Creating Financial Periods

Create financial periods to measure and compare financial data. You can create annual, monthly, or weekly periods.

To create a financial period:

On the Navigation Menu, expand Administration and click Enterprise Data.
On the Enterprise Data page, expand Global and click Financial Periods.
On the Financial Periods page:
1. Select a calendar.
2. On the Financial Periods tab, click Add.
3. To change the default name for the new financial period, click the Name field, and enter a name.
4. To change the Start Date field, directly enter a new date, or select a date from the common calendar tool.
5. To change the Finish Date field, directly enter a new date, or select a date from the common calendar tool.
Click Save.

Tip

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: