WHAT IS A FISCAL YEAR

A fiscal year in SAP is an accounting year is the same as the calendar year. It can have 16 posting
periods 12 postings are for 12 months and 4 postings are for special postings.
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For V6

Month Day Period shift

1 31 8 -1

2 29 9 -1

3 31 10 -1

4 30 11 -1

5 31 12 -1

6 30 1 0

7 31 2 0

8 31 3 0

9 30 4 0
10 31 5 0

11 30 6 0
12 12 7 0
For V9
period days months Year shift
1 31 4 0
2 29 5 0
3 31 6 0
4 30 7 0
5 31 8 0
6 30 9 0
7 31 10 0
8 31 11 0
9 30 12 0
10 31 1 +1
11 30 2 +1
12 31 3 +1