Working with a 13-Period Calendar
The planning calendar for your application may be based on a 13-period calendar (instead of a 12-month calendar). Learn about working with a 13-period calendar.
Note these points about 13-period calendars:
- The Period dimension has 13 Period members instead of 12 Month members. The administrator may have renamed the Period members from their default names TP1 through TP13 or created aliases for them. The 13 Period members are added to YearTotal in the Period dimension.
- Each period is exactly four weeks long (except every five or six years, when one quarter has five weeks.)
- By default, the first three quarters have three periods and the last quarter has four periods (3-3-3-4). When creating the application, however, the administrator can set which quarter to add four periods to.
- About every five to six years, a 53rd week occurs in a year. In such a year, that year's total is typically higher. The administrator sets which period the 53rd week occurs in. The specified Salary Basis rate is the same for either a 52- or 53-week year.
- Calculation logic assumes that component expenses occur in the period with the last day of the month.
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Learn about working with 13-period calendars. |
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For more information, see About 13 Period Calendars in Administering Planning Modules .