Setting Up a Fiscal Date Pattern

Access the Set Up Fiscal Date Pattern form.

Fiscal Date Pattern

Enter a code that identifies a date pattern. You can use one of 15 codes. You must set up special codes (letters A–N) for 4-4-5, 13-period accounting, or any other date pattern that is unique to your environment. R, the default pattern, identifies a regular calendar pattern.

Date Fiscal Year Begins

Enter the first day of the fiscal year.

Period End Date

For 12-period accounting, enter the month end date for each of the 12 periods in the pattern.

For 13-period accounting, enter the end date for each of the 13 periods in the pattern. If your fiscal year ends on December 31, 2008, enter December 30, 2008 as the end date for period 12, and then enter December 31, 2008 as the end date for period 13. Period 13 is the period that you can use to enter any adjustments.

For 14-period accounting, enter the end date for each of the 14 periods in the pattern. If your fiscal period ends on December 31, 2008, enter December 29, 2008 as the end date for period 12, December 30, 2008 as the end date for period 13, and then December 31, 2008 as the end date for period 14. You can use periods 13 and 14 to enter any adjustments.

For 4-4-5-period accounting, enter the 4-4-5 week pattern. For example, assume that the end date for period 1 represents the end date of the 4th week from January 1st. The end date for period 2 represents the end date of the 4th week from January 26th, and the end date for period 3 represents the end date of the 5th week from February 23rd. These three periods make up the 4-4-5 week period.