Set up financial periods

To set up financial periods:

  1. 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
  2. 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.
  3. In the End Dates by Fiscal Year (tfgld0106s000) session, set the end dates for the last period of a fiscal year.
  4. In the Period Status (tfgld0107m000) session, set the required period status for each period.