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First Fiscal Year (Fresh implementation)

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edited Jun 9, 2021 10:56AM in Assets 3 comments

Summary

Can First fiscal year will be less than 12 months

Content

Oldest date place in service is 1-jan-2011 and we are implementing FA for USA (Jan- Dec) and India (Apr-Mar) . For USA we will define the Fiscal year from 01-jan-2011 to 31-Dec-2011. But what about India fiscal calendar? from which date it will be defined.

Please share your valuable inputs

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