Accounting Calendar: Capability To Log Calendar Year As Fiscal Year
Last updated on MAY 20, 2016
Applies to:Oracle Fusion Sales Cloud Service - Version 188.8.131.52.0 and later
Information in this document applies to any platform.
Current Accounting Calendar in OSC defines Fiscal Year as (Calendar Year + 1) when selecting Weekly/Monthly/Quarterly option in "Frequency" field and the Fiscal Year definition cannot be updated.
i.e. A company that new FY starts from Apr1st-->FY2017 = 2016/4/1~2017/3/31
But in the most cases of Japanese films, Fiscal Year is defined as same as Calendar Year -->FY2017 = 2017/4/1 ~ 2018/3/31
How can user generate Japanese-style fiscal year definition (Fiscal Year is defined as same as Calendar Year FY2017 = 2017/4/1 ~ 2018/3/31) with Weekly/Monthly/Quarterly frequency option?
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