Create financial periods to measure and compare financial data. You can create annual, monthly, or weekly periods.
To create a financial period:
- Click Administration.
- On the Administration navigation bar, click Enterprise Data.
- On the Enterprise Data page, expand Global and click Financial Periods.
- On the Financial Periods page:
- Select a calendar.
- On the Financial Periods tab, click Add.
- To change the default name for the new financial period, click the Name field, and enter a name.
- To change the Start Date field, directly enter a new date, or select a date from the common calendar tool.
- To change the Finish Date field, directly enter a new date, or select a date from the common calendar tool.
- Click Save.
Tips
- To save time, consider generating financial periods in a batch rather than individually.
- Although the application will alert you in each case, be aware of the following constraints when creating or configuring financial periods:
- You cannot introduce gaps in a series of financial periods. Any new periods you create must start or end flush with any existing entries. For example, if October 7-13 and October 14-20 are existing financial periods, you can create a new one that either ends on October 6 or starts on October 21.
- You cannot overlap financial periods. In order to serve their purpose, financial periods must represent unique slices of time.
- You can create financial periods with a duration of fewer than seven days; however, if a financial period calendar contains financial periods with a duration of less than one week, that calendar is not available in timescales in P6. You can use P6 Professional if you need to view data by financial periods spanning increments of fewer than seven days.