Set accounting years and periods

Before you set up the general ledger, set accounting years and periods. You can set as many accounting years as required.

To set accounting years and periods

1. Open the Accounting Years (AYRS) page.

   a. Select Financial Management > Master Data > Accounting Years.

   Or

   b. Search for AYRS in the Navigation box and then select Accounting Years. The Accounting Years (AYRS) page appears.

2. On the Toolbar, click New. A new header file appears.

3. In the Description field for this Accounting Year, type FY, a space, and the year.

4. If the dates in the From Date and Thru Date fields do not reflect the start and end dates of the Accounting Year, change them.

• Click the calendar icon at the end of the From Date and Thru Date fields to display the Calendar. Select the required dates.

  Or

• Type the date in the fields.

5. In the No of Periods field, enter the exact number of accounting period. Increment or decrement the value using the upward or downward arrow.

6. On the Toolbar, click Save. The changes are saved.

   Or

   click Cancel to exit.

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