Creating a calendar

Each finance group can have one or more System Calendars defined. Calendars use Period Groups to schedule transactions.

Note: 

AP Invoice Automation uses the Corporate Calendar to determine work days when escalating invoices that are pending approval.

  1. Select General Setup > Calendars.
  2. From the Actions menu, select Create.

    Specify this information:

    Enterprise Group

    This is the equivalent of the Finance Group.

    System Calendar

    Defines an organization's working days, non-working days, holidays, and bank days for a year. The calendar is used to schedule processing jobs within the system.

    Description

    Specify a description for your system calendar.

    Non Working Day Text

    Optionally, specify the values in this field which shows in the non-working days of the system calendar.

    M3 In Use
    Note: 

    M3 In Use is not used for any Office of Finance modules.

  3. Click Save.

    The Dates and Period Groups tabs are displayed.

  4. Create dates.
    1. From the Actions menu, select Create Dates.

      Specify this information:

      From Year

      Select the starting year of the system calendar.

      To Year

      Select the starting year of the system calendar.

      Work Days

      Select the days of the week that are work days. This field is used by AP Invoice Automation and Close Management.

      Bank Days

      Select the days of the week that are bank days. This field is used by Cash and Treasury.

      Note: 

      Fields not mentioned in this table are not used by Office of Finance applications.

    2. Click OK.
    3. Update the calendar work dates or bank dates for holidays.