Financial Administration › Entities › Fiscal Time Periods for Entities › Create Fiscal Time Periods

Create Fiscal Time Periods

To create fiscal time periods

1. Select Setup from the Finance menu, and on the Financial Organizational Structure page, click Entities.

   The Entities page appears.

2. Click name of the entity for which you want to create fiscal time periods.

   The Entity Properties page appears.

3. Click the Fiscal Time Periods tab.

   The Entity Fiscal Time Periods list page appears.

4. Click New.

   The Entity Fiscal Time Period page appears.

5. Define or edit the following required fields:

   Period Type

   Defines the period type, such a monthly or quarterly. Once you create this time period, you cannot change the type.

   Time Period Year

   Defines the year.

   Time Period Description

   Defines the placeholder description for the set of time periods being created.

   Started Date

   Defines the start date for the time period or range of time periods.

   Finish Date

   Enter the start and ending dates for the time period or range of time periods.

6. Click Submit. All time periods within the date range are created with a status of "Inactive".
7. Activate fiscal time periods.