What is 'calendar year filer' in SAP IS-PS-CA - Public Sector Contract Accounts Receivable and Payable?

calendar year filer - Overview

• Component: IS-PS-CA

• Component Name: Public Sector Contract Accounts Receivable and Payable

• Description: Taxpayer who files tax returns according to the calendar year.

calendar year filer - Details

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  Key Concepts: 
  A calendar year filer is a company that uses the calendar year as its fiscal year. This means that the company’s financial statements are prepared and reported on a yearly basis, with the fiscal year ending on December 31st. In SAP IS-PS-CA Public Sector Contract Accounts Receivable and Payable, a calendar year filer is an entity that uses the calendar year as its fiscal year for reporting purposes. 
  
  How to use it: 
  In SAP IS-PS-CA Public Sector Contract Accounts Receivable and Payable, a calendar year filer is an entity that uses the calendar year as its fiscal year for reporting purposes. This means that all financial transactions must be recorded and reported on a yearly basis, with the fiscal year ending on December 31st. To set up a calendar year filer in SAP IS-PS-CA Public Sector Contract Accounts Receivable and Payable, the user must first create a new company code in the system and then select “Calendar Year Filer” as the fiscal year variant. 
  
  Tips & Tricks: 
  When setting up a calendar year filer in SAP IS-PS-CA Public Sector Contract Accounts Receivable and Payable, it is important to remember to select “Calendar Year Filer” as the fiscal year variant. This will ensure that all financial transactions are recorded and reported on a yearly basis, with the fiscal year ending on December 31st. 
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