FISCAL YEAR VARINAT

FISCAL YEAR

ACCOUNTING YEAR CALENDER YEAR JAN TO DECEMBER

NON CALENDER YEAR

APRIL TO MARCH

JULY TO JUNE

OCTOBER TO SEPTEMEBR
 THE PRESENT FISCAL YEAR IS 2013 - 2014

THIS IS CALLED THE YEAR 2013 - 2014

IN SAP

THE YEAR 2013 2014 IS CALLED THE FISCAL YEAR 2013

THE YEAR 2014 2015 IS CALLED THE FISCAL YEAR 2014

THE YEAR 2015 2016 IS CALLED THE FISCAL YEAR 2015

 THE FISCAL YEAR 2013CONTAINS THE PERIODS

FROM APRIL 2013 - MARCH 2014

APRIL 2013 IS CALLED THE 1ST POSTING PERIOD OF FISCAL YEAR 2013

MAY 2013 IS CALLED THE 2ND POSTING PERIOD OF FISCAL YEAR 2013

JUNE 2013 IS CALLED THE 3RD POSTING PERIOD OF FISCAL YEAR 2013
.
.
.
DEC 2013 IS CALLED THE 9TH POSTING PERIOD OF FISCAL YEAR 2013

JAN 2014 IS CALLED THE 10TH POSTING PERIOD OF FISCAL YEAR 2013

FEB 2014 IS CLEED THE 11TH POSTING PERIOD OF FISCAL YEAR 2013

MAR 2014 IS CALLED THE 12TH POSTING PERIOD OF FISCAL YEAR 2013
 MARCH 2014

APRIL 2014 MAY 2014 JUNE 2014 JULY 2014

SPECIAL POSTING PERIODS

NORAML POSTING
1 2 3 4 5 6 7 8 9 10 11 12 PERIODS

SPECIAL POSTING PERIODS 13 14 15 16

 For US fiscal year is 2013

January 2013is called the 1st posting period of fiscal year 2013

February 2013 is called the 2nd posting period of fiscal year 2013

March 2013is called the 3rd posting period of fiscal year 2013
:
:
:
:
December 2013 is called the 12th posting period of fiscal year 2013
 December 2013 March 2014
29th march 2014

15
January 2014 Feb 2014 March 2014 April 2014

SPECIAL POSTING PERIODS

NORAML POSTING
1 2 3 4 5 6 7 8 9 10 11 12 PERIODS

SPECIAL POSTING PERIODS 13 14 15 16

 THE NORMAL POSTING PERIOD ARE USED TO POST THE DAILY

BUSINESS TRANSACTIONS

THE SPECIAL POSTING PERIODS ARE USED TO CARRY ON THE

YEAR END ADJUSTMENTS TO PREVIOUS BOOKS OF ACCOUNTS

THE MAXIMUM NO OF NORMAL POSTING PERIODS = 12

THE MAXIMUN NO OF SPECIAL POSTING PERIODS = 4

THE SYSTEM DERIVES THE POSTING PERIOD FROM THE POSTIN DATE
IN THE FISCAL YEAR VARIANT WE DEFINE THE

NO OF NORMAL POSTING PERIODS AND THE NO OF SPECIAL

POSTING PERIODS.

SYSTEM DEFINED FISCAL YEAR VARIANTS

V3 APRIL TO MARCH 12 NORML AND 4 SPECIAL

K3 CALENDER YEAR 12 NORMAL AND 3 SPECIAL

K4 CALENDER YEAR 12 NORMAL AND 4 SPECIAL