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Dynamics 365 Community / Forums / Microsoft Dynamics GP (Archived) / Change from Calendar Y...
Microsoft Dynamics GP (Archived)

Change from Calendar Year to Fiscal Year

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Posted on by Steve Baldasti 325

We are changing from a Calendar Year to a Fiscal Year (Retail Calendar - 3 periods per Qtr.- Weeks are 5,4,4) 

 

We set up 2013 originally as a Calendar year.  Now our year will end on Dec. 30, 2013 I tested the change on a small company in our consolidation group.  GP reset the 2013 calendar year.  I tried to change the dates back to a calendar month but it still didn't like what I did.  Any advise?

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  • Frank Hamelly | MVP, MCP, CSA Profile Picture
    Frank Hamelly | MVP... 46,627 Moderator on at

    Steve, what do you mean it didn't like what you did?  What was the result of trying to change back to a Calendar year?

  • Steve Baldasti Profile Picture
    Steve Baldasti 325 on at

    So we are on a Calendar Year right now.  We want to go Fiscal (Retail).

    I changed the end date to be Dec. 30, 2013.  Figuring Dec., 2013 would be short 1 day.  We want to end on Dec. 30, 2013.   I RECALCED

    GP reset the period start dates in 2013 for all the periods.  I changed them back to Feb 01; Mar 01; etc.  Recalced but the dates didn't change.  So I reset everything back to a Calendar Year;

    End Date Dec 31

    Start dates Feb 01; Mar 01; etc.  Recalced.  So now I'm back to a Calendar Y/E.

  • Frank Hamelly | MVP, MCP, CSA Profile Picture
    Frank Hamelly | MVP... 46,627 Moderator on at

    Steve,  I ran into similar behavior testing this in GP 2013.  I'm not sure what the resolution is.  Perhaps someone experienced with setting up 5-4-4 or 4-5-5 periods in GP will chime in.

  • Steve Baldasti Profile Picture
    Steve Baldasti 325 on at

    Thanks Frank, I'll post the results later today.  

  • Verified answer
    Steve Baldasti Profile Picture
    Steve Baldasti 325 on at

    Sorry for the delay - month end got in the way.

    This is what I was told by our GP VAR:

    Change the Current Year End Date - in our case Dec 31 to Dec 30.

    Calculate - GP will recalculate the periods for the current year.  

    I changed the period start dates back to Jan 1, Feb 1, Mar 1, etc.  I didn't calculate I just  clicked OK.  (The reason I set the period start dates back to the 1ST of each period was to keep CM, AP & AR in sync with the GL).  GP gives you a warning message but I said okay.

    I then set up the new Fiscal Year  - Start Date = Dec 31, 2013; End Date = Dec 29, 2014; Periods = 12, the click Calc.  GP creates it's own period start date for each period; I overrode those dates with our own.  Again clicked OK not Calc, GP gave me a warning message, clicked OK and the 2014 Fiscal Calendar is set.  

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