Use fiscal calendars when uniform accounting periods are required through the year.
A fiscal calendar is a span of 365 days (366 in leap years) during which the financial activities of an organization are calculated. A fiscal year is divided into fiscal periods, typically defined as semesters, quarters, or months. A fiscal calendar can start on any day of the year. Fiscal calendars result in more uniform accounting periods throughout the year.
Fiscal calendars create uniform accounting periods throughout the year
Examples
Fiscal calendar schedules are useful for the following types of scenarios:
Fields
When you select Fiscal in the Units group box on the Frequency tab, Applications Manager displays the fields shown in the image above. The fields are described below.
Field | Description |
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The Name field is used to select a fiscal calendar. Fiscal calendars are created by running the CREATE_FISCAL_CALENDARS job. When you define a fiscal calendar, you determine its:
For more information on creating fiscal calendars, see Creating Fiscal Calendars. |
|
Run days |
The run days specify the days of the week (Mo, Tu, We, etc.) that the task is eligible to run. |
Exception method |
The Exception method box determines how Applications Manager will handle days that are skipped by a skip calendar or are included on the schedule's Exceptions tab. For more information, see Setting Reschedule From and Exception Method Options. |
Period |
The periods are the fiscal months. If the 444 fiscal calendar is used, there will be a 13th period. |
Week |
The cycles are the weeks in a month. If there is a fifth week, it is designated by the Last option. If you select only the Last option, this designates the last week in the month, which will always be the forth or fifth week. |
Skip Calendar |
Defines dates on which the task will not run. |