Re: Fiscal year extension for this fiscal year

Dear Sudhir,

Please clarify from your client that, whether they want to do all transactions (sd, mm, pp etc) up to September 2014. If yes open new fiscal year and let them do the transactions, extending fiscal year is not a standard accounting practice.

If they want to do some adjustment entries only in FI after auditing, then they can use special periods.

Thanks,

Krishna Kumar