Financial periods are any periods you want to preset and report on, whether it’s a calendar date or another period (this can even be longer or shorter than a month if you need it to be!). It is especially beneficial if you are weary of previous financial periods being changed or affected.
Setting up
Step 1: Navigate to your office settings > Financial Period, and add your financial period:
Step 2: specify your financial period's name, start date, end date and payment date.
Tip: use a date format like "2024-06" to incorporate financial periods effortlessly into your reports.
Your financial periods will now look like this:
Have a look at this article for the next steps.