Financials for India - EBS (MOSC)

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India Fiscal Calendar

edited Aug 1, 2012 5:02PM in Financials for India - EBS (MOSC) 3 commentsAnswered
I have a simple question regarding the accounting calendar setup for India.

I know that they use a Apr-Mar fiscal calendar.  When setting the accounting calendar, what is the proper way to do this?

In the example below, would I define the January-March periods with the "year" in 2012 or 2013?

Year  Quarter  Num  From                To                    Name

2012  1             1       01-APR-12      30-APR-12      APR-12

2012  3             9       01-DEC-12       31-DEC-12      DEC-12

2012  4             10     01-JAN-13       31-JAN-13      JAN-12

- or -

2013  4             10     01-JAN-13       31-JAN-13      JAN-13

Thanks,

Johnny

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