Introduction
Fiscal calendars provide a framework for the financial activity of an organization.
Before you post transactions, a new fiscal year must be divided into periods, and shared across multiple legal entities. A benefit of sharing fiscal calendars is that it supports multiple fiscal calendars for each legal entity. Each fiscal calendar is independent of your organization, and can be used by multiple legal entities in the organization.
The fiscal year in Dynamics 365 Finance can be set to any length and divided into any number of periods.
In this module, you'll learn how to:
- Differentiate between ledger and fiscal calendars.
- Configure and set up fiscal calendars, years, and periods.
- Create and use date intervals.