reports we should do a history take on. (This can only be monthly movements per profit center per GL-Account, converted to the new Fiscal periods.)
Experts, are there any other options that are worth persueing with the least business impact ? Please help, your advise will be highly appreciated.

If you do not prefer to create new company codes and undergo a conversion effort, you can go with the first alternative and then engage SAP SLO services to replace the shortened fiscal year 2013 in your system to the correct fiscal year. That way, your next fiscal will remain 2013, and your fiscal year will not be always 1 year ahead of your actual fiscal year.
Please also read the following SAP note. There is a lot of material to read in the attachments to this note, but the time that you spend reading it is time well spent.
https://service.sap.com/sap/support/notes/672255

Fiscal Year End change

Our current Fiscal Year variant is April March. However we have now been bought by a different company and the fiscal year end needs to change to Jan-Dec. Therefore this year will be a shortened year.
I have a couple of questions:
I can see in SPRO that the fiscal year can be changed (transaction OB29) to accommodate a shortened year. Currently our year is set up under K4 which is year dependant not calendar dependant. How do I modify this? Do I move the tick from one to another (ie to calendar year), or do I need to copy the K4 and use it as a new one. If I do this what else do I need to do, I know if I changed it I would need to allocate it to the company code.
2. When do the changes need to be in Production, is it before year end, last day after everyone has gone home, on day 1, or once the accounts have been finalised? I assume I could make the changes in Dev/QA before then and fully test?
3. I understand that I need to do something on Asset/Depreciation. Again please advise on the timing of this.

I wonder if you can answer something further. Our financial year used to be Jan-Dec, which meant the fiscal year number (i.e. 2002) would be the same as the calendar year date. Then we had a shortened fiscal year so we could move to April-March. This meant for example that this year (April 07 to March 08), our fiscal year is 2008. We have just had a change of ownership and yes you guessed it, the financial year needs to move again, so we are having another shortened year ending in December. This means that our next financial year which be 2009, which covers January 08-December 08.
My question is, how do I let people see this when running reports etc. In IMG you can specify text for the period, however when looking at reports or data in any part of the system, this does not seem to appear anyway.
How has anyone else got round this?

Reg : Financial Year end closing

Hello Gurus,
I am new & I want to know what is the procedure for closing FI financial year & which T-code should be used.
Regards
Reshma

hi rashma,
Pls follow the step...
Check List for FI Year End Closing
Moderator: this is useful but it belongs in the Wiki. you'll get more points there too.
Rohit agrawal

Mm related year ending

send me the financial year ending process regarding material management customisation in detail.

Hi,
You have to maintain number ranges for 2008, thru transaction SNRO.
And next period open in MMPV
Regards
Kedar
Edited by: Kedar Kulkarni on Mar 29, 2008 7:30 PM

Financial Year Change

Dear Sir,
Our company is presently following Financial Year Oct to Sep . Current Financial Year 2010 , started on Oct-2009 . Comapny has decided to change the Finacial Year from April To March . As per the decision , the Current Financial Year 2010 , will be of period Oct-2009 to March-2010 (6 month period) and will be closed on 31-Mar-2010 .
From April-2010 , new Finacial Year 2011 will start .
We are presently on ECC-6.0 and have Fixed Asset also implemented .
We request you to kindly guide us , as how should we go ahead to make these changes possible and what steps we need to follow to make the desired changes .
Kindly pl note that March-2010 closing will take some days and hence in April there will be situation when transaction are posted in FY-2010 and FY-2011 both .
We request you to pl help us .
Rgds
B Mittal

Hello,
Adding further, check these also.
1 Maintain Activity prices - KP26
2 - Release of Standard Cost Estimate - CK40N
3 - MM period close and open - MMPV
4 - FI period open
5 - Parked documents to be posted - FBV0, MIRO
6 - Reposting of Inter Office CC - KB61
7 - Bank Reconciliation
8 - Update Section Code where missing - J1INPP
9 - Maintain GRIR clearing - F.13
10 - Provision for current month - FB50
11 - Depreciation entry - FB50
12 - Exchange rate - To be Updated
13 - Revaluation of foreign currency open items - F.05
14 - Recognition of Inventory at Bonded warehouse - FB50
15 - Maintain Statistical Key Figures - KB31N/KP46
16 - Variance Calculation of Process Orders - KKS1
17 - Settlement of variances - CO88
18 - Assessment cycles - Aux/WH CC to Main CC - KSU5
19 - Assessment cycles - Functional CC to SBU CC - KSU5
20 - Assessment cycles - SBU CC to COPA - KEU5
21 - Profit Center Reposting - 9KE0
22 - Balance Sheet Adjustment calculation - F.5D
23 - Transfer Profit Center to AR & AP - 1KEK
24 - Transfer Inventory to PCA - 1KEH
25 - Assessment Cycle - Dummy PC to SBU PC - 3KE5
26 - Check for "Delivery made, not Invoiced" - VF03
27 - Match GL and PCA - KE5T
28 - Match PCA and PA
29 - Top Down Distribution in COPA - KE28
30 - Reclassification of GL balances
31 - Balance Carry forward (Year End Only) - F.16
32 - PCA Balance Carry forward (Year End Only) - 2KES
33 - Transfer to FI - 1KE8
assign points if useful

SSRS Line graphs, change the axis maximum and minimum by month, and change data series from calendar year to financial year

I am using SSRS and I cannot access SQL server to answer my problem, so the solution needs to be done via SSRS only.
I am currently trying to graph some data. The problem is, the months on the X axis are aligned by calendar year. I need the first month to commence with July, with the last month on the axis to be June. This also means that the year series need to be changed
from calendar year to Australian financial year.
Screenshots are provided in the comments.

Hi Northern,
Per my understanding that you want to show the month in the x axis as the order of the financial year(7,8,9,10...4,5,6) and also display the year in the series group as the financial year, right?
I have tested on my local environment and we can modify the query in the sql to get the financial year value based on the fields of Calendar year, details information below for your reference:
1. Modify the query as below:
SELECT
Calendar_Date,CASE WHEN MONTH(Calendar_Date)>=7 THEN
YEAR(Calendar_Date)+1
ELSE YEAR(Calendar_Date) END AS Financial_Year,
MONTH(Calendar_Date)as Financial_Month,
Billing_Amount
FROM TableName
order BY
Calendar_Date
2. Add the "Billing_Aomount" in the Value area, "Financial_Month" in the Category group area and "Financial_Year" in the Series group area.
3. Right click the "Financial_Month" under the Category group to select the "Category group properties",click the sorting and add below expression in the Sort by to specify the order for the month in the x-axis:
=switch(Fields!Financial_Month.Value="7",1,Fields!Financial_Month.Value="8",2,
Fields!Financial_Month.Value="9",3,Fields!Financial_Month.Value="10",4,
Fields!Financial_Month.Value="11",5,Fields!Financial_Month.Value="12",6,
Fields!Financial_Month.Value="1",7,Fields!Financial_Month.Value="2",8,
Fields!Financial_Month.Value="3",9,Fields!Financial_Month.Value="4",10,
Fields!Financial_Month.Value="5",11,Fields!Financial_Month.Value="6",12)
4. Preview you will get the sample chart display as below according to my sample data:
If you still have any problem, please feel free to ask.
Regards
Vicky Liu
Vicky Liu
TechNet Community Support

Change Fiscal Year End?

Dear all,
The existing fiscal year end is 'Dec-07' and the adjustment period is after fiscal year (Adj-07).But now the corporate wants to change year end to 'JAN-08', what I need to change? I am using FSG to generate financial reports like P&L, balance sheet, what I need to change the financial year?
Best Regards,
Amy

Siva,
I went through your articles on the other oracle blogs.They are really useful and can serve as a one stop knowledge source .
I was going through a series of articles about changing a calendar with out reimplementing Oracle. When googled, the article that you had listed did came on the search results. but there was also a warning message that 'This site may harm your computer'.
Can you please let me know if I can find the article on any other blog / site or alternatively if you are in possession of that article / process to be followed, I appreciate if you can email me the same at [email protected]
Regards,
Sunil

PY-India: What are the implications of changing the financial year?

Hi All,
I am working on Payroll India.
the client i am working for has a financial yr from March to Feb.
What would be the implications in terms of changes required if I change the usually followed Apr - Mar financial year in SAP to Mar - Feb in Payroll? And what implication will this have on all the legal reports provided by SAP like form 16 etc.
Specifically I wish to ask should I ask the client to change his financial yr to Apr - Mar or should I change financial year in SAP to Mar - Feb?
Amit Upadhyay

it would be better to go for mar to feb as per our inidan fin year
there will be implications in tax related issues pls check those things before changes the fin year
Edited by: Sikindar on Jan 25, 2008 4:22 PM

Change fiscal year to 2006 in Asset Management : error in year-end closing

SAP version: 4.0B
Transaction Codes used: Year-end closing AJAB, Fiscal year change AJRW
We are trying to change the fiscal year to 2006 in Asset Management.
I tried to change the fiscal year to 2006 for the company code 0055 using transaction code AJRW. The test run has displayed an error message Fiscal year change in co. code 0055 1 possible only after year-end closing 2004 2.
I have used the transaction code OAAQ to find the out the fiscal year, the closing for depreciation area is successfully performed.
Unfortunately it is still showing 2003 which should have been 2004 for company code 0055.
I tried to close the fiscal year 2004. The test run has completed successfully. I have scheduled the RAJABS00. The program has executed successfully with no errors or warnings.
The closing for depreciation area (Transaction OAAQ) is still showing 2003 for company code 0055, which should have been changed to 2004.
I am new to Asset Management. Can you please give some suggestions on how to fix the problem and change the fiscal year to 2006.
Thank you,
Vidya

Hi,
Thank you very much for your prompt reply.
I have used transaction OAAR to check if any area is still open for previous years.
Surprisingly! The areas are closed only till 2003.
Can you please let me know what to do (transaction codes - programs) to close the areas for fiscal year 2004.
I am new to Asset Management. I think you are good in Asset Management. Can you please give some suggestions on how to close the fiscal year 2004.
Can you please let me know if I have to run any other transactions other than closing the areas before running the transaction to close the fiscal year 2004.
Thank you very much.
Sincerely,
Vidya

Changes in TDS slabs - w.e.f. 01.10.09 [Financial Year 2009-2010]

Dear All,
Due to some changes in TDS slabs, this is informed to not to put any entry effects TDS account from 01.10.2009 onwards till the further information.
Some of the Amendments are mentioned below w.e.f. 01.10.09 Financial Year 2009-2010
1. TDS
·...TDS on rent will be 10% in all cases i.e. Individual or HUF, Domestic Company or Firm
·...TDS on contractors will be 1% in cases of Individual or HUF
·...TDS on contractors will be 2% in cases of Domestic Company or Firm
2. Surcharge:
·...No Surcharge on TDS in case of payment is made to Resident or Domestic Company
·...No Surcharge on TDS in case of payment is made to Non Resident other than Foreign Company
·...2.5% Surcharge on TDS if the recipient is a foreign company and amount exceeds Rs. 1 Crore.
3. Education Cess
·...No EC or SHEC on TDS in case of payment is made to Resident or Domestic Company Other than Salary
·...3% EC and SHEC (2% + 1%) on TDS in case of Salary
·...3% EC and SHEC (2% + 1%) on TDS in case of payment is made to Non Resident
Please help me for solving this...How can i do these amendmends...?????
Thanks...

This is to be done by SAP FI consultant.
However, u can navigate to spro-> Financial Accounting-> ****-> Witholding Tax-> Extended WT for changes
Regards

Local currency change at year end - how to force LC to match GC

Ok, so to change LC at year end is no problem (change master data in the new year, assign CT method to BCF task etc)
But if your new LC is now equal to your GC, you may well have a diference between the two values.
Is there any way to force that they are the same automatically (agreeing to GC preferably)
I read it was maybe possible in EHP5 but we don't have that

I have not tried this but it may be possible to create a translation method to make the values agree with GC and then assign this method to the balance carryforward task for the year of the change.

How to define financial year to start in November and end in October

Hi,
I am trying to build a report with following columns
Resort, Month, YTD Rooms, LY YTD Rooms.
Filter on Year==2010
The above measures
YTD=Year to date rooms
LY YTD = Last Year Year To Date Rooms
The results would be
AF, Jan-10, 300, 350
AF, Feb-10, 200, 280
Now for this client the financial year, starts in November, therefore their year should be Nov-09 till Oct-10.
How can set the Year to be from november to October with a timestamp function?
Thanks and Regards
Giuliano

Here's an idea you might want to try in the Presentation Layer base solely on what you shared so far:
Assuming that the report will always be run in the "current year" as you have in your example, than this should work:
1) Put a dummy column in your report with this CASE statement:
CASE WHEN Table.Month ((LIKE 'JAN%' OR Table.Month LIKE 'FEB%' OR Table.Month LIKE 'MAR%' OR Table.Month LIKE 'APR%' OR Table.Month LIKE 'MAY%' OR Table.Month LIKE 'JUN%' OR Table.Month LIKE 'JUL%' OR Table.Month LIKE 'AUG%' OR Table.Month LIKE 'SEP%' OR Table.Month LIKE 'OCT%') AND (Table.Year = CURRENT_YEAR)) OR ((Table.Month LIKE 'NOV%' OR Table.Month LIKE 'Dec%') AND (Table.Year = CURRENT_YEAR - 1)) THEN 1 ELSE 0 END
Put a filter on this column and set it to 1.
2) Add another filter on CURRENT_YEAR and CURRENT_YEAR -1.
NOTE: In my example, CURRENT_YEAR is a repository variable you should have (name could be different, but it should be in number format).
The way this works is that the second filter filters your report overall on all data for "this year" and "last year." The first filter works with the data within this potential two-year period. Within this time frame, you want the data, for the months of Jan - Oct, where the year = current year and (which in logic, uses the logical operand "OR"), you want the data for the months of Nov - Dec when the year = current year minus 1. This filter will filter out Jan - Oct of "last year" and Nov - Dec of "this year," leaving you with the time period you are looking for.
Play with the syntax, cause I didn't build this one, but it should work.

Financial Year end Change

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