Creating and editing a Financial Period

To create a new Financial Period, the procedure is as follows:

1. Add [INS]
2. Code. Enter the period code. ie. Weekly, monthly yearly etc.
3. Description. Enter a long description if required.
4. Period Definition Type. Use the down arrow key to select.
5. Save [F9].
6. Generate Financial Period. Select once the data is correct.
7. Ensure the new period created is ACTIVATED.