If a period was added to the wrong year, you can move the period to a different year.
Select Financials > Global Ledger > Setup > Finance Enterprise Group > Maintenance.
Open the finance enterprise group.
Click the Calendar tab.
Open any calendar and click the Close
Configuration tab.
Open the close configuration and click the Years tab.
Select the year with periods to move.
Select the period or periods to move and select Actions > Move To Different Year.
Specify this information:
New Close Year
Select the new close year to add the period
to.
Assign Default Period Name
Select this check box to update the period name with the
new variables. If the close year is part of the period name, select
this check box to avoid a confusing name.