How can a Calendar Fiscal Year be changed to a Non-Standard Fiscal Year?
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Calendar Year vs. Non-Standard Fiscal Year
Best answer by Laura03
There is an option in Master Financial Calendar: checkbox “User-Defined Periods” that may help you. From the Acumatica Help: User-Defined Periods is a check box that you select to enable the modification of the periods of the latest year. You can edit the end dates of periods; the system will automatically adjust the start dates of the periods.
After you modify the periods and save your changes, if the last period ends on a different date than the financial year does, the system opens the Update Financial Year Dialog Box where you can select the method to update the financial year template.
I recommend trying the changes in a test copy of your database to make sure you get the desired results. Acumatica support/development has assisted some clients with fiscal changes that were more complex. Perhaps “Plan B” is to open an Acumatica ticket.
Laura
+20There is an option in Master Financial Calendar: checkbox “User-Defined Periods” that may help you. From the Acumatica Help: User-Defined Periods is a check box that you select to enable the modification of the periods of the latest year. You can edit the end dates of periods; the system will automatically adjust the start dates of the periods.
After you modify the periods and save your changes, if the last period ends on a different date than the financial year does, the system opens the Update Financial Year Dialog Box where you can select the method to update the financial year template.
I recommend trying the changes in a test copy of your database to make sure you get the desired results. Acumatica support/development has assisted some clients with fiscal changes that were more complex. Perhaps “Plan B” is to open an Acumatica ticket.
Laura
i cant seem to get the User-Defined Periods to become available. we are mid-financial year, but need to insert another financial period. any suggestions?
I do not know the exact restrictions, however, once there are transactions posted to the year you cannot alter the calendar or periods.
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