Fiscal Year

Key field. Enter the last two digits of the applicable fiscal year.

Fiscal Month

Key field. Enter the two-digit numerical accounting period defined in this line from 00 to 99 . The first accounting period in the fiscal year is represented by 01 , the second by 02 . A line must exist for each accounting period. Fiscal Year (FYSR) specifies how many accounting periods are defined in the fiscal year.

Fiscal Quarter

Required. Enter 1 , 2 , 3 or 4 . The year-end adjustment period, if one exists, belongs to quarter 4.

Month Name

Optional. Enter the name of the accounting period exactly as you want it to appear on the reports.

Month End Date

Required. Enter the last date ( mm dd yy ) of the accounting period. The year-end adjustment period end date should fall in the next fiscal year. You can make the adjustment period as long as you wish.

Period Closed

Optional. Enter Y to close a period so that additional documents will not be posted to it. Once a period is closed, only adjusting journal vouchers can be posted to the closed period. (These journal vouchers may only be submitted by a system administrator with override authority.)

This field automatically changes to Y when monthly closing has been run.

Month End Process

Optional. Default is N . This field automatically changes to Y when the monthly closing process has been run. The field can also be manually entered. Valid values are:

Y

Monthly closing has been run.

N

Monthly closing has not been run.

Year End Adjustment Period

Required. Enter Y if the accounting period defined in this line is a year-end adjustment period. Otherwise, enter N .