Create Fiscal Year Variant in Sap
Create Fiscal Year Variant in Sap
Accounting Period
Definition Fiscal year :-
A fiscal year is divided in to number of posting periods and each posting
period in a accounting period is defined by a start date and end date
Year independent – Same number and dates for the periods every year
year dependent – Periods can be different from year to year
Define Fiscal year Variant :- Fiscal year variant is used to define the fiscal
year
A 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 Year end activities
Step 1 :-
Enter SPRO Transaction Code in the SAP Commend field and press
enter
Step 2 :-
SAP Reference IMG –> Financial Accounting –> Global Settings –> Fiscal
Year –>Maintain Fiscal Year Variant
Step 4 :-
New entries to Create fiscal year variant screen, update the following
information.
1. In the field Fiscal year variant FV enter the two digits unique code
3. Select the year-Dependent option if the Periods are different from year
to year
4. Select Calendar yr option if same number and dates for the periods of
every year
Step 6 :-