Fiscal time periods are the dates you specify as a unit for reporting and financial processing. Before you can perform financial planning tasks or create chargeback rules, fiscal time periods must defined for an entity.
When creating time periods, the period, year, and date range you select automatically creates a series of time periods. For example, if the time period is monthly, enter January 1 as the start date and December 31 as the finish date to create time periods for each month in the specified year.
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