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

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Cylinder57 wrote:
From this quote:
Allan wrote:But, the OP (also?) talks about the local package database on his computer. That is not signed at all as there is no point. If someone can modify that, then they can regenerate the signature, or just modify any other piece of software on your computer.
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