Answer Posted / guest

Hi,
In IMG go to financial accounting global setting then go to
fiscal year variant and set the fiscal year variant on year
dependent year and follow the following procedure:

1. enter name of month started from may and end on april
2. enter the number of days in a month you want to close
for example in may number of days is 28 instead of 31
3. enter period from 01 to 12 started from may to april
4. enter -1 against the month from jan to april

For Example :

Month Number of Days Period Year Shift
May08 28 01 0
June 35 02 0
July 28 03 0
Aug 28 04 0
Sep 35 05 0
Oct 28 06 0
Nov 28 07 0
Dec 35 08 0
Jan09 28 09 -1
Feb 28 10 -1
Mar 35 11 -1
Apr 31 12 -1

Year Independent: the financial year is different from
calendar year Starting from 1st April to 31st March (where
the posting period months are not equal to calendar year months)

For Example :

Month Number of Days Period Year Shift
Jan09 31 10 -1
Feb 29 11 -1
Mar 31 12 -1
April08 30 01 0
May 31 02 0
Jun 30 03 0
July 31 04 0
Aug 30 05 0
Sep 31 06 0
Oct 30 07 0
Nov 31 08 0
Dec 30 09 0

Hope this would definitely help you out.
Thank you.

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