Category:Configure Period End Close to Financial Report

Introduction

This section contains information on configuring the Period End Close to Financial Report process.

Fiscal Calendar and Periods

To see the existing fiscal years already created navigate to the Financial Management || Accounting || Setup || Fiscal Calendar window[Year] tab:

To create a new year, click either "Create a new record in forme" icon or "Insert Row", and then enter the year.

Now, the periods for the newly created year must be created. Using the Create Periods button the system will automatically create one period per month into the [Period] tab:

If different periods are required the Create Periods process can always be skipped and the periods created manually one by one within the [Period].
The user can also edit them or create new ones, for example Dec A from 1st to 15th and Dec B from 16th to 31st.