What is the impact on Asset calendar if GL calendar is changed from a Fiscal to a Calendar year
If GL calendar is changed from fiscal (Sep to Aug) to calendar year (Jan to Dec), would existing Asset calendar still work with the new GL calendar? if not, is it doable to update Asset calendar to make it work?
For example, for fiscal 2026, update existing GL calendar configuration and change Jan-26 to Aug-26 periods to be adjusting period; and then update Quarter number under Sep-25/Oct-25/Nov-25/Dec-25 periods to be Q1/Q2/Q3/Q4 respectively, so that there are four quarters across four periods; basically what it does is to shorten fiscal 2026; as a result, starting fiscal 2027, GL periods would run from Jan to Dec. This approach was suggested by Oracle engineer in a SR I created. I did some testing and verified that AP/AR/PC subledger calendar/accounting worked with the shortened GL calendar. However I can't tell if Asset calendar would still work with GL or not, since Asset module has its own calendar definition.