1- Shorten the current fiscal year variant 2- In assets adjust depreciation valuation a. Create Reduction rules (OAYP) b.

Run the depreciation recalculation program (Tools Recalculate values - AFAR) after the change to the shortened fiscal year, then rerun depreciation c. Check period control in asset accounting (OAVH) (Report - OA84) d. If you want to depreciate the whole year you have to define a multi-level depreciation method 3- In Co a. adjust planning b. If you use commitment management you have to correct the commitments data after you have adapted the Customizing to the shortened fiscal year. Once you have adapted the Customizing to the shortened fiscal year, you can update the commitments data using report RKANBU01(note 534993). c. If you are using commitment carry forward and you have performed commitment carry forward for a future fiscal year before configuring the shortened fiscal year, you have to repeat the commitment carry forward for the fiscal year. Start report RKAGJOBL or use transactions VACF, CJCF, KSCF, KOCF

N.B. 1- Shortened periods should have no postings 2- Table T093C to be viewed to check whether the field XRUMPF (Shortened Fiscal Year) has been activated with X. If the field is found to be blank then we need to refer to SAP Note 123026 and then execute program ZRUMPF. That will activate XRUMPF in T093C. 3- SAP Notes a. SAP Note 123026 to be applied for activation of field XRUMPF (Shortened Fiscal Year) in Table T093C. b. Some of the related notes are 672255, 506622, 484048, 183546, 26891 etc. SAP Note 373894 is a very important master note.

Consultants Required: 1234Basis Consultant Senior FICO Consultant Junior FICO Consultant Senior SD Consultant if there is Marketing, Customer planning data, Scheduling Agreement

SD You have to adapt planned revenue in the SD module according to notes: 180501, 158124 and 98745 after the shortened fiscal year has been configured (planning data in module SD). In case you use scheduling agreements you must refer to notes 197211 and 442174. Pay attention to customer master data in view "Marketing" in case you use it. Do you use SD info structures? Rebuilding the info structures is only necessary in case you have changed the FY variant stored in an info structure. Please view notes 497034 and 495688.