About the Calendar

For 12 month calendars where you select something other than January for the First Month of Fiscal Year, you must also select the Fiscal Year Start Date. The selection of this parameter is critical for the correct creation of the Years dimension and the underlying calculations for periods.

The Fiscal Year Start Date option is also required for 13-period calendars in Planning modules.

Fiscal Year Start Date options:

Same Calendar Year. Set the fiscal year (FY) to start with the current calendar year (CY).

For example, in a 12-month calendar, selecting the year 2024 with a starting period of Jun creates the starting year as FY24, defined as Jun-CY24 to May-CY25.
Previous Calendar Year. Set the fiscal year (FY) to start with the previous calendar year (CY).

For example, in a 12-month calendar, selecting the year 2024 with a starting period of Jun creates the starting year as FY24, defined as Jun-CY23 to May-CY24.

The following table provides examples of how the First Month of Fiscal Year and the Fiscal Start Year options affect the calendar for the application, assuming the Fiscal Start Year is 2022.

Table 3-2 Examples of First Month of Fiscal Year and Fiscal Year Start Date Calendar Options for 12 Month Calendars

First Month of Fiscal Year	Fiscal Year Start Date	Period - Year	Years Dimension
January	Not applicable. This option is not available when January is selected as the first month of the fiscal year.	Jan-CY22 to Dec-CY22	FY22
July	Same Calendar Year	Jul-CY22 to Jun-CY23	FY22
July	Previous Calendar Year	Jul-CY21 to Jun-CY22	FY22
February	Same Calendar Year	Feb-CY22 to Jan-CY23	FY22
February	Previous Calendar Year	Feb-CY21 to Jan-CY22	FY22
December	Same Calendar Year	Dec-CY22 to Nov-CY23	FY22
December	Previous Calendar Year	Dec-CY21 to Nov-CY22	FY22

Examples of Fiscal Year Start Date for 13 Period Calendars with Same Calendar Year Selected

The following images show examples of how Fiscal Start Year options affect the calendar for the application, assuming the Start Year is 2022, with a fiscal year ending on the Saturday last occurring in the Fiscal Year in March.

When these options are selected (note that Same Calendar Year is selected)...: