Changing the Fiscal Year: Why You May Want to Choose the Year-Dependent Option

Changing the Fiscal Year: Why You May Want to Choose the Year-Dependent Option

Reading time: 22 mins

Changing an existing fiscal year variant is a tricky process. In addition to selecting the correct approach to meet your new financial reporting periods, you must consider historical transactions and how they will be reported. Many companies face the challenge of changing the fiscal year in an existing production environment. This usually occurs after a...

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