Enable custom calendars

We support three ways an organization can structure their fiscal calendars:

Calendar Types

  • Gregorian - Fiscal year is 12 consecutive months. Supports both traditional calendar (FY starts Jan, ends Dec) and non-Traditional (user chooses fiscal year start month).
  • 445 Variant -  Calendars that allow you to begin fiscal years at a different time than that of the regular year or to divide up the weeks/days in a year in a specific way such that each period starts/ends at the beginning/end of a week. The fiscal year is composed of 4 and 5-week periods organized into quarters containing two 4-week periods and one 5-week period (could be 4-4-5 or 4-5-4 or 5-4-4).
  • 13-Period - Calendars with 13 periods instead of 12. The primary reason for this is to make each period the same number of days.
Note:

Calendar type can be set only during initial configuration. It can’t be changed once it is configured.

Fiscal Calendar User Interface

Gregorian Calendar

Gregorian Calendar

13-Period Calendar

13-Period Calendar

445 – Variant

445 – Variant

To learn more about FCS, refer Fiscal Calendar Services.