Using Indian Fiscal year Variant V3

Hi Experts,
I am using V3 Variant, ( I don't no how to maintain it ?)
In OB52 I have Maintatined Periods from 1,2008 to 12,2010 and 13,2008 to 16,2010
In MMRV, Current Period is 04,2008.
I have checked Allow posting to previous period.
Now, while doing MIGO
I got the error
Postings only possible in 03/2008 and 04/2008 only..
I don't know the settings to maintain in V3 in OB29 Transaction.
If any one can explain me this, it would be a great help to me.
and if possible send a screen shot that how to maintain periods in V3 Fiscal Year,...
Full Points Assured,
Thanks
Ravi

For the First time you need to maintain Period in OMSY.
and for closing the current & opening the next period you should do it from MMPV.
For V3 the Current period( April,2008) should be 01,2008
Opening & Closing periods follow as below
First check the Current period in OMSY trx...for your Comp code..
Then go to MMPV and enter Comp code, Period & Year
and execute...
Ex: if the current period in OMSY for your Comp code is 01,2008
then you need to enter period 02, 2008 in MMPV trx...
so, that period 01 will be closed & Period 02 will be opened automatically...
You need to close periods one by one like this..
until the period you want use...
Remember you can not Roll back the closed period
Be careful in closing the MM period in PRD client.
Thx
Raju

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How to capture the data if i am using two Fiscal year variant

Hi
My client is required need two type financial statement one is as per company act and calender year. Other one is company act and fiscal year.
regarding we have maintain two fiscal year variant one is assigned to company code as per calender yr other one is assigned to Spl.Pr G/L. but how to capture the financial data from company code in case we are using two fiscal yr variant.
Rekha

Hi
U cannot maintain two two fiscal year varaint for a company code in GL. As said by u maintain one fiscal year varaint for GL and the other one for FI SL. When u post FI document in GL automatically the same will flow into FI SL for the corressponding period.
For example ur Fiscal year varant is April to March in GL
and Callendar year in FI SL and u do a posting in April 1 (period 1) in GL then it post it to 4th period in FI SL automatically since April is the 4th period in FI SL since it uses K4 as the fiscal year variant.

Use of different fiscal year variant in leading&non leading ledgers and Asset closing&Reporting

Experts,
Need one clarification on using different fiscal year variants for Leading(0L)&non Leading(NL) Ledgers and impact on Fixed Asset Accounting.If I use say V6(Jan2013-Dec2013) for Leading Ledger and April2013-March2014 for non leading Ledger,(local GAAP)-please clarify the following.
1.Does Asset Accounting gives all standard reports as expected in both(Leading&Locals) the Depreciation areas?Do we need to any settings specially for in the above scenario?(I am assuming point#4 given below may not help for this as system gives an error if both the fiscal year variants have different start&end dates)
2.How is Year end in Asset Accounting handled?If I close the year end in Asset Accounting for Company Code as per Leading Ledger i.e say by Dec 2013,can I still post the asset entries in non leading ledger?Because Financial year for Leading ledger will be 2014 and non leading will be still 2013(in Jan2014).
3.I am aware SAP has some restrictions way back in 2005-2007 (SAP note 844029) for different fiscal year variants in Leading&Non Leading Ledgers,Does SAP come out with any solution later?
4.What is the exact use of the settings at Asset Accounting>>Valuation>>>Fiscal year>>Fiscal year variants at company code level or Depreciation area level?My understanding here is,they are not meant for using different fiscal year variant with different start&end dates but they are meant for using different fiscal year variant with same START&END DATES and have different number of posting periods i.e 1 can have 12 and other can have 13.
Please can you give your comments?
regards
hinfi

Hi Hinfi,
It seems standard SAP does not manage different fiscal year variants (at least with different start/end dates) in different depreciation areas.
However, they came up with an add-on solution called Multiple Calendar Tool and based on a mirroring solution that synchronizes asset transactions in a mirror company code.
It's all explained in following notes:
Note 1175751 - Project solution for alternative fiscal year variant
Note 1636025 - Asset acctg multi calendar tool 1.0_ SP Note
Note 1658489 - Installation of Asset acctg multi calendar 1.0 software
Note 1658714 - Asset acctg multi calendar tool_ Overview Note
Note 1691481 - Release strategy_ Asset acctg multi calendar tool
Note 1951069 - Different fiscal year variants in General Ledger Accounting (New) (NewGL) under the new Asset Accounting (FIN_AA_PARALLEL_VAL)
I don't know if it's commonly used and personnaly have no feedback on it. I was curious to check how to manage a depreciation area 01 posted in a leading ledger in US GAAP (FYV january to december) and another depreciation posted in a non leading ledger in Indian GAAP (FYV april to march).
BR
Gregory

Fiscal year variant V3 uFF0Cdo year end closing

Hello everyone,
I use the Fiscal year variant V3(month 4 year *-month 3 year **+1) for the HK company ,and Dec. 2009 I did the year end closing, but I found that,the amount of GL Account balance carry of 2010 is not the cumulative balance of 2009,but just the balance of Dec. 2009;IN fs10n double click the balance carry of 2010, the detail is the cumulative balance of 2009.What can I do the amount of GL Account balance carry of 2010 will right?
Thank you for your answer.
Best Regards
Doris

Hi,
You can try carrying forward, GL, customer and vendor balances from the beginning. There is no impact even if you execute again.
Best Regards,
Madhu

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

Re: Fiscal Year Variants

Hello All,
I'm trying to use two different fiscal year variants; one for Weekly and One for Monthly. I'm using one storage bucket profile for the Weekly using the fiscal year variant "ZW" and I'd like to use the montly fiscal year variant "ZM"
<b>My Question: Is there a possibility to use single Planning Area? Do we have to use different Planning Areas?</b>
Using different Planning Areas increases the overhead of maintaining data in two different planning areas and as well impact the time based dis-aggregation.
Any useful hints or suggestions are highly appreciated
Thanks
Surender

Dear Surender,
Could you elaborate the exact need for 2 different fiscal variants (week and month). Normally you could use one at the monthly level, and create a time bucket profile to view the data in weeks

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).

Balance sheet with 2 diff fiscal year variants

Dear All,
I am facing an issue. The Client is using Jan to Dec fiscal year but he also wants to get the balance sheet as per the indian fiscal year i.e April to March. Is there any way to do so?

Hi,
did you check the SAP notes
152888 - Different fiscal year variants in FI-AA
1493253 - Different fiscal year variants in FI-AA (II)?
There are a restrictions for different fiscal year variants in asset accounting. This also applies to NewGL.
Kind Regards,
Steffen

Multiple Fiscal Year Variant in the same client in SEM-BCS...

I have already looked at some earlier threads relating to this but didn't get a convincing answer to what I would like to know.
We have had a working SEM-BCS system with fiscal year variant K4. There was no need for defining leading fiscal year variant and none was defined. SAP, by default takes, K4 as the leading fiscal year variant.
Now there is a requirement for going on a different fiscal year variant for which we have created another databasis (there were a few other reasons besides these) with the same InfoObjects that we used earlier but with different fixed parameters, one of which is fisc year variant V9. Soon, we started experiencing bizarre dumps in the configuration which ultimately convinced me to define a leading fiscal year variant. I was reluctant to do so because there is a lot of old data (which will become 'historical' from new data basis point of view) from the working system on K4 that would still need to be reported on even when we have new BCS solution in the new fiscal year variant V9. That is not going away. There is a need to keep the old data for reporting (hence the rationale for a different data basis among a few others).
Since earlier Master Data was configured in the old fisc year variant K4, now I have defined the leading fiscal year variant as V9 so that MDF can appropriately identify the period dependency.
I would like to know if any of you have had an unexpected behavior from the system going forward. Does the system dump out when you try to read the old data (from earlier K4).
I have tried to explain the dilemma as clearly and succinctly as possible but if you need more clarifications, please do let me know.
I would really appreciate your help in this.

Is your requirement is that K4 to be changed to Z5.
The best way you can do it is in the transformation. Instead of directmapping,
Write a code like this in the trransformation to the cube
If SOURCE FIELD - 0FISCVAR eq 'k4'.
SOURCE FIELD - 0FISCVAR = 'Z5'.
I dont think we can change th data in the query being displayed. we can change the keyfigure values in query by frmulas etc...
but for a characteristic, i think we will be able to restrict bt not change the value.
to obtain the requirement, w have to get the data change before query designer that is in the cube leve.
Hope this helps,
Sri...

Turkey: year end close RFSUMB00 / fiscal year variant

Hello guys,
I am wondering if anyone of you have had this requirement before.
Running RFSUMB00 on a Turkish company code will blow away the balances from all G/L accounts so that each individual account has a balance of 0.
Questions:
1. How do you manage revenue accounts (cost element categories 11 and 12). A pure cost centre is not enough as CO account assignment. You can switch off error message KI 166 (so that no COPA documents are then created), but is this really wanted?
2. If each individual account has a balance of 0 at year end, how to create a B/S and P/L for that year? Especially, for previous years? The only thing that comes to my mind is using special periods (13 to 16), but.... -->
3. ...in our system, the FI fiscal year variant is not K4, but a custom variant. The fiscal year (of the group) does not end on 31st December. I have a small FI-SL application running in the background (with K4 assigned there), and I could change the FI-SL period to 13 during the document transfer easily, but I ask myself why I do not post all of these funny closing documents directly in FI-SL then? This would save me from the usage of dummy assets/customers/vendors and the continous changes made to the "automatic postings only" flag (SKB1-XINTB).
Turkey experts, any hints welcome. What are your best practices?
Thank you,
Csaba

Yes frank,
GL closing should be carried only after all the sub ledgers are closed
for asset closing
you should open the new fiscal year first (AJRW) and then close the existing fiscal year. (AJAB)
otherwise FI-AA and Fi-GL may not reconcile (use tcode ABST2 to check this)
Regards
Sach!n
Edited by: Sachin Bhutani on Jan 30, 2010 3:32 AM

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 variant- WK : posting date from 29 to 28

Dear Gurus,
Customer wants FI posting period starts from 29 to next 28, that is
period 1: Jan 1st ~Jan 28th;
period 2: Jan 29th ~Feb 28th;
period 3: Feb 29th~March 28th
period 4: March 29th ~April 28th
period 5: April 9th~May 28th
I created a new fiscal year variant, check year-dependant, uncheck calendar year .
and it works when posting FI document, however, when posting good issue documents,
system generates error message that material posting period is March and April.
so I try to use MMPV to open posting period May, and still system doesn't allow to do that.
Message as follows:
Mode: Check and close period
Client:500
Period entered (month/year):052009
Invalid period for company code 1000; no conversion here.
Period closing complete; log issued.
What should I do ?
Thanks Gurus!
Lynn
E N D

Hi,
Firs check the current status of period in MMRV
And use MMPV transaction and enter the following details -
Company code - 1000
Period - 03
Fiscal year 2009
Then
Company code - 1000
Period - 04
Fiscal year 2009
Now try to psot the entry.
~Thanks!
Rajesh

Regarding Rough FISCAL YEAR VARIANT NOT PROCESSED

Hi Experts,
I am loading data from 2lis_03_um to 0IC_C03,While executing DTP i am getting error as Rogh FISCAL YEAR VARIANT NOT PROCESSED.
Can anyone please suggest me how to resolve the issue.
Thanks
Laxman

Hi,
Use the settings here:
transaction code SPRO
SAP Netweaver
Business Intelligence
Settings for BI content
Trande Industries
Retailing
=> set fiscal year variant
regards,
pascal

Interpretation of Fiscal year variant

Hello Experts,
Ok, using the Tcode OB29, I could see the fiscal year variant K4, K6, K7 as follows:
Variant----Yr Dependent--Calendar Yr--Posting Periods----Special Per.
K4----
Unchecked----
Checked----
4----
2
K6----
checked----
Unchecked-----4--
2
K7----
Unchecked----
Unchecked-----4--
2
In went into the details of the Change View of K6 and K7 and it shows:
Month----
Day----
Period----
Year Shift
1----
31----
7----
0
2----
28----
8----
0
3----
31----
9----
0
4----
30----
10----
0
5----
31----
11----
0
6----
30----
12----
0
7----
31----
1----
+1
8----
31----
2----
+1
9----
30----
3----
+1
10----
31----
4----
+1
11----
30----
5----
+1
12----
31----
6----
+1
1. Can you help me interpret the second table and how it relates to the K6 row in the first table?
2. In particular, I will appreciate some clarification on the Year shift and in the column period, why it started from 7; and why after 12, it switched to 1.
4. Can you give a reason why in some cases K6 will be used while in others K7 or K4 will be used.
3. Also, some help Ive gotten so far were suggesting that to modify the variant I go to:
AC Financials ® FI Financial Accounting  General Ledger Accounting ® FI - Closing and Reporting ® Fiscal Year.
I could not find this instruction under BW. Was it some R3 instruction of BW?

Hi,
I believe the "year shift" column is meant for the non-calendar fiscal year.
eg in a Calender year
Jan Feb Mar Apr May Jun
Fiscal year definition
Period
10   11   12   1    2    3
Year Displacement
-1   -1   -1   0    0    0
It is just telling the system that when it is eg 21 Jan 2006, the fiscal year to be captured will be FY 2005. When it turns 01 Apr 2006, the FY will be 2006.
In your eg, it is following the logic that when it is 01 June 2006 the FY will be 2006. But when it turns 01 July 2006 the FY will be captured as 2007.
By the way, the special periods are meant for capturing adjustment.
For more information on the year shift, please see
http://help.sap.com/saphelp_46c/helpdata/en/96/8b2fc843ce11d189ee0000e81ddfac/content.htm
In BW, these are considered the basic settings, alongside with the currency definition. Go into SBIW in BW to see the basic settings for currencies and fiscal variant defined. Usually when the BW system is set up, these 2 settings will be read into the system as part of the initial configuration.
Cheers,
Gim

Fiscal Year Variant V3

Hi Experts,
I am using V3 Variant, ( I don't no how to maintain it ?)
In OB52 I have Maintatined Periods from 1,2008 to 12,2010 and 13,2008 to 16,2010
In MMRV, Current Period is 04,2008.
I have checked Allow posting to previous period.
Now, while doing MIGO
I got the error
Postings only possible in 03/2008 and 04/2008 only..
I don't know the settings to maintain in V3 in OB29 Transaction.
If any one can explain me this, it would be a great help to me.
and if possible send a screen shot that how to maintain periods in V3 Fiscal Year,...
Full Points Assured,
Thanks
Ravi

Hi,
Fiscal Year variant will define how many periods will be there in your fiscal year and their start and end date. (OB29)
Posting period variant will help you to control in which periods user will be able to post a fianancial document. (OBBO & OB52)
An enterprises main aim to generate profits from its operations,differnt countries have different accounting periods for reporting profit/loss and pay the taxes. This is a legal obligation to maintain books of accounts of the organization as per country specific accounting year. Therefore every organazation requires a fiscal year variant.
Posting period : this to control/minimise the clerical mistakes of backdate and future date postings.
Regards
Rahim

Using Indian Fiscal year Variant V3

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