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[sap-acct] Two Fiscal Periods Within SAP ECC 6.0

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Question from riqbal on May 23 at 5:23 PM
My company is on SAP ECC 6.0. Can we set-up two fiscal ending periods one for US GAAP and the other for local statutory reporting without requiring a new Controlling Area or extensive manual adjustments under local gl accounts? We have many intercompany shipment transactions.
 
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