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Is It Possible To Have 13 Periods In One Year?

Question

Are we able to specify time periods in our Actuals and budget plan versions? Currently our Actuals version is monthly, but we would like to add a period 13 to each year to account for any year-end adjustments, so one year would be 13 periods (Jan - Dec + period 13). Is this possible?

Answer

With the current functionality, it is not possible to allow for 13 periods in one year. There is a current enhancement request for this functionality (request # is 6012).

When clients have a 13th period or an accounting audit adjustment period, they will typically combine this information into the last month of the fiscal year and add a sheet note so that users are aware of this.

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