You can activate a fiscal period to enable budgets for budget owners.

To activate a fiscal period:

1. In the Fiscal Calendar tab, select a fiscal year and then click Modify.

   The Modify Fiscal Year window appears.

2. Select a fiscal period and then click Activate.

3. Click Save.

You can deactivate a fiscal period to disable budgets for budget owners. You can deactivate a fiscal period anytime. All fiscal periods that belong to the fiscal year become inactive when the year is deactivated. If all fiscal periods that belong to the fiscal year are inactive then the year is deactivated.

To deactivate a fiscal period:

1. In the Fiscal Calendar tab, select a fiscal year and then click Modify.

   The Modify Fiscal Year window appears.

2. Select a fiscal period and then click Deactivate.

3. Click Save.