Creating Periods

A calendar gets assigned to Periods and to Organizational Units. Each period has a base calendar by default; however, administrators can add calendars to support different start date, open date, close date, and frequency configurations.

To create a Period:

1. In Account Reconciliation Manager, click Manage, and then Periods.
2. Click Actions, and then New.
3. On the Properties Tab, enter:

   • Period Name

   • Status

   • Prior Period

     Specify the period that should be used as the prior period.

     Note:

     After a period is opened, you can't change the prior period.

     You can't save periods if the prior period contains a period referenced as a prior period for different period. A period should exist only once as a prior period.

   • Calendars

     A calendar includes start date, end date, close date, and frequencies. Calendars are assigned to Organizational Units in the Organizational Unit dialog box. See Managing Calendars.

     Each period has a base calendar row added to the table by default, and this row has a locked icon appearing in the locked column.

     The locked icon indicates that the row cannot be deleted.

     The period can't be saved unless the Administrator selects the Calendar start, end, and close dates. The Administrator must select at least one frequency.