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Author's profile photo Marlene Katzschner

Changing Fiscal Year Variants/ Shortened (Extended) Fiscal Year

Update from July 2019 to to remove the option of “change fiscal year”:

Your company got aquired by a company with a deferred calendar year? Usually this is the time, when you might need to think of changing the fiscal year variant.

What other option do you have now? In principle the recommended approach is to do a re-migration.

Here you have in principle two options:

  1. Create a new company in the existing tenant
    this option allows you to keep the historical data, re-use existing configurations and master data information (as long as not org dependent).
    Drawback: Certain master data have to be re-migrated (with a new key, e.g. Fixed Assets or company), not all configuration can be changed (Veto checks)
  2. Start in fresh system
    Advantage of this approach is, that you start fresh and have the chance to optimize your system configuration. In addition you can re-use the same IDs, names, etc. because there is no usage of the “existing data”
    Disadvantage: it is a re-implementation, even if you can download data and copy the solution profile from your existing tenant.

If you stay in the same tenant (option 1), then you can reuse the configuration, all company independent data and all existing postings stay in the system. Following steps I see as the key steps to achieve it:

  1. Create a new company in the new tenant in parallel to the old company
    Advantage: master data can be re-used, at least the company independent part;
    historical data are still available
  2. Create the new Set of Books
    Fiscal year variant is a key field for the Set of Books definition, that why it cannot be changed.
    The Chart of Accounts, etc. can be reused.
  3. Assign the new company to the new Set of Books
    You cannot assign a subsequent Set of Books to a company after the first posting.
  4. Extract all open transactions and migrate them to the new Set of Books
    Similar to a standard migration, you need to migrate open items. For open Purchase Orderss and Sales Orders you need to check if you need to migrate them, re-using is no option.
    For data download you can use reports, OWLs and the download tool of your ByDesign system.
    Before the upload

    • Please check especially with respect to Fixed Assets, that the right values are used. Also the Fixed Asset IDs cannot be re-used.
    • Ensure that the old bank accounts data are not valid any longer (otherwise bank statement processing will determine the “old” bank accounts and clear old items)
  5. Add the new company specific data to the master data for the new company.
  6. All employees have to be transfered to the new company
    unfortunately “fire and re-hire” is the only option.
    Recommendation: define a new determination reason, e.g. “Reorg” to see the transfers for the re-org.
  7. Update User Access Rights:
    You have to ensure, that the employees can only create and edit data for the new company. So check the access rights of all your employees.
    For self services the new cost centers will be defaulted.
  8. Last but not least: Delimit the old company by maintaining the end date
    The validity of an organizational unit is considered when creating new data. So you will get an error when creating e.g. POs for the old company.

Feedback is welcome.

Marlene Katzschner


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      Author's profile photo Sebastian Braumann
      Sebastian Braumann

      Did someone followed this protocol and if so could you pls. share your experience. That would be great.

      Author's profile photo Jen Knaus
      Jen Knaus

      Marlene Katzschner - We were recently acquired and will need to switch from a fiscal year to a calendar year. We have just under 550 employees in byD and a large amount of engineering and manufacturing data. Before I submitting an incident I need to learn more about this process. Would you be the correct person to get in touch with directly? I need to plan this internal project out and in order to do so I need more information about the process.


      Jennifer Knaus


      Author's profile photo Diederik van Dijk
      Diederik van Dijk

      We are going trough the same process as well now. Jen did you compete your transition?

      Author's profile photo Marlene Katzschner
      Marlene Katzschner
      Blog Post Author

      Dear Diederik,

      if you are interested in adjusting your fiscal year variant, please get in contact with me either using an incident or an email to the above email address.

      I have done the change of the fiscal year variant already for a few customers w/o issues and would recommend to see if this works for you. For the remigration please keep in mind that this is a larger project with the same issues as every other migration (e.g. open POs have to be migrated, open items to be migrated, etc.)

      Best regards


      Author's profile photo Jen Knaus
      Jen Knaus

      Sorry for the late response! No, we have not completed the transition yet. We chose option 1, re-migration, but we wanted to additional benefit of changing our accounting structure and better use of account determination groups. We used data extraction and migration where possible. SAP has been very helpful throughout the process and I feel confident that we'll end up with a better system all around when we go live with the re-migration in Jan 2019.

      Author's profile photo Eda Yang
      Eda Yang

      Hi Marlene,

      Do customers need to migrate the data from new test tenant to production tenant after all implementation and test are done in new test tenant?



      Author's profile photo Marlene Katzschner
      Marlene Katzschner
      Blog Post Author

      Hi Eda

      for the described case of migration to a new company in the same tenant you proceed the same way as any other migration.

      Best regards.


      Author's profile photo Marlene Katzschner
      Marlene Katzschner
      Blog Post Author

      Update July 2019:

      I removed the option of changing the fiscal year variant technically because the service is no longer offered.

      Author's profile photo Leonardo Tonelli
      Leonardo Tonelli

      Hi Marlene,


      that means that creating a new Org Structure and change the URL will be the only options left, right?



      Author's profile photo Ger Kennedy
      Ger Kennedy

      Hi Marlene,

      What would need to be done for open production orders and existing demand plans in this type of implementation?  Do these need to be closed out first and then change the demand plans to the new site ID's to generate proposals from MRP?



      Author's profile photo Eunice Devera
      Eunice Devera

      Hi Marlene

      Is there another approach to changing the existing fiscal year variant (standard) of a company with postings already? Basically, we do not want to create new companies in our tenant (these would stay the same). However, to differentiate postings before and after acquisition, we need to add one more period to split the month when the acquisition happens, which is in the current year. Is there a way to add an additional period for this one-time requirement? Kindly advise, thank you.

      Author's profile photo Marlene Katzschner
      Marlene Katzschner
      Blog Post Author

      Hi Eunice,

      in principle adding additional periods (or extending fiscal years) is no option at all. This is not allowed technically and if I remember right, also legally forbidden in certain countries.

      But another point to think of:

      Assuming you would migrate fresh, then you would have one period for the time before and one after the acquisition. Would this be an option for you? Maybe you raise an incident to support and ask for advice (maybe there is a customer specific chargeable approach for this, but I cannot judge from here.) And please do not post periods that fall after acquisition.

      Hope that helps you a little bit.

      Best regards


      Author's profile photo John Meadows
      John Meadows

      Reply removed as outdated information.