If you want to create a new fiscal period in Dynamics GP there are a few easy steps.
- Go to: Tools>>Setup>>Company>>Fiscal Periods
- Where it says 2015 overwrite with 2016 (or current year)
This should set up your first and last day of 2016
Your Number of Periods should be 12
- Hit calculate and you will get the following screen:
Note: You have the option to rename the periods to Months.
- Use the button “close all” periods and open only what you need in 2016. You can uncheck anything you don’t want closed.
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By CAL Business Solutions, www.calszone.com