Sales Calendar (FR00.3)

Use Sales Calendar (FR00.3) to define and maintain each Franchise Management company and at least three fiscal year calendars (previous, current, and next) for each company.

In addition, you must define the appropriate number of cycle dates based on the frequency on each calendar.

Note: You must ensure that the previous, current, and next year dates are correct and up to date. The year dates must be changed as soon as the last transaction for the last cycle date in the current year has been successfully processed.

Processing Effect

In the Franchise Management application, a cycle is a phase of the fiscal year associated with a specific date (cycle date) when routine invoicing, postings, closings, and reporting can occur. The Franchise Management application uses these dates to verify cycle dates typed in FR20.1 (Sales Entry) and in other forms and to control General Ledger posting dates and transaction dates.

More Information

Before you define a calendar, you must set up the company and other required setup data in the General Ledger, Accounts Receivable, and Billing applications. In addition, you must know the most frequent interval (fewest calendar days) you want to use for processing charges for the company. The application lets you define a weekly, monthly, quarterly, or annual frequency. If you process some charges more frequently than others, you must set the company frequency to the most frequent interval. For example, if you process some charges weekly and others monthly, you must set the frequency to weekly.