Year (tfgld0606m000)

Use this session to define the end dates for the last periods that are defined for a particular year. This indicates if a year is open for financial processing.

In case you need to define a new year because of year end, you can use the duplicate/copy button to copy the setup of a year to a next year. This option starts the ‘ Copy Year (tfgld0206m000) session.

Note: The end dates of the last fiscal and reporting period are the same. The end date of a tax period can differ.

Field Information

Fiscal Year

The fiscal year, together with the period number, defines the fiscal period.

Short Description of Year

Description of the year.

Number of Fiscal Periods

The system displays the number of fiscal periods that are defined as the maximum number for the selected period type. These numbers are defined in the Group Company Parameters (tfgld0101s000) session.

Number of Reporting Periods

The system displays the number of reporting periods that has been defined as the maximum number for the selected period type. These numbers are defined in the Group Company Parameters (tfgld0101s000) session.

Number of Tax Periods

The system displays the number of tax periods that has been defined as the maximum number for the selected period type. These numbers are defined in the Group Company Parameters (tfgld0101s000) session.

End Date of Last Fiscal Period

The final date of the last fiscal period of the year.

End Date of Last Reporting Period

The final date of the last reporting period of the year.

Note: The last end date of the reporting period is the same as the last end date of the fiscal period.
End Date of Last Tax Period

The final date of the last tax period of the year.