Using a 52–Week Year

If your organization is in the retail industry and government sector you can use a 52 week year, in which weeks are distributed in repeating cycles of 4 and 5. To use a 52–week year, select one of these distribution cycles. The cycle specifies the number of weeks in each of the three months used.

For example, the 4-4-5 distribution specifies that the first month has four weeks, the second month four weeks, and the last month five weeks. If you use a 52–week year, quarterly and semi-annual frequencies change from being month-based to week-based. For example, a quarterly frequency becomes 13 weeks, instead of being three months.

Measures that use a quarterly or semi-annual frequency are also modified, as follows:

  To use a 52–week year:

  1. Select File, and then Scorecard Configuration.

  2. Select the Dates and Frequency tab.

  3. In Fiscal Year Start Date, click the calendar icon, The file calendar.gif displays the calendar icon., to choose the day on which the fiscal year begins.

  4. From Year Type, select 52/53 Week.

  5. From Weeks per month, select the option that specifies how to allocate the month with the extra week in the quarter.

    For example, if the first month in the quarter contains five weeks, the second month four weeks, and the third month four weeks, select 5-4-4.

  6. Beside 53 week years, click Select to select the years in which to apply the extra week.

  7. Click Apply.

  8. Click Save.