Calendar Assignments for Shortened Fiscal Year
The following example shows how the posting periods and calendar assignments of a shortened fiscal year should be defined.
Fiscal year YYYY is a shortened fiscal year with 6 periods (1/1/YYYY - 6/30/YYYY). The non-calendar fiscal year YYYY + 1 begins on 7/1/YYYY. You must assign the periods for the calendar year YYYY as follows:
From |
To |
Period |
Year change factor |
01/01 |
01/31 |
01 |
0 |
|
02/28 |
02 |
0 | |
|
03/31 |
03 |
0 | |
|
04/30 |
04 |
0 | |
|
05/31 |
05 |
0 | |
|
06/30 |
06 |
0 | |
|
07/31 |
01 |
+1 | |
|
08/31 |
02 |
+1 | |
|
09/30 |
03 |
+1 | |
|
10/30 |
04 |
+1 | |
|
11/30 |
05 |
+1 | |
|
12/31 |
06 |
+1 |