Set up a Fiscal Year
You will use the GL Fiscal Years form to set up fiscal years.
To set up a fiscal year:
- Open GL Fiscal Years. In the Fiscal Year Ending field, specify the month on which the fiscal year ends.
- In the Beginning Month field, specify the month in which this fiscal year begins.
- If you are using
Management Reporter, in the Fiscal Year for Management
Reporter field, enter the year to use as the fiscal year for
You will typically enter a fiscal year equal to the Fiscal Year Ending month. However, if you have multiple fiscal periods in the same year (split years), you will need to enter a different Management Reporter fiscal year for each fiscal period. For more information, see About Fiscal Year for Management Reporter.