What is reorganization date in SAP FI-GL - General Ledger Accounting?

SAP Term: reorganization date

• Component: FI-GL

• Component Name: General Ledger Accounting

• Description: Point in time from which the reorganization of the reporting units is valid. The reorganization date is the first day of a reorganization period.

Smart SAP Assistant

• Key Concepts: 
  Reorganization date is a feature in SAP FI-GL General Ledger Accounting that allows users to reset the fiscal year of a company. This is done by setting a new start date for the fiscal year, which will be used to calculate the new fiscal year. This feature is useful for companies that need to change their fiscal year due to changes in their business operations. 
  
  How to use it: 
  To use the reorganization date feature, users must first go to the “Fiscal Year” tab in the SAP FI-GL General Ledger Accounting module. From there, they can select the “Reorganization Date” option and enter the new start date for the fiscal year. Once this is done, all transactions and postings will be calculated based on the new start date. 
  
  Tips & Tricks: 
  When using the reorganization date feature, it is important to ensure that all transactions and postings are correctly calculated based on the new start date. It is also important to ensure that all reports are updated accordingly. 
  
  Related Information: 
  The reorganization date feature can also be used in conjunction with other features in SAP FI-GL General Ledger Accounting, such as period-end closing and document splitting. It is important to understand how these features work together in order to ensure accurate financial reporting.