The accounting calendar determines the accounting period to which a financial transaction will be booked. The following points describe how the system determines a financial transaction's account period:
Every financial transaction references an accounting date and its obligation
Every obligation references an obligation type
Every obligation type references a GL division
Every GL division references an accounting calendar
The accounting calendar contains the cross reference between the accounting date specified on the financial transaction and related accounting period in your general ledger
This information must be the same as the information in your financial database.
To add or review an accounting calendar, choose .
Description of Page
Enter a unique Calendar ID and Description for the calendar.
Enter the Number Of Periods for the calendar. Don't count the adjustment period, if you use one, or any special "system" periods.
Specify the Fiscal Year, each Accounting Period in that year, a Period Description, the Begin Date and the End Date.
When you enter begin and end dates, you can define monthly calendar periods or any fiscal period that matches your accounting calendar (weekly, bimonthly) as long as the begin and end dates of successive periods do not overlap.
For each fiscal period, enter the Open From Date and Open To Date. These dates define when that particular business dates are open for posting financial transactions to that fiscal period. For example, you might calculate a bill on Sept 1 for taxes reported on August 31. To post this financial transaction in the August period, you must keep it open through Sept 1.
As time passes, you will need to return to this transaction to manually enter ensuing years. You can enter several years at a time or incorporate the task into end-of-year system maintenance.
Where Used
Follow this link to open the data dictionary where you can view the tables that reference CI_CAL_GL
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