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?

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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

Fiscal Year Variance Change affected AA Balance and Recalculation of Values

Hi Experts,
I have a scenario where we change the Fiscal Year Variance on certain Company Codes. The Fiscal Year Changes were on Period 12 from Nov 26th to Dec 31st (last Fiscal Year Var was until Dec 25th), and Period 1 of next Year will already start at 1st of Jan (Last Fiscal Year Variance was from Dec 26th) until 26th of Jan.
We encountered a discrepancy on some reports especially on the FI-AA Balance Report, where as some posted entries for the Assets were not included.
Then I investigated. I found out that the Recalcualtion of Values is always based on the entries of table ANEP where the fiscal period 2011 did not include some postings done on th 30th of Dec because of fiscal year variance change.
In the Asset Values of the asset, it shows no discrepancy there although the info-dialogue box is appearing to recalculate the values of the asset. They already posted in Period 11 of this year after the changed fiscal year variance without recalculating and currently the planned values are different. The users are okay with the posted depreciation run since the asset balance per year is still correct. But if we recalculate the posted entries for asset acquisition on Dec 30th, the acq amount/asset balance will already be incorrect.
My Current solution is to enhance the function module FIRST_DAY_IN_PERIOD_GET to show that if the values of Fiscal Year = 2011 and Period = 1, then it will get the date 26th of December 2010. I know that this Function Module is widely used for all modules but since we already changed Fiscal Variances maybe this will also correct some reports or functions that includes Fiscal Starting Dates.
Or are there any solution for this scenario? Is this solution advisable?
Edited by: Cecilio Cruz II on Dec 6, 2011 8:32 AM

Have you done the impact analysis of changing the fiscal year variant directly? I would suggest you may need to raise an OSS note with SAP. The change must have affected different areas.

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

Asset Fiscal Year End Closing - Depreciation not posted completely in 2010

Hi Experts,
I have an issue concerning AA 2010 year end closing, since there is one asset which depreciation in 2010 was not posted completely, meaning that we cannot close 2010 fiscal year.
This happened because of the following situation:
Vendor Incoice was posted in 30.12.2010, with a document date 31.03.2010 (meaning that for this asset the depreciation calculation start date was 01.03.2010). Then, in 30.03.2011 someone post the reversal document, with posting date 31.12.2010.
So for this asset I donu2019t have any depreciation posted in 2011 and no values in depreciation book, for the asset, meaning that even if I change the depreciation calculation start date for 01.01.2011, it will still be necessary to run depreciation in Dec.2010.
However I cannot run depreciation for this asset for 2010 because it will have impact in 2010 balance sheet, which cannot happen.
Do you have any ideas to solve this problem?
Thanks!
Best regards,
Andreia Nascimento

Hi,
As i have already suggested you for the [SIMILAR THREAD|Re: Asset Fiscal Year Closing not possible], which you have only posted in FI forum, there is no other alternative than running the repeat dep run for FY 2010 for period 12.
Please do not cross post your questions.
REgards,
Srinu

Copy fiscal year vairiant changes from R3 to SCM

Hello Gurus;
We have a requirement to change our fiscal year start and end dates for the current and future year. We are using program "RSIMPCUST" to copy changes in fiscal calendar from R3 to SCM.
My question is : Do we need to de-activate the demand planning area and then copy the Fiscal calendar changes and re-initilise and copy the data from back up cube Or we just have to copy the FY changes from R3 to SCM and re-initialize the DP planning area.
Thanks in advance for guidance in advance.
Thanks and regards
Rajesh

Why de-activate planning area ? - Because, we are making structural changes against which data already resides in planning area.
Now, before making changes, you need to plan the back up of data, make changes in FYV, and then load data into planning area with new FYV.
Before, you go about, please study below points and plan accordingly -
1) Changes in both fiscal year variant (Months & weeks)
2) Storage bucket profile
Importantly, note that when loading data from back up cube, make sure it is loaded at month and week level (i.e. u2013 exclude Fiscal variant bucket), as the fiscal variant bucket mapping to month and week will have changed awhen you try to load the data in planning area (post FYV changes). Hence, post data loading in planning area, it should appear against new FY buckets when viewed by user.
(Example u2013 Previously M1-W1-F1 = 10, M1-W2-F1 = 20, Hence, F1 = 30. After changes you make, say, M1-W1 as F1 and M1-W2 as F2, user should see F1=10 and F2-20).
Thanks,
Prashant Ghule
Mahindrasatyam

Fiscal year calendar change

Hi Experts,
Our client wants to change the period end dates and keep the variant as it is in this month (Fisacal year Jan to Dec). Some postings were done in Jan and Feb.
Is the right time to change the periods now ?
Is there any adverse effects with this change ?
What is the right time to change ?
If client is very particular about change, what are the SAP notes to be followed ?
Regards
Madan

Hi,
let me know how your fiscal year defined?
If it is Apr to Mar, posting happing during Jan & Feb should have been done in posting period 10,11
If you are going to change your posting period to calender year i.e. Jan to Dec, , then posting in Jan & feb will be period 1 & 2
Thanks,Surya

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 not changed in asset accounting

Hi,
I am not able to open new fiscal year for 2008in asset accounting even i completed
depreciation run and i closed previous year closed.
can you please help me this is very urgent some of the bills are pending because of my user unable to post the values due to fiscal year not yet opened.
Thanks in advance.

Thanks Guna,
BUT here thing is even i run afab for depreciation and ajrw for new fiscal year change ajab for closed year still it is getting error message, when Asset balances report for 2008 getting message fiscal year not yet made , this is very urgent please give me some more details .
Thanks in advance.

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:
1. creating a shortened FY of Jan 2009 - Mar 2009
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:
You must not change the fiscal year variant in Cash Budget Management or Funds Management for FM area FM01 if actual data already exists for FM area FM01, or if one or more of the company codes assigned to FM area FM01 is active.
We have found oss note 719597 which details how to change the FY variant for Cash Budget Mgmt, but it does not apply to Funds management.
I could find no other supporting documentation.
Can anyone guide us as to how to deal with this issue?
Thank=you !

Hello Patti,
The point is that it is not possible to change fiscal year variant if actual values exists.
You are trying to do a change in January. You probably have some postings in 2009 already.
In the area of PSM-FM there is no note like 719597 of TR-CB.
Only if no actual values exist, this customizing change would be possible and reasonable.
If you are doing this setting in your customizing client, you can delete the postings (please DO NOT do it if you are in production) that exist in 2009 and try again.
SAP do not recommend to change a Fiscal Year Variant that has already been assigned to a company code and has already some postings. This may create database inconsistencies.
You can create another Fiscal Year Variant with the information that you want to be customize, and this variant you will be able to assign to a company code. Before you assign this new variant to a company
code please be sure that none of the information that you already posted in this company code will be affected, this information you may review it with your consultant on-site.
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.
The problem will be enhanced if the posting-date would be related to diffrent fiscal years.
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.
Some of the involved issues are:
- FM actuals and commitments may need to be reconstructed if their period- (or even fiscal year-) assignments is changed.
- FM actuals/commitments can not be reconstructed if fiscal year change activities have already been performed (commitment carry forward, FMJ1, FMJ2).
- Budgeting data and assigned values may principally be concerned as well, especially if you are working with period values in budgeting.
The change of fiscal year variant has several implications and should be analyzed very carefully.
Please check note below for more information:
Note 672255 Shortened fiscal year / changing fiscal periods
I hope it helps you and good luck
Best Regards,
Vanessa.

Depreciation should be zero at fiscal year-end

Hi Experts,
There is a new tax rules that at the end of this fiscal year 2007, depreciation (for depkey for tax depreciation area) should be zero. May I know the steps on how this can be done?
thanks very much in advance. . .

Self-answered.

Alternate Fiscal Year End in New GL

Environment: ECC 6.0 - New GL + Document Splitting
All Co Codes book to 0L leading ledger and one Controlling Area.
We have one more company code (lets say 1000) with a Alternate Fiscal Year than other company codes.
The solution of a Non Leading Ledger does not solve our problem because the we have to do CCA for 1000.
We reluctant on defining a new CO Area for Co Code 1000.
Please guide us to a solution where we can do FI as well as CO for Co Code 1000.
Thanks

Hello Srikant, thanks for your prompt reply..
Can you please tell me what is the after math of having 2 controlling areas and what happens to COPA.
I have never worked in an environment of 2 CO areas therefore could use your advise.
Thanks

Very urgent fiscal year change

Hi All
Once after completing the Year end operations of 2006, and when in the new
Fiscal Year (2007), at any point of time, can we carry-out the Fiscal Year
Variant Changes..."
regds
vidya viswa

Once after completing the Year end operations of 2006, and when in the new
Fiscal Year (2007), at any point of time, can we carry-out the Fiscal Year
Variant Changes..."
Pls find point wise query.
1) Conversion can be done at any time during the year but before 31.12.07.
2) say we have done the conversion in June 07 , here the depreciation is already calculated for april and may.07. so when we run the june 07 the depreciation will be calculated on prorata basis till june 07.
3) whenever we wish to take the trial balance , we will get the ytd TB from april 07 . meaning if we take the trial balance in november 06 , we will get YTD TB from april 2007 till november 2007.
4) as at 31.3.07 we will close the year end as usual, start the new fiscal year also as usual, meaning without changing the fiscal year to shortened fiscal year

Posting in Asset Accounting in closed fiscal year

Hi
We are in the fiscal year 2009 and my client wants to open the closed fiscal year 2008 in both Asset accounting and Finance.
Point 1 : The requirement is they want to post some correction entries in April 2008 -Let me know what needs to be done in terms of depreciation posting etc to do a 2008 yearend again.
Point 2 : Any specific steps to do a full year end in 2008 now to balance Asset Accounting and Financial .And to carry forward balances as to where we are now in period 10.
Please advice.

Hi,
if you open 2008 and post, you have to process the full fiscal year end close procedure. AFAB, ASKB, the whole story.
You don´t have to worry about the carry forward, this will be done automatically by the system.
Regards,
Markus

Cycle counting happening not beyond fiscal year

Hello
We tried to run Cycle counting using LX26 but got error as IM settings are not done,we ran MIBC
The issue here is we can't push the counting date beyond the fiscal year end. If I run the transaction LX26 in either QAS or Prod it will work just fine if I keep the date before 31.03.2012.
Result of this issue is that all parts classified as C or D, are not being suggested for counting. As most of our stock is rated C or D by the ABC analysis that means that a lot of parts will not be counted, while they should be counted.
So what I need is a way to be able to count all types of stock using an inventory process in SAP, if there is another transaction that does count C and D classified stock that would be very helpful.
Factory calendar validdity is from 1996 to 2020.
Transactions I use now:
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        Inputting count results LI11N
        Processing count results LI14, LI20 and ZLI21
Thanks in advance for helping us
Bheema

simha lakkoor wrote:
Hello
> Thanks for your answer but we have maintained AB C D indicators for the plant (xxxx) in the OMCO screen with no of physical inventories,interval,float time etc
> What more we need to maintain. please revert back with your suggestions.
> Regards
> Bheema
Why a setting in OMCO without intervals? complete the customizing according to SAP design, your cusotmizing is incomplete

Fiscal Year End change

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