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Siebel Consumer Goods Guide > Getting Started > Selected Setup Procedures > Creating PeriodsPeriods appear in drop-down lists when end users populate the Period field in various screens. Periods are used for sales volume planning and trade promotions. For trade promotions, you must define the planning period, which is usually a fiscal year, but can be as short as a fiscal quarter. Because another part of the application might use calendar years, you can differentiate fiscal years from calendar years in the period name. For example, use the name FY 2007 for the 2007 fiscal year and the name Calendar 2007 for the 2007 calendar year. The baseline periods for promoted product baselines and for sales volume planning must be the same. Thus, if you estimate promotional volumes in weeks, you must also manage the sales volume planning periods for product baselines in weeks. Managing sales volume planning periods by week rather then by month can result in significant additional administrative work and possible performance issues. To expedite period selection, it is recommended that you include a zero in single digit periods. Some possible examples for period names follow: CAUTION: Periods are sorted chronologically by start date. Therefore, you must not create periods that have the same period type and start date.
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