Fiscal Year Planning

With this function, you can define and display data in fiscal year format and therefore use the fiscal year variant for planning a fiscal year. In case planning data is being imported from the SAP ERP system by linking a portfolio item to a PS project element, the fiscal year variant used for the PS project element and the portfolio item must be same.

If you use several Controlling areas, for example if you have connected several SAP ERP systems, then you only can import into the portfolio if the fiscal year variants of the Controlling areas are equal.

You can customize the fiscal year periods and each period can have different number of days. Hence the number of days for a period is read from Customizing. You can maintain a fiscal year variant for a portfolio type in Customizing.

Note Note

In the front end, you can only display the fiscal year variant defined for a portfolio.

End of the note.

Prerequisites

To use fiscal year planning, you have switched on the following:
1. 0002 Master Switch 0008 Enhanced Capital and Resource Mgmt Switch (see SAP Note 1457426) in Customizing for SAP Portfolio and Project Management under Portfolio Management Global Customizing Global Settings Override Default Global Settings .
2. 0010 Portfolio Item FI/CO Planning and Integration 0006 Fiscal Year Switch (see SAP Note 1457426) in Customizing for SAP Portfolio and Project Management under Portfolio Management Global Customizing Global Settings Override Default Global Settings .
  
  Note
  If you have not activated the fiscal year in the SAP Portfolio and Project Management system but it is activated in the SAP ERP system, the system maps the calendar year to the fiscal year.
  
  End of the note.
3. If you would like to use a default fiscal year variant for processing, you must have set the value 0010 Portfolio Item FI/CO Planning and Integration 0007 Default Fiscal year variant (see SAP Note 1457426) in Customizing for SAP Portfolio and Project Management under Portfolio Management Global Customizing Global Settings Override Default Global Settings .
You defined fiscal year variants in Customizing for SAP Portfolio and Project Management under Portfolio Management Global Customizing Global Settings Maintain Fiscal Year Variant .

Note
Portfolio Management supports fiscal year variants with 12 periods. These periods can start on any day of the month.

End of the note.
You defined the fiscal year variant that is used, on the portfolio level in Customizing for SAP Portfolio and Project Management under Portfolio Management Global Customizing Portfolio-Dependent Settings Define Portfolio Types .

Note
During the import of values from underlying SAP ERP systems, an error occurs when an item is linked to an object that has a different fiscal year variant than the fiscal year variant defined in the portfolio.

End of the note.

Features

Financial Period Breakdown

For financial and capacity planning, the following period breakdown according to the fiscal year definition is supported, whereas the following rules apply:

Breakdown	Overall Planning Period	Displayed Columns without 0006 Fiscal Year Switch	Displayed Columns with 0006 Fiscal Year Switch
Annually	12 periods defined for a fiscal year variant	2007	2007
Monthly	Period Breakdown	Jan 2007, Feb 2007	P12 2006, P1 2007
Quarterly	1 Quarter = 3 Periods	Jan-Mar 2007	P1-3 2007
Biennially	24 periods	2007-2008	2007-2008
Bi-Monthly	2 Periods	Jan-Feb 2007	P12-P1 2007
Every Five Years	5x12 Periods	2007-2011	2007-2011
Every Four Years	4x12 Periods	2007-2010	2007-2010
Every Three Years	3x12 Periods	2007-2009	2007-2009
Semi-Annual	6 Periods	Jan-June 2007	P1-6 2007

Note Note

If you have defined a period text for a fiscal year variant then the system displays that text in the column.

End of the note.

Year to Date Values

If you have activated the fiscal year planning, the year-to-date values represent the values from the first periods (P1) of the current fiscal year until the current period.

Exchange Rates

If you have activated the fiscal year planning, the system uses one exchange rate per period during the import from SAP ERP. To determine the exchange rate, the system uses the first day of the period.

Migration Reports

If you have switched on the switch Start of the navigation path 0010 Portfolio Item FI/CO Planning and Integration Next navigation step 0006 Fiscal Year Switch (see SAP Note 1457426) End of the navigation path , you must use the /RPM/MIGRATION_CAL_TO_FISCAL report to transfer the values from calendar year format to fiscal year format.

If you want to copy the fiscal year variants from the SAP ERP system, you can use the /RPM/FISCAL_VARIANT_COPY report.