Set up financial periods
To set up financial periods:
In the Group Company Parameters (tfgld0101s000) session, define these period parameters:
- Reporting Periods
- Number of Fiscal Periods
- Number of Reporting Periods
- Number of Tax Periods
- Period Separator
In the Periods (tfgld0105m000) session, define the periods. You can specify:
- A financial period that you use to post corrections.
- The period's start date.
- In the End Dates by Fiscal Year (tfgld0106s000) session, set the end dates for the last period of a fiscal year.
- In the Period Status (tfgld0107m000) session, set the required period status for each period.