Request for Guidance – Fiscal Year Change for Active Legal Entity in Project Costing — Cloud Customer Connect
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Request for Guidance – Fiscal Year Change for Active Legal Entity in Project Costing

in Project Management

Summary:

We have a legal entity that is currently live in Project Costing and set up with a fiscal year ending December 31. The business now requires the fiscal year to end on March 31 instead. Please provide correct documentation and guidance with minimal disruption and the best solution.

Key points:

  • The project is already created, and transactions have been posted.
  • We need to understand the steps required to update the fiscal year for this entity.
  • It is critical that this change does not disrupt existing data, reporting, or posted transactions.

 Request for Guidance:

  1. What is the recommended approach to change the fiscal year
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