How to configure shortend fiscal year
Hi friends
plz tell me configure of shortend fiscal year
urgent
Hello Kavitha,
Background- A shortened fiscal year results when you change from a normal fiscal year to a non-calendar fiscal year, or the other way around. This type of change might be necessary, for instance, if an enterprise becomes part of a new corporate group.
Features:The R/3 Financial Accounting component fully supports the use of shortened fiscal years. However, there are still some points to consider from the perspective of Asset Accounting when you use a shortened fiscal year.
Configuration: Define the length of the shortened fiscal year and the distribution of the periods in the shortened fiscal year. (Refer to Shortened Fiscal Years).
Determine the rules for reducing depreciation for the individual depreciation types and depreciation areas. This is done in FI-AA Customizing: Valuation->Fiscal Year-> Shortened Fiscal Year).
If the current fiscal year was changed to a shortened fiscal year, start the program for recalculating depreciation (under Tools).
Hope I had beena ble to help you. please assign points.
Rgds
Manish
Similar Messages
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Due to shortend fiscal year problem in depre amounts.
Dear All,
Due to shortend fiscal year (apr07-mar08) we are facing Depre calculation problem.
1) There are no errors in AFAB & AW01N. Itu2019s showing balance 3 (jan07,feb07,mar07)months depre in AFAB u201CTo Postu201D column.
2) User doesnu2019t want to post the balance 3 months depre and they wants to carry forward for the next financial years continuously. But here the problem is before recalculate assets the difference is only 35 $, but after SAP suggested to Recalculate assets before depre run that is run AFAR then run AFAB they found that the amount is 31000+. Which canu2019t carry forward such a big amount?
Pls help us to resolve this issue.
Thanks & Regards,
UshaSince you are on BPC 5.1, I don't believe you can take advantage of multiple hierarchies within the Time Dimension. So, I would create a report rendering the information you need, with the columns being fixed using properties and EVTIM. The values for the quarterly and yearly levels would be sums instead of retrievals from the database.
-
How to set the fiscal year period as default in variables
Hi All,
How to set the fiscal year period as default it shoud take previous period when the report is executed.
And also I need to do the same changes in reporting agent.
Could you please any one help me.
Points will be given.
Thanks!
Best regards,
Ajay.Hi Ajay,
Create a customer exit variable.Write the code in the include 'zxrsru01' using system date.
take the system date from the system date variable and using that you can get the current fiscal year period.use this value and using string commands, you can get period.
subtract 1 from this value.Using this you can get the previous fiscal period..
Please let us know, if you need the coding part
Hope it helps
Thanks,
Teja -
Creation of shortend Fiscal year for the Merger of two Companies.
Company 'A'is getting Merged with the Company 'B' on 15th February 2010. Company 'A' is suppose to submit all the financial details to the Company 'B' on 15th February 2010, furthermore the users with the Company 'A' should not be allowed to post any transactions after 15th February 2010.(Max they should be given 10 days grace period for closing the financial year)
The current fiscal year for the Company 'A' is from April to March. However, as per the above mentioned scenario it is required to have fiscal year from April to February.i.e. a shortened fiscal year.
Please note that Company 'A' is using the version 4.7.
Steps we have already proceeded with
1. we created a Shortened fiscal year "Z1"from April to Feb 2010 (Monthly basis) wherein we have taken only 15 days for the month of Feb 2010.
2. we have created an another Shortened fiscal year(weekly basis) wherein we have taken six weeks as posting period.
3.We assigned the Fiscal year Variant to the company code.
4.After assigning when we want to check the details of the assets in the Asset explorer AW01N.the system is reflecting an error "
SYST: Error when calculating first day in fiscal period > F1
Message no. AA654
Please provide us with the solution for the above mentioned scenario.
Thanks and Regards,
Tejprakash Chaurasia.Hey,
I am facing a similar scenario at my client place, thought if i could get insights on how you resolved the issue identified...
We are yet to configure the shortened fiscal year settings.
Thanks
Pradeep -
Hi All,
We currently follow Fiscal Year as Calaender year, But Business decided to change it fiscal year to Aril to March from this year, so we had stopped postings in that company code, for changing the calender year to Aril to March.
Now i had changed the Variant to P3 same as R1 (Shortend Fical year) and i had transferred all balances and posted an entry.when i run the FAGLB03 i am getting an Error: Fiscal year Variant P3 is not maintained for calenderyear 2012. Message No:FGV002.
Please kindly let me know why this error is coming and suggest me to solve this.
Regards,
nanduHi Vishnu,
i had configured K4 and selected check box Year dependent, and given total periods as 3 and 1 special period. and den went to periods created all 12 periods with year change as ZERO ,and then in defining total periods columm
scree i had given 3 and saved it.
Please confirm on the above mentioned points in order to over come the same.
Reagrds,
Nandu -
Creation of Shortend Fiscal year..
Dear Frenz,
I have an issue regarding my shortened fiscal year.. My client is following 2009 as fiscal year for the period Jan 2008 to Dec 2008.
Now he is closing the books in september and wants to create a shortened fiscal year for oct, nov & Dec..
My question is the that need i create a new fiscal year variant or should i configure a shortened fiscal year in the existing variant only...
Regards,
Shanks...Hi,
Can you please tell me why does he want to close the fiscal yr and have a new fiscal yr variant for remaining 3 periods?
Assume that he is selling the company to some one else he wanted to continue the same business and he wanted his business to run on SAP, then you will have to creat a new fiscal yr varint which should be "Short end Fiscal Yr" and "Short end Fiscal Yr" should be a yr dependent since he will never use the same kind of Fiscal yr and periods.
Please let me know if you have any concerns,
Hope understood and assign points if you get through.
Thanks,
Vasu.. -
How to get current fiscal year.
Hi Experts,
I am working on Asset Management.I need to get current fiscal year.
I have to enter fiscal year on selections screen which i have to validate that it should not be greater than current fiscal year.
For above i have used following code snippet but i have hard coded variant as 'MK'.
To get variant i was using function '/IBS/RB_FI_GET_FISCAL_YEAR_VAR' but in my selection screen we have to enter multiple company codes. if i will keep this function inside loop then it may give multiple variants.
How to resolve this ?
DATA : l_year(4) type c,
l_date TYPE sy-datum.
CALL FUNCTION '/IBS/RB_FI_GET_FISCAL_YEAR_VAR'
EXPORTING
i_company_code =
IMPORTING
E_FISCAL_YEAR_VARIANT =
EXCEPTIONS
COMPANY_CODE_NOT_FOUND = 1
OTHERS = 2.
l_date = sy-datum - 700.
l_date = l_date + 1.
IF sy-subrc EQ 0.
CALL FUNCTION 'GM_GET_FISCAL_YEAR'
EXPORTING
I_DATE = l_date
i_fyv = 'MK'
IMPORTING
E_FY = l_year
EXCEPTIONS
FISCAL_YEAR_DOES_NOT_EXIST = 1
NOT_DEFINED_FOR_DATE = 2
OTHERS = 3.
IF sy-subrc EQ 0.
IF s_gjahr-low GT l_year.
PRINT Error Message "Entered fiscal year should not be greater than current fiscal year".
ENDIF.
ENDIF.make it simpler by using - DATE_TO_PERIOD_CONVERT
CALL FUNCTION 'DATE_TO_PERIOD_CONVERT'
EXPORTING
I_DATE = SY-DATUM
I_PERIV = L_VARI "Fiscal year Variant - refer to tab T009B
IMPORTING
E_BUPER = L_BUPER " Fiscal Period
E_GJAHR = L_GJAHR " Fiscal year
EXCEPTIONS
INPUT_FALSE = 1
T009_NOTFOUND = 2
T009B_NOTFOUND = 3
OTHERS = 4
Hope this will solve ur problem. -
How to give the Fiscal year period in RSA3 for checking the data.
Hi BW Experts, good morning.
We have loaded the data monthlywise with selection parameters as Fiscal Year Period(FISCPER).
While checking the data consistency in both R/3 and BI, the selection parameter which i have given is in the format of 001.2005
I got the records in BI side.
But if we give the same format In RSA3 in the Fiscal Year Period tab , we r getting 0 records.
So kindly help me how to enter the selection parameters for 1 month.
Thanks
AnjaliHi sanyam ,
Thanks for the help.
I got it now.
Thank you so much
Bye
Regards
Anjali -
How to calulate previous fiscal year from current year and periods as input
hi all,
i have a report where i have 2 select options as year and period.
my period can be a range like( Ex: 1 to 6).
i like to know previous fiscal year from the following inputs.
Tel me a suitable conversion routine to calculate
depending on periods and fiscal year.
regards
sivaram.Hi
U need to check the lower period, if it's 1 the previous fyscal year will be the year before:
IF PERIOD = '1'.
PREV_YEAR = YEAR - 1.
ENDIF.
U can also use the fm FI_PERIOD_DETERMINE, in this case you need a date, u can get it from lower current period:
Get the first day of the period
BUDAT(4) = YEAR.
BUDAT+4(2) = PERIDO_LOW.
BUDAT+6(2) = '01'.
Now get the last day of the previous month:
BUDAT = BUDAT - 1.
Use this date to get its period by fm FI_PERIOD_DETERMINE
Max -
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 advanceHi
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 -
How to get current fiscal year/quarter/month/week
Post Author: [email protected]
CA Forum: Semantic Layer and Data Connectivity
Hi friends,
I have to calculate
1. current year/quarter/month/week.
2.Previous year/quarter/month/week.
please tell the process to achieve the above scenerio's.
the structure of the fiscal_cal is as follows.
Name Null? Type
TODAY NOT NULL DATE
FISCAL_DAY NUMBER(8)
FISCAL_WEEK NUMBER(6)
FISCAL_MONTH NUMBER(6)
FISCAL_QTR CHAR(18)
FISCAL_YEAR NUMBER(4)
FISCAL_MONTH_WORK_DAYS NUMBER(2)
sample week data is as follows
FISCAL_WEEK
200752
200753
209901
Thanks.based on ur target database DBMS you can find a built-in functions be used in the universe designer to get the requirment you talked about, like in oracle
to_char(mydate,'yyyy') it will return the year in the yyyy format.
and the same way for the other things you want
to_char(mydate,'q') return the quarter.
w return the week of the month
ww return the week of the year
mm return the month
,, to get the last year
you can use also a builtin functions
like add_months(mydate,-12) that return the same date for the last year, and you can do the same operations as before.
its all related to the DBMS.
good luck -
How to change fiscal year to 2006 in AA module
Dear Experts,
Due to the uploading problem, some of the net value of asset is '0'. Those data was uploaded in 2006. in 2007, then I realized the error and want to change the asset master data. When I click on save, the system prompt the error "Fiscal year 2006 is already closed in Financial Accounting".
How to check the fiscal year in Asset Accounting ?
Please help.
Thanks.
Regards,
TanHi,
You can undo fiscal year change in transaction code OAAQ (entire company code) or OAAR (By Area). Year end closing is executed using transaction code AJAB.
Thanks
Murali. -
Dear gurus,
currently, our company would like to change the financial year end from FY2010 (jan- Dec) to (March to Feb). We are using FIAA and CO. Currently the controlling area code is accross companies. Now, we are in month of July 2010. Therefore, can i extend my period from 12 periods to 14 periods in SAP? i understand SAP has the feature of "shortening fiscal year". However, i would like to have details steps on it.
Please helps.
Thank you.
Regards
Kee Hwee, LeeHi,
In SAP, the Shortening fiscal year stands for which fiscal year contains less than "12 posting periods" is called as a shortend fiscal year and it would suits to your requirement tentatively for 2 months (Jan and Feb).
But, how do you draw the balance sheet for the whole year for upcomming year?
In Generally, the shortend Fiscal Year would be used at the begining of the SAP use, the business go live is for few months rather than one full fiscal year.
I suggest you to go, to use the Leading and Non-Leading Ledger Concept for the same. So then, you can keep the fiscal year K0, K1, K2, K3, K4 (Any one - Jan to Dec) and create a new fiscal year for your requirement of March to Feb. You do get the reports for both the Fiscal Year Variance at once.
Regards
VG -
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,
VidyaHi,
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 -
Error in opening Fiscal Year by Dep. Area
Hi All,
We have following Depreciation Areas:
01 - Book Depreciation and 10,11,12 & 13 for Tax Depreciation.
I am trying to open Fiscal Year 2014 for Tax Depreciation Area only by using T-code OAAR, system is giving me below error message:
You also have to change the close of depreciation area 01
Message no. AC433
Diagnosis
Depreciation area 10, for which you want to reset the year-end closing, is linked to depreciation area 01.
This could be because the areas are linked due to:
Identical acquisition and production costs (value takeover)
A derived depreciation area
Procedure
Correct your entries. You can only modify the area for which you received the message.
I checked setting of t-code OABC:Dep. Area 10 is having ValAd as 01, this is the reason system is not allowing to Open Fiscal Year 2014.
Please throw some insight how I can open fiscal Year 2014 for Tax Areas only.
Thanks & Regards,
VivekHi George,
Thanks for helping me out. There was no identical check on OABC for area 10.
Upon researching more I found that there are other depreciation area which is only for reporting, are deriving values from Dep Area 10 and 01.
Therefore system was throwing error to open Fiscal Year for 01 as well. I have removed the derivation from dep area used for reporting only and try to open Fiscal Year for Tax Area, now system allow me to open it by Area.
This issue is resolved. Thanks again for your help.
Regards,
Vivek
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