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Dealing with multiple fiscal year variants in Controlling

My current client, a US based company, is setting a new (production) plant in Russia.

Current SAP template is using new G/L and my client wishes to use 2 ledgers:

1) Leading ledger, US GAAP, assigned fiscal year variant running as from April in a 4-4-5 week period definition

2) a non-leading ledger, Russian Accounting Standard, assigned fiscal year is running as from January to December.

The assigned controlling area is having a similar fiscal year variant as that of the leading ledger.

My client has two windows for reporting;

1) For US GAAP at the end of the fiscal month

2) For RAS at the end of the calendar month

Currently we perform CO functions (like WIP calculation, variance) calculation at the end of the fiscal month end and comply to US GAAP reporting requirements using parallel valuations (seperate ledgers or parallel accounts).

Our main challenge is that f.e. we cannot calculate WIP at the end of the calendar month end  and report it as such in our financial statement version based on our non-leading ledger.

I can't believe we are the first large size company which is experiencing this kind of problem and looking forward receiving your feedback to have overcome this challenge.

Former Member

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