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Administrators can use the Fiscal Years screen to create and maintain the set of fiscal periods (including custom weeks, months and quarters) that will be available in your system. By allowing the Administrator to specify their own dates, each Unanet installation can customize to their own corporate calendar as well as facilitate changes in fiscal period definitions.
These additional fiscal periods will be available for use when creating Plans and Assignments, and will also be available as additional reporting period options on many standard reports, as well as when creating Billing activities such as posting or creating invoices.
Custom fiscal periods can be defined via the Admin >> Setup >> Fiscal Years screen.
This screen is available with the Project Tracking and Project Portfolio Unanet licenses.
Fiscal Years for Project Costing
While the concept of Fiscal Years is available on many standard reports, it is particularly applicable to the Project Accounting reports associated with Project Costing. These definitions are used in conjunction with the management of Indirect Cost Rates (Target, Provisional and Actual) and are also used on various Project Accounting Reports when determining past, present and future fiscal periods. The validations on this screen will enforce that there are no overlapping definitions as well as prevent any gaps between fiscal year definitions.
Advanced Support for Fiscal Calendar Periods
Using the unanet.fiscal_calendar.enabled property, additional functionality can be enabled on this screen to allow for the creation of custom quarters, months and weeks. This may be useful if your installation has a special accounting calendar such as 4-4-5, 4-5-4, etc.
Note that configuring advanced fiscal periods is in no way related to time period definitions and will not impact the recording of time.
Topics covered on this help page include:
Example - Fiscal Year for Project Costing Maintenance screen (default Fiscal Years screen)
Example - Fiscal Calendar Maintenance screen (enabled via the unanet.fiscal_calendar.enabled property for advanced accounting calendar support)
You may also be interested in:
Cost Elements (Define list of Labor, ODC and Indirect Cost pools)
Cost Report (Define the list of Cost Elements, formula for sub-total and total lines to be included in your Project Costing reports)
Cost Structure (Define list of Cost Structures available in your Unanet installation)
Labor Cost (Specify Labor Cost elements available for a particular Cost Structure)
ODC Costs (Specify ODC Cost elements available for a particular Cost Structure)
Indirect Costs (Define the Indirect Cost pools and their formulas for a particular Cost Structure)
Indirect Cost Rates (Maintain the Target, Provisional and Actual Indirect Cost Rates for each Indirect Cost pool for a particular Cost Structure)
Project Costing Reports (View a list of Project Costing related reports)
Using this screen, you can create, modify and remove fiscal year periods. Note that removing a fiscal year period will result in the removal of any associated Indirect Cost Rates. Fiscal year definitions can be modified as they are referenced dynamically at report generation run time.
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Using this screen, you can create the fiscal year definitions that will be available for use with the Project Accounting functionality as well as create the additional fiscal quarters, months and week definitions that will be available for Assignments / Plans and in reporting. This screen will enforce that no gaps exist when defining fiscal periods. Because these periods are referenced dynamically at report runtime, these definitions can be modified or removed entirely.
Note that if you create Plans and Assignments using particular fiscal periods and subsequently alter your fiscal period definitions, the existing plans and assignments will continue to reflect the original dates for which they were planned.
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When adding a new Fiscal Year, you will initially be prompted to provide a Name (e.g. FY2010) and supply a Begin Date. You will also need to identify a Fiscal Year Type. This Type selection will provide you with a starting point which you can then further customize on the subsequent Fiscal Year Breakdown screen.
If you have other existing fiscal years already defined, the system will default the Begin Date to the day after the latest Fiscal Year End Date as to ensure no gaps.
The available Fiscal Year Types include a Gregorian Calendar option (which represents a basic 12 month year - beginning on the first day of any month and ending 12 months later) as well as a number of other accounting calendar types (e.g. 4-4-5, 4-5-4, etc). Keep in mind that what you select in this screen will provide you with a preliminary layout of weeks, months and quarters which you will have the option of further customizing before this fiscal year definition is complete.
After making your initial choice on the Fiscal Year Type screen, or when editing an existing fiscal year breakdown definition, you will be presented with a screen resembling the following. On this screen, you can further customize the fiscal year periods by changing the number of days in a week, inserting additional periods using the 
icon, or removing entries by clicking on the 
icon.
Clicking on the Reset button will set the breakdown back to the original system provided definition.
