Configuring Fund and Ledger Fiscal Periods

Translatable
To configure fund and ledger fiscal periods, you must have one of the following roles:
  • Acquisitions Administrator
  • General System Administrator

A fiscal period is the financial year to which a fund or ledger applies. At the end of each period, you must roll over ledgers and PO lines to the next period. See Fiscal Period Closure.

You view and edit fiscal periods on the Fund And Ledger Fiscal Period Table mapping table (Configuration Menu > Acquisitions > General > Fund and Ledger Fiscal Period). For more information about mapping tables, see Mapping Tables.

Fund_and_Ledger_Fiscal_Period

Fund And Ledger Fiscal Period Table Mapping Table Page

On this page you can edit only the description and status of a fiscal period. Note that the Draft,Closed and Inactive statuses are for informational purposes only as needed by the customer. When creating a new ledger, only Active fiscal periods are available for the ledger. The status does not affect whether a rollover job can be run on the fiscal period (see Rolling Over Ledgers).

You cannot activate or deactivate fiscal periods using the sliders, and you cannot add or delete fiscal periods. These form elements in this table have no effect.

Fund and ledger fiscal periods cannot be added using this page. They appear automatically after ledger and PO line rollovers are run (see Rolling Over Ledgers and Rolling Over PO Lines).