Variant Concept in SAP:
Variant principle in SAP is very
popular. It is very easy to operate. For use it as follows
1)
Create a variant/maintain variant/define variant
2) Maintain it with values
3)
Assign it to objects
here i am going to discuss about fiscal year variant
In general fiscal year nothing but financial year (accounting year) of legal entity (like .Govt. eg.USA.UK)
FYV contains the definition of Posting periods and special
periods. Special periods are used for postings that are not assigned to time
periods, but to the process of year-end closing. In total you can define 16
periods.
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Path: SPRO-->IMG-->Financal Accountig ( new) > Financil. Accounting. Global setting (New) > Ledger >
Fiscal Year & Posting period >
Maintain Fiscal. year Variant. ( Shortened fisc. Year)
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(for large view click on image)
Year Dependant: If we intend to change the FYV in the
subsequent years this need to be checked
Calendar Year: I f the FYV is
from Jan-Dec, this need not be checked. If it is other than Jan to Dec, this
needs to be checked
No of Posting Periods: It represents
how many times we close our books accounts in a year. Generally it is 12.
No of Special periods: The periods used
for year- end adjustments. SAP allows a
max of 4 spl periods.
Here is an example of FYV for April-March and how
the year shift needs to be manipulated to get the year we need.
Month
|
Day
|
Period
|
Year Shift
|
||
2010
|
|||||
1
|
31
|
10
|
-1
|
||
2
|
29
|
11
|
-1
|
||
3
|
31
|
12
|
-1
|
||
4
|
30
|
1
|
0
|
||
5
|
31
|
2
|
0
|
||
6
|
30
|
3
|
0
|
||
7
|
31
|
4
|
0
|
||
8
|
31
|
5
|
0
|
||
9
|
30
|
5
|
0
|
||
10
|
31
|
7
|
0
|
||
11
|
30
|
8
|
0
|
||
12
|
31
|
9
|
0
|
and save
Assignment of fiscal year variant to company code
Path : Financial .Accounting (new) -> Financial Accounting Global settings(New) --> Ledgers--> Fiscal Year & Posting periods --> Assign Company .code to Fiscal Year Variant
T.Code: OB37
select your company code and assign your fiscal year variant
and save
It is depend up on the requirement of client. And their business requirement they can you use different fiscal year variant for each and every country report purpose.
each and every country have its one financial year - accounts report period. for example
your client have their business in 10 countries which they have different financial year so in this case your client have to maintain 10 different fiscal year variant to report within the country
and this fiscal year variant is going to be used by the other module of SAP
once if you change anything to that variant its effect entire sap and it is very important for SAP Financials. because SAP FI is the responsible for generation statement for government
Assignment of fiscal year variant to company code
Path : Financial .Accounting (new) -> Financial Accounting Global settings(New) --> Ledgers--> Fiscal Year & Posting periods --> Assign Company .code to Fiscal Year Variant
T.Code: OB37
select your company code and assign your fiscal year variant
and save
It is depend up on the requirement of client. And their business requirement they can you use different fiscal year variant for each and every country report purpose.
each and every country have its one financial year - accounts report period. for example
your client have their business in 10 countries which they have different financial year so in this case your client have to maintain 10 different fiscal year variant to report within the country
and this fiscal year variant is going to be used by the other module of SAP
once if you change anything to that variant its effect entire sap and it is very important for SAP Financials. because SAP FI is the responsible for generation statement for government
