Fiscal year variants in SAP

A financial year is termed as a fiscal year. A fiscal year may or may not be the calendar year depending on the country. Fiscal year variants defined in SAP are:

• V3 - April to March
• K4 - January to December
• V6 - July to June
• V9 - October to September

any new calendar can also be created, remember to use Z as the first byte of the fiscal year variant.