Re: [sap-acct] New fiscal year variant

Posted by Roy B (SAP Financials Expert)
on Aug 2 at 4:13 AM
I would say it depends on whether you are using New GL. If so, you can set a non-leading ledger to use the aberrant fiscal year and local GAAP dnd do all your controlling off the leading ledger, which will be the group ledger using group GAAP and group fiscal year. Then you do not need a separate controlling area for the the one company that is not aligned. If however you are not yet using New GL you can use Special Ledger (FI-SL) for the same purpose. I have done both before. It is best practice to keep all local variations in accounting principles in a non-leading ledger (or Special Ledger) so that your leading ledger shows consistent numbers across the board but you can still report under local GAAP wherever necessary.

Rgds, Roy

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Roy Brookes FFA, FInstBA,
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---------------Original Message---------------
From: euge gabriel
Sent: Monday, August 01, 2011 10:31 PM
Subject: New fiscal year variant

Hi VIdhya,

Thanks for your reply. So we have to create another controlling area for another company which is different fiscal year variant. Thanks for your info, it helps a lot.


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