How to Setup New Accounting Periods in Dynamics 365 for Financials - Project Madeira
Transcript
0:07 in this video we're going to review the process of creating new accounting
0:17 periods from the home menu
0:21 we're going to select company settings from company settings select general
0:29 ledger setup and now on the ribbon
0:33 you see it at an option for accessing the accounting periods
0:37 here is a list of existing accounting periods that have been set up in the
0:44 system
0:45 you'll see a new fiscal year check box to indicate the starting date of the new
0:52 fiscal year
0:53 currently periods through the end of december 2016 have been created
1:03 there are two ways to create accounting periods
1:06 the first is to manually insert a new row and type in the starting date of the
1:13 next accounting period
1:16 this method would be required if non-standardized accounting periods were
1:21 used for example where the starting date of each period began on a unique or
1:27 different date if calendar months are used however you can use a function at
1:33 the top called create year when i select create year the system will suggest for
1:39 me
1:39 the starting date of the next available . the number of periods in the year and
1:46 the length of each . in this case 1 M is one month i'll select ok and the system
1:54 now creates all my periods in this case for 2017
1:59 if I'd like to also create my new periods for 2018
2:05 yeah
2:12 yeah