Create Fiscal Years

Fiscal Years page allows you to define a fiscal year with fiscal periods for the budget. Driver and Calendar data are linked to these period start dates. The system calculates outputs based on the defined period dates. Filtering in the Dashboard is also based on these dates.

The list displays existing fiscal year definitions.

Edit existing fiscal years

  • To delete an existing fiscal year definition, click .
  • To edit an existing fiscal year, click .
    1. Make the appropriate edits to the Name, Start Date and Total Weeks.
    2. Click Save.

Create new fiscal years

  1. To create a new fiscal year definition, click Add Fiscal Year.
  2. Enter a name and start date.
    Note: Ensure that the start date aligns with the effective dates for site attributes, standards, global settings and the scenario.
  3. From Total Weeks, select the number of total weeks that the year should include. It can be either 52 or 53 weeks.
  4. Click Save.

Create fiscal periods within fiscal years

Note: If the fiscal periods defined for a fiscal year sum to either 52 or 53 weeks, you cannot create additional fiscal periods.
  1. Click Calendars in the appropriate fiscal year definition.
  2. The list displays the defined periods for the selected fiscal year. Start and end dates are automatically calculated based on the start date of the fiscal year and the number of weeks in the periods.
  3. To delete a fiscal period, click .
  4. To create a fiscal period, click Add Fiscal Calendar.
  5. In Fiscal Calendar Form, enter a period (integers only). This is the number of weeks in the period. So a typical 4/4/5 accounting period year would have 13 periods with a duration of either 4 or 5 weeks.
  6. Enter the number of weeks for the fiscal period.
  7. Click Save.