ASSIGN COMPANY CODE TO A FISCAL YEAR VARIANT

 Assign company code to a fiscal year variant

After creation of the fiscal year variant.  It is mandatory to assign company code to a fiscal year variant. The link established between the company code and fiscal year variant through assignment.

 

[T code - OB37]

PATH:

STEP 1

Enter SPRO in the command field.

STEP 2

Select SAP Reference IMG

STEP 3

Financial accounting (new) >> financial accounting global settings (new) >> ledger >> fiscal year and posting periods >> assign company code to a fiscal year variant

STEP 4

Select position button.

STEP 5

 Select company code and press enter.

  

Assign fiscal year variant press enter.

Select the save button and ignore the warning message and press enter and save in TR.

Questions related to:

1.Why is assigning company code to a fiscal year required?
Assigning company code to the fiscal year required because without assigning it the user can’t operate. 

2. Is assigning company code to the fiscal year is mandatory?
Yes, assigning company code to the fiscal year is mandatory because without assigning fiscal year nobody can able to know the financial year of an organization.