Defining the calendar

The calendar defines the time structure used throughout the entire Infor EPM business application.

If your fiscal year differs from the calendar year, the Use Fiscal Year option enables you to select the start month of the fiscal year. The behavior of the fact data imports to Budgeting & Planning and Financial Consolidation depend on the int_RegularCalendarImport custom setting in EPM Administration. The Use Fiscal Year option tells the import process what the starting month of the calendar is to enable the process to import the data correctly.

If the value of int_RegularCalendarImport is TRUE, then the periods always refer to the numbers of the calendar months. That is, Period 01 always refers to January, Period 02 refers to February, and so on. Thus, if May is the first period of your fiscal year, then May must be period 5 in the integration table from which you import May's data.

  1. Select Calendar Settings.
  2. Select the start year and end year.
    Note: We recommend that you specify an end year that is at least ten years from the current year. The earliest start year is 2000. The latest end year is 2100.
  3. Optionally, if your fiscal year differs from the calendar year, select Use Fiscal Year and select the start month of the fiscal year. Select one of these options, according to how your organization references its fiscal years:
    Option Description
    Previous Year The labels of the fiscal year's periods start in the year prior to the calendar's start year. For example, if the start year is 2019 and the fiscal year starts in April, then the first period of the fiscal year is April 2018 and its last is March 2019.
    Same Year The labels of the fiscal year's periods start in the year in which the calendar starts. For example, if the start year is 2019 and the fiscal year starts in April, then the first period of the fiscal year is April 2019 and its last is March 2020.
    The data import behavior is determined by the value of the int_RegularCalendarImport custom setting.
  4. Click Save.
  5. If Financial Consolidation is activated, configure the base period and base year and click Save.