8. Dependent fiscal year & independent fiscal year
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Answer Posted / shri kanth kr.
dependent fiscal year represents april to march or from
september to august.generally two years are involved in
dependent fiscal year.
for eg:april 2008 to march 2009
september 2008 to august 2009.
default is dependent fiscal year in sap.
INDEPENDENT fiscal year is usually from JAN - DEC.generally
one year is involved in this type.ITS ALSO CALLED CALENDAR
FISCAL YEAR.
there is one more fiscal year which is shortend fiscal year.
its usually for less then 12months.this fiscal is used for
a newly formed company..
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