Microsoft Dynamics GP - Fiscal Periods Question

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Posted on by Lisa Hunter

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Client typically has a calendar year 13 period Fiscal Year Setup. Period 12 = 12/1/ thru 12/30 and Period 13 = 12/31. They would like to change their period 7 for reporting purposes from 7/1 - 7/31 to 7/1 to 8/1 and period 8 would be 8/2 - 8/31? Does anyone see anything wrong with this configuration. Would moving to 14 periods for this calendar year be a better choice, leaving period 7 as 7/1 - 7/31 and period 8 8/1 to 8/1 and period 9 being 8/2 - 8/31?

Thank you

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Heather Roggeveen 9,142 on at

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RE: Microsoft Dynamics GP - Fiscal Periods Question

I agree with Frank - go for the first option.
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Frank Hamelly | MVP... 4,029 Super User 2024 Season 2 on at

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RE: Microsoft Dynamics GP - Fiscal Periods Question

I like what's behind Door Number 1. I can't see having 14 periods with one in the middle of the year, 1 day long. Make sure you run Reconcile on your Fiscal Periods after you make the change in Fiscal Period Setup.