Period, Quarter, Half Year, Year
Incentive Compensation has its own calendar to set up Periods specific to Incentive Compensation. The calendar has Period Type definitions, and Incentive Compensation Periods are defined for the calendar based on the Period Type selected. The calendar in Incentive Compensation need not follow the fiscal or calendar year.
After calendars are defined, they are associated with a Business Unit. A single Incentive Compensation Calendar can be associated to one or more Business Units. After a calendar is associated to a Business Unit, the period information defined at the calendar level is brought into Business Unit specific Period tables. The calendar dimension should have a hierarchical structure with Year, Semiannual, Quarter, and Period.