Change Fiscal Year in Asset Accounting
Run The fiscal year change program which would open new annual value fields for each asset. i e next year
- The earliest you can start this program is in the last posting period of the current year.
- You have to run the fiscal year change program for your whole company code.
- You can only process a fiscal year change in a subsequent year if the previous year has already been closed for business.
Take care not to confuse the fiscal year change program with year-end closing for accounting purposes. This fiscal year change is needed only in Asset Accounting for various technical reasons.
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