How to create fiscal year in SAP FI

Hey guys, come back with a small tutorial on create fiscal year in SAP FI. Also after creating assign to company code. In our previous posts i discussed already how to create a company. Also give a brief idea about assign this company code to company in SAP FI. Now in this tutorial i am trying to give some idea about create fiscal year in SAP FI and assign fiscal year to company step by step with screenshot for your better understanding about this topic.

create fiscal year in SAP FI

Let’s start Create fiscal year in SAP FI – T.Code OB29
SAP Menu Path :- SPRO –> IMG –> Financial Accounting –> Financial Accounting Global Settings –> Fiscal Year –> Maintain Fiscal year variant.

Click on Maintain Fiscal Year Variant
Go to Position Button and select V3. Then Click on Continue Button.

SAP-FICO

Again select V3 and Click on Copy As Button or Press F6.
Create your own Fiscal Year Variant (FV).

SAP-FICO

Press Enter. You can see the below screen.

SAP-FICO

Click on Copy all Button.

SAP-FICO

Again Click on Continue Button. We get a message Number of entries copied: 1.

SAP-FICO

Click on Save Button. Then see the below screen and again Click on Continue Button.

SAP-FICO

We get a message Data was Saved.

SAP-FICO

Assign of Company Code to Fiscal Year Variant in SAP – T.Code OB37
SAP Menu Path :- SPRO –> IMG –> Financial Accounting –> Financial Accounting Global Settings –> Fiscal Year –> Assign Company Code to Fiscal Year variant.

Click on Assign Company Code to Fiscal Year Variant
Click on Position Button. Give your company Code. Again Click on Continue Button.

SAP-FICO

Go to Fiscal Year Variant Column. Press F4. Select your Fiscal Year Variant from the list and Click on Copy Button.

SAP-FICO

Click on Save Button and again click on Continue Button.

SAP FICO

We get a message Data was Saved.

SAP FICO

Hope you get an idea with this tutorial. Please try it yourself. I recommended before going to this tutorial take a look at our previous post step – 1 and step -2. Feel free to inform any further queries about this topic via comments. We will get back to you shortly.
If you think it is helpful for beginner to getting a basic knowledge about create fiscal year in SAP FI then please share with your friends and give a small like our facebook page. Thanks for watching. Will see you in our next post.

About Pranab Guha

Pranab has experience, in SAP FI (Finance Accounting module) and domain experience in Accounts and Taxation. He has been involved in SAP Customization & Support Projects as a Functional Consultant also a creative writer and lover of all things tech, SAP modules and finance. Also an active member of this creative blog.

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