Whether your fiscal period starts in June or October, you can setup all that easily yourself in Dynamics 365 Business Central. You can also divide it into any number of periods as you wish. In this example, let’s explore the most common way of doing fiscal periods – dividing them into 12 months and ending December 31st.
To create accounting periods, perform the following:
1. Open the search and enter “Accounting Periods”;
2. Choose “Create Year…”:
3. Enter the starting date of your fiscal year, number of periods in it and the length of a period:
If you would like to learn how to end a fiscal year, please read our post on closing the fiscal year in Dynamics 365 Business Central.
If you would like to try this yourself in a test environment, sign up for a 30-day Business Central trial here.