Assign company code to a Fiscal year variant | SAP FICO Tutorial PDF

Assign  company code to a Fiscal year variant

Path: SPRO – Financial accounting – Global settings – Fiscal year – Assign company code to a Fiscal year variant (Tr.code is OB37)
Select position button
Give your company code:AML
Enter
For company code:AML
Assign fiscal variant :V3
Select save button
Ignore the warning message press enter and press enter to save in the request.

OPEN AND CLOSE POSTING PERIODS
 Fiscal year : April 2008 – March 2009 – F.Y 2008
August 2008 – March 2009
5,2008 – 12,2008
Open means: from         August 2008
Close means: to         March 2009
Company codes    : AML         ASL         AIL
All company codes
Fallow the same
Open and close periods
Option 1
A)    Define posting periods
Variant …………… X
B)    Assign posting period
Variant to company codes
X……….AML
X……….ASL
X……….AIL
C)    Define open and close periods for variant X
For X,5 2008 – 12,2008
Option-2
Each company code
having separate open
And close posting period  variant         X        Y        Z
Assign posting period variant to company codes
                        X to AML    Y to ASL    Z to AIL
Period for variant
July 2008-March 2009  April 2008 to March 2009    Sep. 2008 to Sep. 2008
For  X                     For Y               For Z
04,2008                12,2008            06,2008
In this step we are defining which periods are open for posting.