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Former Member
Jan 15, 2012 at 02:08 AM

Daily period is a fiscal year

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Dear Experts,

I have a business requirement where I need to define 366 periods in a year.

Basically each day is called one period. The daily periodic balance of a particular GL is taken for various other calculation for reporting requirement.

Now the question I am having, is it possible to do so?

I have tried creating 366 periods and with the exact number of days associated with it. But the system does not allow me to save it, as it says 'Gaps in financial year variant periods'.

Any suggestion will be greatly appreciated.

Many Thanks

Regards

Paul