Fiscal year functionality in SAP.

[Former Member]

Hi All,

I need help on fiscal year functionality in SAP.

Our client has two fiscal years one is April to March for day to day operations and filling statutory returns. But head office uses fiscal year from January to December and we need to report P&L and B/S for Jan and Dec to head office.

We need to follow two fiscal years and we need to close books of account on 31 Dec and again on 31 March.

Please let me know, How we can meet the reporting requirement for head office.

Thanks

Ram

[Former Member]

If you are not on ECC6 then you can use SPL for the purpose. Create a seperate SPL with different fiscal year variant

Regds

Pooja

[Former Member]

Hi

For your reporting purpose to head office, you can use a separate ledger and you can create it with a different fiscal year variant other than the normal variant used for your day-to-day operations. If you are working in ECC, you can create a ledger and assign screnarios for its updations.

Regards