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Shorten Fiscal Year


We need some clarification on fiscal year.Currently we have Fiscal Year Variant V3 (Having 12 Months from April to March of next year):

1.Does SAP allows to have Fiscal Year of more than 12 calandar months ,say 15 calandar Month (In our case April 10 to June 11)

2.Can we have consecutively shorten fiscal year? For Example:

April 11 to June11, and

July11 to Mar12

3.Modules affected by Change

Would appreciate for input.



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