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.
Fiscal Year Start Date options:
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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.
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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 3-4 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 |