The Fiscal Period screen shows a 12 month period in which the company will account for all transactions This is the accounting period for a company and usually twelve periods, but more or fewer periods sometimes occur, especially in the transition year following a change to the fiscal year-end.

The upper section includes a search field that allows you to search for transactions by a specific year. You can also copy all the transactions in a specific accounting period through the Copy Year option. The Add Fiscal Year option allows you to add a new year that you want to account for.

In the lower section, this includes various fiscal years that you can drill down and amend accordingly.

Fiscal Year: This indicates various 12-monthperiods that the company accounts for all its transactions.

Current Period:

Reporting Period: This indicates when the accounting is being done

Beginning Date: This indicates start of the 12-month accounting period

Ending Date: This indicates end of the 12-month accounting period