create fiscal year variant in sap

5/25/2018 Create Fiscal Year Variant in Sap

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Create Fiscal Year Variant in sap | Fiscal year

Accounting PeriodDefinition Fiscal year:-A fiscal year is divided in to number of posting periods and each posting period in aaccounting period is defined by a start date and end dateFiscal year in SAP can be defined as year dependent or Year Independent

Year independent Same number and dates for the periods every yearyear dependentPeriods can be different from year to yearDefine Fiscal year Variant:-Fiscal year variant is used to define the fiscal yearA Fiscal year variant contains the 12 normal posting periods and 4 special periods. We

can define maximum 16 posting periods for each year. Special periods are used for Yearend activitiesSteps for configure the Fiscal year variant :-Step 1:-

Enter SPRO Transaction Code in the SAP Commend field and press enter

Step 2:-In the next screen select SAP Reference Img
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Step 3 :-

In the next screen Display Img , follow the Menu pathSAP Reference IMG > Financial Accounting > Global Settings > Fiscal Year >Maintain Fiscal Year Variant

Step 4 :-

In the next screen select New Entries to create Fiscal year
http://www.saponlinetutorials.com/wp-content/uploads/2013/06/Fiscal-Year.pnghttp://www.saponlinetutorials.com/wp-content/uploads/2013/06/sapri.pnghttp://www.saponlinetutorials.com/wp-content/uploads/2013/06/Fiscal-Year.pnghttp://www.saponlinetutorials.com/wp-content/uploads/2013/06/sapri.png


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Step 5 :-

New entries to Createfiscal year variantscreen, update the following information.

1. In the field Fiscal year variant FV enter the two digits unique code2. In the description field update the name of Fiscal year Variant3. Select the year-Dependent option if the Periods are different from year to year4. Select Calendar yr option if same number and dates for the periods of every year5. Update 12 in the Number of Posting periods field6. Update 4 in the No. of Special Periods Field.After updating the required data and click on save iconStep 6 :-

Block Fiscal Year VariantAD and Double Click on Periods folder
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Step 7 :-

Select New Entries Button

Step 8 :- Maintain the Periods for the Fiscal YearFirst Coloumn -MonthSecond Coumn -DayThird Column -PeriodFourth column -Year Shift
http://www.saponlinetutorials.com/wp-content/uploads/2013/06/fsvperiodseneteries.pnghttp://www.saponlinetutorials.com/wp-content/uploads/2013/06/FSVPeriods.pnghttp://www.saponlinetutorials.com/wp-content/uploads/2013/06/fsvperiodseneteries.pnghttp://www.saponlinetutorials.com/wp-content/uploads/2013/06/FSVPeriods.png


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After Maintain Fiscal Year Variant Periods, Click and Save icon.
http://www.saponlinetutorials.com/wp-content/uploads/2013/06/periods1.png

create fiscal year variant in sap

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