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Fiscal Year Conversion

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Dear Expert,

 

One of our client wants to get change there fiscal year, currently they are using April to March (non calender year ) and now they want to use calender year January to December. From January 2014 onward and want to do fiscal year closing on 31st December 2013.

Can anyone please tell me in detail how to do it and what will be the impact of changing fiscal year in other modules like SD, MM, AA, CO.

And how will be handle this change in assets accounting ?

One important point client don't have SAP Support so we can not take any help from SAP or can't raise this issue to SAP.

It's very urgent and need to reply client today itself so any quick help will be appreciated.....


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