Configuring Fiscal Periods

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The first step in the BillingBuilder Setup process is configuring fiscal periods.  To configure a fiscal period, complete the following steps:

    1. From the AWARDS Home screen, click Administration from the left-hand menu, and then click Fiscal.  The Fiscal fly-out menu is displayed.
    2. Click BillingBuilderThe BillingBuilder Menu page is displayed. 

    1. Click Fiscal Periods.  The G/L Fiscal Periods page is displayed.

    1. Click Create.  The G/L Fiscal Periods data entry page is displayed.

  NOTE: The Fiscal Period Begin date on this page defaults to the next fiscal period from the latest that exists. 

    1. Click the Open to Entry drop-down arrow and select "Open" so that transactions can be posted to the fiscal period.

  TIP: If a previous fiscal period is to be closed, or locked down, select that fiscal period on the previous page and click Update, then select "Closed" from the Open to Entry drop-down list.

    1. Click Save.  The fiscal period is saved and a confirmation message is displayed on the updated G/L Fiscal Periods selection page.

The process of creating a fiscal period is now complete.

  TIP: If it is later necessary to update or delete a fiscal period, complete steps 1 through 3 above, select the appropriate period from the Fiscal Period Begin Date selection list, and then click UPDATE or DELETE, respectively.