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In my Developer Edition,By mistake i have enabled custom fiscal years, Is there any way to disable custom fiscal years and revert to standard fiscal years?

  • Please stick to tags which actually have anything to do with what you are asking. I have fixed them for you here, but proper tagging will make it much easier to get answers to your future questions. – Adrian Larson Jan 17 at 16:30
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Unfortunately looks like that's a one way road trip, there is no going back from this. Once enabled you cannot disable custom fiscal years.

In the meanwhile you can up-vote the idea Ability to disable custom fiscal years.

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